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Economy, Law & Politics

Prime Minister Mark Carney: Collaboration with municipalities ‘more important than ever’

Prime Minister Mark Carney: Collaboration with municipalities ‘more important than ever’

PM meets with Vancouver Coun. Rebecca Bligh, who is president of Federation of Canadian Municipalities
S&P/TSX composite slides on Friday but caps off month near record highs

S&P/TSX composite slides on Friday but caps off month near record highs

Canada’s main stock index on Friday continued to trim the gains that pushed it to a record closing high two days earlier, as investors retreated to defensive stocks while energy and information technology took a hit.
Wall Street glides to the end of its best month since 2023

Wall Street glides to the end of its best month since 2023

NEW YORK (AP) — Wall Street closed its best month since 2023 with a quiet day of trading. The S&P 500 was essentially flat as it finished a winning week and its first winning month in the last four. The Dow Jones Industrial Average rose 0.
Bank of Canada expected to hold key rate after surprise Q1 GDP jump

Bank of Canada expected to hold key rate after surprise Q1 GDP jump

OTTAWA — The Canadian economy got a boost to start the year as businesses rushed to get ahead of tariffs, and some economists believe that lift will be enough to keep the Bank of Canada on the sidelines at its interest rate decision next week.
Federal government posts $43 billion deficit between April '24 and March

Federal government posts $43 billion deficit between April '24 and March

OTTAWA — The federal government says it ran a budgetary deficit of $43.2 billion between April 2024 and this past March. The deficit compared with $50.9 billion for the same stretch in the 2023-2024 fiscal year.
Ottawa tabling bill to skirt impact assessment law for 'national interest' projects

Ottawa tabling bill to skirt impact assessment law for 'national interest' projects

OTTAWA — The federal government is developing a "national interest" bill to fast-track nation-building projects with a streamlined regulatory approval process as a substitute for reviews under the Impact Assessment Act.
As allies turn on B.C. NDP, house leader Farnworth celebrates 'great session'

As allies turn on B.C. NDP, house leader Farnworth celebrates 'great session'

VICTORIA — Can a government have a "great session" if its flagship legislation draws condemnation from a coalition of historical allies? B.C.
Vancouver Mayor Ken Sim makes first trip to Ottawa next week

Vancouver Mayor Ken Sim makes first trip to Ottawa next week

Bail reform, infrastructure funds, subway extension to UBC on his agenda
Trump's 'Liberation Day' tariffs back on after appeals court decision

Trump's 'Liberation Day' tariffs back on after appeals court decision

OTTAWA — U.S. President Donald Trump's tariffs are still hitting most countries around the world after a federal appeals court temporarily paused a decision from the U.S. Court of International Trade.

Bill 15 is poised to become law. B.C. First Nations leaders say that would be a step back for reconciliation

Despite weeks of growing opposition from First Nations, municipal governments and environmental organizations, B.C.’s controversial Bill 15 is now law.