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Economy, Law & Politics

BoC debated waiting until July to hike rates, but says data prompted it to act sooner

BoC debated waiting until July to hike rates, but says data prompted it to act sooner

The Bank of Canada's governing council considered waiting until July to raise interest rates, but ultimately decided to act sooner in the face of hot economic data
MP Bachrach urges extension of small business loan repayments

MP Bachrach urges extension of small business loan repayments

Only 15 percent of small businesses have been able to make full repayment as December 31 deadline nears, says Skeena-Bulkley Valley NDP MP
Vancouver stockbroker fined $25K after trading millions of dollars for fraud convict

Vancouver stockbroker fined $25K after trading millions of dollars for fraud convict

Regulators said Robert Barber, senior investment advisor for Research Capital, failed his 'gatekeeping' duties when he conducted trades for a man criminally convicted of fraud.
Federal Court ruling allows CSIS to deploy surveillance technology without warrant

Federal Court ruling allows CSIS to deploy surveillance technology without warrant

A redacted version of the previously-secret decision was published Tuesday, as CSIS warned Canadians about Chinese intelligence strategies
Canada moving too slow to counter U.S. Inflation Reduction Act: industry association

Canada moving too slow to counter U.S. Inflation Reduction Act: industry association

An industry association representing 2,500 Canadian manufacturers is criticizing the federal government for moving too slowly as investment flows south in response to the U.S. Inflation Reduction Act.
No investigation of political interference allegations in SNC-Lavalin affair: RCMP

No investigation of political interference allegations in SNC-Lavalin affair: RCMP

The RCMP says it is not investigating allegations of political interference in the federal handling of criminal charges against engineering firm SNC-Lavalin.
OSFI raises capital requirements for big banks to 3.5% amid higher debt levels

OSFI raises capital requirements for big banks to 3.5% amid higher debt levels

Canada's financial regulator is raising the amount of capital the country's major banks need to have on hand to cover potential losses as it says financial system vulnerabilities remain elevated and in some cases have continued to increase.
Forty years of BC Place Stadium, by the numbers

Forty years of BC Place Stadium, by the numbers

The province's stadium has hosted prominent figures, acts and sports events over the past four decades
Tsilhqot’in objects to Williams Lake First Nation land use plan

Tsilhqot’in objects to Williams Lake First Nation land use plan

Williams Lake First Nation, Tsilhqot’in both claim Farwell Canyon as traditional territory
High government spending means more inflation? It's complicated, economists say

High government spending means more inflation? It's complicated, economists say

Conservative Leader Pierre Poilievre's attempt to block the federal government's budget bill from passing earlier this month is the latest example of government spending coming under scrutiny amid high inflation.