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Economy, Law & Politics

Federal government posts $3.9B deficit in April, May

Federal government posts $3.9B deficit in April, May

OTTAWA — The federal government posted a $3.9 billion deficit in the first two months of the fiscal year. The result for the April-to-May period compared to a $1.5 billion surplus for the same stretch last year. Revenues increased $6.5 billion, or 8.
Treasury Board president Anita Anand meets with Whistler businesses

Treasury Board president Anita Anand meets with Whistler businesses

Mayor Jack Crompton encourages dialogue between commercial landlords and tenants in light of recent local business closures
Vancouver celebrates 80th anniversary of sister city relationship with Odesa

Vancouver celebrates 80th anniversary of sister city relationship with Odesa

B.C.'s Ukrainian leaders call on Vancouver council for use of theatre, spot to place historical statue.
Poverty more prevalent among those who died during B.C.'s heat dome: study

Poverty more prevalent among those who died during B.C.'s heat dome: study

VANCOUVER — A researcher who looked into deaths during the eight hottest days of B.C.'s deadly heat dome says that equitably addressing the impacts of climate change would mean placing a larger focus on people living in poverty.
S&P/TSX composite index moves lower Thursday, U.S. markets mixed

S&P/TSX composite index moves lower Thursday, U.S. markets mixed

TORONTO — Canada's main stock index ticked lower Thursday, weighed down by losses in the industrial sector, while U.S. markets were mixed. A better-than-expected U.S.
How financial behaviour can reveal early signs of cognitive decline

How financial behaviour can reveal early signs of cognitive decline

Although advisors play a critical role in detecting cognitive decline, the matter remains a delicate one.
B.C. lets wineries import grapes for 2024 vintages after 'devastating' winter losses

B.C. lets wineries import grapes for 2024 vintages after 'devastating' winter losses

PENTICTON — The B.C. government says wineries can import grapes and juice to make their 2024 vintages after "devastating" losses this winter. The province says allowing winemakers to import grapes from outside B.C.
TSX ends lower, U.S. markets see worst drop since 2022 amid 'sizeable' tech selloff

TSX ends lower, U.S. markets see worst drop since 2022 amid 'sizeable' tech selloff

TORONTO — Losses in industrial and base metal stocks dragged Canada's main stock index lower Wednesday, while markets in the U.S. slid.
New B.C. regulations spark debate over future of gig workers

New B.C. regulations spark debate over future of gig workers

Experts expect higher costs, lower demand for app-based services starting in September.
Richmond property investment firm suspended by securities commission

Richmond property investment firm suspended by securities commission

Richmond commercial property investment manager was deregistered for securities regulations violations.