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Economy, Law & Politics
Economy, Law & Politics
Settlement reached in complaint over Canada Post layoffs as strike hits four weeks
OTTAWA — The union representing Canada Post workers says an unfair labour practice complaint over the company's layoffs has been resolved, calling it an important victory for workers' rights.
Dec 12, 2024 8:40 AM
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Canada preparing retaliatory tariffs, as Ford threatens to cut off energy to U.S.
OTTAWA — Canada is preparing retaliatory tariffs in response to U.S.
Dec 12, 2024 7:07 AM
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Stock market today: Wall Street stalls following some discouraging updates on the economy
NEW YORK (AP) — U.S. stock indexes are stalling following some discouraging data on the economy. The S&P 500 fell 0.3% in early trading Thursday and was on track for its third loss in the last four days.
Dec 12, 2024 6:41 AM
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Statistics Canada says household debt-to-disposable income ratio falls in Q3
OTTAWA — Statistics Canada says the amount Canadian households owe relative to their income fell in the third quarter as a rise in disposable income outpaced the growth in debt. It was the sixth consecutive quarter that the measure declined.
Dec 12, 2024 6:23 AM
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U.S. SEC can't seek account for $3.3M sale of Kitsilano home, B.C. judge rules
Facing fraud charges in the U.S., Delta resident Jackson Friesen sold a detached home in Kitsilano before his assets could be frozen in B.C. Supreme Court; since it was determined Friesen committed fraud he says he now needs money to pay for an appeal of a $12-million penalty.
Dec 11, 2024 6:30 PM
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Metro Âé¶¹´«Ã½Ó³»seeks 'media monitor' amid budget woes
New West city councillor: "When things get really bad and this out of control, the first thing an organization will blame is the people reporting on the story itself."
Dec 11, 2024 4:00 PM
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Labour minister says Ottawa will remain on sideline as postal strike nears four weeks
The federal government has been under pressure from business groups to intervene in the strike, as it has done in recent high-profile labour disputes.
Dec 11, 2024 2:27 PM
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S&P/TSX composite up more than 150 points, U.S. stock markets mixed
TORONTO — Canada's main stock index gained more than 150 points Wednesday after the Bank of Canada cut interest rates, while U.S. stock markets were mixed, led by a 1.8 per cent gain on the Nasdaq after the latest inflation report.
Dec 11, 2024 2:12 PM
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Stock market today: Wall Street gets back to climbing, sending Nasdaq to a record
NEW YORK (AP) — Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500 gained 0.
Dec 11, 2024 1:04 PM
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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.
Dec 11, 2024 12:45 PM
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