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Economy, Law & Politics

Tight-lipped Bank of Canada holds key rate at 5%, says it's too early to cut rates

Tight-lipped Bank of Canada holds key rate at 5%, says it's too early to cut rates

OTTAWA — The Bank of Canada brushed off questions about rate cuts as it held its policy rate at five per cent, arguing inflation is still too high to justify lower borrowing costs.
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B.C. farmers' markets contributed $233M to economy, says study

B.C. farmers' markets contributed $233M to economy, says study

B.C. Association of Farmers’ Markets says sales, visits have surged between 2022 and 2023
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Carson Binda: B.C.’s provincial deficit is set to be the largest on record

Carson Binda: B.C.’s provincial deficit is set to be the largest on record

The province's debt-to-revenue ratio is set to soar to a staggering 151.2 per cent by 2026-27.
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Major tunnel projects secure Metro Vancouver's water supply

Major tunnel projects secure Metro Vancouver's water supply

Engineering water tunnels is as vital for region as ones for transportation.
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B.C. opens up cannabis patios, sparking tourism hopes

B.C. opens up cannabis patios, sparking tourism hopes

Provincial changes to allow more cannabis consumption spaces leave B.C. stores looking forward to industry growth
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Text of the Bank of Canada's latest interest rate decision

Text of the Bank of Canada's latest interest rate decision

OTTAWA — The Bank of Canada kept its key interest rate target on hold at five per cent on Wednesday.
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Canada Infrastructure Bank and First Nations Bank sign infrastructure loan deal

Canada Infrastructure Bank and First Nations Bank sign infrastructure loan deal

SASKATOON — The Canada Infrastructure Bank has signed a $100-million deal with the First Nations Bank of Canada to help Indigenous communities borrow money to build infrastructure.
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Woman sues Victoria Golf Club, saying ball flew through car window and hit her face

Woman sues Victoria Golf Club, saying ball flew through car window and hit her face

Evelyn Mohr claims she was driving by the Victoria Golf Club in Oak Bay when she was struck by a golf ball that came through her open car window.
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Les Leyne: We're nearing the bottom of B.C. Hydro's bag of tricks to keep rates low

Les Leyne: We're nearing the bottom of B.C. Hydro's bag of tricks to keep rates low

B.C. Hydro needs an ocean of new money sooner rather than later.
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B.C. judge calls lawyer's use of fake AI cases 'alarming'

B.C. judge calls lawyer's use of fake AI cases 'alarming'

Vancouver family lawyer Chong Ke has been ordered to pay court costs after submitting fake AI-generated court cases to opposing counsel; Ke was spared from more serious punitive 'special costs.'
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