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Economy, Law & Politics

Government moves to purge consumer carbon pricing from law

Government moves to purge consumer carbon pricing from law

OTTAWA — The federal government moved on Tuesday to purge consumer carbon pricing from law, effectively putting an end to what was once the keystone of the Liberals' climate policy.
S&P/TSX composite up close to 200 points, U.S. stock markets also climb

S&P/TSX composite up close to 200 points, U.S. stock markets also climb

TORONTO — Strength in the utility, financial and technology sectors helped Canada's main stock index gain almost 200 points on Tuesday, while U.S. stock markets also climbed. The S&P/TSX composite index was up 195.87 points at 26,269.00.
Chorus of critics grows for B.C. fast-track bill as minister fails to soothe concerns

Chorus of critics grows for B.C. fast-track bill as minister fails to soothe concerns

VICTORIA — The chorus of voices against contentious British Columbia legislation to speed up infrastructure projects continues to swell, with the province's civil liberties association calling it a betrayal of the rights of Indigenous Peoples.
Equifax report says 1.4M consumers missed a credit payment in Q1

Equifax report says 1.4M consumers missed a credit payment in Q1

There's a deepening divide between consumers in the face of economic uncertainty as those missing payments rose compared with a year ago, a new Equifax report shows.
Court tosses Martel clients' application for adjournment; they face 'clawback' proceedings

Court tosses Martel clients' application for adjournment; they face 'clawback' proceedings

They are part of a group of 561 investors considered “winners” by the trustee overseeing Greg Martel’s bankruptcy.
Interim NDP leader says party will play important role despite loss of status

Interim NDP leader says party will play important role despite loss of status

OTTAWA — Interim NDP Leader Don Davies said Monday the party will still play a "profoundly important role" in this Parliament, even though it won't be granted official party status.
B.C. retiree sues after losing $450,000 in alleged GIC scam

B.C. retiree sues after losing $450,000 in alleged GIC scam

Alleged fraudsters set up fake portal for plaintiff to view his investment.
S&P/TSX composite closes up almost 200 points, U.S. markets closed for holiday

S&P/TSX composite closes up almost 200 points, U.S. markets closed for holiday

Canada's main stock index gained nearly 200 points, led by the tech and industrial sectors. The S&P/TSX composite index rose 193.18 points to close at 26,073.13. One of the big gainers was ATS Corp.
Canada needs to boost productivity and housing affordability: OECD report

Canada needs to boost productivity and housing affordability: OECD report

OTTAWA — A new report by the OECD says Canada needs to boost productivity and housing affordability to strengthen growth as it faces trade uncertainty and U.S. tariffs that are taking a bite out of the economic outlook.
Canada Post says response to latest union comments coming shortly

Canada Post says response to latest union comments coming shortly

OTTAWA — Canada Post says it will respond to its union's latest negotiation comments as soon as possible as uncertainty caused by the contract dispute weighs heavily on its business.