Economy, Law & Politics

Bank of Canada may need to raise rates again, despite this week's hold: Macklem

OTTAWA — The Bank of Canada may have to raise interest rates further, given that inflation may stay high for some time, said governor Tiff Macklem Thursday.

Sep 7, 2023 2:19 PM Read more >

Vancouver proposes more parking meters, increase to short-term rental licence fee

City staff recommends $15.2M in new revenues to offset huge property tax hike anticipated in 2024.

Sep 7, 2023 1:45 PM Read more >

Sajjan says Ottawa looking at disaster response options in wake of wildfires

OTTAWA — Canada's record-setting wildfire season is spurring the federal government to consider how to tackle future fires, floods or earthquakes.

Sep 7, 2023 1:26 PM Read more >

Kevin Falcon vows to reopen B.C. offices in China

In 2019, the NDP announced the closure of B.C.’s contracted offices in 13 Asian cities, and moved toward embedding trade-focused staff in Canadian embassies and consulates

Sep 7, 2023 11:45 AM Read more >

Chamber president wants ‘Citizen’s Republic’ of Point Roberts

In June, Brian Calder wrote a letter to U.S. President Joe Biden and state legislators asking for the resumption of Canadians being allowed to work in Point Roberts part-time.

Sep 7, 2023 8:00 AM Read more >

Poilievre ties Trudeau as Canadians’ preferred prime minister, new polling shows

Research Co. and Glacier Media surveying also found that one in four Canadians say housing, homelessness and poverty is the most important issue facing the country

Sep 7, 2023 5:00 AM Read more >

Data points: Retail spending reveals that our economy is slowing somewhat

It is early in the slowdown as cumulative rate hikes continue to work through the economy, writes Bryan Yu

Sep 6, 2023 4:21 PM Read more >

B.C. sees more strikes as days lost to job action accumulate

Number of days lost to job action far fewer than amid labour strife in the 1970s, 1980s

Sep 6, 2023 1:36 PM Read more >

Weakening economy convinces BoC to hold key rate, but door to more hikes stays open

OTTAWA — The Bank of Canada decided to hold its key interest rate steady on Wednesday amid mounting evidence the economy is slowing, but the central bank isn't declaring victory yet as it remains cautious to not fuel speculation about rate cuts.

Sep 6, 2023 11:24 AM Read more >

Statistics Canada says country posted $987M merchandise trade deficit in July

OTTAWA — Lower shipments of gold and the B.C. port strike weighed on imports as Canada's merchandise trade deficit for July narrowed compared with June, Statistics Canada said Wednesday.

Sep 6, 2023 9:29 AM Read more >