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Economy, Law & Politics

Federal banking regulator OSFI keeps domestic stability buffer on hold at 3.5%

Federal banking regulator OSFI keeps domestic stability buffer on hold at 3.5%

OTTAWA — The federal banking regulator says the amount of money Canada's big banks must keep on hand in case of economic shock will stay at its current level.
Canada’s quarterly population growth hits slowest pace since early 2022

Canada’s quarterly population growth hits slowest pace since early 2022

OTTAWA — Statistics Canada estimates the country's population grew by 176,699 people between July 1 and Oct. 1, marking the slowest pace of growth since the first quarter of 2022. Canada’s population is estimated to have reached roughly 41.
Conservatives win B.C. federal byelection amid turmoil in Ottawa

Conservatives win B.C. federal byelection amid turmoil in Ottawa

LANGLEY, B.C. — In another blow to Prime Minister Justin Trudeau's Liberals, the federal Conservatives have won a byelection in the British Columbia riding of Cloverdale-Langley City.
Trudeau taps LeBlanc as finance minister after Freeland resigns

Trudeau taps LeBlanc as finance minister after Freeland resigns

OTTAWA — Prime Minister Justin Trudeau tapped his top fixer in cabinet, Dominic LeBlanc, to replace Finance Minister Chrystia Freeland after she suddenly tendered her resignation from cabinet Monday morning in a fight over the nation's finances.
Eight highlights from the Liberal government’s fall economic update

Eight highlights from the Liberal government’s fall economic update

Business-focused tax incentives, $1.3-billion for the border over six years, and putting Terry Fox on the $5 bill
Canadian icon Terry Fox to be featured on new $5 bill

Canadian icon Terry Fox to be featured on new $5 bill

An amputee after losing his leg to cancer, Terry Fox's marathon raised more than $24 million dollars — $1 for every Canadian at the time.
BIV Newsmaker of the Year: John Rustad's resurrection of the BC Conservatives

BIV Newsmaker of the Year: John Rustad's resurrection of the BC Conservatives

The party proved a notable challenge to the BC NDP and will form a significant Opposition—if it can maintain unity and avoid criticizing itself
Woman ordered to pay $3.3M for Richmond, Vancouver investment frauds

Woman ordered to pay $3.3M for Richmond, Vancouver investment frauds

Meiyun Zhang has been permanently banned from the investment market with limited exceptions.
'Only viable path': Freeland quits cabinet, carves out new role on federal backbench

'Only viable path': Freeland quits cabinet, carves out new role on federal backbench

OTTAWA — In a career filled with fresh milestones, Chrystia Freeland is taking up another new role: backbench member of the governing Liberal party.
Liberals' fiscal update focused on Trump overshadowed by Freeland resignation

Liberals' fiscal update focused on Trump overshadowed by Freeland resignation

OTTAWA — The Liberals' fiscal update was intended to encourage business investment and beef up border security ahead of Donald Trump's return to the White House next month.