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Economy, Law & Politics

S&P/TSX composite closes down almost 100 points as tariffs weigh on market

S&P/TSX composite closes down almost 100 points as tariffs weigh on market

TORONTO — A sharp increase in tariffs the U.S. put on Canadian steel and aluminum Wednesday weighed on markets but investors were relieved Donald Trump’s latest attack didn’t exact the same damage as prior rounds.
Wall Street drifts following some discouraging updates on the economy

Wall Street drifts following some discouraging updates on the economy

NEW YORK (AP) — U.S. stocks drifted through a quiet day of trading as Wall Street’s momentum slowed following its big recent rally. The S&P 500 was essentially flat Wednesday and is within 2.8% of its all-time high.
Inflation volatility, tariff uncertainty keep Bank of Canada sidelined

Inflation volatility, tariff uncertainty keep Bank of Canada sidelined

OTTAWA — The unpredictability of the United States' trade war and signs of creeping inflation kept the Bank of Canada's interest rate on hold for a second consecutive decision on Wednesday — even as the central bank braces for an economic hit.
Carney says he'll 'take note' of opposition motion to table a spring economic update

Carney says he'll 'take note' of opposition motion to table a spring economic update

OTTAWA — Prime Minister Mark Carney said he will "take note" of the successful opposition motion to add language calling for a spring economic update to the throne speech, but did not say when or how that will happen.
U.S., Canadian markets move higher as investors shrug off tariff 'noise'

U.S., Canadian markets move higher as investors shrug off tariff 'noise'

Canada's main stock index edged up and U.S. markets climbed as investors tried to tune out the latest noise from U.S. President Donald Trump's tariff war.
Wall Street rises again as US stocks pull closer to their records

Wall Street rises again as US stocks pull closer to their records

NEW YORK (AP) — U.S. stocks drifted higher and pulled closer to their record as the wait continues for more updates on President Donald Trump’s tariffs and how much they’re affecting the economy. The S&P 500 rose 0.
Premiers heap praise on meeting with Carney, but no specific projects identified

Premiers heap praise on meeting with Carney, but no specific projects identified

SASKATOON — Ontario Premier Doug Ford said Monday's gathering of the country's premiers to talk over nation-building projects with Prime Minister Mark Carney was the "best" they have had in the last decade.
Former PM Harper calls for renewed ties with India, does not mention murder probe

Former PM Harper calls for renewed ties with India, does not mention murder probe

OTTAWA — Former prime minister Stephen Harper is calling on Canada to move past its dispute with India, arguing in a speech on Saturday that the country is an indispensable partner in a volatile world.
B.C.'s gender pay gap drops slightly but still too high: finance minister

B.C.'s gender pay gap drops slightly but still too high: finance minister

Women earned on average 85 cents for every dollar men earned in 2024, a recently released report says — the fourth-highest gender pay gap in Canada
Law Society of B.C. facing headwinds on rule of law, reconciliation, bar independence

Law Society of B.C. facing headwinds on rule of law, reconciliation, bar independence

Brook Greenberg is leading the Law Society of B.C. into a constitutional showdown this fall with the provincial government over Bill 21