adplus-dvertising
Connect with us

News

Tuesday’s budget to include grocery rebate for lower income Canadians: source

Published

 on

The federal budget, set for Tuesday, will include a grocery rebate measure aimed at lower income Canadians to help address the affordability crisis, particularly to mitigate the rising cost of food, CBC News has learned.

A senior government official familiar with the budget, but not authorized to speak publicly before the budget is rolled out, told CBC News that the overall cost of the measure is “north of $2 billion” and will benefit 11 million households. It will be facilitated through the GST credit, aimed at lower income families.

“It’s being called a grocery rebate,” said the source, but noted the rebate amount will not be based on a person’s grocery expenditures, nor will the government require that the one-time payment be spent on groceries.

“It’s a targeted measure that won’t add fuel to the inflation fire,” said the source.

The source explained that a single person with no children could get a one-time payment of up to $234, while a couple with two children could receive up to $467 and a senior citizen about $225. The timing of these payments will depend on how quickly the government can get the legislation to implement the budget passed.

Tuesday’s budget will have other affordability measures as well. CBC News can confirm that the government plans to crack down on so-called junk fees for consumers, first reported by Canadian Press. Junk fees are hidden or unexpected consumer charges that are tacked on to the initial price of a product or service, ultimately inflating the total cost.

Statistics Canada says grocery prices were up 11.4 per cent from a year ago even as the country's annual inflation rate slowed in January.
Tuesday’s federal budget will include a grocery rebate measure aimed at lower income Canadians to help address the affordability crisis, particularly to mitigate the rising cost of food, CBC News has learned. Above, a woman shops for produce at the Granville Island Market in Vancouver on July 20, 2022. (Darryl Dyck/The Canadian Press)

Ottawa will have to work with various regulatory agencies and the provinces and territories to eliminate junk fees. Sectors that might be affected by the crackdown include phone and internet providers and large event ticket sellers.

The federal budget will also include an increase to the limit on what students can withdraw from their registered education savings plan (RESP) for post-secondary education. Right now, the limit on the education assistance payment (EAP), which is the investment earnings and government grant portions of the RESP, is $5,000. The federal government plans to increase that to $8,000, to reflect the rising cost of college and university.

There is no limit on the post secondary education (PSE) withdrawals, which are the contributions made by the subscriber.

Students walk on a sidewalk at the University of Toronto.
The federal budget will include an increase to the limit students can withdraw from their registered education savings plan (RESP) for post-secondary education. People walk on the grounds of the University of Toronto in September, 2020. (Carlos Osorio/Reuters)

Investments in clean industrial economy

Other affordability measures are also expected in the budget and money has been set aside for pay for recent health-care deals made with the provinces and territories.

A key plank of the budget will also be investments in the clean industrial economy, spurred in part by the U.S. Inflation Reduction Act (IRA), which will pump hundreds of billions of dollars into clean energy in that country.

CBC News can also confirm a Reuters report that the budget will include a tax credit for clean tech manufacturing worth 30 per cent of capital investment costs in manufacturing equipment.

The government source used the critical mineral sector as an example of where the government wants to accelerate production. The tax credit would provide an incentive to mine and process critical minerals, with the recognition that there is a growing demand for them in the U.S., particularly for the electric vehicle market.

The source said that the new tax credit is one of the bigger tax measures that will be part of a comprehensive package the Liberal government will bring in to match or complement what the U.S. is doing with its Inflation Reduction Act.

.
A key plank of the federal budget will be investments in the clean industrial economy, spurred in part by the U.S. Inflation Reduction Act (IRA), which will pump hundreds of billions of dollars into clean energy in that country. Above, U.S. President Joe Biden signs into law the IRA as Democrats look on in August 2022. (Leah Millis/Reuters)

The budget will also provide greater detail about two tax credits first proposed in last November’s fall economic statement. The Clean Hydrogen Tax Credit and the Clean Tech Investment Tax Credit will take shape in this budget. Companies that invest in those areas and do so in a way that boosts pay for workers will benefit the most, said the source.

“There are similar positive incentives for unionized workers in the U.S.’s IRA. We mirror that in some ways,” said the source, adding that the government has been consulting organized labour over the last two months to ensure budget measures are not “designed in isolation.”

In fact, the new tax credits will be worth more to employers if their workers are paid more, said the source.

The source would not specify whether there’s a projection for a balanced budget.

The fall economic statement projected a balanced budget by 2028 — the first time the Liberal government had projected a balanced budget since it was first elected in 2015.

But economic growth is significantly weaker now.

“Expect to see the fiscal picture adjusted, not because of expenditures, but because nominal GDP growth is hugely different from a year ago,” said the source.

The slow growth might also impact the debt-to-GDP ratio, a key fiscal anchor for the government that has relied on a downward trajectory of the ratio to reassure Canadians that deficit spending is not out of control.

728x90x4

Source link

Continue Reading

News

Australia plans a social media ban for children under 16

Published

 on

 

MELBOURNE, Australia (AP) — The Australian government announced on Thursday what it described as world-leading legislation that would institute an age limit of 16 years for children to start using social media, and hold platforms responsible for ensuring compliance.

“Social media is doing harm to our kids and I’m calling time on it,” Prime Minister Anthony Albanese said.

The legislation will be introduced in Parliament during its final two weeks in session this year, which begin on Nov. 18. The age limit would take effect 12 months after the law is passed, Albanese told reporters.

The platforms including X, TikTok, Instagram and Facebook would need to use that year to work out how to exclude Australian children younger than 16.

“I’ve spoken to thousands of parents, grandparents, aunties and uncles. They, like me, are worried sick about the safety of our kids online,” Albanese said.

The proposal comes as governments around the world are wrestling with how to supervise young people’s use of technologies like smartphones and social media.

Social media platforms would be penalized for breaching the age limit, but under-age children and their parents would not.

“The onus will be on social media platforms to demonstrate they are taking reasonable steps to prevent access. The onus won’t be on parents or young people,” Albanese said.

Antigone Davis, head of safety at Meta, which owns Facebook and Instagram, said the company would respect any age limitations the government wants to introduce.

“However, what’s missing is a deeper discussion on how we implement protections, otherwise we risk making ourselves feel better, like we have taken action, but teens and parents will not find themselves in a better place,” Davis said in a statement.

She added that stronger tools in app stores and operating systems for parents to control what apps their children can use would be a “simple and effective solution.”

X did not immediately respond to a request for comment on Thursday. TikTok declined to comment.

The Digital Industry Group Inc., an advocate for the digital industry in Australia, described the age limit as a “20th Century response to 21st Century challenges.”

“Rather than blocking access through bans, we need to take a balanced approach to create age-appropriate spaces, build digital literacy and protect young people from online harm,” DIGI managing director Sunita Bose said in a statement.

More than 140 Australian and international academics with expertise in fields related to technology and child welfare signed an open letter to Albanese last month opposing a social media age limit as “too blunt an instrument to address risks effectively.”

Jackie Hallan, a director at the youth mental health service ReachOut, opposed the ban. She said 73% of young people across Australia accessing mental health support did so through social media.

“We’re uncomfortable with the ban. We think young people are likely to circumvent a ban and our concern is that it really drives the behavior underground and then if things go wrong, young people are less likely to get support from parents and carers because they’re worried about getting in trouble,” Hallan said.

Child psychologist Philip Tam said a minimum age of 12 or 13 would have been more enforceable.

“My real fear honestly is that the problem of social media will simply be driven underground,” Tam said.

Australian National University lawyer Associate Prof. Faith Gordon feared separating children from there platforms could create pressures within families.

Albanese said there would be exclusions and exemptions in circumstances such as a need to continue access to educational services.

But parental consent would not entitle a child under 16 to access social media.

Earlier this year, the government began a trial of age-restriciton technologies. Australia’s eSafety Commissioner, the online watchdog that will police compliance, will use the results of that trial to provide platforms with guidance on what reasonable steps they can take.

Communications Minister Michelle Rowland said the year-long lead-in would ensure the age limit could be implemented in a “very practical way.”

“There does need to be enhanced penalties to ensure compliance,” Rowland said.

“Every company that operates in Australia, whether domiciled here or otherwise, is expected and must comply with Australian law or face the consequences,” she added.

The main opposition party has given in-principle support for an age limit at 16.

Opposition lawmaker Paul Fletcher said the platforms already had the technology to enforce such an age ban.

“It’s not really a technical viability question, it’s a question of their readiness to do it and will they incur the cost to do it,” Fletcher told Australian Broadcasting Corp.

“The platforms say: ’It’s all too hard, we can’t do it, Australia will become a backwater, it won’t possibly work.’ But if you have well-drafted legislation and you stick to your guns, you can get the outcomes,” Fletcher added.

Source link

Continue Reading

News

A tiny grain of nuclear fuel is pulled from ruined Japanese nuclear plant, in a step toward cleanup

Published

 on

 

TOKYO (AP) — A robot that has spent months inside the ruins of a nuclear reactor at the tsunami-hit Fukushima Daiichi plant delivered a tiny sample of melted nuclear fuel on Thursday, in what plant officials said was a step toward beginning the cleanup of hundreds of tons of melted fuel debris.

The sample, the size of a grain of rice, was placed into a secure container, marking the end of the mission, according to Tokyo Electric Power Company Holdings, which manages the plant. It is being transported to a glove box for size and weight measurements before being sent to outside laboratories for detailed analyses over the coming months.

Plant chief Akira Ono has said it will provide key data to plan a decommissioning strategy, develop necessary technology and robots and learn how the accident had developed.

The first sample alone is not enough and additional small-scale sampling missions will be necessary in order to obtain more data, TEPCO spokesperson Kenichi Takahara told reporters Thursday. “It may take time, but we will steadily tackle decommissioning,” Takahara said.

Despite multiple probes in the years since the 2011 disaster that wrecked the. plant and forced thousands of nearby residents to leave their homes, much about the site’s highly radioactive interior remains a mystery.

The sample, the first to be retrieved from inside a reactor, was significantly less radioactive than expected. Officials had been concerned that it might be too radioactive to be safely tested even with heavy protective gear, and set an upper limit for removal out of the reactor. The sample came in well under the limit.

That’s led some to question whether the robot extracted the nuclear fuel it was looking for from an area in which previous probes have detected much higher levels of radioactive contamination, but TEPCO officials insist they believe the sample is melted fuel.

The extendable robot, nicknamed Telesco, first began its mission August with a plan for a two-week round trip, after previous missions had been delayed since 2021. But progress was suspended twice due to mishaps — the first involving an assembly error that took nearly three weeks to fix, and the second a camera failure.

On Oct. 30, it clipped a sample weighting less than 3 grams (.01 ounces) from the surface of a mound of melted fuel debris sitting on the bottom of the primary containment vessel of the Unit 2 reactor, TEPCO said.

Three days later, the robot returned to an enclosed container, as workers in full hazmat gear slowly pulled it out.

On Thursday, the gravel, whose radioactivity earlier this week recorded far below the upper limit set for its environmental and health safety, was placed into a safe container for removal out of the compartment.

The sample return marks the first time the melted fuel is retrieved out of the containment vessel.

Fukushima Daiichi lost its key cooling systems during a 2011 earthquake and tsunami, causing meltdowns in its three reactors. An estimated 880 tons of fatally radioactive melted fuel remains in them.

The government and TEPCO have set a 30-to-40-year target to finish the cleanup by 2051, which experts say is overly optimistic and should be updated. Some say it would take for a century or longer.

Chief Cabinet Secretary Yoshimasa Hayashi said there have been some delays but “there will be no impact on the entire decommissioning process.”

No specific plans for the full removal of the fuel debris or its final disposal have been decided.

The Canadian Press. All rights reserved.

Source link

Continue Reading

News

Dabrowski, Routliffe remain unbeaten at WTA Finals, reach semifinals in Riyadh

Published

 on

RIYADH, Saudi Arabia – Gabriela Dabrowski of Ottawa and New Zealand’s Erin Routliffe rallied to defeat Americans Caroline Dolehide and Desirae Krawczyk 4-6, 6-3, (10-6) on Thursday at the WTA Finals.

With the win, Dabrowski and Routliffe completed the round-robin stage with a perfect 3-0 record at the season-ending tournament, which features the WTA Tour’s top eight women’s doubles teams.

The No. 2 seeds secured first place in their pool with the win, rallying from a set and break down to finish the match in 93 minutes.

Dolehide and Krawczyk, who defeated Dabrowski and Routliffe in the final at Toronto’s National Bank Open in August, closed their first WTA Finals with a 0-3 record.

Dabrowski and Routliffe will face American Nicole Melichar-Martinez and Australia’s Ellen Perez, who finished second in their group with a 2-1 record, in Friday’s semifinal.

The final is scheduled for Saturday.

This report by The Canadian Press was first published Nov. 7, 2024.

The Canadian Press. All rights reserved.



Source link

Continue Reading

Trending