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Economy, Law & Politics

S&P/TSX composite up Friday, U.S. stock markets also rise

S&P/TSX composite up Friday, U.S. stock markets also rise

TORONTO — Canada's main stock index rose Friday, helped by strength in industrial stocks, while U.S. markets also posted gains to end the week. The S&P/TSX composite index closed up 53.60 points at 25,444.28.
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The winners and losers of the Liberals' holiday tax break and cash giveaway

The winners and losers of the Liberals' holiday tax break and cash giveaway

OTTAWA — The Liberal government is pulling out the federal wallet to put more money into people's pockets over the holidays, but its recently announced affordability measures create winners and losers.
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Stock market today: Wall Street gains ground as it notches a winning week and another Dow record

Stock market today: Wall Street gains ground as it notches a winning week and another Dow record

Stocks closed higher on Wall Street, giving the market its fifth gain in a row and notching another record high for the Dow Jones Industrial Average. The S&P 500 rose 0.3% Friday. The Dow added 1%, and the Nasdaq composite tacked on 0.2%.
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Bitcoin ticks closer to $100,000 in extended surge following US elections

Bitcoin ticks closer to $100,000 in extended surge following US elections

NEW YORK (AP) — Bitcoin extended its streak of record highs after ticking above $99,000 for the first time. The cryptocurrency has rocketed more than 40% in just two weeks.
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Canada Post quarterly loss tops $300M as strike hits second week — and rivals step in

Canada Post quarterly loss tops $300M as strike hits second week — and rivals step in

MONTREAL — Canada Post saw hundreds of millions of dollars drain out of its coffers last quarter, due largely to its dwindling share of the parcels market — while an ongoing strike continues to batter its bottom line.
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Rob Shaw: B.C.'s Ministry of Air pulls a vanishing act on addiction crisis

Rob Shaw: B.C.'s Ministry of Air pulls a vanishing act on addiction crisis

Premier David Eby quietly dismantles a ministry that never delivered on its original mission
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Opinion: Canadian productivity fell behind, but better policy can help us

Opinion: Canadian productivity fell behind, but better policy can help us

How smart investment and regulatory reform can boost economy
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B.C. mushroom farm fined $152,000 for lack of first-aid attendant on site

B.C. mushroom farm fined $152,000 for lack of first-aid attendant on site

WorkSafeBC says Highline Mushrooms West Limited has repeatedly failed to ensure proper first aid on its site in Abbotsford.
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Editorial: Questions about the impact of Trump's victory on Canada

Editorial: Questions about the impact of Trump's victory on Canada

The Republicans hold only a three-seat majority in the Senate, and perhaps a four- or five-seat majority in the House ofRepresentatives.
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Next U.S. ambassador Hoekstra 'easier to do business' with: former envoy

Next U.S. ambassador Hoekstra 'easier to do business' with: former envoy

OTTAWA — Foreign Affairs Minister Mélanie Joly welcomed president-elect Donald Trump's pick for the next U.S. ambassador in Ottawa, a former longtime Michigan congressional representative who voted for NAFTA and later wavered on new free trade deals.
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