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Economy, Law & Politics

US stocks hang near their record as Wall Street takes a breath following two big days

US stocks hang near their record as Wall Street takes a breath following two big days

NEW YORK (AP) — U.S. stocks hung near their all-time high as financial markets caught a breath following two big days bolstered by hopes that the Israel-Iran war will not disrupt the global flow of crude oil.
B.C. Appeal Court upholds US$30M fraud judgment against West Vancouver man

B.C. Appeal Court upholds US$30M fraud judgment against West Vancouver man

The appeal ruling said Fred Sharp tried to use expert evidence to show he wasn't "validly" notified of the U.S. judgment.
B.C. economic forecast ticks up as energy exports get going, says Deloitte

B.C. economic forecast ticks up as energy exports get going, says Deloitte

But cancelled energy projects, trade risks may still threaten long-term growth in a resource-reliant economy
Rustad says staff won't give RCMP 'blackmail' statement as leadership vote begins

Rustad says staff won't give RCMP 'blackmail' statement as leadership vote begins

VICTORIA — British Columbia Conservative Leader John Rustad says party staff who alleged they were being blackmailed do not want to provide a written statement to police who are assessing their claim.
Is a one per cent property tax hike possible in Vancouver?

Is a one per cent property tax hike possible in Vancouver?

Mayor Ken Sim directs staff to develop three property tax hike scenarios for 2026
Steady May inflation figures don't make the case for rate cuts: economists

Steady May inflation figures don't make the case for rate cuts: economists

OTTAWA — May inflation figures showed marginal improvements in some of the Bank of Canada's closely watched price figures — a step in the right direction, some economists say, but likely not enough to convince the central bank to cut interest rates.
Metro Vancouver chief’s pay surges past $500K amid tax hikes, project overruns

Metro Vancouver chief’s pay surges past $500K amid tax hikes, project overruns

Metro Vancouver also reported it paid $219M in base remuneration to all its employees in 2024, up from $193M a year prior
S&P/TSX composite finishes higher despite lower oil prices, U.S. stock markets up

S&P/TSX composite finishes higher despite lower oil prices, U.S. stock markets up

TORONTO — Strength in technology stocks helped Canada's main stock index climb over 100 points on Tuesday, while U.S. markets also rose and oil prices fell. The S&P/TSX composite index closed 109.26 points higher at 26,718.62. A rally in the U.S.
US stocks approach their all-time high as oil prices tumble

US stocks approach their all-time high as oil prices tumble

NEW YORK (AP) — U.S. stocks rose toward their all-time high on Tuesday after oil prices eased further on hopes that Israel’s war with Iran will not damage the global flow of crude. The S&P 500 climbed 1.
Canada's next national census set for May 2026

Canada's next national census set for May 2026

OTTAWA — The next Canadian census will be held in May 2026. The federal cabinet has issued an order fixing the date for the census and the questions it will ask. The last census was held in 2021 and was the first to be held during a pandemic.