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Economy, Law & Politics

Settlement reached in complaint over Canada Post layoffs as strike hits four weeks

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.
Canada preparing retaliatory tariffs, as Ford threatens to cut off energy to U.S.

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.
Stock market today: Wall Street stalls following some discouraging updates on the economy

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.
Statistics Canada says household debt-to-disposable income ratio falls in Q3

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.
U.S. SEC can't seek account for $3.3M sale of Kitsilano home, B.C. judge rules

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.
Metro Âé¶¹´«Ã½Ó³»­seeks 'media monitor' amid budget woes

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."
Labour minister says Ottawa will remain on sideline as postal strike nears four weeks

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.
S&P/TSX composite up more than 150 points, U.S. stock markets mixed

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.
Stock market today: Wall Street gets back to climbing, sending Nasdaq to a record

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.
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.
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