Saskatchewan Revenue Agency Act introduced, meaning two tax filings for business

Saskatchewan Revenue Agency Act introduced, meaning two tax filings for business

As a business owner, do you prefer dealing with one tax agency, or two? Because you are soon likely to find out.

As part of its push to establish more autonomy from the federal government, on Dec. 5 the Government of Saskatchewan introduced Bill-122, The Saskatchewan Revenue Agency Act. It is aimed at establishing a new agency to pursue greater autonomy in tax collection.

Outgoing CEO Al Monaco says Enbridge ‘poster child’ for an orderly energy transition

Outgoing CEO Al Monaco says Enbridge ‘poster child’ for an orderly energy transition

Monaco calls Northern Gateway “the best project that we couldn’t do.” But he says Canada’s energy sector emerged from that battle, and those related to other cancelled projects such as TC Energy’s Energy East and Keystone XL, stronger and wiser.
“Things became very polarized in that time frame, and I think it was a real wake-up call for the industry in general,” he said. 

No OPEC+ oil shakeup as Russian price cap stirs uncertainty

No OPEC+ oil shakeup as Russian price cap stirs uncertainty

FRANKFURT, Germany (AP) — The Saudi-led OPEC oil cartel and allied producers including Russia did not change their targets for shipping oil to the global economy amid uncertainty about the impact of new Western sanctions against Russia that could take significant amounts of oil off the market.

The decision at a meeting of oil ministers Sunday comes a day ahead of the planned start of two measures aimed at hitting Russia’s oil earnings in response to its invasion of Ukraine. Those are: a European Union boycott of most Russian oil and a price cap of $60 per barrel on Russian exports imposed by the EU and the Group of Seven democracies.

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