{"id":27136,"date":"2026-05-01T02:14:22","date_gmt":"2026-05-01T02:14:22","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/27136\/"},"modified":"2026-05-01T02:14:22","modified_gmt":"2026-05-01T02:14:22","slug":"news-of-the-day-canada-gdp-ontario-nuclear-reactor-whitecap-earnings-tax-instalments-economists-reaction-and-more","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/27136\/","title":{"rendered":"News of the day: Canada GDP, Ontario nuclear reactor, Whitecap earnings, tax instalments, economists&#8217; reaction and more"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">It\u2019s Thursday, April 30. Here are the top stories we\u2019re following today.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/economy\/canadas-gdp-rises-0-2-as-manufacturing-sector-regains-momentum\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Canada\u2019s GDP rises 0.2% as manufacturing sector regains momentum;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Canada\u2019s GDP rises 0.2% as manufacturing sector regains momentum&quot;}\" class=\"link \">Canada\u2019s GDP rises 0.2% as manufacturing sector regains momentum<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Canada\u2019s gross domestic product edged up by 0.2 per cent in February and preliminary figures suggest the economy grew in the first quarter, reversing a contraction that ended 2025. The new data, released by Statistics Canada on Thursday, showed February\u2019s growth was primarily driven by goods-producing industries, which expanded by 0.4 per cent.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/economy\/canadas-gdp-rises-0-2-as-manufacturing-sector-regains-momentum\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img fetchpriority=\"high\" decoding=\"async\" src=\"https:\/\/www.europesays.com\/canada\/wp-content\/uploads\/2026\/05\/7edee45f64c88d4abbda8d92c5ecce52.jpeg\" alt=\" Ontario Minister of Energy and Mines Stephen Lecce speaks at the Prospectors and Developers Association of Canada conference at Toronto\u2019s Metro Toronto Convention Centre on March 3.\" loading=\"eager\" height=\"720\" width=\"960\" class=\"yf-lglytj  loaded\"\/>  Ontario Minister of Energy and Mines Stephen Lecce speaks at the Prospectors and Developers Association of Canada conference at Toronto\u2019s Metro Toronto Convention Centre on March 3.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/commodities\/ontario-first-new-nuclear-reactor-decades\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Ontario lays foundation for first new nuclear reactor in decades;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Ontario lays foundation for first new nuclear reactor in decades&quot;}\" class=\"link \">Ontario lays foundation for first new nuclear reactor in decades<\/a><\/p>\n<p class=\"yf-1fy9kyt\">A heavy-duty crane on the north shore of Lake Ontario earlier this month picked up a 2.1 million-pound object resembling a giant bottle cap and laid it at the bottom of a 35-metre shaft to form the foundation of the province\u2019s first new nuclear reactor in decades.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/commodities\/ontario-first-new-nuclear-reactor-decades\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" Grant Fagerheim, chief executive of Whitecap Resources Inc., in his Calgary office on March 31.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  Grant Fagerheim, chief executive of Whitecap Resources Inc., in his Calgary office on March 31.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/commodities\/energy\/whitecap-cash-flow-surges-profit-falls-hedging-losses\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Whitecap\u2019s cash flow almost doubles, but profit falls on hedging losses;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Whitecap\u2019s cash flow almost doubles, but profit falls on hedging losses&quot;}\" class=\"link \">Whitecap\u2019s cash flow almost doubles, but profit falls on hedging losses<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Whitecap Resources Inc.\u2018s first-quarter cash flow surged on higher production, though the light oil producer\u2019s profit fell sharply due to a large accounting loss on hedging contracts.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/commodities\/energy\/whitecap-cash-flow-surges-profit-falls-hedging-losses\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" There are three options to determine how much you need to pay each quarter: the no-calculation option, the prior-year option and the current-year option.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  There are three options to determine how much you need to pay each quarter: the no-calculation option, the prior-year option and the current-year option.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/personal-finance\/tax-instalments-cra\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Here\u2019s how and when you have to pay tax in instalments to the CRA;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Here\u2019s how and when you have to pay tax in instalments to the CRA&quot;}\" class=\"link \">Here\u2019s how and when you have to pay tax in instalments to the CRA<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Tax instalments are required if your balance is more than $3,000 and was more than $3,000 in either 2025 or 2024, writes Jamie Golombek.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/personal-finance\/tax-instalments-cra\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n<p>       <img decoding=\"async\" src=\"data:image\/gif;base64,R0lGODlhAQABAIAAAAAAAP\/\/\/ywAAAAAAQABAAACAUwAOw==\" alt=\" Canada\u2019s auto sector is down 6.8 per since from February 2025.\" loading=\"lazy\" height=\"720\" width=\"960\" class=\"yf-lglytj loader\"\/>  Canada\u2019s auto sector is down 6.8 per since from February 2025.      <\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/economy\/canada-manufacturing-rebound-head-fake-warn-economists\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Factory rebound could be head fake, warn economists who say Canada is losing ground to tariffs;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Factory rebound could be head fake, warn economists who say Canada is losing ground to tariffs&quot;}\" class=\"link \">Factory rebound could be head fake, warn economists who say Canada is losing ground to tariffs<\/a><\/p>\n<p class=\"yf-1fy9kyt\">Canada\u2019s economy expanded 0.2 per cent in February, but growth looks set to tail off in March to close out the first quarter, giving the Bank of Canada a reason to keep interest rates steady for now, economists say.<\/p>\n<p class=\"yf-1fy9kyt\"><a href=\"https:\/\/financialpost.com\/news\/economy\/canada-manufacturing-rebound-head-fake-warn-economists\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Read the story;elm:context_link;itc:0;sec:content-canvas\" data-yga=\"{&quot;yLinkElement&quot;:&quot;context_link&quot;,&quot;yModuleName&quot;:&quot;content-canvas&quot;,&quot;yLinkText&quot;:&quot;Read the story&quot;}\" class=\"link \">Read the story<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"It\u2019s Thursday, April 30. Here are the top stories we\u2019re following today. Canada\u2019s GDP rises 0.2% as manufacturing&hellip;\n","protected":false},"author":2,"featured_media":27137,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[17,13009,1672],"class_list":{"0":"post-27136","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-canada","8":"tag-canada","9":"tag-lake-ontario","10":"tag-statistics-canada"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/27136","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=27136"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/27136\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/27137"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=27136"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=27136"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=27136"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}