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Economy, Law & Politics

Federal government plans to give $250 cheques to millions of Canadians, cut GST

Federal government plans to give $250 cheques to millions of Canadians, cut GST

OTTAWA — Prime Minister Justin Trudeau says his government plans to temporarily lift the federal sales tax off a slew of items just in time for Christmas and send cheques to millions of Canadians this spring.
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CP NewsAlert: Federal government plans to send $250 cheques to millions of Canadians

CP NewsAlert: Federal government plans to send $250 cheques to millions of Canadians

OTTAWA — More than 18.
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Joly says next U.S. ambassador Hoekstra will help advance 'shared priorities'

Joly says next U.S. ambassador Hoekstra will help advance 'shared priorities'

OTTAWA — Foreign Affairs Minister Mélanie Joly is welcoming president-elect Donald Trump's pick for the next U.S. ambassador in Ottawa.
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Stock market today: Indexes rise as prices for Nvidia, bitcoin and oil all climb

Stock market today: Indexes rise as prices for Nvidia, bitcoin and oil all climb

NEW YORK (AP) — U.S. stocks are rising after market superstar Nvidia and another round of companies said they’re making fatter profits than expected. The S&P 500 added 0.4% in early trading Thursday.
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Border agency detained dozens of 'forced labour' cargo shipments. Now it's being sued

Border agency detained dozens of 'forced labour' cargo shipments. Now it's being sued

VANCOUVER — Canada's border agency says it has detained about 50 shipments of cargo over suspicions they were products of forced labour under rules introduced in 2020 — but only one was eventually determined to be in breach of the ban.
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Opinion: Economic growth is the only way out of B.C.’s financial mess

Opinion: Economic growth is the only way out of B.C.’s financial mess

Housing crisis, fiscal mismanagement and stalled private-sector growth demand decisive action from Premier David Eby
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S&P/TSX composite inches higher on energy strength Wednesday, U.S. markets mixed

S&P/TSX composite inches higher on energy strength Wednesday, U.S. markets mixed

TORONTO — Canada's main stock index crept higher Wednesday thanks to strength in energy stocks, while U.S. stock markets were mixed, recovering from larger losses earlier in the day ahead of earnings from Nvidia expected after the bell.
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Stock market today: Wall Street drifts as Target tumbles

Stock market today: Wall Street drifts as Target tumbles

NEW YORK (AP) — U.S. stocks drifted to a mixed finish, though the modest moves for indexes masked some thrashing underneath the surface. The S&P 500 ended barely changed Wednesday after trading lower for much of the day.
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BC Financial Services Authority appoints new CEO

BC Financial Services Authority appoints new CEO

Tolga Yalkin is departing the OSFI to take the new position in January 2025
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Canadians favour government intervention in Canada Post, port labour disputes: poll

Canadians favour government intervention in Canada Post, port labour disputes: poll

OTTAWA — A new poll suggests Canadians are supportive of government intervention in the labour disputes at ports and at Canada Post.
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