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Economy, Law & Politics

Likelihood of Canadian recession set to rise in 2025

Likelihood of Canadian recession set to rise in 2025

With lower immigration and Trump tariffs looming, some say the economy is already there
Tory organizer says Liberal leadership contest rules ensure a Freeland-Carney race

Tory organizer says Liberal leadership contest rules ensure a Freeland-Carney race

OTTAWA — Former central banker Mark Carney will launch his highly anticipated bid to lead the Liberal party at an event in Edmonton on Thursday, a week ahead of a fast-approaching deadline to enter the race.
S&P/TSX composite rises 200 points, U.S. stock markets also surge higher

S&P/TSX composite rises 200 points, U.S. stock markets also surge higher

TORONTO — Canada's main stock index rose 200 points Wednesday amid a broad-based rally led by technology, financials and base metals, while U.S.

Stock market today: Wall Street rips higher after inflation data and strong bank profits

NEW YORK (AP) — U.S. stocks ripped higher after an encouraging update on U.S. inflation. The S&P 500 jumped 1.8% for its best day in two months Wednesday. The Dow Jones Industrial Average climbed 1.7%, and the Nasdaq composite gained 2.5%.
Green Party’s Adriane Carr resigns Vancouver council seat

Green Party’s Adriane Carr resigns Vancouver council seat

Carr: 'I have lost trust and confidence in the mayor. In my opinion, some of his actions do not genuinely mesh with his mantra that we are all one team.'
Canada says it has border under control just ahead of Trump inauguration

Canada says it has border under control just ahead of Trump inauguration

OTTAWA — Ottawa has added 60 new drones at the Canada-U.S. border and the RCMP will deploy two new helicopters this week as officials move to ratchet up security.
Public pension holdings in natural gas companies a risk: report

Public pension holdings in natural gas companies a risk: report

TORONTO — Canada's public pension funds should rethink the billions of dollars they've invested in natural gas infrastructure amid the global push to reduce emissions, a report out Wednesday from a climate advocacy group says.
Many still see inflation, cost of living as biggest financial challenge of 2025: TD

Many still see inflation, cost of living as biggest financial challenge of 2025: TD

TORONTO — Almost half of Canadians say inflation and the cost of living will continue to be the biggest financial challenge they face this year, according to a new survey from TD Bank.
Bryan Yu: B.C. retail sales posted a stronger start to Q4

Bryan Yu: B.C. retail sales posted a stronger start to Q4

October sales growth underscores the province’s economic resilience
B.C. man’s trust company fraud sentencing delayed

B.C. man’s trust company fraud sentencing delayed

Amir-Atae Taeb is charged with fraud over $5,000 in connection with Olympia Trust Company incidents.
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