Economy, Law & Politics

Business services firm admits offering consultations, denies conflict in grant administration

WASHINGTON (AP) — Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said Tuesday, while adding that more such evidence would be needed before the Fed would cut interest rates.

WASHINGTON, D. C. — The Office of the United States Trade Representative says it will do what’s necessary to halt Canada's tax on large foreign digital services companies.

Five B.C. residents were recently issued US$51 million in disgorgement orders and civil penalties, bringing the total monetary orders to over US$119.3 million for a widespread offshore stock fraud scheme perpetrated, in part, from Vancouver.

TORONTO — Some of the most active companies traded Friday on the Toronto Stock Exchange: Toronto Stock Exchange (21,875.79, down 66.37 points): TC Energy Corp. (TSX:TRP). Energy. Down 94 cents, or 1.8 per cent, to $51.86 on 34.4 million shares.

TORONTO — Canadian insolvencies rose in May from last year as elevated inflation and interest rates continue to hit businesses and consumers.

VICTORIA — British Columbia's government has amalgamated 11 health-professional colleges into two, setting the foundation for what it says is stronger oversight.

Health Hub Pharmacy’s licence suspended pending completion of an investigation.

OTTAWA — Canadian economic growth rebounded in April, but early indications suggested it failed to maintain the momentum into May. Statistics Canada said Friday real gross domestic product grew 0.

In an interview Thursday, Ms. Clark said the byelection loss in Toronto-St. Paul’s is a sign that the Liberal Party needs a change