VENTURE CAPITAL POST

Canada's Prime Minister Justin Trudeau has dismissed a plea from doctors to reconsider his government's proposal to raise the capital gains tax.

The new tax increase raises the taxable portion of capital gains exceeding $250,000 Canadian (US$181,000) from half to two-thirds.

Much of the investment is directed towards improving Canada's computing and technology infrastructure, which will benefit AI researchers and startups.

The Online Harms Act mandates internet platforms to regulate and remove harmful content, drawing parallels with European initiatives.

Elon Musk has mocked Canada's Prime Minister Justin Trudeau by sharing real photos of him in "brownface" and different ethnic costumes on X and then sarcastically crediting them to Google's Gemini AI tool.

Global investment in the clean energy sector has been increasing year by year. However, Canada’s clean energy investment has been plunged by 46% in 2015 compared to the previous year. Canadian government has been urged by the Clean Energy advocates to adopt more investment friendly policies to patronize the sector.

The finance minister of Canada, Bill Morneau, is expected to disclose the principal terms of Liberal's first budget on Monday. Morneau's revised budget figures will highlight the problems facing Canada's economy.

Alberta Premier Rachel Notley said Sunday that the New Democratic Party will limit oil-sands emissions, discontinue coal power plants, and create an economy-wide carbon price as part of a strategy to reduce pollution in Canada's most polluting province.

US President Barack Obama is heading for an Asian trip and is expected to join the APEC Summit in Manila to talk about the Trans-Pacific Partnership. The Asia-Pacific Economic Co-operation (APEC) summit, which will be attended by all Asia-Pacific leaders will be the center of Obama's attention to deliver a speech and convince leaders to sign the agreement.

Right after defeating his rivals, Canada's new Prime Minister is immediately under heavy pressure to perform and deliver on his promises, especially on climate change, legalizing marijuana, and fighting terrorism.

Canada's New Democrats on Saturday proposed enacting a C$15-an-hour ($13.53) federal minimum wage, as the left-leaning party, lagging in third place in opinion polls, seeks to stake out specific policy positions before a likely 2015 election.