Inflation surprisingly rises, CRA announces legal action and Canada’s dysfunctional housing market: Business and investing news for June 30Getting caught up on a week that got away? Here’s your weekly digest of the Globe’s most essential business and investing stories, with insights and analysis from the pros, stock tips, portfolio strategies and more.In an unexpected move this week, Statistics Canada reported that Canada’s inflation rate climbed higher in May.
from individuals who have been unresponsive or uncooperative so far, yet who have the means to pay. The tax collection agency announced that it will begin sending warnings in July that could lead to legal action, Pippa Norman reports. It had already began sending letters in February, 2023 to people who had not made an effort to resolve their overpayment. The agency said $9.53-billion in outstanding COVID-19 benefit recovery-related debt remained as of April 30. Of that total, $5.
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