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Economy, Law & Politics

S&P/TSX composite index up almost 200 points Monday, U.S. markets also rise

S&P/TSX composite index up almost 200 points Monday, U.S. markets also rise

TORONTO — Gains in the financial, industrial and utilities sectors led Canada's main stock index higher on Monday, while U.S. stock markets also rose.
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K'omoks First Nation signs draft treaty with B.C., federal governments

K'omoks First Nation signs draft treaty with B.C., federal governments

COURTENAY, BRITISH COLUMBIA — Officials with the K'omoks First Nation and the B.C. and federal governments have signed a draft treaty in a step toward the nation's self-governance.
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Report on 2023 Central Okanagan fires notes need to enhance training, initiatives

Report on 2023 Central Okanagan fires notes need to enhance training, initiatives

Zero loss of life, but disconnect exposed in communication channels
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Canadian workers unfazed by rising unemployment as more intend to look for a new job

Canadian workers unfazed by rising unemployment as more intend to look for a new job

Recent surveys economic challenges are not stopping more workers from actively looking to change roles.
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Two-thirds of Canadians 'desperately' need interest rates to go down: MNP survey

Two-thirds of Canadians 'desperately' need interest rates to go down: MNP survey

The central bank lowered its benchmark interest rate by a quarter of a percentage point to 4.75 per cent in June and economists expect another cut could be in store when it meets Wednesday for its next rate decision.
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For some Canadians, the Democrats' America trumps Trudeau’s Canada

For some Canadians, the Democrats' America trumps Trudeau’s Canada

A second consecutive term under the Democrats would likely be better for the Canadian economy and for B.C. businesses from a trade perspective
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Markets bet on second Bank of Canada interest rate cut coming this week

Markets bet on second Bank of Canada interest rate cut coming this week

Economists and market watchers are betting the Bank of Canada will deliver another interest rate cut this week amid mounting evidence that inflation is sustainably easing.
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Biden drops out of 2024 race after disastrous debate inflamed age concerns. VP Harris gets his nod

Biden drops out of 2024 race after disastrous debate inflamed age concerns. VP Harris gets his nod

WASHINGTON (AP) — President Joe Biden dropped out of the 2024 race for the White House on Sunday, ending his bid for reelection after a disastrous debate with Donald Trump that raised doubts about the incumbent's fitness for office.
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What to know about the Canadian ties of Kamala Harris, Biden's choice for successor

MONTREAL — U.S.
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What happens next: Joe Biden wants to pass the baton to Kamala Harris. Here's how that might work

What happens next: Joe Biden wants to pass the baton to Kamala Harris. Here's how that might work

ATLANTA (AP) — With President Joe Biden ending his reelection bid and endorsing Vice President Kamala Harris , Democrats now must navigate a shift that is unprecedented this late in an election year.
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