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Economy, Law & Politics

Macklem says government will make changes to deal with Bank of sa¹ú¼Ê´«Ã½ losses

Macklem says government will make changes to deal with Bank of sa¹ú¼Ê´«Ã½ losses

OTTAWA — Bank of sa¹ú¼Ê´«Ã½ governor Tiff Macklem says the federal government is working on legislative changes that will allow the central bank to temporarily retain profits to cover losses related to policy decisions made to boost the economy during th
What the Bank of sa¹ú¼Ê´«Ã½'s latest rate hike means for mortgage holders

What the Bank of sa¹ú¼Ê´«Ã½'s latest rate hike means for mortgage holders

TORONTO — Canadians who watched the cost of taking out a mortgage steadily increase over the last year were dealt another blow when the Bank of sa¹ú¼Ê´«Ã½ upped its interest rate to 4.5 per cent Wednesday.
S&P/TSX composite slightly down on energy and industrials; U.S. stock markets mixed

S&P/TSX composite slightly down on energy and industrials; U.S. stock markets mixed

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index was down more than 100 points in late-morning trading led lower by losses in the energy and industrial sectors, while U.S. stock markets also fell. The S&P/TSX composite index was down 114.31 points at 20,515.
sa¹ú¼Ê´«Ã½ nets ‘impressive’ population growth

sa¹ú¼Ê´«Ã½ nets ‘impressive’ population growth

After faltering early during the pandemic, population growth in sa¹ú¼Ê´«Ã½â€™s large urban markets regained their mojo as immigration returned with a vengeance. On a July-to-July basis, sa¹ú¼Ê´«Ã½â€™s population grew 1.
sa¹ú¼Ê´«Ã½ scores poor grades on gender equality action: report

sa¹ú¼Ê´«Ã½ scores poor grades on gender equality action: report

A new report card from West Coast LEAF says the provincial government is failing to meet urgent needs of marginalized people in sa¹ú¼Ê´«Ã½
BoC hikes key interest rate by quarter of percentage point

BoC hikes key interest rate by quarter of percentage point

OTTAWA — The Bank of sa¹ú¼Ê´«Ã½ is raising its key interest rate by a quarter of a percentage point, bringing it to 4.5 per cent.
Bank of sa¹ú¼Ê´«Ã½ interest rate hits 4.5%. Here's a timeline of how we got here

Bank of sa¹ú¼Ê´«Ã½ interest rate hits 4.5%. Here's a timeline of how we got here

OTTAWA — The Bank of sa¹ú¼Ê´«Ã½ is expected to hike its key interest rate by another quarter-percentage point on Wednesday, bringing it to 4.
sa¹ú¼Ê´«Ã½'s passport application backlog now 'virtually eliminated,' minister says

sa¹ú¼Ê´«Ã½'s passport application backlog now 'virtually eliminated,' minister says

OTTAWA — The federal government declared victory over a massive backlog of passport applications Tuesday as the social development minister announced that 98 per cent of the delayed applications have now been processed.
sa¹ú¼Ê´«Ã½ Premier David Eby spent $338K on leadership campaign

sa¹ú¼Ê´«Ã½ Premier David Eby spent $338K on leadership campaign

The sa¹ú¼Ê´«Ã½ premier technically went unchallenged last fall following the disqualification of leadership hopeful Anjali Appadurai.
Extinction Rebellion roadblock organizer pleads guilty to mischief charges

Extinction Rebellion roadblock organizer pleads guilty to mischief charges

Almost a year after forming a company to organize illegal roadblocks, a leader of three climate change protest brands pleaded guilty to five mischief charges Monday in Vancouver Provincial Court.