Economy, Law & Politics

The Canadian dollar has been trading below 70 cents US in recent weeks and is nearly four per cent below where it was in September.

OTTAWA — Canada appears to be barrelling toward a spring election now that the NDP is vowing to vote down the government early next year — whether Prime Minister Justin Trudeau stays on or not.

Industrial lands represent only 4% of Metro Vancouver land, but create 22% of jobs and produce $8 billion in taxes every year.

TORONTO — Canada's main stock index pushed higher to end Monday up almost 150 points on light trading action, while U.S. stock markets also gained ahead of the Christmas break.

OTTAWA — Prime Minister Justin Trudeau was taking part in a cabinet committee meeting on Canada-U.S. relations today, amid increasing calls for his resignation.

Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom.

OTTAWA — The Bank of Canada's governing council expects its second straight outsized interest rate cut helped it turn a corner in its fight to tame inflation, but it is watching the economy closely amid weaker than expected growth.

GATINEAU, Que. — The Competition Bureau released draft guidelines on Monday that aim to clarify expectations around new greenwashing rules.

OTTAWA — The federal government has named Alison Nankivell the new president and chief executive officer of Export Development Canada, succeeding Mairead Lavery who helmed the Crown corporation for the past six years.

OTTAWA — Statistics Canada says the economy grew 0.3 per cent in October, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September.