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Economy, Law & Politics

S&P/TSX composite up almost 100 points to record high, U.S. stock markets dip

S&P/TSX composite up almost 100 points to record high, U.S. stock markets dip

TORONTO — Canada's main stock index pushed to a record high Wednesday as the price of oil spiked, while U.S. markets closed down despite trading higher earlier in the day and inflation data coming in lower than expected.
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Major projects will be slowed by court challenges if rights are violated: B.C. chief

Major projects will be slowed by court challenges if rights are violated: B.C. chief

OTTAWA — The regional chief for British Columbia said Wednesday that governments should not speed up major projects at the expense of First Nations rights — and warned that projects will be slowed down by court challenges if First Nations are not con
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NDP leader says Carney needs to keep Parliament in the loop on trade talks

NDP leader says Carney needs to keep Parliament in the loop on trade talks

OTTAWA — Interim NDP Leader Don Davies is accusing Prime Minister Mark Carney of not being transparent about negotiations with the U.S. on getting President Donald Trump's tariffs lifted.
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Wall Street's rally stalls as US stocks post their 1st loss in 4 days

Wall Street's rally stalls as US stocks post their 1st loss in 4 days

NEW YORK (AP) — Wall Street’s rally stalled after stocks climbed back within 2% of their all-time high. The S&P 500 slipped 0.3% Wednesday, marking its first drop in four days.
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Vancouver braces for growing pains as countdown to FIFA World Cup begins

Vancouver braces for growing pains as countdown to FIFA World Cup begins

The hosting of seven games in Vancouver is expected to bring vast business opportunities, say industry leaders, but capacity and planning challenges remain
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Bryan Yu: B.C. businesses show signs of life but economic chill persists

Bryan Yu: B.C. businesses show signs of life but economic chill persists

Confidence levels remain well below normal as trade-reliant firms struggle with tariffs, labour shortages and rising costs
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Ottawa moves to prop up youth employment in a rough summer jobs market

Ottawa moves to prop up youth employment in a rough summer jobs market

The last time the jobless rate for students was this high outside the pandemic was in May 2009.
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Union says Canada Post won’t meet it ‘halfway’ on arbitration, prolonging deadlock

Union says Canada Post won’t meet it ‘halfway’ on arbitration, prolonging deadlock

OTTAWA — The union representing 55,000 postal employees says Canada Post is refusing to meet it "halfway" on arbitration, with talks stalled and the two sides still far apart.
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S&P/TSX composite rises on Tuesday, U.S. stocks also climb higher

S&P/TSX composite rises on Tuesday, U.S. stocks also climb higher

TORONTO — Canada's main stock index rallied Tuesday on the strength of battery metals and energy stocks, while U.S. stock markets also rose. Investors were sitting tight as the U.S.
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B.C.'s search for savings in health administration expands to regional health bodies

B.C.'s search for savings in health administration expands to regional health bodies

VICTORIA — A review of British Columbia's health-care system to cut unnecessary costs is expanding to its five regional health authorities. B.C.
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