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Loonie drops below 70 cents US, S&P/TSX composite down as U.S. markets also fall

Loonie drops below 70 cents US, S&P/TSX composite down as U.S. markets also fall

TORONTO — The loonie fell below 70 cents US on Tuesday after the latest reading on inflation dropped below two per cent. The Canadian dollar traded for 69.91 cents US compared with 70.
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Canadians return to Canada Post with relief — and shakier faith in the service

Canadians return to Canada Post with relief — and shakier faith in the service

MONTREAL — Canada Post trucks, conveyors and mail carriers swung back into motion Tuesday after a month-long strike by more than 55,000 postal workers left letters and parcels in limbo and a massive backlog to sort through.
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Stock market today: Wall Street trims its stellar gains as Nvidia's star dims again

Stock market today: Wall Street trims its stellar gains as Nvidia's star dims again

NEW YORK (AP) — U.S. stock indexes closed lower and gave back some of their stellar gains for the year. The S&P 500 fell 0.4% Tuesday, though it’s still near its all-time high set earlier this month. The Dow Jones Industrial Average fell 0.
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B.C. developer Thind Properties hit with strata lawsuit seeking $1.1M

B.C. developer Thind Properties hit with strata lawsuit seeking $1.1M

Embattled developer allegedly owes $1.1M for unpaid strata fees and other amounts
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Vancouver biotech BriaCell to raise US$5.5 million in share offering

Vancouver biotech BriaCell to raise US$5.5 million in share offering

Vancouver biotech gets approval to continue Phase 3 trials on new cancer drug
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Canada’s inflation rate down a tick to 1.9% in November

Canada’s inflation rate down a tick to 1.9% in November

Canada's annual inflation rate remained stable in November, coming in a touch below the Bank of Canada's two per cent target, though economists anticipate some volatility in the months ahead.
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Rental supply gains help cool pace of rent growth in 2024: CMHC

Rental supply gains help cool pace of rent growth in 2024: CMHC

The Canada Mortgage and Housing Corp. says the pace of rent growth cooled significantly this year amid Canada's largest gain of purpose-built rental supply in more than three decades.
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Surrey needs 170K more homes by 2043 to meet city’s housing needs, says report

Surrey needs 170K more homes by 2043 to meet city’s housing needs, says report

In strategic shift, city council will ‘facilitate’ rather than ‘regulate’ housing development
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B.C. inflation outpaces national rate in November despite cooling trend

B.C. inflation outpaces national rate in November despite cooling trend

Consumer Price Index ticked downward slightly for both Canada and the West Coast, says StatCan
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Canada sees drop in number of family physicians for the first time in decades, study finds

Canada sees drop in number of family physicians for the first time in decades, study finds

Canadian Institute for Health Information report also finds that the average family doctor saw fewer individual patients in recent years than they did 10 years ago.
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