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Economy, Law & Politics

Vancity reports net loss in 2023 citing ‘unprecedented' economic period

Vancity reports net loss in 2023 citing ‘unprecedented' economic period

Vancity reports $1.3 million loss in 2023 financial results
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S&P/TSX composite nudges higher to new record close; commodity prices gain

S&P/TSX composite nudges higher to new record close; commodity prices gain

Canada's main stock index edged slightly higher to a new record close Monday, helped by commodity price gains that lifted the energy and mining sectors. The S&P/TSX composite index inched up 18.
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B.C. provincial and federal politicians receive pay raises

B.C. provincial and federal politicians receive pay raises

Pay raises come as most working-age Canadians stifled by inflationary cost-of-living pressures and unaffordable housing, notes Canadian Taxpayers' Federation.
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Baldrey: B.C.'s record of public budget overruns on new infrastructure

Baldrey: B.C.'s record of public budget overruns on new infrastructure

Here's why columnist Keith Baldrey is crossing his fingers on behalf of taxpayers that major projects in works can come in on budget.
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BC Conservative Party draws support from Pierre Poilievre supporters, poll shows

BC Conservative Party draws support from Pierre Poilievre supporters, poll shows

Despite enjoying much more financial support and official opposition status, new polling shows BC United (formerly BC Liberal Party) continues to be challenged in polls by the BC Conservatives.
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Interprovincial migration helps fuel tight Calgary housing market as inventory falls

Interprovincial migration helps fuel tight Calgary housing market as inventory falls

CALGARY — The Calgary Real Estate Board says March home sales were up 9.9 per cent from last year as interprovincial migration to Alberta contributed to tight market conditions.
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HSBC Canada branches reopening under RBC brand with takeover complete

HSBC Canada branches reopening under RBC brand with takeover complete

TORONTO — RBC is reopening HSBC Canada branches under its own brand on Monday after closing its takeover of the bank last week.
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Premiers making 'political hay' out of carbon pricing increase, Trudeau says

Premiers making 'political hay' out of carbon pricing increase, Trudeau says

OTTAWA — Prime Minister Justin Trudeau says premiers would rather complain and "make political hay" out of his federal carbon pricing program than present an alternative to reduce greenhouse gas emissions.
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B.C. residents to save money on energy bills with new credit

B.C. residents to save money on energy bills with new credit

The credit will start showing up after April 15.
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Firms, consumers more optimistic about economy amid expected rate cuts: BoC surveys

Firms, consumers more optimistic about economy amid expected rate cuts: BoC surveys

OTTAWA — The Bank of Canada says business and consumer sentiment improved during the first quarter of the year, despite higher interest rates still putting a drag on the economy.
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