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Economy, Law & Politics

Wall Street drifts through a rare quiet day following weeks of tariff turmoil

Wall Street drifts through a rare quiet day following weeks of tariff turmoil

NEW YORK (AP) — U.S. stocks drifted to a mixed close in a rare quiet day for financial markets worldwide. The S&P 500 slipped 0.2% Tuesday. The Dow Jones Industrial Average fell 0.4%, and the Nasdaq composite slipped less than 0.1%.
Ottawa says automakers that keep building in Canada will get a tariff exemption

Ottawa says automakers that keep building in Canada will get a tariff exemption

WASHINGTON — Automobile companies that continue to manufacture vehicles in Canada will get an exemption from Ottawa's retaliatory tariffs as U.S. President Donald Trump attempts to upend the North American industry with steep import duties.
Bank of Canada rate decision too close to call after soft March inflation report

Bank of Canada rate decision too close to call after soft March inflation report

OTTAWA — A surprise slowdown in inflation last month has turned the Bank of Canada's interest rate decision on Wednesday into a coin toss, with some economists leaning toward a hold and others saying a cut is warranted.
Rob Shaw: Rustad wants a pay bump for MLAs. Does he have a point?

Rob Shaw: Rustad wants a pay bump for MLAs. Does he have a point?

Politicians face a third pay freeze, even as staffers see major increases. Are we asking public servants to do too much for too little?
Pivoting away from the U.S. economy could be unrealistic for Canada

Pivoting away from the U.S. economy could be unrealistic for Canada

The deep integration and proximity of the Canada-U.S. economies could make negotiations inevitable, one expert argues
Mario Canseco: Carney overtakes Poilievre as most trusted on the economy, says poll

Mario Canseco: Carney overtakes Poilievre as most trusted on the economy, says poll

Research Co. survey reveals Canadians are placing more trust in the new Liberal leader to manage the country's finances
Les Leyne: Minister says U.S. customers 'fearful' of protesting duties

Les Leyne: Minister says U.S. customers 'fearful' of protesting duties

U.S. organizations and businesses that will have to deal with increased lumber prices when higher duties hit seem reluctant to speak up, fearing retribution from the Trump administration
Vancouver police chief Adam Palmer earned $487,224 in 2024

Vancouver police chief Adam Palmer earned $487,224 in 2024

Palmer leaves VPD this month to join RCMP, while deputy chief Fiona Wilson becomes new chief of Victoria Police Department
Trump floats another pause on automobile tariffs

Trump floats another pause on automobile tariffs

WASHINGTON — President Donald Trump on Monday floated another possible pause on automobile tariffs to give companies time to set up U.S. supply chains, bringing more uncertainty to the deeply integrated North American vehicle industry.
Poilievre pledges to use the notwithstanding clause, Carney talks defence procurement

Poilievre pledges to use the notwithstanding clause, Carney talks defence procurement

OTTAWA — Conservative Leader Pierre Poilievre is promising that a government led by him would use the notwithstanding clause to override Charter rights to implement his tough-on-crime agenda — something no prime minister has ever done.
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