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Federal government posts $43 billion deficit between April '24 and March

Federal government posts $43 billion deficit between April '24 and March

OTTAWA — The federal government says it ran a budgetary deficit of $43.2 billion between April 2024 and this past March. The deficit compared with $50.9 billion for the same stretch in the 2023-2024 fiscal year.
Ottawa tabling bill to skirt impact assessment law for 'national interest' projects

Ottawa tabling bill to skirt impact assessment law for 'national interest' projects

OTTAWA — The federal government is developing a "national interest" bill to fast-track nation-building projects with a streamlined regulatory approval process as a substitute for reviews under the Impact Assessment Act.
As allies turn on B.C. NDP, house leader Farnworth celebrates 'great session'

As allies turn on B.C. NDP, house leader Farnworth celebrates 'great session'

VICTORIA — Can a government have a "great session" if its flagship legislation draws condemnation from a coalition of historical allies? B.C.
Trump's 'Liberation Day' tariffs back on after appeals court decision

Trump's 'Liberation Day' tariffs back on after appeals court decision

OTTAWA — U.S. President Donald Trump's tariffs are still hitting most countries around the world after a federal appeals court temporarily paused a decision from the U.S. Court of International Trade.
B.C. housing minister says STR rules won’t be loosened after industry petition

B.C. housing minister says STR rules won’t be loosened after industry petition

Realtor association calls for changes, but Ravi Kahlon says long-term supply is government's priority
Provinces 'hold the key' to unlocking homebuilding, new report argues

Provinces 'hold the key' to unlocking homebuilding, new report argues

OTTAWA — While the federal government and cities across Canada are making strides on expanding the housing supply, the provinces still need to get serious about building quality homes, a new report released Thursday argues.
Failed B.C.-Alberta transmission line holds lessons for a national grid

Failed B.C.-Alberta transmission line holds lessons for a national grid

The cross-border intertie has never met capacity, offering lessons on what stands in the way of the Prime Minister Mark Carney's plan for an east-to-west grid
Bill fast-tracking infrastructure projects passes as Speaker Raj Chouhan breaks tie

Bill fast-tracking infrastructure projects passes as Speaker Raj Chouhan breaks tie

VICTORIA — A controversial bill in British Columbia responding to American tariffs has passed with Speaker Raj Chouhan casting the deciding vote Wednesday evening.
Geopolitical tensions clouding Vancouver office market outlook, says expert

Geopolitical tensions clouding Vancouver office market outlook, says expert

Office leasing rebounds in early 2025, but rising costs and global tensions could stall momentum heading into summer
Rob Shaw: NDP digs into BC Liberal playbook for 'phantom savings' budget

Rob Shaw: NDP digs into BC Liberal playbook for 'phantom savings' budget

Finance Minister Brenda Bailey borrows from 2009-era accounting tactics to patch holes in a $10.9B deficit