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Economy, Law & Politics

Surge in newcomers putting pressure on inflation via housing demand: BoC official

Surge in newcomers putting pressure on inflation via housing demand: BoC official

OTTAWA — The recent surge in newcomers is adding to inflation through housing demand, a senior Bank of Canada official said Thursday, warning rental and home prices could continue to rise without a boost to housing supply.
Will Ottawa's new emissions cap constrain B.C.'s LNG sector?

Will Ottawa's new emissions cap constrain B.C.'s LNG sector?

It's unclear to what degree federal cap would align with provincial one
Affluence increasingly important to Canadians amid high inflation, says poll

Affluence increasingly important to Canadians amid high inflation, says poll

Feelings about religion stagnant, but 62 per cent of men say affluence is important to their lives.
Holiday budget planning should include more than gifts you're planning on giving

Holiday budget planning should include more than gifts you're planning on giving

OTTAWA — A holiday spending plan is always a good idea, but as inflation pushes the cost of everything up and higher interest rates squeeze households, a budget is more important than ever.
2024 to bring slower food inflation as prices continue to moderate: report

2024 to bring slower food inflation as prices continue to moderate: report

Food prices will keep rising in 2024, though at a slower pace, according to the latest Food Price Report.
NDP government hiding cost of taxpayer-funded defence of Horgan’s 2020 snap election call

NDP government hiding cost of taxpayer-funded defence of Horgan’s 2020 snap election call

The B.C. government sent two lawyers to a two-day B.C. Supreme Court hearing in May 2022. A third lawyer was added for the one-day appeal hearing in October of this year.  
B.C. insider trading and consultant case hearing drags into sixth year

B.C. insider trading and consultant case hearing drags into sixth year

Anthony Jackson of BridgeMark Financial Corp. successfully sought a further delay to a B.C. Securities Commission hearing wherein executive director Peter Brady alleges he committed illegal insider trading and transactions contrary to the public interest.
Political shift underway in B.C., says confident Conservative Leader John Rustad

Political shift underway in B.C., says confident Conservative Leader John Rustad

VICTORIA — Premier David Eby and Opposition BC United Leader Kevin Falcon are looking over their shoulders at the political gains being made by the new kid on the block, says British Columbia Conservative Leader John Rustad.
Vancouver park commissioners split on mayor's move to abolish board

Vancouver park commissioners split on mayor's move to abolish board

Commissioner Brennan Bastyovanszky: "It's a bad thing for the city — it's an erosion of democracy."
BoC holds key interest rate steady as speculation shifts to timing of rate cuts

BoC holds key interest rate steady as speculation shifts to timing of rate cuts

OTTAWA — The Bank of Canada ended the year with another interest rate hold as the economy slows and forecasters speculate on the timing of rate cuts in 2024.