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Economy, Law & Politics

B.C. sheds 16K jobs in July, reversing gains from prior months

B.C. sheds 16K jobs in July, reversing gains from prior months

B.C. unemployment climbs to 5.9 per cent with construction and education shedding thousands of positions
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Stocks inch higher on Wall Street and hold on to weekly gains

Stocks inch higher on Wall Street and hold on to weekly gains

NEW YORK (AP) — Stocks are edging higher on Wall Street, keeping the market on track for its third weekly gain in the last four. The S&P 500 was up 0.3% in early trading Friday. The Dow Jones Industrial Average added 143 points, or 0.
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B.C. judge OKs investor profits 'clawback' in $316M Ponzi scheme

B.C. judge OKs investor profits 'clawback' in $316M Ponzi scheme

Victoria, B.C., mortgage broker's $316-million Ponzi scheme leads to court-ordered 'clawback" of investor profits
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B.C. debt grows 50 per cent in two years to $134B despite lower-than-expected deficit

B.C. debt grows 50 per cent in two years to $134B despite lower-than-expected deficit

British Columbia is weighed down by rapidly growing debt despite a lower-than-forecasted deficit for 2024, something that Finance Minister Brenda Bailey said the government is working hard to address.
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S&P/TSX composite index closes lower, U.S. markets mixed amid trade worries

S&P/TSX composite index closes lower, U.S. markets mixed amid trade worries

TORONTO — Canada's main stock index closed down Thursday while U.S. markets were mixed as numerous tariffs imposed by U.S. President Donald Trump against countries took effect.
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Carney says he's focused on building up Canada as Trump's global trade war escalates

Carney says he's focused on building up Canada as Trump's global trade war escalates

WASHINGTON — Prime Minister Mark Carney said Thursday Canadians are focused on building up their economy after U.S. President Donald Trump again hit nations around the world with increased tariffs — days after slapping Canada with a higher duty.
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Wall Street drifts as stock markets worldwide take Trump's new tariffs in stride

Wall Street drifts as stock markets worldwide take Trump's new tariffs in stride

NEW YORK (AP) — U.S. stocks drifted to a mixed finish as President Donald Trump’s tariffs on dozens of countries had only a muted effect on markets worldwide. The S&P 500 slipped 0.1% Thursday. The Dow Jones Industrial Average dipped 0.
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WestJet sued for injuries after plane collision at Comox Airport

WestJet sued for injuries after plane collision at Comox Airport

Passenger claims injury causes pain, suffering, loss of enjoyment of life, permanent physical disability
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B.C. newcomers hit hardest by cost-of-living crunch, national survey shows

B.C. newcomers hit hardest by cost-of-living crunch, national survey shows

High living costs and limited knowledge of Canada’s financial system contribute to the gap, according to TD poll
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Premier Ford warns Trump could reopen CUSMA trade pact in the fall

Premier Ford warns Trump could reopen CUSMA trade pact in the fall

OTTAWA — Ontario Premier Doug Ford is warning that U.S. President Donald Trump could choose to suddenly "pull the carpet out from underneath us" by opening up the trade agreement his administration negotiated with Canada during his first term.
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