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Trump signs executive order pushing tariffs on Canada to 35 per cent

Trump signs executive order pushing tariffs on Canada to 35 per cent

WASHINGTON — U.S. President Donald Trump has signed an executive order pushing tariffs on Canada to 35 per cent beginning on Friday, following through on a threat to raise duties if Ottawa didn't make a trade deal.
B.C. resort fined $70K for sewage violations near drinking well

B.C. resort fined $70K for sewage violations near drinking well

The resort north of Revelstoke, B.C., was penalized for sewage failures that risked drinking water and saved the facility tens of thousands of dollars, according to a recent decision.
Hudson's Bay gets permission to sell leases, extend creditor protection

Hudson's Bay gets permission to sell leases, extend creditor protection

TORONTO — Hudson’s Bay is set to shave off a sliver of its debt after getting court approval for two lease deals, but is still gearing up for a fight on a third lease agreement later this month.
Canada’s economy contracts in May even as some sectors rebound from tariffs

Canada’s economy contracts in May even as some sectors rebound from tariffs

OTTAWA — Canada's economy contracted for a second straight month in May even as some sectors held up in the face of U.S. tariffs. Real gross domestic product fell 0.1 per cent in May, Statistics Canada said Thursday, matching the decline in April.
Surge in new condos pushes Vancouver housing prices down overall, says brokerage

Surge in new condos pushes Vancouver housing prices down overall, says brokerage

Tariff uncertainty, lower immigration, investor retreat among factors, say experts
Tsawwassen condo proposal narrowly approved

Tsawwassen condo proposal narrowly approved

Three council members voted in opposition, questioning the OCP designation which had been approved a year earlier
Task force on horizon to speed up hotel development in capital region

Task force on horizon to speed up hotel development in capital region

Destination Greater Victoria says more hotel rooms are needed, noting June hotel occupancy was nearly 92%, a 7.4% increase over the same time last year.
Eby calls softwood lumber dispute "canary in the coal mine" of U.S. protectionism

Eby calls softwood lumber dispute "canary in the coal mine" of U.S. protectionism

VICTORIA — Premier David Eby says the federal government cannot forget about the fate of British Columbia's softwood lumber industry as the deadline for a trade deal between the United States and Canada is hours away. Aug.
Surrey moving to 'as-of-right' zoning

Surrey moving to 'as-of-right' zoning

The move is aimed at positioning the city to respond proactively to affordable housing needs, reduce regulatory barriers, as well as meet the HAF commitments
Bank of Canada holds key rate at 2.75% but opens door to future cuts

Bank of Canada holds key rate at 2.75% but opens door to future cuts

OTTAWA — The Bank of Canada left its policy rate unchanged Wednesday but said future cuts may be warranted as U.S. tariffs continue to cloud the outlook. The central bank’s policy rate remains at 2.75 per cent after a third consecutive hold.