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Economy, Law & Politics

Two B.C. credit unions explore potential merger

Two B.C. credit unions explore potential merger

Deal would give First Credit Union members access to Vancity’s 50-plus branches
Canada Post, union to return to negotiations Saturday

Canada Post, union to return to negotiations Saturday

The two sides will be negotiating with the help of a mediator for two days.
Anand meets with provincial counterparts to discuss boosting interprovincial trade

Anand meets with provincial counterparts to discuss boosting interprovincial trade

OTTAWA — Transport and Internal Trade Minister Anita Anand said Friday she wants to boost internal trade by getting the provinces to recognize out-of-province labour certifications and regulations.
S&P/TSX composite gains one per cent, U.S. stock markets also rally

S&P/TSX composite gains one per cent, U.S. stock markets also rally

TORONTO — Canada's main stock index gained more than one per cent Friday, led by strength in financial and industrial stocks, while U.S. markets also rallied in the latter half of the afternoon. The S&P 500 and the Nasdaq each gained 1.
Fractures deepen as Metro Vancouver faces governance review

Fractures deepen as Metro Vancouver faces governance review

As regional government sets to increase its portion of property tax bills by 25%, the board of directors has agreed to an external governance review amid much tension
Stock market today: Wall Street rallies to make its dreary February not quite as bad

Stock market today: Wall Street rallies to make its dreary February not quite as bad

NEW YORK (AP) — Wall Street closed its dreary February on a brighter note, as U.S. stock indexes rallied. The S&P 500 jumped 1.6% Friday to trim its loss for the month, enough to make it the worst since only December instead of since April.
Former B.C. deputy finance minister to lead audit of North Shore sewage plant

Former B.C. deputy finance minister to lead audit of North Shore sewage plant

Peter Milburn has led previous audits of the Site C Dam and Vancouver School Board
Canada's economy heated up heading into 2025 — now comes Trump

Canada's economy heated up heading into 2025 — now comes Trump

OTTAWA — Canada's economy was heating up heading into 2025, but the return of U.S. President Donald Trump to the White House threatens to snuff out those burgeoning flames. Statistics Canada reported Friday that real gross domestic product rose 2.
B.C. man banned from capital markets for role in massive U.S. fraud scheme

B.C. man banned from capital markets for role in massive U.S. fraud scheme

Amar Bahadoorsingh was ordered to pay the U.S. SEC $1.4 million after being found liable for stock fraud after partnering with a Vancouver network of fraudsters
Ottawa posts $21.7 billion deficit for April-to-December period

Ottawa posts $21.7 billion deficit for April-to-December period

OTTAWA — The federal government posted a budgetary deficit of $21.7 billion for the April-to-December period of its 2024-25 fiscal year. The result compared with a deficit of $23.6 billion for the same period a year earlier.