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A new report by the Parliamentary Budget Officer (PBO) says Prime Minister Mark Carney‘s new housing agency is on track to build 26,000 homes over the next five years. That comes after Carney said during the federal election campaign that his government would double the pace of housing construction to 500,000 a year, but without specifying in that vow whether it would be the promised new federal agency that would do so.The impact of Build Canada Homes, a new federal agency created in September, on easing Canada’s housing crisis will likely be “modest,” the PBO report said.The PBO report says the agency is currently on track to increase housing supply by 2.1 per cent over the next five years. 4:31 ...

Changes could be on the way for federal income tax brackets next year, according to the Canada Revenue Agency. If the legislation working its way through Parliament becomes law, the proposed changes would mean Canada’s lowest earners may pay slightly less income tax starting in 2026.Some income tax cuts were introduced prior to the summer of 2025 by the federal government, and the new changes would essentially apply the same cut for the entire tax year. 2:20 Federal budget aims to balance spending with controversial cuts Prime Minister Mark Carney’s so-called “middle-class tax cut” introduced in the spring proposed dropping the federal income ...

By Aaron Sousa The Canadian Press Posted December 2, 2025 9:56 am Updated December 2, 2025 10:24 am 1 min read Descrease article font size Increase article font size The publisher of the Franklin series of children’s books says an online post by U.S. Defense Secretary Pete Hegseth depicting the titular character as a bazooka-wielding soldier is denigrating and violent. Hegseth shared on social media Sunday a mock cover of a Franklin book titled “Franklin Targets Narco Terrorists” with the caption: “...

Prime Minister Mark Carney will address hundreds of First Nations chiefs gathered in Ottawa today for the December meeting of the Assembly of First Nations. Carney’s appearance before the chiefs could be a tense moment, coming just days after Ottawa signed a pipeline agreement with Alberta, which some First Nations leaders have condemned over a lack of consultation and environmental risks.“Canada is at a crossroads in its relationship with First Nations,” Assembly of First Nations National Chief Cindy Woodhouse Nepinak told The Canadian Press.“Our rights are being threatened in new ways, but we’re not afraid. Far from it. First Nations across the country are stronger than ever.” 2:04 Will Carne...