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Economy, Law & Politics

Canfor fined nearly $500K after B.C. mill worker injured

Canfor fined nearly $500K after B.C. mill worker injured

The 'high-risk' violation involved an unguarded hydraulic system that pumps toxic chemicals created in the pulping process.
S&P/TSX composite down, U.S. markets mixed amid larger defensive move

S&P/TSX composite down, U.S. markets mixed amid larger defensive move

TORONTO — Canada's main stock index finished lower on Tuesday, weighed down by losses in basic materials stocks, while U.S. markets were mixed amid a broader move to defensive sectors.
B.C. Ombudsperson says whistleblower protection law 'falling short' in some areas

B.C. Ombudsperson says whistleblower protection law 'falling short' in some areas

Thirty nine amendments to the legislation are being recommended to improve its effectiveness.
Wall Street falls further from its records as Nvidia, Palantir and other AI stars dim

Wall Street falls further from its records as Nvidia, Palantir and other AI stars dim

NEW YORK (AP) — Wall Street fell further from its records. The S&P 500 lost 0.6% Tuesday, its third straight loss after setting its all-time high last week. The Dow Jones Industrial Average inched up less than 0.
Economists split on BoC's next rate move after July inflation data

Economists split on BoC's next rate move after July inflation data

OTTAWA — Economists say they found some encouraging signs in the latest inflation numbers but some warn the Bank of Canada might need a bit more convincing to cut its key interest rate next month. The annual rate of inflation fell to 1.
S&P/TSX composite, U.S. markets see small moves amid Trump-Zelenskyy meeting

S&P/TSX composite, U.S. markets see small moves amid Trump-Zelenskyy meeting

TORONTO — Canada's main stock index saw small gains to finish Monday's trading session, while U.S. markets were mixed as investors digested high-level political meetings among U.S., Ukrainian and European leaders.
Wall Street holds at a standstill near its record heights

Wall Street holds at a standstill near its record heights

NEW YORK (AP) — Wall Street held near its records. The S&P 500 ended flat Monday, coming off its first loss after setting an all-time high in three consecutive days. The Dow Jones Industrial Average edged down 0.
Fraser Health names new CEO

Fraser Health names new CEO

Dermot Kelly was announced on Monday morning
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Air Canada Flights are halted at Air Canada as of Monday morning as the airline's flight attendants remain on the picket lines despite a federal return-to-work orde
1.4M consumers missed a credit payment in second quarter: Equifax report

1.4M consumers missed a credit payment in second quarter: Equifax report

TORONTO — There's a deepening divide among consumers, even as the rate of missed credit payments dipped, a new Equifax Canada report shows. It shows 1.4 million Canadians missed a credit payment in the second quarter.