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Economy, Law & Politics

Unionized Canada Post workers to vote on deal starting July 21

Unionized Canada Post workers to vote on deal starting July 21

OTTAWA — Unionized Canada Post workers will get a chance to vote directly on the employer's offers for a new collective agreement starting on Monday. The Canada Industrial Relations Board will run the vote between July 21 and Aug. 1.
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S&P/TSX composite nearly 100 points higher, U.S. markets also rise

S&P/TSX composite nearly 100 points higher, U.S. markets also rise

TORONTO — Canada's main stock index was up nearly 100 points to finish trading on Wednesday, helped by gains in the tech sector, while U.S. markets also rose following a broad reversal. The S&P/TSX composite index was up 98.83 points at 27,152.
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Stocks bounce back after Trump says it's 'unlikely' he'll try to fire Fed chair Powell

Stocks bounce back after Trump says it's 'unlikely' he'll try to fire Fed chair Powell

NEW YORK (AP) — President Donald Trump sent the U.S. stock market on a jagged round trip after saying he had “talked about the concept of firing” the head of the Federal Reserve. The S&P 500 added 0.
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Statistics Canada says income gap hit record high in first quarter

Statistics Canada says income gap hit record high in first quarter

OTTAWA — The income gap between the country's highest and lowest income households reached a record high in the first quarter of 2025, Statistics Canada said Wednesday.
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Rob Shaw: NDP dodges accountability in B.C. woman's killing after provincial policies ignored

Rob Shaw: NDP dodges accountability in B.C. woman's killing after provincial policies ignored

The province is brushing off questions over Bailey McCourt’s fatal attack after B.C. prosecutors overlooked rules meant to prevent domestic killings
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Opinion: B.C. debt surges faster under Eby than any premier in half a century

Opinion: B.C. debt surges faster under Eby than any premier in half a century

A new analysis finds province’s per-person debt has jumped 44% in just two years
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S&P/TSX composite down amid fresh inflation data in Canada and the U.S.

S&P/TSX composite down amid fresh inflation data in Canada and the U.S.

TORONTO — Canada's main stock index fell more than 140 points to finish trading Tuesday, while U.S. stock markets were mixed as investors saw fresh inflation data from both countries. The S&P/TSX composite index was down 144.71 points at 27,054.
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Most US stocks slump, but Nvidia nudges Nasdaq to another record

Most US stocks slump, but Nvidia nudges Nasdaq to another record

NEW YORK (AP) — Most U.S. stocks fell after an update on inflation hurt Wall Street’s hopes for lower interest rates. The S&P 500 fell 0.4% Tuesday, and the Dow Jones Industrial Average lost 1%.
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Stubborn core inflation in June likely cements calls for Bank of Canada rate hold

Stubborn core inflation in June likely cements calls for Bank of Canada rate hold

OTTAWA — Underlying inflation remained stubbornly hot in June, leading financial markets and many economists to firm up calls for a third straight interest rate hold from the Bank of Canada later this month.
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Little evidence to suggest a U.S. trade deal can be reached without tariffs: Carney

Little evidence to suggest a U.S. trade deal can be reached without tariffs: Carney

OTTAWA — A trade deal with the United States will likely include some tariffs, Prime Minister Mark Carney indicated on Tuesday ahead of a meeting with his cabinet. Carney told reporters he expects the trade talks with the U.S.
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