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The Fed, if it keeps hiking rates, will cause a recession: Ex-Trump economic advisor Stephen Moore

>"The only thing that really worries me about the economy right now is what the Fed is doing," says the "Trumponomics" co-author.

>"The Fed is what's going to put us in the next recession if they keep raising rates," Stephen Moore says.

>The Fed is expected to raise interest rates again next week. But the market is now putting low odds on any hikes next year.

https://www.cnbc .com/amp/2018/12/10/fed-if-it-keeps-hiking-rates-will-cause-a-recession-stephen-moore.html

CRA deploys new weapons against tax evasion: Freezing assets, seizing property

For the first time, the agency has used proceeds-of-crime provisions in the law to freeze the assets of individuals charged with tax evasion.

Up to now, those provisions have been used only in cases involving suspected terrorist financing or money laundering.

"That is a tool that we have not used in the past," said Stéphane Bonin of CRA's criminal investigations division.

"I can say that this is indeed the first time, but I can promise you that this is not the last time that we [will use] those provisions of the Criminal Code to restrain or seize assets that tax evaders have acquired through their illegal behaviours."

https://www.cbc .ca/news/politics/tax-evasion-proceeds-of-crime-1.4937176