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Economy, Law & Politics

Fed lifts rate by quarter-point and signals more hikes ahead

Fed lifts rate by quarter-point and signals more hikes ahead

WASHINGTON (AP) — The Federal Reserve extended its fight against high inflation Wednesday by raising its key interest rate by a quarter-point, its eighth hike since March.
Former Alberta top doctor, Deena Hinshaw, finds temporary public health post in B.C.

Former Alberta top doctor, Deena Hinshaw, finds temporary public health post in B.C.

VICTORIA — The former chief medical officer of health in Alberta, Dr. Deena Hinshaw, has a new short-term role as the deputy provincial health officer in British Columbia. B.C.'s provincial health officer, Dr.
Food prices set to increase — again — as blackout on price hikes ends at some stores

Food prices set to increase — again — as blackout on price hikes ends at some stores

TORONTO — Higher grocery prices are expected to hit stores across Canada soon as a blackout on price increases over the holiday season comes to an end. Last fall, Loblaw Cos. Ltd.
Canaccord Genuity buying Mercer's Canadian private wealth business

Canaccord Genuity buying Mercer's Canadian private wealth business

Canaccord Genuity Group Inc. has signed a deal to acquire the Canadian private wealth business of Mercer Global Investments Canada Ltd. Financial terms of the agreement were not immediately available.
Immigration increase alone won't fix the labour market, experts say

Immigration increase alone won't fix the labour market, experts say

Experts say Canada’s plan to increase immigration may ease some pressures in the labour market, but bigger changes are needed to ensure new permanent residents are matched with the jobs that most need filling.
Opinion: More than half of British Columbians ready for a new PM, says poll

Opinion: More than half of British Columbians ready for a new PM, says poll

Growing number of British Columbians feel ready for a change in Ottawa
B.C. woman's delayed baggage claim against Air Canada tossed out on technicalities

B.C. woman's delayed baggage claim against Air Canada tossed out on technicalities

The passenger did not file a claim within 21 days of the delayed baggage arrival.
Raven launches $100M Indigenous-focused VC fund

Raven launches $100M Indigenous-focused VC fund

Capital set to go to Indigenous ventures that demonstrate viability
S&P/TSX composite gains 200 points Tuesday, U.S. markets also up

S&P/TSX composite gains 200 points Tuesday, U.S. markets also up

TORONTO — Strength in the technology and base metal sectors helped Canada's main stock index post a triple-digit advance in late-morning trading, while U.S. stock markets also climbed higher. The S&P/TSX composite index was up 124.
Canadian economy grew slightly in November, expected to slow further

Canadian economy grew slightly in November, expected to slow further

OTTAWA — The Canadian economy grew slightly in November and looks to have stalled further at the end of the year as higher interest rates began to slow spending.