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Economy, Law & Politics

Justin Trudeau taking the time to reflect following Freeland departure

Justin Trudeau taking the time to reflect following Freeland departure

OTTAWA — Prime Minister Justin Trudeau is taking some time to reflect after Chrystia Freeland's bombshell resignation as finance minister, Energy Minister Jonathan Wilkinson said Tuesday.
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Most of Metro Vancouver’s key infrastructure projects delayed, over budget

Most of Metro Vancouver’s key infrastructure projects delayed, over budget

Year In Review: Significant work continues on critical regional transportation, wastewater projects
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Tories call for House hearings on U.S. tariff threat amid Liberal tumult

Tories call for House hearings on U.S. tariff threat amid Liberal tumult

OTTAWA — The Conservatives are calling for Parliament to hold hearings in January on Canada-U.S.
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B.C.'s projected deficit grows again to $9.4 billion in latest fiscal update

B.C.'s projected deficit grows again to $9.4 billion in latest fiscal update

British Columbia's new finance minister said she is "realistic" about the economic challenges facing the province after announcing this year's record deficit is projected to reach $9.4 billion.
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Loonie drops below 70 cents US, S&P/TSX composite down as U.S. markets also fall

Loonie drops below 70 cents US, S&P/TSX composite down as U.S. markets also fall

TORONTO — The loonie fell below 70 cents US on Tuesday after the latest reading on inflation dropped below two per cent. The Canadian dollar traded for 69.91 cents US compared with 70.
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Canadians return to Canada Post with relief — and shakier faith in the service

Canadians return to Canada Post with relief — and shakier faith in the service

MONTREAL — Canada Post trucks, conveyors and mail carriers swung back into motion Tuesday after a month-long strike by more than 55,000 postal workers left letters and parcels in limbo and a massive backlog to sort through.
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Stock market today: Wall Street trims its stellar gains as Nvidia's star dims again

Stock market today: Wall Street trims its stellar gains as Nvidia's star dims again

NEW YORK (AP) — U.S. stock indexes closed lower and gave back some of their stellar gains for the year. The S&P 500 fell 0.4% Tuesday, though it’s still near its all-time high set earlier this month. The Dow Jones Industrial Average fell 0.
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Canada’s inflation rate down a tick to 1.9% in November

Canada’s inflation rate down a tick to 1.9% in November

Canada's annual inflation rate remained stable in November, coming in a touch below the Bank of Canada's two per cent target, though economists anticipate some volatility in the months ahead.
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B.C. inflation outpaces national rate in November despite cooling trend

B.C. inflation outpaces national rate in November despite cooling trend

Consumer Price Index ticked downward slightly for both Canada and the West Coast, says StatCan
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Federal banking regulator OSFI keeps domestic stability buffer on hold at 3.5%

Federal banking regulator OSFI keeps domestic stability buffer on hold at 3.5%

OTTAWA — The federal banking regulator says the amount of money Canada's big banks must keep on hand in case of economic shock will stay at its current level.
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