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Economy, Law & Politics

National Bank receives Competition Bureau clearance for deal to buy CWB

National Bank receives Competition Bureau clearance for deal to buy CWB

MONTREAL — National Bank of Canada has cleared a key regulatory hurdle in its proposed acquisition of Canadian Western Bank. The Montreal-based bank said Thursday it has received the Competition Bureau's clearance for the deal.
Tempted to switch to an online-only bank? Know the perks and drawbacks

Tempted to switch to an online-only bank? Know the perks and drawbacks

Switching to an online-only bank more than a decade ago was just another way Jessica Morgan was trying to save money at the time as a new grad. "Saving money was the main motivator," Morgan, now a financial educator and founder of Canadianbudget.
B.C. NDP pledges to help middle-income homebuyers with 40% of financing

B.C. NDP pledges to help middle-income homebuyers with 40% of financing

SURREY, B.C. — New Democrat Leader David Eby says he will help more middle-class, first-time buyers into the housing market in British Columbia with a plan to finance 40 per cent of the price.
Liberal government survives non-confidence vote, as Bloc sets deadline

Liberal government survives non-confidence vote, as Bloc sets deadline

OTTAWA — The minority Liberal government survived a non-confidence vote in the House of Commons on Wednesday, but if the prime minister wants to avoid an election before Christmas the Bloc Québécois said he will have to meet its demands by the end of
Stock market today: Wall Street edges back from its record highs

Stock market today: Wall Street edges back from its record highs

NEW YORK (AP) — U.S. stocks edged back from their records as financial markets around the world take a pause following big recent moves. The S&P 500 fell 0.2% Wednesday, a day after setting its latest all-time high.
Indigenous equity ownership saw momentum in 2024, but still more work to do

Indigenous equity ownership saw momentum in 2024, but still more work to do

When electric utility BC Hydro launched a procurement process earlier this year seeking new sources of clean energy for the province's power grid, it included a specific requirement: projects must be at least 25 per cent owned by First Nati
Population growth slows for first time since pandemic as feds clamp down: StatCan

Population growth slows for first time since pandemic as feds clamp down: StatCan

OTTAWA — Population growth in Canada slowed slightly in the last quarter of the year as the government made efforts to reduce temporary migration into the country, Statistics Canada revealed Wednesday.
Public safety paramount for B.C. businesses during election

Public safety paramount for B.C. businesses during election

Anxiety persists as owners watch to see how parties tackle ongoing vandalism and harm
B.C. residents blame addiction and mental health for public safety decline, says survey

B.C. residents blame addiction and mental health for public safety decline, says survey

Residents reveal overwhelming support for involuntary treatment and stricter crime measures
Picket lines go up in 'high leverage' strike at six Metro Vancouver grain terminals

Picket lines go up in 'high leverage' strike at six Metro Vancouver grain terminals

VANCOUVER — Grain terminal workers picked a "high leverage moment" to go on strike in Metro Vancouver as farmers in Western Canada have an abundance of product to move for export, a food economics and supply chain expert says.