Economy, Law & Politics

Mayor Ken Sim directs staff to develop three property tax hike scenarios for 2026

OTTAWA — May inflation figures showed marginal improvements in some of the Bank of Canada's closely watched price figures — a step in the right direction, some economists say, but likely not enough to convince the central bank to cut interest rates.

Metro Vancouver also reported it paid $219M in base remuneration to all its employees in 2024, up from $193M a year prior

TORONTO — Strength in technology stocks helped Canada's main stock index climb over 100 points on Tuesday, while U.S. markets also rose and oil prices fell. The S&P/TSX composite index closed 109.26 points higher at 26,718.62. A rally in the U.S.

NEW YORK (AP) — U.S. stocks rose toward their all-time high on Tuesday after oil prices eased further on hopes that Israel’s war with Iran will not damage the global flow of crude. The S&P 500 climbed 1.

OTTAWA — The next Canadian census will be held in May 2026. The federal cabinet has issued an order fixing the date for the census and the questions it will ask. The last census was held in 2021 and was the first to be held during a pandemic.

NEW YORK (AP) — U.S.

West Coast SME confidence lowest in Canada in this year's first quarter, according to BDC report.

TORONTO — Strength in technology and materials helped Canada’s main stock index close over 100 points higher Monday, while U.S. markets also saw gains amid declines in oil prices.

OTTAWA — A newly launched federal review of the Access to Information system is being greeted with deep skepticism by transparency advocates.