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Economy, Law & Politics

Tech stocks lead market slide in U.S., Canada as AI news rattles investors

Tech stocks lead market slide in U.S., Canada as AI news rattles investors

TORONTO — Stock markets in Canada and the U.S.
First Nation sues province, Canada over B.C.'s second largest port

First Nation sues province, Canada over B.C.'s second largest port

Gitxaala Nation seeks declarations over Canada and B.C.'s failure to consult over the Port of Prince Rupert, as well as damages related to economic losses
Who's in and who's out of the Liberal leadership race

Who's in and who's out of the Liberal leadership race

OTTAWA — The federal Liberals are running their first leadership race in more than a decade to replace the departing Justin Trudeau. The deadline for registering to vote in the leadership contest passed on Jan. 27 and candidates have until Feb.
Federal inquiry into Canada Post kicks off hearings

Federal inquiry into Canada Post kicks off hearings

OTTAWA — Canada Post and representatives from its union squared off on Monday at a federal inquiry into the month-long strike that halted mail delivery across the country and the viability of the postal service's business model.
B.C. firm seeks injunction stopping capital gains hike proposed by federal Liberals

B.C. firm seeks injunction stopping capital gains hike proposed by federal Liberals

A law firm acting on behalf of a B.C. company is seeking an injunction stopping the Canada Revenue Agency from enforcing a proposed capital gains tax hike that has yet to pass in Parliament.
Rob Shaw: BC NDP left tiptoeing as Vancouver mayor redraws DTES playbook

Rob Shaw: BC NDP left tiptoeing as Vancouver mayor redraws DTES playbook

With little to show for its own promises, provincial government is treading lightly on Ken Sim’s Downtown Eastside strategy
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Metro results Metro Inc. is expected to release its first-quarter results on Tuesday and hold its annual meeting of shareholders.
Economists expecting sixth straight — but more modest — rate cut from Bank of Canada

Economists expecting sixth straight — but more modest — rate cut from Bank of Canada

TORONTO — Economic forecasts suggest the Bank of Canada will likely lower its key policy rate by a quarter of a percentage point on Wednesday in light of recent inflation and jobs data, bringing it down to three per cent.
Former trade rep says Alberta undermined Canada as Trump warns of failed-state status

Former trade rep says Alberta undermined Canada as Trump warns of failed-state status

OTTAWA — Ottawa's former chief trade negotiator Steve Verheul says Alberta is undermining Canada's attempts to prevent the U.S. from levying damaging tariffs — a measure U.S.
Dix in Delta to talk about US tariffs, BC food security

Dix in Delta to talk about US tariffs, BC food security

It’s more important than ever to support BC producers and build out capacity wherever possible, said Dix