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Banks lower prime rates following Bank of Canada move

Banks lower prime rates following Bank of Canada move

TORONTO — Canadian financial institutions are lowering their prime lending rates to match the half percentage point decrease announced today by the Bank of Canada.
BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward

BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward

OTTAWA — The Bank of Canada delivered another hefty interest rate cut as it acknowledged the economy has been weaker than it anticipated, but governor Tiff Macklem said Canadians should expect a slower pace of cuts moving forward.
Contrary to industry claims, red tape not slowing B.C. mineral boom, finds audit

Contrary to industry claims, red tape not slowing B.C. mineral boom, finds audit

Audit finds delays to approve dozens of B.C. mines were largely caused by market forces — not government permitting.
Rob Shaw: Don't blame B.C. businesses for being skeptical over Eby's 'reset'

Rob Shaw: Don't blame B.C. businesses for being skeptical over Eby's 'reset'

Years of rising costs, limited dialogue will likely leave businesses wary of premier's promises
TikTok files legal challenge of federal government's shutdown order

TikTok files legal challenge of federal government's shutdown order

TikTok is challenging the federal government’s order to shut down its operations in Canada, claiming it will eliminate hundreds of jobs and potentially terminate a quarter of a million contracts that it has with Canadian advertising clients.
MPs approve $21.6B in supplementary spending; Conservatives vote against

MPs approve $21.6B in supplementary spending; Conservatives vote against

OTTAWA — Parliament has approved $21.6 billion in government spending, in a late Tuesday vote in the House of Commons.
Union in B.C. port dispute seeks judicial review of federal back-to-work order

Union in B.C. port dispute seeks judicial review of federal back-to-work order

The dispute between Local 514's roughly 700 members and the BC Maritime Employers Association resulted in a shutdown of port facilities across the province between Nov. 4 and Nov. 14.
B.C. retailers in throes of one-of-a-kind holiday season

B.C. retailers in throes of one-of-a-kind holiday season

Merchants grapple with GST changes, Canada Post strike and a shortened shopping season
Poll suggests 13% of Canadians think Canada should become the 51st American state

Poll suggests 13% of Canadians think Canada should become the 51st American state

OTTAWA — President-elect Donald Trump mockingly referred to Prime Minister Justin Trudeau as the governor of the "Great State of Canada" on his social media account early Tuesday.
Freeland doesn't commit to meeting her own deficit target in fall economic statement

Freeland doesn't commit to meeting her own deficit target in fall economic statement

OTTAWA — Finance Minister Chrystia Freeland has not committed to meeting the $40.