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Economy, Law & Politics

B.C. finance minister describes Tuesday's budget as nothing 'splashy and new'

B.C. finance minister describes Tuesday's budget as nothing 'splashy and new'

VICTORIA — British Columbia cannot continue to accumulate debt and will "be in trouble" if the province doesn't work toward a balanced budget, its finance minister told a group of business people the day after forecasting another record deficit.
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S&P/TSX composite climbs, U.S. markets rise after news of auto sector tariff delay

S&P/TSX composite climbs, U.S. markets rise after news of auto sector tariff delay

TORONTO — Canada's main stock index rose Wednesday, led by base metals, industrials and technology, while U.S. markets also gained in the afternoon after news that automakers will get a month-long tariff exemption, one day after the U.S.
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Stock market today: Wall Street rallies after Trump pulls back on some of his tariffs

Stock market today: Wall Street rallies after Trump pulls back on some of his tariffs

NEW YORK (AP) — U.S. stocks rallied after President Donald Trump pulled back on some of his tariffs, raising hopes he may avoid a worst-case trade war that grinds down economies and sends inflation higher. The S&P 500 rose 1.
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Bettman says trade war between Canada, U.S. could cause 'pain' for NHL

Bettman says trade war between Canada, U.S. could cause 'pain' for NHL

NHL commissioner Gary Bettman says any negative effects on the Canadian dollar caused by the Trump administration's tariffs could be "painful" for the league.
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Rob Shaw: Blaming Trump won’t fix B.C.’s budget mess

Rob Shaw: Blaming Trump won’t fix B.C.’s budget mess

The largest deficit in provincial history delivers little beyond the status quo
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Ottawa moves to block 'predatory' investments as tariff war continues

Ottawa moves to block 'predatory' investments as tariff war continues

OTTAWA — Canada's industry minister is looking to block what he calls "predatory investment behaviour" as a trade war with the United States continues.
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Bryan Yu: New listings flooded B.C. market in January, as provincial CPI fell

Bryan Yu: New listings flooded B.C. market in January, as provincial CPI fell

Housing and fuel keep inflation elevated despite lower food and service price growth
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Les Leyne: Tariffs will ravage red-ink budget

Les Leyne: Tariffs will ravage red-ink budget

When tariffs slammed into place Tuesday, the immediate impact was to shred most of the forecasts in the budget before it was even introduced
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Tariffs spark Canadian calls for cross-country electrification

Tariffs spark Canadian calls for cross-country electrification

'Now is the time' to build out national electricity grid, says executive director of Pembina Institute.
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Trudeau says the U.S. launched a 'very dumb' trade war and Canada is fighting back

Trudeau says the U.S. launched a 'very dumb' trade war and Canada is fighting back

OTTAWA — U.S. President Donald Trump remained resolute about using tariffs to fill America's coffers hours after starting a North American trade war that rattled markets and was described by Canadian Prime Minister Justin Trudeau as "very dumb.
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