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Seizures of contraband and unauthorized items at Collins Bay Institution

| Correctional Service Canada | news releases

Between September 2 and September 8, 2026, as a result of the vigilance of staff members, multiple packages containing contraband and unauthorized items were seized at Collins Bay Institution, a multi-level security federal institution.


Government of Canada introduces new Productivity Mega Deduction to boost Canada’s advantage as the most competitive G7 country for new business investment

| Department of Finance Canada | backgrounders

To boost business investment, enhance certainty and simplicity for businesses, and strengthen Canada’s tax competitiveness, the Government of Canada proposes to implement the Productivity Mega Deduction, which will provide immediate expensing for a broad-based range of depreciable property on a permanent basis. Immediate expensing allows taxpayers to fully write off the cost of an investment in the year that it becomes available for use. This powerful investment incentive will create the conditions for an extended period of higher investment—a Canadian investment supercycle.


Canada Employment Insurance Commission confirms 2027 Employment Insurance premium rate

| Employment and Social Development Canada | news releases

Today, the Canada Employment Insurance Commission made available the actuarial report and its summary for the 2027 Employment Insurance (EI) premium rate. The rate for 2027 is set at $1.64 per $100 of insurable earnings for employees and $2.30 for employers, who pay 1.4 times the employee rate. This rate will come into effect on January 1, 2027, and is equal to the 2025 rate.


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2025-12-23