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Economy, Law & Politics

Feds send $148 million to B.C. in disaster recovery funds for floods, wildfires

Feds send $148 million to B.C. in disaster recovery funds for floods, wildfires

B.C. saw more than 4,000 wildfires in two years.
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Trudeau says dealing with Trump will be 'a little more challenging' than last time

Trudeau says dealing with Trump will be 'a little more challenging' than last time

OTTAWA — Prime Minister Justin Trudeau said dealing with incoming president Donald Trump and his thundering on trade will be "a little more challenging" than the last time he was in the White House.
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Liberal government survives third Conservative non-confidence vote

Liberal government survives third Conservative non-confidence vote

There were jeers from the Conservative benches as NDP MPs cast their votes against the motion on Monday afternoon.
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S&P/TSX composite down Monday, U.S. markets also move lower

S&P/TSX composite down Monday, U.S. markets also move lower

TORONTO — Canada's main stock index moved lower Monday, led by losses in technology and utilities stocks, while U.S. stock markets were also down. The S&P/TSX composite index closed down 66.38 points at 25,625.42.
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'Infuriating': Wait times grow amid Canada Post strike as backlogs, frustration mount

'Infuriating': Wait times grow amid Canada Post strike as backlogs, frustration mount

It's been almost two weeks since Darren Solomon had a working fridge. The appliance's compressor conked out on Nov. 26 and he’s been waiting for a replacement part ever since.
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Stock market today: Nvidia drags Wall Street lower as oil and gold rise

Stock market today: Nvidia drags Wall Street lower as oil and gold rise

NEW YORK (AP) — A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records. The S&P 500 fell 0.6% Monday, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average fell 0.
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GST break would cost Ottawa $2.7B if provinces with HST asked for compensation

GST break would cost Ottawa $2.7B if provinces with HST asked for compensation

OTTAWA — The federal government's GST holiday would cost as much as $2.7 billion if provinces with a harmonized sales tax asked for compensation, the parliamentary budget officer said on Monday.
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BoC expected to lower interest rates again, with odds leaning toward larger cut

BoC expected to lower interest rates again, with odds leaning toward larger cut

OTTAWA — Financial markets and forecasters are betting on another jumbo interest rate cut from the Bank of Canada on Wednesday, which would bring its key rate down to 3.25 per cent.
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Finance minister says government's fiscal update coming Dec. 16

Finance minister says government's fiscal update coming Dec. 16

OTTAWA — Finance Minister Chrystia Freeland will publish the government's fall economic statement on Dec. 16, just before members of Parliament are expected to head home for the holidays.
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Small Business BC files for bankruptcy

Small Business BC files for bankruptcy

The non-profit society provided grants and services to businesses in B.C., with funding from two levels of government
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