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Economy, Law & Politics

Federal government posts $3.6 billion deficit between April and November

Federal government posts $3.6 billion deficit between April and November

OTTAWA — The federal government posted a budgetary deficit of $3.6 billion in the first eight months of the fiscal year. In its monthly fiscal monitor, the finance department says the deficit compares to a deficit of $73.
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Opinion: NDP has more questions than answers on Surrey policing issue

Opinion: NDP has more questions than answers on Surrey policing issue

The BC NDP government is stalling for time on Surrey policing, as it struggles to figure out what is true amidst all the political rhetoric flying around in the debate over the future of the city’s police force.
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Opinion: Eby government needs to tackle B.C.’s tax competitiveness problem

Opinion: Eby government needs to tackle B.C.’s tax competitiveness problem

British Columbia’s approach to business taxation has long been uncompetitive with other large provinces. Thanks to a poorly designed sales tax, the province has one of the highest effective tax rates on new business investment in Canada.
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The economics of immigration: A boon for B.C. with support in place

The economics of immigration: A boon for B.C. with support in place

Record numbers of newcomers to Canada mean busy support services, accommodation concerns and big questions about the future.
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Provincial governments not jumping to act on tighter alcohol warning guidelines

Provincial governments not jumping to act on tighter alcohol warning guidelines

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Opinion: Prompt payment legislation needed to keep contractors afloat

Opinion: Prompt payment legislation needed to keep contractors afloat

It may come as a shock to other industries, but in the Industrial, commercial, institutional and multi-unit residential construction sector, contractors aren’t paid upon completion of their work.
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Opinion: Eby blowing surplus on wasteful spending instead of paying down debt

Opinion: Eby blowing surplus on wasteful spending instead of paying down debt

Think of provincial finances like your family budget. Right now, Premier David Eby has a big debt to settle.
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Former Victoria mayor appointed as housing adviser for province

Former Victoria mayor appointed as housing adviser for province

Lisa Helps will help develop the province’s B.C. Builds program, an initiative to build housing for middle-income families, individuals and seniors.
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Opinion: It’s time to prepare for the worst to protect against a downturn

Opinion: It’s time to prepare for the worst to protect against a downturn

Storm clouds are gathering over B.C.’s construction industry as we enter 2023. For more than a decade, cheap money has helped fuel a booming sector.
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S&P/TSX composite down in late-morning trading, U.S. stock markets mixed

S&P/TSX composite down in late-morning trading, U.S. stock markets mixed

TORONTO — Canada's main stock index was down in late-morning trading amid losses in the industrial and technology sectors, while U.S. stock markets were mixed. The S&P/TSX composite index was down 25.56 points at 20,574.04.
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