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Economy, Law & Politics

Rate expectations: What’s the neutral rate, and why did the Bank of Canada raise it?

The Bank of Canada's interest rate decision on Wednesday didn’t bring cuts, but it did bring new insight into where the central bank thinks interest rates may be headed.
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Rob Shaw: Surrey policing dispute heats up again as mayor spurns $250M offer

Rob Shaw: Surrey policing dispute heats up again as mayor spurns $250M offer

Mayor Brenda Locke prepares to play election-time game of chicken with BC NDP
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Bryan Yu: B.C. business optimism improves a bit and payroll counts increase

Bryan Yu: B.C. business optimism improves a bit and payroll counts increase

B.C. job market sees growth in services sector, manufacturing remains flat
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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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Les Leyne: Kickback probe could shape carbon-tax fight

Les Leyne: Kickback probe could shape carbon-tax fight

How will B.C.’s carbon tax weather the political storm that erupted this week?
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B.C. moves alone on Surrey Police Service after mayor, council refuse to leave RCMP

B.C. moves alone on Surrey Police Service after mayor, council refuse to leave RCMP

SURREY, B.C. — British Columbia is moving ahead with the transition to an independent police service in Surrey after the mayor and council refused to part ways with the RCMP.
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Two blows to B.C.'s credit status, as S&P cuts rating and Moody's turns negative

Two blows to B.C.'s credit status, as S&P cuts rating and Moody's turns negative

NEW YORK — British Columbia's credit status took a double blow on Tuesday, with S&P downgrading the province due to the risk of "outsize" deficits, and Moody's turning its outlook negative.
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No need to overturn nomination amid alleged irregularities, Liberal official says

No need to overturn nomination amid alleged irregularities, Liberal official says

OTTAWA — The director of the Liberal election campaign in 2019 says he recommended Justin Trudeau take no action on alleged nomination irregularities in a Toronto riding.
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Assembly of First Nations says $349B is needed to close infrastructure gap by 2030

Assembly of First Nations says $349B is needed to close infrastructure gap by 2030

OTTAWA — Decades of underfunding and failed fiduciary duties have already left a $349-billion infrastructure gap on First Nations that will get increasingly worse without immediate investments in everything from housing to roads to schools, a new rep
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B.C. announces one-time $430 rent relief benefit to low-income seniors

B.C. announces one-time $430 rent relief benefit to low-income seniors

VICTORIA — The British Columbia government is granting a one-time $430 benefit to the roughly 20,000 seniors in its support program for elderly low-income renters. B.C.
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