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Economy, Law & Politics

More Canadians to feel pinch of high rates in 2024, making way for lower inflation

More Canadians to feel pinch of high rates in 2024, making way for lower inflation

OTTAWA — As another inflation-fighting year wraps up, the Bank of Canada's quest to restore price stability is expected to begin drawing to a close in 2024.
Is Canada's fleet of water bombers fit for climate-change fuelled wildfires?

Is Canada's fleet of water bombers fit for climate-change fuelled wildfires?

TORONTO — They're an easily recognizable part of Canada's fight against wildfires, playing a key supporting role in the annual battle against the flames.
B.C. fines RBC $2.2M for mortgage documentation failures

B.C. fines RBC $2.2M for mortgage documentation failures

Royal Bank of Canada faces third largest fine in B.C. for mortgage documention failures and signs undertaking to have its mortgage discharge process monitored for one year
B.C. government says stadium upgrades needed to bring in high-profile events

B.C. government says stadium upgrades needed to bring in high-profile events

VANCOUVER — British Columbia's provincial government is pitching repairs to B.C.
Foreign interference inquiry requests postponement of first report to May

Foreign interference inquiry requests postponement of first report to May

OTTAWA — A federal inquiry into foreign interference has asked to delay its first report by about two months in order to allow sufficient time for a public process and hearings on the issues.
Vancouver junior miner questions perks of former CEO

Vancouver junior miner questions perks of former CEO

Spanish Mountain says it will seek repayment of severance
Moneris says 'intermittent processing issues' resolved, apologizes for inconvenience

Moneris says 'intermittent processing issues' resolved, apologizes for inconvenience

TORONTO — Canadians getting in some last-minute Christmas shopping faced some troubles at the checkout counter. Payments processing company Moneris says it experienced intermittent issues that caused a "service degradation.
B.C. parcel-delivery company UniUni raises US$20M

B.C. parcel-delivery company UniUni raises US$20M

Fast-growing venture touts 'hundredfold' revenue growth in past few years
Newsmakers 2023: B.C. business stories that shaped the year

Newsmakers 2023: B.C. business stories that shaped the year

Some of the top stories that defined the B.C. economy in 2023
RBC's takeover of HSBC Canada means less competition on mortgage rates: expert

RBC's takeover of HSBC Canada means less competition on mortgage rates: expert

The rubberstamped sale of HSBC's Canadian operations to RBC will lessen competition onmortgage rates, says one analyst who touted the bank's key role in lowering borrowing costs through its presence in Canada.