â–ş Listen Live
â–ş Listen Live

CRA wrote off $133m in back taxes for one tax payer, Sri Lanka stepping up military’s wartime powers

CRA wrote off $133m in back taxes for one tax payer

A Canadian taxpayer got a $133 million break from the CRA, but the agency won’t say who it was.

The CBC got its hands on a memo from last fall that showed the entire amount of owed back taxes was written off. It’s not clear if the writeoff went to a company or an individual.

Sri Lanka stepping up military’s wartime powers

The president of Sri Lanka is giving the nation’s military sweeping wartime powers following a series of deadly bombings there. Churches and hotels were the targets, with 290 killed and 500 hurt.

The powers will allow officials to detain and interrogate suspects without a court order and enforce an 8:00pm curfew.

US stepping up pressure on Iran

The United States is putting an end to exemptions from sanctions for five countries that import Iranian oil.

Those countries are China, Japan, South Korea, India and Turkey. The move is another part of the Trump administration’s tough stance on Iran and is an attempt to damage the nation’s economy.

Continue Reading

cjat Now playing play

ckqr Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Columbia Basin Trust to bring power operations in-house

The Columbia Basin Trust and Columbia Power Corporation will be moving to in-house management of the Arrow Lakes, Brilliant Expansion, and Waneta Expansion facilities as of March 2027.

BC Timber Sales braces for ‘big problems’ selling wood

A BC Timber Sales manager for the Kootenay-Boundary admits they could face sales problems in the coming months as local mills cope with additional U.S. tariffs.

B.C. tables bill to hold vape companies accountable for health-care costs

Proposed legislation would allow British Columbia to take legal action against vape manufacturers to recover health-care-related costs. 

Construction industry applauds B.C.’s proposed prompt payment legislation

Construction industry groups in British Columbia are welcoming proposed legislation aimed at ensuring contractors are paid on time.

B.C. and Alberta saw largest rent declines as prices fall across Canada, says report

British Columbia and Alberta saw the largest declines in the price of apartment rentals over the past year, although B.C. remained the most expensive province for renters.
- Advertisement -