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Economy, Law & Politics

Calm returns to Wall Street, and stocks bounce back after their worst drop in nearly 2 years

Calm returns to Wall Street, and stocks bounce back after their worst drop in nearly 2 years

NEW YORK (AP) — A rising tide swept stocks higher, and calm returned to Wall Street after Japan’s market soared earlier Tuesday to claw back much of the losses from its worst day since 1987 .
S&P/TSX composite catches up on Wall St. selloff while U.S. stocks rebound

S&P/TSX composite catches up on Wall St. selloff while U.S. stocks rebound

Canada's main stock index fell more than one per cent Tuesday as it played catch-up while U.S. stock markets regained some of the ground lost in a big plunge Monday when the Toronto market was closed.
Ottawa considers changes to reduce number of temporary foreign workers in Canada

Ottawa considers changes to reduce number of temporary foreign workers in Canada

OTTAWA — Employment Minister Randy Boissonnault says the federal government is considering new regulations that could make fewer employers eligible to hire temporary foreign workers.
Statistics Canada says country posted merchandise trade surplus for June

Statistics Canada says country posted merchandise trade surplus for June

OTTAWA — Statistics Canada says the country posted a merchandise trade surplus of $638 million in June as exports of crude oil and gold rose sharply. The agency says the result compared with a revised trade deficit of $1.6 billion in May.
Trudeau meets officials, evacuees following Jasper wildfire

Trudeau meets officials, evacuees following Jasper wildfire

HINTON, Alta. — Prime Minister Justin Trudeau visited Hinton, Alta., to get a briefing on the status of the Jasper wildfire, as well as meet with the province's premier and evacuees who fled the blaze that destroyed a third of the town.
Fair share agreements are paying off, but not for Prince George

Fair share agreements are paying off, but not for Prince George

The province recently committed $250 million to 21 northern B.C. communities
Water behind B.C. landslide is more likely to move over top than burst: minister

Water behind B.C. landslide is more likely to move over top than burst: minister

WILLIAMS LAKE, B.C.
Updated: Vancouver man accused in smartphone conspiracy scheme appeals for bail

Updated: Vancouver man accused in smartphone conspiracy scheme appeals for bail

Sky Global distributor Herdman was previously denied bail and lost his appeal, and remains in a French prison
Greater Vancouver Food Bank sues site inspector, alleging negligence

Greater Vancouver Food Bank sues site inspector, alleging negligence

Food bank says it suffered $118,588 in costs because of repairs to a sloped floor, and delays in using its new facility.
S&P/TSX composite plunges Friday as U.S. markets nosedive over jobs, tech woes

S&P/TSX composite plunges Friday as U.S. markets nosedive over jobs, tech woes

Shockwaves on Wall Street unleashed by jobs data out of the U.S. sent strong tremors north of the border Friday, as Canada’s main stock index shook over fears of a weakening U.S. economy and tech sector. The S&P/TSX composite index plunged 495.