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Economy, Law & Politics

Canadian Western Bank shares soar after National Bank tie-up announced

Canadian Western Bank shares soar after National Bank tie-up announced

Shares of Canadian Western Bank surged Wednesday on the news National Bank was buying it at a $5-billion valuation, while shares of other mid-sized banks also saw some gains as the acquisition trend continued. CWB shares closed up 68.
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Bank of Canada needs to rebuild public trust after inflation: governor Tiff Macklem

Bank of Canada needs to rebuild public trust after inflation: governor Tiff Macklem

MONTREAL — Public trust in the Bank of Canada has been dented by post-pandemic inflation and it needs to be rebuilt, governor Tiff Macklem said on Wednesday.
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Federal Court orders Amazon to turn over review, ratings docs to Competition Bureau

Federal Court orders Amazon to turn over review, ratings docs to Competition Bureau

A new court order is requiring Amazon to hand internal records related to its review and ratings programs over to Canada's competition watchdog.
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Rob Shaw: B.C. pushes for dedicated disaster force to fight wildfires, floods

Rob Shaw: B.C. pushes for dedicated disaster force to fight wildfires, floods

Military can't be Ottawa's go-to response during disasters, say officials
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Vancouver businesses struggle as Broadway subway construction extends

Vancouver businesses struggle as Broadway subway construction extends

Millions lost, no help: Broadway businesses plead for compensation or tax breaks as subway delays drag on.
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Data Points: B.C. retail sales drop as job vacancies retreat to pre-COVID levels

Data Points: B.C. retail sales drop as job vacancies retreat to pre-COVID levels

Even as sales slide, payroll growth points to labour market strength
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Trudeau heads to Italy as shadows of war in Ukraine, Gaza loom over G7 summit

Trudeau heads to Italy as shadows of war in Ukraine, Gaza loom over G7 summit

OTTAWA — Prime Minister Justin Trudeau is headed to Italy on Wednesday to attend the annual G7 leaders' summit, which is taking place as two major geopolitical conflicts weigh on the international community.
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More businesses give downtown a failing grade, but retail vacancy picture is improving: DVBA report

More businesses give downtown a failing grade, but retail vacancy picture is improving: DVBA report

Five per cent more business licences were issued in 2023 than in 2022, and the tourism, marine and technology sectors are thriving, says the annual report on downtown
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Conservatives oppose Liberal tax changes that include adjustment to capital gains tax

Conservatives oppose Liberal tax changes that include adjustment to capital gains tax

OTTAWA — A motion increasing the proportion of capital gains that are taxed in Canada easily passed the House of Commons Tuesday, as the governing Liberals and Conservatives traded barbs about whether it will harm the middle class or make the country
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ABC Vancouver votes to keep Ken Sim on Vancouver police board

ABC Vancouver votes to keep Ken Sim on Vancouver police board

Selection of mayor came despite challenge from Green Party's Pete Fry.
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