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Economy, Law & Politics

Former BC Liberal MLA Abbott named to province's First Nations treaty commission

Former BC Liberal MLA Abbott named to province's First Nations treaty commission

VICTORIA — A former longtime British Columbia legislator has been appointed to the province's independent facilitating body for treaty negotiations on First Nations rights and title.
S&P/TSX composite ticks lower, U.S. stocks post small gain

S&P/TSX composite ticks lower, U.S. stocks post small gain

TORONTO — Canada's main stock index ticked lower on Wednesday, weighed down by losses in technology and base metals, while U.S. stock markets eked out another gain to reach a new all-time high for the S&P 500.
Small business carbon rebate will be taxed for now despite government promise

Small business carbon rebate will be taxed for now despite government promise

OTTAWA — The federal government has confirmed that small businesses will have to pay tax on their carbon rebate, despite government promises otherwise, because Parliament can't currently pass legislation to make the payment exempt from income taxes.
With talk of D-Day and war, throne speech portrays B.C. in historic tariff battle

With talk of D-Day and war, throne speech portrays B.C. in historic tariff battle

VICTORIA — British Columbia's government has depicted the province on a battle footing against the threat of U.S. tariffs, as it faces its “most consequential time” since the Second World War.
Tech startups, miners score big points on TSX Venture 50 list

Tech startups, miners score big points on TSX Venture 50 list

TORONTO — Technology and mining companies topped this year's TSX Venture 50 list amid the ongoing push for a piece of the energy transition, the latest edition of the ranking shows.
B.C. business lobbying organizations see executive shake-ups

B.C. business lobbying organizations see executive shake-ups

Fiona Famulak leaving role as president and CEO at BC Chamber of Commerce; Ken Peacock has left role as chief economist at Business Council of BC
Vancouver police chief Adam Palmer to retire in April

Vancouver police chief Adam Palmer to retire in April

Palmer: "I've had other opportunities come my way that I want to explore."
Energy stocks help boost S&P/TSX composite index, U.S. stocks eke out gains

Energy stocks help boost S&P/TSX composite index, U.S. stocks eke out gains

TORONTO — Canada's main stock index rose Tuesday, helped by strength in the energy sector as the prices for oil and natural gas climbed, while U.S. stock markets eked out gains. The S&P/TSX composite index closed up 165.61 points at 25,648.
Stock market today: Wall Street rises to latest record on small gain for S&P 500

Stock market today: Wall Street rises to latest record on small gain for S&P 500

NEW YORK (AP) — Wall Street fluttered to a record after U.S. stock indexes drifted through a mixed day of trading. The S&P 500 edged up by 0.2% Tuesday to finish just above its all-time closing high set last month.
Economists more confident in Bank of Canada rate hold as inflation ticks up to 1.9%

Economists more confident in Bank of Canada rate hold as inflation ticks up to 1.9%

OTTAWA — Economists are more confident the Bank of Canada might pause its interest rate cuts next month — tariffs notwithstanding — as Canada's annual inflation rate ticked back up in January.