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Economy, Law & Politics

Metro Vancouver prepares to dig tunnel deep under Stanley Park

Metro Vancouver prepares to dig tunnel deep under Stanley Park

The $495-million project will deliver a third of the region's drinking water by 2029.
BoC considered lowering rate by quarter point, but felt economy warranted a jumbo cut

BoC considered lowering rate by quarter point, but felt economy warranted a jumbo cut

OTTAWA — The Bank of Canada considered cutting its key interest rate by just a quarter of a percentage point last month, but opted to take a larger step in the face of a weakening economy and falling inflation.
September merchandise trade deficit narrows to $1.3 billion: Statistics Canada

September merchandise trade deficit narrows to $1.3 billion: Statistics Canada

OTTAWA — Canada's merchandise trade deficit narrowed to $1.3 billion in September as imports fell more than exports, Statistics Canada said Tuesday. The result compared with a revised deficit of $1.5 billion for August.
Canada Post, union, still disagree over weekend delivery following weekend talks

Canada Post, union, still disagree over weekend delivery following weekend talks

Canada Post and the union representing its workers are commenting on how weekend talks for a new contract went, with the employer calling them less productive than they'd hoped and the union claiming their employer is focused on flexibility to delive
5 things to watch for as Americans head to the polls on election day

5 things to watch for as Americans head to the polls on election day

Here are five things to watch for as the votes come in today's U.S. election.

Inflation is down, wages are up. Why are Canadians still frustrated with the economy?

OTTAWA — The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation's economy is actually doing a lot better. Inflation is now at 1.
Rustad seeks review as Elections BC says box of 861 votes went uncounted

Rustad seeks review as Elections BC says box of 861 votes went uncounted

British Columbia's election agency says it has discovered that a ballot box containing 861 votes wasn't counted in the recent provincial election, as well as other mistakes, including 14 votes going unreported in a crucial riding narrowly won by the
Vancouver-based financial firms Dehoney and Arbutus merge, rebrand

Vancouver-based financial firms Dehoney and Arbutus merge, rebrand

The two firms have become Waypoint Benefits & Financial Services
Status quo better than NDP minority, say B.C. business leaders

Status quo better than NDP minority, say B.C. business leaders

Industry groups urge fiscal restraint.
S&P/TSX composite flat Monday, U.S. markets down ahead of election day

S&P/TSX composite flat Monday, U.S. markets down ahead of election day

TORONTO — Canada's main stock index was essentially flat Monday as losses in telecom stocks offset gains in energy, while U.S. markets were down ahead of Tuesday's election. Monday was the “calm before the storm” ahead of the U.S.