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Economy, Law & Politics

S&P/TSX composite edges lower Monday across sectors, U.S. stocks also slip

S&P/TSX composite edges lower Monday across sectors, U.S. stocks also slip

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index lost more than 100 points Monday on broad-based weakness while U.S. markets were also down, with the Nasdaq slipping one per cent. The S&P/TSX composite index was down 129.42 points at 20,628.92.
Feds will increase annual health transfer and offer targeted funding with conditions

Feds will increase annual health transfer and offer targeted funding with conditions

OTTAWA — Prime Minister Justin Trudeau will offer the provinces a "significant" increase to the sa¹ú¼Ê´«Ã½ Health Transfer and additional money if they agree to one-on-one deals targeting specific problem areas in the health-care system.
S&P/TSX composite down in late-morning trading, U.S. stock markets also lower

S&P/TSX composite down in late-morning trading, U.S. stock markets also lower

TORONTO — sa¹ú¼Ê´«Ã½'s main stock index was down in late-morning trading as losses in the base metals sector helped lead stocks lower, while U.S. stock markets also fell to start the week. The S&P/TSX composite index was down 82.08 points at 20,676.
Richmond Centre Liberal among top spenders in House of Commons

Richmond Centre Liberal among top spenders in House of Commons

The money was spent on "contracts," an umbrella term used for services, advertising, gifts, office leases, operations and training.
Five things to know about health-care talks Tuesday between Trudeau, premiers

Five things to know about health-care talks Tuesday between Trudeau, premiers

OTTAWA — On Tuesday in Ottawa, sa¹ú¼Ê´«Ã½'s 13 premiers and Prime Minister Justin Trudeau will sit around the same table in person for the first time since COVID-19 hoping to find a path toward a new long-term health-care funding deal.
BoC's first summary of deliberations coming this week. Here's what to expect

BoC's first summary of deliberations coming this week. Here's what to expect

OTTAWA — The Bank of sa¹ú¼Ê´«Ã½ is set to publish its first summary of deliberations Wednesday, giving Canadians a peak into the governing council's reasoning behind its decision to raise interest rates last month.
Canadian dollar's outlook for 2023 uncertain as interest rate hikes wane: experts

Canadian dollar's outlook for 2023 uncertain as interest rate hikes wane: experts

Experts say the outlook for the loonie in 2023 largely depends on commodity prices, how the U.S. dollar fares, and whether central banks are successful in avoiding a major recession.
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: Bank of sa¹ú¼Ê´«Ã½ Bank of sa¹ú¼Ê´«Ã½ governor Tiff Macklem will give a speech in Quebec City on monetary policy on Tuesday and hold a news conference.
Carbon tax adding to inflation woes for sa¹ú¼Ê´«Ã½ residents

Carbon tax adding to inflation woes for sa¹ú¼Ê´«Ã½ residents

Prince George man says people paying price for carbon dioxide emissions essential for plant growth
Top business stories of the week (Jan. 30 - Feb.3)

Top business stories of the week (Jan. 30 - Feb.3)

The biggest stories on the Bizwire we've been following this past week