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Economy, Law & Politics

Apprenticeship programs target women, newcomers in B.C. construction

Apprenticeship programs target women, newcomers in B.C. construction

Funding, diversity and modernization can help address trades shortages, experts say.

Rate expectations: What’s the neutral rate, and why did the Bank of Canada raise it?

The Bank of Canada's interest rate decision on Wednesday didn’t bring cuts, but it did bring new insight into where the central bank thinks interest rates may be headed.

Text of the Bank of Canada's latest interest rate decision

OTTAWA — The Bank of Canada kept its key interest rate target on hold at five per cent on Wednesday.
B.C. moves alone on Surrey Police Service after mayor, council refuse to leave RCMP

B.C. moves alone on Surrey Police Service after mayor, council refuse to leave RCMP

SURREY, B.C. — British Columbia is moving ahead with the transition to an independent police service in Surrey after the mayor and council refused to part ways with the RCMP.
Two blows to B.C.'s credit status, as S&P cuts rating and Moody's turns negative

Two blows to B.C.'s credit status, as S&P cuts rating and Moody's turns negative

NEW YORK — British Columbia's credit status took a double blow on Tuesday, with S&P downgrading the province due to the risk of "outsize" deficits, and Moody's turning its outlook negative.
No need to overturn nomination amid alleged irregularities, Liberal official says

No need to overturn nomination amid alleged irregularities, Liberal official says

OTTAWA — The director of the Liberal election campaign in 2019 says he recommended Justin Trudeau take no action on alleged nomination irregularities in a Toronto riding.
Assembly of First Nations says $349B is needed to close infrastructure gap by 2030

Assembly of First Nations says $349B is needed to close infrastructure gap by 2030

OTTAWA — Decades of underfunding and failed fiduciary duties have already left a $349-billion infrastructure gap on First Nations that will get increasingly worse without immediate investments in everything from housing to roads to schools, a new rep
B.C. announces one-time $430 rent relief benefit to low-income seniors

B.C. announces one-time $430 rent relief benefit to low-income seniors

VICTORIA — The British Columbia government is granting a one-time $430 benefit to the roughly 20,000 seniors in its support program for elderly low-income renters. B.C.
Freeland doesn't rule out new taxes on wealthy or corporate Canada in upcoming budget

Freeland doesn't rule out new taxes on wealthy or corporate Canada in upcoming budget

OTTAWA — Finance Minister Chrystia Freeland has ruled out raising taxes on the middle class in the upcoming federal budget — but won't say if corporations or the wealthy are in for the same treatment.
Conservative motion calls for PM, premiers to have 'emergency' carbon price meeting

Conservative motion calls for PM, premiers to have 'emergency' carbon price meeting

OTTAWA — Conservative Leader Pierre Poilievre is challenging Prime Minister Justin Trudeau to defend his carbon pricing policy in a televised "emergency meeting" with the country's premiers.