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Economy, Law & Politics

Throne speech adopted without a vote in House of Commons

Throne speech adopted without a vote in House of Commons

A vote on the throne speech would have been a confidence matter. If the government loses a confidence vote, it's defeated — and that can lead to a snap election.
Should Vancouver’s civic elections be run by Elections BC?

Should Vancouver’s civic elections be run by Elections BC?

ABC Vancouver councillors make unsuccessful push to have province’s electoral organization take over city elections
S&P/TSX composite closes down almost 100 points as tariffs weigh on market

S&P/TSX composite closes down almost 100 points as tariffs weigh on market

TORONTO — A sharp increase in tariffs the U.S. put on Canadian steel and aluminum Wednesday weighed on markets but investors were relieved Donald Trump’s latest attack didn’t exact the same damage as prior rounds.
Wall Street drifts following some discouraging updates on the economy

Wall Street drifts following some discouraging updates on the economy

NEW YORK (AP) — U.S. stocks drifted through a quiet day of trading as Wall Street’s momentum slowed following its big recent rally. The S&P 500 was essentially flat Wednesday and is within 2.8% of its all-time high.
Inflation volatility, tariff uncertainty keep Bank of Canada sidelined

Inflation volatility, tariff uncertainty keep Bank of Canada sidelined

OTTAWA — The unpredictability of the United States' trade war and signs of creeping inflation kept the Bank of Canada's interest rate on hold for a second consecutive decision on Wednesday — even as the central bank braces for an economic hit.
Rob Shaw: PHSA CEO still advising health minister despite full-time, $350K appointment

Rob Shaw: PHSA CEO still advising health minister despite full-time, $350K appointment

BC NDP says PHSA job needs Penny Ballem's full attention. So why is she still advising the minister?
Bryan Yu: B.C. retail sales see slight rebound as provincial inflation eases

Bryan Yu: B.C. retail sales see slight rebound as provincial inflation eases

Rising auto and clothing sales lift retail spending, but inflation pressures persist beyond falling gas prices
Carney says he'll 'take note' of opposition motion to table a spring economic update

Carney says he'll 'take note' of opposition motion to table a spring economic update

OTTAWA — Prime Minister Mark Carney said he will "take note" of the successful opposition motion to add language calling for a spring economic update to the throne speech, but did not say when or how that will happen.
U.S., Canadian markets move higher as investors shrug off tariff 'noise'

U.S., Canadian markets move higher as investors shrug off tariff 'noise'

Canada's main stock index edged up and U.S. markets climbed as investors tried to tune out the latest noise from U.S. President Donald Trump's tariff war.
Wall Street rises again as US stocks pull closer to their records

Wall Street rises again as US stocks pull closer to their records

NEW YORK (AP) — U.S. stocks drifted higher and pulled closer to their record as the wait continues for more updates on President Donald Trump’s tariffs and how much they’re affecting the economy. The S&P 500 rose 0.