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Economy, Law & Politics

S&P 500 and Nasdaq composite pull back from their all-time highs

S&P 500 and Nasdaq composite pull back from their all-time highs

Stocks closed lower on Wall Street, pulling the S&P 500 and the Nasdaq composite below the records they set a day earlier. The S&P 500 fell 0.3% Friday. The Dow Jones Industrial Average gave back 0.6%. The Nasdaq composite slipped 0.2%.
Surprisingly strong June jobs numbers quash Bank of Canada rate cut odds

Surprisingly strong June jobs numbers quash Bank of Canada rate cut odds

The vast majority of the 83,000 new jobs added in June were part time, Statistics Canada says.
Ex-Mountie sentenced for 'reckless' cannabis business securities violations in B.C.

Ex-Mountie sentenced for 'reckless' cannabis business securities violations in B.C.

SURREY, B.C. — The British Columbia provincial court has handed a retired RCMP officer a suspended sentence, saying the man was "reckless" but not deceitful when he convinced a neighbour to invest in his failing cannabis company.
Business leaders lament latest U.S. tariff threat as experts play down risks

Business leaders lament latest U.S. tariff threat as experts play down risks

TORONTO — The latest tariff threat from U.S. President Donald Trump is drawing condemnation from business leaders, though more because of the added uncertainty than the potential direct impact that experts played down.
Unifor says B.C. Labour Board has certified union at Amazon facility in Delta, B.C.

Unifor says B.C. Labour Board has certified union at Amazon facility in Delta, B.C.

VANCOUVER — Unifor says the B.C. Labour Relations Board has awarded union certification to workers at an Amazon facility in Delta, B.C. The workers will now begin the process of negotiating a first contract, the union says.
B.C. adds 5K jobs in June for fourth straight month of gains: StatCan

B.C. adds 5K jobs in June for fourth straight month of gains: StatCan

Unemployment rate drops 0.8 percentage points to 5.6%, according to national statistics agency
Trump threatens 35 per cent tariffs on Canada on Aug. 1 in letter posted online

Trump threatens 35 per cent tariffs on Canada on Aug. 1 in letter posted online

WASHINGTON — U.S. President Donald Trump threatened to impose 35 per cent tariffs on Canadian imports on Aug.
B.C. criminal defence lawyer helped client tied to illegal drug trade obtain cannabis licence

B.C. criminal defence lawyer helped client tied to illegal drug trade obtain cannabis licence

Law Society of BC settlement shows how illicit cannabis industry players could obtain a presence in the legal retail sector through lawyers and consultants.
North Vancouver firm lands first deal for food-waste, poop-powered gas system

North Vancouver firm lands first deal for food-waste, poop-powered gas system

Hydron Energy’s first commercial sale brings renewable natural gas tech to Ontario farm
Canada Infrastructure Bank set to fall well short of 2028 investment target: PBO

Canada Infrastructure Bank set to fall well short of 2028 investment target: PBO

OTTAWA — Parliament's fiscal watchdog is projecting that the Canada Infrastructure Bank will fall more than $20 billion short of its investment targets for the coming years.