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S&P/TSX composite plunges Friday as U.S. markets nosedive over jobs, tech woes

S&P/TSX composite plunges Friday as U.S. markets nosedive over jobs, tech woes

Shockwaves on Wall Street unleashed by jobs data out of the U.S. sent strong tremors north of the border Friday, as Canada’s main stock index shook over fears of a weakening U.S. economy and tech sector. The S&P/TSX composite index plunged 495.
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Stock market today: Dow drops 600 on weak jobs data as a global sell-off whips back to Wall Street

Stock market today: Dow drops 600 on weak jobs data as a global sell-off whips back to Wall Street

NEW YORK (AP) — Stocks tumbled Friday on worries the U.S. economy could be cracking under the weight of high interest rates meant to whip inflation . The S&P 500 sank 1.8% for its first back-to-back losses of at least 1% since April.
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Kelowna mortgage broker fails in bid to have suspension overturned

Kelowna mortgage broker fails in bid to have suspension overturned

The Financial Services Tribunal upheld penalties against broker caught providing false information to lenders on behalf of a client later charged with fentanyl trafficking.
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Rob Shaw: United calls for lengthier involuntary care in election promise

Rob Shaw: United calls for lengthier involuntary care in election promise

Leader Kevin Falcon: "I think the right thing to do is recognize that a small cohort of population needs to be removed compassionately from the streets, involuntarily if necessary..."
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Stock market today: Worries about the economy hit Wall Street, and the Dow drops nearly 500 points

Stock market today: Worries about the economy hit Wall Street, and the Dow drops nearly 500 points

NEW YORK (AP) — Just a day after rallying on hopes that the Federal Reserve is about to cut interest rates , U.S.
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PBO estimates capital gain tax change to bring in $17.4B in revenue over five years

PBO estimates capital gain tax change to bring in $17.4B in revenue over five years

OTTAWA — The parliamentary budget officer estimates the Liberals' increase to the capital gains inclusion rate will bring in $17.4 billion in revenue over five years.
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Before fires, 'we were having a great season,' Barkerville, B.C.'s media manager says

Before fires, 'we were having a great season,' Barkerville, B.C.'s media manager says

When Stewart Cawood returned to British Columbia's historic gold rush town of Barkerville earlier this week, he said the town looked almost like it had been "ransacked.
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B.C. couple partially victorious in bankruptcy fight with securities regulator

B.C. couple partially victorious in bankruptcy fight with securities regulator

VANCOUVER — The chair of the British Columbia Securities Commission is calling on the federal government to change legislation to protect investors after the Supreme Court of Canada ruled fines issued by regulators can be wiped out by bankruptcy.
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S&P/TSX up almost 300 points as oil prices rise; Wall St. rallies and Fed holds rates

S&P/TSX up almost 300 points as oil prices rise; Wall St. rallies and Fed holds rates

TORONTO — Gains in energy stocks and base metals led Canada's main stock index up almost 300 points in a broad-based rally Wednesday, while major tech names led a rally on U.S. stock markets, and the U.S.
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Economy continues to grow at modest pace as forecasters brace for more rate cuts

Economy continues to grow at modest pace as forecasters brace for more rate cuts

OTTAWA — The Canadian economy continued to keep its head just above water in May, growing 0.2 per cent, led by expansions in manufacturing and the public sector.
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