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Economy, Law & Politics

Stock market today: Wall Street begins Trump's second term with gains

NEW YORK (AP) — U.S. stocks rose after more companies said they made bigger profits at the end of last year than analysts expected and as Treasury yields eased. The S&P 500 climbed 0.
Sweeping tariffs could be 3% hit to Canadian economy, even with carve-outs: report

Sweeping tariffs could be 3% hit to Canadian economy, even with carve-outs: report

TORONTO — A CIBC report says sweeping tariffs imposed by the U.S. could cost the Canadian economy as much as 3.25 per cent, even factoring in possible exemptions for the oil and gas sector.
As inflation ticks lower to 1.8% in December, economists expect further BoC rate cuts

As inflation ticks lower to 1.8% in December, economists expect further BoC rate cuts

OTTAWA — Canada's annual inflation rate ticked lower in December, thanks in part to Ottawa's temporary GST tax break, but economists still see interest rate cuts on the horizon as potential tariffs loom.
B.C. securities lawyer's suspension extended by two months

B.C. securities lawyer's suspension extended by two months

Samuel Cole committed professional misconduct by counselling his client to use his girlfriend as a nominee to indirectly buy shares of the client's public company.
StatCan reveals B.C. has Canada's highest inflation rate, even after cooling in December

StatCan reveals B.C. has Canada's highest inflation rate, even after cooling in December

GST holiday drives consumer price drop
Liberal leadership hopefuls distance themselves from carbon pricing

Liberal leadership hopefuls distance themselves from carbon pricing

OTTAWA — The three frontrunners in the Liberal leadership race have all backed away — to one degree or another — from the Liberal government's keystone climate policy in a bid to take a major Conservative line of attack off the table.
Donald Trump signals 25 per cent tariffs on Canadian imports could be coming Feb. 1

Donald Trump signals 25 per cent tariffs on Canadian imports could be coming Feb. 1

WASHINGTON — U.S. President Donald Trump suggested his administration could move ahead with with 25 per cent across-the-board tariffs on Canadian imports on Feb. 1.
Injured worker tells court he raised safety concerns before fatal Burnaby accident

Injured worker tells court he raised safety concerns before fatal Burnaby accident

Pipe layer Thomas Richer, who was seriously injured in a workplace accident that killed his co-worker Jeff Caron, testified at the trial of their employer J. Cote and Son Excavating Ltd. and foreman David Green Monday.
Finance minister says Trump's Feb. 1 tariff comments are 'nothing new'

Finance minister says Trump's Feb. 1 tariff comments are 'nothing new'

MONTEBELLO, Que. — Finance Minister Dominic LeBlanc says Donald Trump's suggestion that he will impose sweeping tariffs on Canada on Feb. 1 is "nothing new," and insists Canada has plans ready for several possible scenarios.
B.C. dad can't get back $500K he gave now-separated son, daughter in-law for home

B.C. dad can't get back $500K he gave now-separated son, daughter in-law for home

The B.C. Supreme Court sided with a man's former daughter-in-law, who was gifted $500,000 to buy a $1.3-million home with her former spouse; the B.C. Court of Appeal upheld the judgement.