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Economy, Law & Politics

S&P/TSX composite up, U.S. markets fall to kick off historically weak month

S&P/TSX composite up, U.S. markets fall to kick off historically weak month

TORONTO — Canada's main stock index finished higher on Tuesday, as gains in basic materials offset broader losses, while U.S. markets fell on the start of a historically weak month for equity markets.
US stocks sink under the weight of rising pressure from the bond market

US stocks sink under the weight of rising pressure from the bond market

NEW YORK (AP) — Wall Street fell under the weight of pressure from the bond market. The S&P 500 slipped 0.7% Tuesday. The Dow Jones Industrial Average lost 0.5%, and the Nasdaq composite dropped 0.8%.
B.C. public service staff launch picket lines after strike deadline expires

B.C. public service staff launch picket lines after strike deadline expires

Members of the union representing thousands of British Columbia public service workers set up picket lines Tuesday in what the union says is a "last resort" in its labour fight with the province.
Ottawa sets 100-day timeline to fix CRA call centre delays

Ottawa sets 100-day timeline to fix CRA call centre delays

OTTAWA — The federal finance minister said Tuesday he wants to address service delays at the Canada Revenue Agency within 100 days, even as Ottawa plans spending cuts across the public service.
City of Vancouver wants public input on 2026 budget priorities

City of Vancouver wants public input on 2026 budget priorities

This will be Mayor Ken Sim’s last budget round until civic elections in October 2026
BCGEU says some of its members will begin walking picket lines Tuesday

BCGEU says some of its members will begin walking picket lines Tuesday

VICTORIA — The British Columbia General Employees' Union says a portion of its members who work for the province's public service will begin walking picket lines Tuesday after the union issued 72-hour notice of a strike last week.
Tariffs hit Canada's economy, but consumer spending, B.C. housing hold up

Tariffs hit Canada's economy, but consumer spending, B.C. housing hold up

U.S. tariffs trigger Canadian economic contraction, but domestic spending and B.C. housing offer a buffer, a new Statistics Canada report has found
B.C. public sector workers approve strike, union gives 72-hour notice

B.C. public sector workers approve strike, union gives 72-hour notice

The BC General Employees' Union says provincial public sector workers have voted to approve strike action.
Canadian GDP shrinks in Q2 but economists aren't fretting a recession — yet

Canadian GDP shrinks in Q2 but economists aren't fretting a recession — yet

The central bank will be carefully parsing the latest GDP figures ahead of its next interest rate decision on Sept. 17.
Vandalism, theft pushing many B.C. small businesses to the brink

Vandalism, theft pushing many B.C. small businesses to the brink

One in five business owners says they may not survive the coming year if conditions don't improve