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Economy, Law & Politics

Washington mum on Canada's latest allegations against India, expulsion of diplomats

Washington mum on Canada's latest allegations against India, expulsion of diplomats

OTTAWA — American officials did not condemn India's response to explosive accusations that its government has been involved in an escalating number of violent crimes in Canada.
B.C. Conservatives plan $11B deficit in first year, higher than NDP or Greens

B.C. Conservatives plan $11B deficit in first year, higher than NDP or Greens

A costed policy platform delivered by the B.C.
Massive U.S. fine against TD Bank highlights relatively modest penalties in Canada

Massive U.S. fine against TD Bank highlights relatively modest penalties in Canada

TORONTO — The more than US$3-billion settlement TD Bank Group reached with U.S. regulators for its failures to oversee money laundering risks has underlined what some say are relatively weak enforcement efforts in Canada.
Oil plunge drags down S&P/TSX composite, as tech stocks also take a hit

Oil plunge drags down S&P/TSX composite, as tech stocks also take a hit

Falling energy prices tugged Canada’s main stock index downward on Tuesday as producers responded to developments in the Middle East and China. The S&P/TSX composite index dipped by 32.09 points to 24,439.08. The 4.
Stock market today: Wall Street falls from its records as oil prices tumble and tech stocks drop

Stock market today: Wall Street falls from its records as oil prices tumble and tech stocks drop

NEW YORK (AP) — U.S. stocks pulled back from their records as the price of crude oil tumbled again and technology stocks faltered. The S&P 500 fell 0.8% Thursday, a day after setting an all-time high for the 46th time this year.
Annual inflation falls to 1.6% in September, raises odds of 50-basis-point rate cut

Annual inflation falls to 1.6% in September, raises odds of 50-basis-point rate cut

OTTAWA — The chances of a half-percentage point interest rate cut by the Bank of Canada became more likely Tuesday after Statistics Canada reported annual inflation fell to 1.6 per cent in September.
Statistics Canada reports wholesale sales down in August

Statistics Canada reports wholesale sales down in August

OTTAWA — Statistics Canada says wholesale sales, excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain, fell 0.6 per cent to $81.9 billion in August.
Independents and party breakdowns making B.C. election hard to predict

Independents and party breakdowns making B.C. election hard to predict

Advance voting is already underway. General voting day is Oct. 19.
Stock market today: Wall Street gains ground and adds to its records

Stock market today: Wall Street gains ground and adds to its records

NEW YORK (AP) — U.S. stock indexes closed higher on Wall Street, adding to their all-time highs. The S&P 500 rose 0.8% Monday to build on its record set Friday. The Dow Jones Industrial Average came back from an early loss to add 0.
Opinion: A return to massive deficits will bring fiscal austerity to B.C.

Opinion: A return to massive deficits will bring fiscal austerity to B.C.

A return to chronic operating deficits is one factor behind the weakening of B.C.’s overall public finances