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Economy, Law & Politics

Statistics Canada says median family after-tax income in 2022 down after inflation

Statistics Canada says median family after-tax income in 2022 down after inflation

OTTAWA — Statistics Canada says the median family after-tax income in 2022 fell compared with 2021, after adjusted for inflation, with young people being the hardest hit.
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Sectors that earned most corporate capital gains created no jobs over 5 years: report

Sectors that earned most corporate capital gains created no jobs over 5 years: report

OTTAWA — Two sectors were responsible for the majority of corporate capital gains earned in Canada over five years but added no new jobs over that time span, a new study found.
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Disability benefit clawback has B.C. woman on the brink of homelessness

Disability benefit clawback has B.C. woman on the brink of homelessness

Brenda Prince: "I've taken out payday loans against my disability in order to pay last month's rent."
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Traffic advisory: Expect delays in busy Vancouver area due to new project

Traffic advisory: Expect delays in busy Vancouver area due to new project

The city will provide details on future traffic impacts as work progresses.
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Rob Shaw: Will Rustad's appearance on Jordan Peterson's podcast boost or backfire?

Rob Shaw: Will Rustad's appearance on Jordan Peterson's podcast boost or backfire?

Leader of the BC Conservatives should expect questions about contentious gender identity and sexuality topics.
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Workplace report blames BC Wildfire Service again in another firefighter's 2023 death

Workplace report blames BC Wildfire Service again in another firefighter's 2023 death

VICTORIA — British Columbia's Forests Ministry says it is doing everything possible to keep those who fight wildfires in the province safe, while the government workers' union wants more protections following two condemning reports into deaths of fir
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International stock fraud 'mastermind' from B.C. has assets frozen

International stock fraud 'mastermind' from B.C. has assets frozen

International pump-and-dump 'mastermind' Fred Sharp, of West Vancouver, has been ordered by a B.C. judge to produce a list of assets after being found liable for securities fraud in civil proceedings brought by the U.S. SEC.
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Federal government planning sharp cut to low-wage stream of temporary foreign worker program, sources say

Federal government planning sharp cut to low-wage stream of temporary foreign worker program, sources say

Government records show Ottawa approved 83,643 temporary foreign worker positions in the low-wage stream in 2023, up from 28,121 in 2019 prior to the pandemic
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S&P/TSX composite up 1.2%, U.S. markets also climb after promising economic data

S&P/TSX composite up 1.2%, U.S. markets also climb after promising economic data

TORONTO — Canada's main stock index gained 1.2 per cent Thursday in a broad-based rally, while U.S. markets also soared to trade near recent record highs.
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Stock market today: Wall Street leaps, and S&P 500 rallies 1.6% as US shoppers drive the economy

Stock market today: Wall Street leaps, and S&P 500 rallies 1.6% as US shoppers drive the economy

NEW YORK (AP) — Wall Street rallied to one of its best days of the year Thursday after data showed the U.S. economy is holding up better than expected , with particular credit going to the country’s shoppers . The S&P 500 jumped 1.
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