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Economy, Law & Politics

Wall Street ticks higher after Oracle rallies

Wall Street ticks higher after Oracle rallies

NEW YORK (AP) — U.S. stocks drifted higher following another encouraging update on inflation. The S&P 500 added 0.4% Thursday and is sitting less than 2% below its record. The Dow Jones Industrial Average rose 0.
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Statistics Canada reports household debt-to-income ratio ticked higher in Q1

Statistics Canada reports household debt-to-income ratio ticked higher in Q1

OTTAWA — Statistics Canada says the amount Canadians owe relative to their income ticked higher in the first quarter as debt grew faster than income. The agency says the ratio of household credit market debt to disposable income rose to 173.
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Mario Canseco: Alberta separatist vote inches forward but most Canadians say no, according to poll

Mario Canseco: Alberta separatist vote inches forward but most Canadians say no, according to poll

Research Co. survey finds most would deny separation, yet many expect U.S. to get involved
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No U.S. Costco trips or India vacation for B.C. tax cheat on house arrest

No U.S. Costco trips or India vacation for B.C. tax cheat on house arrest

Balkar Singh Bhullar of Richmond failed to report almost $7.5M in income and was fined $2.1M
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S&P/TSX composite up almost 100 points to record high, U.S. stock markets dip

S&P/TSX composite up almost 100 points to record high, U.S. stock markets dip

TORONTO — Canada's main stock index pushed to a record high Wednesday as the price of oil spiked, while U.S. markets closed down despite trading higher earlier in the day and inflation data coming in lower than expected.
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Major projects will be slowed by court challenges if rights are violated: B.C. chief

Major projects will be slowed by court challenges if rights are violated: B.C. chief

OTTAWA — The regional chief for British Columbia said Wednesday that governments should not speed up major projects at the expense of First Nations rights — and warned that projects will be slowed down by court challenges if First Nations are not con
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NDP leader says Carney needs to keep Parliament in the loop on trade talks

NDP leader says Carney needs to keep Parliament in the loop on trade talks

OTTAWA — Interim NDP Leader Don Davies is accusing Prime Minister Mark Carney of not being transparent about negotiations with the U.S. on getting President Donald Trump's tariffs lifted.
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Wall Street's rally stalls as US stocks post their 1st loss in 4 days

Wall Street's rally stalls as US stocks post their 1st loss in 4 days

NEW YORK (AP) — Wall Street’s rally stalled after stocks climbed back within 2% of their all-time high. The S&P 500 slipped 0.3% Wednesday, marking its first drop in four days.
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Bryan Yu: B.C. businesses show signs of life but economic chill persists

Bryan Yu: B.C. businesses show signs of life but economic chill persists

Confidence levels remain well below normal as trade-reliant firms struggle with tariffs, labour shortages and rising costs
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Ottawa moves to prop up youth employment in a rough summer jobs market

Ottawa moves to prop up youth employment in a rough summer jobs market

The last time the jobless rate for students was this high outside the pandemic was in May 2009.
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