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Economy, Law & Politics

Trudeau announces $600 million in loans, funding to jump-start homebuilding, rentals

Trudeau announces $600 million in loans, funding to jump-start homebuilding, rentals

OTTAWA — The federal Liberal government plans a $600-million package of loans and funding to help make it easier and cheaper to build homes for owners and renters.
Expectations of a June interest rate cut solidify as cracks widen in labour market

Expectations of a June interest rate cut solidify as cracks widen in labour market

OTTAWA — Canada’s unemployment rate jumped to 6.1 per cent in March as more people looked for work and job growth stalled — solidifying expectations of a June interest rate cut.
Debatable if entire region picks up more North Shore wastewater plant costs, says chair

Debatable if entire region picks up more North Shore wastewater plant costs, says chair

B.C. Premier David Eby uncommitted to any bailout of beleaguered North Shore wastewater treatment plant as feds ask for receipts for $3.1 billion cost overrun.
National employment numbers for March from Statistics Canada, at a glance

National employment numbers for March from Statistics Canada, at a glance

OTTAWA — A quick look at Canada's March employment (numbers from the previous month in brackets): Unemployment rate: 6.1 per cent (5.8) Employment rate: 61.4 per cent (61.5) Participation rate: 65.3 per cent (65.
B.C.'s Cedar LNG gives notice to proceed to EPC stage

B.C.'s Cedar LNG gives notice to proceed to EPC stage

Cedar LNG reveals estimated capital cost at $4.6 billion
B.C. to get wildfire training and education centre in response to expert task force

B.C. to get wildfire training and education centre in response to expert task force

KAMLOOPS, B.C. — British Columbia's premier says a training and education centre for wildfire fighters will be established in response to recommendations by a task force that looked into last year's catastrophic wildfires.
Expect gasoline prices to stay high this summer: Deloitte

Expect gasoline prices to stay high this summer: Deloitte

Expanded Trans Mountain pipeline good news for Alberta oil producers
Three years after Canada’s landmark investment in child care, three priorities all levels of government should heed

Three years after Canada’s landmark investment in child care, three priorities all levels of government should heed

Three years ago, the federal government announced the multi-billion-dollar Canada-wide Early Learning and Child Care plan , with its cornerstone focus on reducing child-care costs to an average of $10 per day for all Canadians by 2025.
In the news today: NATO at 75, Canada's top spies to testify on foreign interference

In the news today: NATO at 75, Canada's top spies to testify on foreign interference

Here is a roundup of stories from The Canadian Press designed to bring you up to speed on what you need to know today...
B.C. government targets 'profiteers' with legislation to bring in 20% flipping tax

B.C. government targets 'profiteers' with legislation to bring in 20% flipping tax

VICTORIA — British Columbia has tabled legislation to enact a 20 per cent flipping tax on those who sell their home within the first year of ownership.