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Economy, Law & Politics

Trade war threatens progress made on financial stability, creating higher risks: BoC

Trade war threatens progress made on financial stability, creating higher risks: BoC

The financial picture for Canadian households and businesses was showing signs of increased health until the United States started a trade war, the Bank of Canada said Thursday.
Holborn Group proposes $2.8B 'transformational' project for downtown Vancouver

Holborn Group proposes $2.8B 'transformational' project for downtown Vancouver

A hotel, condos, rental housing, social housing and an Indigenous art gallery will span several properties, including in the Downtown Eastside.
Carney, Canada's premiers to meet in Saskatchewan next month

Carney, Canada's premiers to meet in Saskatchewan next month

OTTAWA — Canada's premiers and Prime Minister Mark Carney will meet in Saskatoon on June 2 to discuss ways to work together to make the country stronger.
B.C. government appoints former chief justice to review festival safety measures

B.C. government appoints former chief justice to review festival safety measures

The British Columbia government has appointed a former chief justice of the B.C. Supreme Court to report on safety measures for event organizers and police after 11 people were killed in a vehicle attack in Vancouver.
U.S. organizations cancel corporate events in Vancouver

U.S. organizations cancel corporate events in Vancouver

Rationale said to be a desire to support U.S. economy, and to accommodate U.S.-based non-citizens who do not want to leave country for fear of not being allowed to return
B.C. driver wins new hearing, arguing physician shortage makes doctor's note unfair

B.C. driver wins new hearing, arguing physician shortage makes doctor's note unfair

Supreme Court Justice reviewing the petition did not agree the previous judge had explicitly required a note, but said the initial ruling was unclear and therefore 'problematic'
S&P/TSX composite closes up along with U.S. markets

S&P/TSX composite closes up along with U.S. markets

TORONTO — Canada's main stock index closed up along with U.S. markets on a choppy day that showed hints of cooling trade tensions while the head of the U.S. Federal Reserve warned of rising risks. The S&P/TSX composite index closed up 186.
B.C. reviews flagship climate plan as emissions targets fall short

B.C. reviews flagship climate plan as emissions targets fall short

The review of the CleanBC program will be led by two independent experts, with results expected in late fall 2025.
Wall Street climbs in choppy trading after Fed warns of rising risks for economy, holds rates steady

Wall Street climbs in choppy trading after Fed warns of rising risks for economy, holds rates steady

NEW YORK (AP) — U.S. stocks ended a choppy day higher after the Federal Reserve left its main interest rate alone, as was widely expected, but also warned about rising risks for the U.S. economy. The S&P 500 rose 0.4% Wednesday.
Carney says he pushed back against Trump in private on '51st state' notion

Carney says he pushed back against Trump in private on '51st state' notion

WASHINGTON — Canada will never become a U.S. state, Prime Minister Carney declared to President Donald Trump in public and private during White House meetings both leaders described as productive and cordial.