Economy, Law & Politics

Economic growth largely dependent on how fast interest rates come down

OTTAWA — After losing a Toronto-area riding the Liberals have held for more than three decades, Prime Minister Justin Trudeau said Tuesday he heard the "concerns and frustrations" of voters.

OneCity's Christine Boyle: "This is real garbage."

Approval of Roberts Bank Terminal 2 expansion project to support $100 billion in annual trade, but detractors say it risks survival of endangered killer whales.

Population growth and high property taxes create pain points for B.C.’s second-largest city

Turnberry Developments sues pet lover for allegedly spreading misinformation.

Higher grocery prices continue to wallop Canadian household budgets, with food inflation ticking higher in May for the first time in nearly a year. Statistics Canada reported Tuesday that grocery prices rose 1.

OTTAWA — The annual inflation rate unexpectedly ticked higher in May, raising doubts about what the Bank of Canada will do when it makes its next interest rate decision in July in "bumpy and choppy" conditions.

American consumers lost some confidence in June as expectations over the near-term future fell again. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell in June to 100.4 from 101.3 in May.

OTTAWA — The Liberal government's changes to capital gains taxation came into effect Tuesday, despite significant pushback from business and physicians' groups.