Skip to main content

Featured

Holiday Ginger Cookies Recipe

  Ingredients: - 2 1/4 cups all-purpose flour - 2 tsp ground ginger - 1 tsp baking soda - 1 tsp ground cinnamon - 1/2 tsp ground cloves - 1/4 tsp salt - 3/4 cup unsalted butter, softened - 1 cup granulated sugar - 1 large egg - 1 tbsp water - 1/4 cup molasses - 1/4 cup additional granulated sugar for rolling Instructions: 1. Preheat Oven: Preheat your oven to 350°F (175°C). Line baking sheets with parchment paper. 2. Combine Dry Ingredients: In a medium bowl, whisk together the flour, ginger, baking soda, cinnamon, cloves, and salt. 3. Cream Butter and Sugar: In a large bowl, using an electric mixer, beat the butter and 1 cup of sugar until light and fluffy. Add the egg, water, and molasses, and beat until well combined. 4. Mix Ingredients: Gradually add the dry ingredients to the wet ingredients, mixing until just combined. 5. Form Dough Balls: Roll the dough into small balls, about 1 inch in diameter. Roll each ball in the additional granulated sugar to coat. 6. Bake: Place the...

Proposed Tax Change Could Impact Electricity and Gas Bills in Certain Provinces



Electricity Canada has raised concerns about a proposed tax change that could have significant implications for consumers. The alteration, outlined in the government’s bill to implement its fall mini-budget, aims to align Canada’s tax rules with those of other countries that operate across multiple jurisdictions.

The proposed adjustment to the Income Tax Act would bring Canada in line with the United States, the United Kingdom, and Ireland. However, the impact on privately operated utilities—particularly electricity and natural gas companies—could be substantial.

Michael Powell, Vice President of Government Relations at Electricity Canada, warns that this change may force privately operated utilities to increase the rates charged to consumers. The issue arises from the reduction in tax exemptions for debt loads, which would result in higher income tax bills for these companies.

As private utilities often carry higher debt loads to maintain lower rates, the proposed tax change could lead to rate hikes for electricity and natural gas services. Consumers in affected provinces should closely monitor developments and prepare for potential adjustments to their utility bills.

While the goal is to harmonize tax rules internationally, the impact on everyday Canadians remains a critical consideration. As the bill progresses, citizens and policymakers alike will be watching closely to assess its effects on household budgets.


Comments