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Economy, Law & Politics

Bank of Canada weighed June rate cut — but trade uncertainty kept it on hold

Bank of Canada weighed June rate cut — but trade uncertainty kept it on hold

OTTAWA — New meeting records show the Bank of Canada's top decisionmakers were weighing an interest rate cut earlier this month but didn't feel like they knew enough about how the tariff dispute with the United States would unfold to pull the trigger
DHL Express to suspend operations countrywide amid strike, lockout

DHL Express to suspend operations countrywide amid strike, lockout

DHL Express Canada plans to shut down operations across the country this week amid a strike and lockout involving 2,100 truck drivers and other workers, adding to turmoil in the parcel market.
U.S. trade, geopolitics top financial concerns among Canadians: HOOPP survey

U.S. trade, geopolitics top financial concerns among Canadians: HOOPP survey

TORONTO — A new survey finds geopolitical instability and U.S. trade tensions are top sources of financial concern for Canadians, and even impacting retirement planning for some.
Statistics Canada updates CPI basket, raises weight of shelter and transportation

Statistics Canada updates CPI basket, raises weight of shelter and transportation

OTTAWA — Statistics Canada on Tuesday updated the basket weights for the goods and services it uses to determine inflation, increasing the influence of the shelter and transportation components.
Federal government says it will move open banking forward at 'earliest opportunity'

Federal government says it will move open banking forward at 'earliest opportunity'

OTTAWA — The federal government says it will introduce legislation to implement open banking at its "earliest opportunity" as some advocates warn the project's momentum may have stalled.
The Power of Mentorship

The Power of Mentorship

BIV and Big Sisters of B.C. Lower Mainland have partnered to spotlight mentor-mentee pairs
Trump leaves G7 summit early amid escalations in Middle East

Trump leaves G7 summit early amid escalations in Middle East

KANANASKIS — Escalating violence in the Middle East overshadowed movement on trade deals within the G7 on Monday, as U.S. President Donald Trump departed the summit in Alberta a day early because of the crisis in Israel and Iran.
Liberals under fire for rushing bill through Parliament to speed up resource projects

Liberals under fire for rushing bill through Parliament to speed up resource projects

OTTAWA — Prime Minister Mark Carney’s government is coming under fire for seeking to rush through a major piece of legislation that grants cabinet sweeping powers to quickly approve major projects.
B.C. Opposition Leader John Rustad accuses former Conservative MLAs of blackmail

B.C. Opposition Leader John Rustad accuses former Conservative MLAs of blackmail

VICTORIA — British Columbia Conservative Leader John Rustad is accusing a group of legislators who split from the party of blackmailing its members and staff in a bid to take over and divide the Opposition.
May calls Carney's decision to limit debate on major projects bill a 'new low'

May calls Carney's decision to limit debate on major projects bill a 'new low'

OTTAWA — Green Party Leader Elizabeth May said Monday that Prime Minister Mark Carney's decision to ram his government's major projects bill through the House of Commons this week represents a “new low” in contempt for Parliament.