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Economy, Law & Politics

Rate expectations: What’s the neutral rate, and why did the Bank of sa¹ú¼Ê´«Ã½ raise it?

The Bank of sa¹ú¼Ê´«Ã½'s interest rate decision on Wednesday didn’t bring cuts, but it did bring new insight into where the central bank thinks interest rates may be headed.
Bryan Yu: sa¹ú¼Ê´«Ã½ business optimism improves a bit and payroll counts increase

Bryan Yu: sa¹ú¼Ê´«Ã½ business optimism improves a bit and payroll counts increase

sa¹ú¼Ê´«Ã½ job market sees growth in services sector, manufacturing remains flat

Text of the Bank of sa¹ú¼Ê´«Ã½'s latest interest rate decision

OTTAWA — The Bank of sa¹ú¼Ê´«Ã½ kept its key interest rate target on hold at five per cent on Wednesday.
Les Leyne: Kickback probe could shape carbon-tax fight

Les Leyne: Kickback probe could shape carbon-tax fight

How will sa¹ú¼Ê´«Ã½â€™s carbon tax weather the political storm that erupted this week?
sa¹ú¼Ê´«Ã½ moves alone on Surrey Police Service after mayor, council refuse to leave RCMP

sa¹ú¼Ê´«Ã½ moves alone on Surrey Police Service after mayor, council refuse to leave RCMP

SURREY, sa¹ú¼Ê´«Ã½ — British Columbia is moving ahead with the transition to an independent police service in Surrey after the mayor and council refused to part ways with the RCMP.
Two blows to sa¹ú¼Ê´«Ã½'s credit status, as S&P cuts rating and Moody's turns negative

Two blows to sa¹ú¼Ê´«Ã½'s credit status, as S&P cuts rating and Moody's turns negative

NEW YORK — British Columbia's credit status took a double blow on Tuesday, with S&P downgrading the province due to the risk of "outsize" deficits, and Moody's turning its outlook negative.
No need to overturn nomination amid alleged irregularities, Liberal official says

No need to overturn nomination amid alleged irregularities, Liberal official says

OTTAWA — The director of the Liberal election campaign in 2019 says he recommended Justin Trudeau take no action on alleged nomination irregularities in a Toronto riding.
Assembly of First Nations says $349B is needed to close infrastructure gap by 2030

Assembly of First Nations says $349B is needed to close infrastructure gap by 2030

OTTAWA — Decades of underfunding and failed fiduciary duties have already left a $349-billion infrastructure gap on First Nations that will get increasingly worse without immediate investments in everything from housing to roads to schools, a new rep
sa¹ú¼Ê´«Ã½ announces one-time $430 rent relief benefit to low-income seniors

sa¹ú¼Ê´«Ã½ announces one-time $430 rent relief benefit to low-income seniors

VICTORIA — The British Columbia government is granting a one-time $430 benefit to the roughly 20,000 seniors in its support program for elderly low-income renters. sa¹ú¼Ê´«Ã½
Freeland doesn't rule out new taxes on wealthy or corporate sa¹ú¼Ê´«Ã½ in upcoming budget

Freeland doesn't rule out new taxes on wealthy or corporate sa¹ú¼Ê´«Ã½ in upcoming budget

OTTAWA — Finance Minister Chrystia Freeland has ruled out raising taxes on the middle class in the upcoming federal budget — but won't say if corporations or the wealthy are in for the same treatment.