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Economy, Law & Politics
Economy, Law & Politics
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.
Dec 9, 2024 1:56 PM
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'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.
Dec 9, 2024 1:55 PM
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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.
Dec 9, 2024 1:05 PM
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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.
Dec 9, 2024 12:08 PM
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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.
Dec 9, 2024 12:01 PM
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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.
Dec 9, 2024 10:04 AM
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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
Dec 9, 2024 8:58 AM
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Rob Shaw: Leaked letter exposes internal rifts in rookie Conservative caucus
John Rustad’s leadership faces early trial as 13 MLAs spar over cancel culture and public accountability
Dec 9, 2024 8:16 AM
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Five things to watch for in the Canadian business world in the coming week
TORONTO — Five things to watch for in the Canadian business world in the coming week: Postal strike The strike by some 55,000 workers at Canada Post is in its fourth week.
Dec 9, 2024 7:00 AM
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Opinion: Can B.C.'s new finance minister reverse the debt spiral?
Taxing British Columbians unlikely to resolve fiscal woes
Dec 6, 2024 4:00 PM
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