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Economy, Law & Politics

BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward

BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward

OTTAWA — The Bank of Canada delivered another hefty interest rate cut as it acknowledged the economy has been weaker than it anticipated, but governor Tiff Macklem said Canadians should expect a slower pace of cuts moving forward.
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Being assaulted is not part of journalists' work, B.C. judge says in spitting case

Being assaulted is not part of journalists' work, B.C. judge says in spitting case

CBC journalists Shawn Foss and Dan Burritt were covering a Freedom Convoy vaccine protest in February 2022 when a protester spat on Foss, a cameraman.
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MPs approve $21.6B in supplementary spending; Conservatives vote against

MPs approve $21.6B in supplementary spending; Conservatives vote against

OTTAWA — Parliament has approved $21.6 billion in government spending, in a late Tuesday vote in the House of Commons.
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Rustad says he expects defiance in B.C. Conservative ranks amid row over core values

Rustad says he expects defiance in B.C. Conservative ranks amid row over core values

VICTORIA — John Rustad says he expects a spirit of defiance and for free speech to reign in his British Columbia Conservative Party caucus — even if it involves pitting team members against each other, including himself.
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S&P/TSX composite down more than 100 points Tuesday, U.S. stock markets also lower

S&P/TSX composite down more than 100 points Tuesday, U.S. stock markets also lower

TORONTO — Canada's main stock index lost more than 100 points Tuesday ahead of an expected interest rate cut Wednesday, while U.S. markets were also down. The S&P/TSX composite index closed down 121.09 points at 25,504.33.
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Premiers to meet with Trudeau Wednesday about trade and tariffs, Ford says

Premiers to meet with Trudeau Wednesday about trade and tariffs, Ford says

TORONTO — Canada's premiers are meeting virtually Wednesday with the prime minister to discuss the threat of U.S. tariffs on Canadian imports, and Ontario Premier Doug Ford said he hopes to talk about the country's approach to negotiations.
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Stock market today: Wall Street drifts lower as it waits for inflation data

Stock market today: Wall Street drifts lower as it waits for inflation data

NEW YORK (AP) — U.S. stock indexes drifted lower in the runup to the highlight of the week for the market, the latest update on inflation. The S&P 500 slipped 0.3% Tuesday and marked its first back-to-back losses in three weeks.
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Poll suggests 13% of Canadians think Canada should become the 51st American state

Poll suggests 13% of Canadians think Canada should become the 51st American state

OTTAWA — President-elect Donald Trump mockingly referred to Prime Minister Justin Trudeau as the governor of the "Great State of Canada" on his social media account early Tuesday.
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Freeland doesn't commit to meeting her own deficit target in fall economic statement

Freeland doesn't commit to meeting her own deficit target in fall economic statement

OTTAWA — Finance Minister Chrystia Freeland has not committed to meeting the $40.
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Update: ABC Vancouver sets property tax hike at 3.9 per cent for 2025

Update: ABC Vancouver sets property tax hike at 3.9 per cent for 2025

Coun. Mike Klassen: "Nobody’s getting laid off and city services are being maintained."
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