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Economy, Law & Politics

Summer holidays on ice? Poll shows British Columbians 'completely tapped out'

Summer holidays on ice? Poll shows British Columbians 'completely tapped out'

That's especially true among women and parents, suggests a new survey.
Border agencies in Canada, U.S. detail how new Nexus trusted-traveller plan will work

Border agencies in Canada, U.S. detail how new Nexus trusted-traveller plan will work

WASHINGTON — Canada and the United States are laying out the details of their new bilateral workaround for the Nexus trusted-traveller system. The biggest change, to take effect in the spring, will allow U.S.
Here's what another Bank of Canada rate hike means for Canadians

Here's what another Bank of Canada rate hike means for Canadians

TORONTO — The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent — the highest it's been since 2007.
Macklem says government will make changes to deal with Bank of Canada losses

Macklem says government will make changes to deal with Bank of Canada losses

OTTAWA — Bank of Canada 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 Canada's latest rate hike means for mortgage holders

What the Bank of Canada'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 Canada 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 — Canada'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.
B.C. nets ‘impressive’ population growth

B.C. nets ‘impressive’ population growth

After faltering early during the pandemic, population growth in Canada’s large urban markets regained their mojo as immigration returned with a vengeance. On a July-to-July basis, Canada’s population grew 1.
B.C. scores poor grades on gender equality action: report

B.C. 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 B.C.
BoC hikes key interest rate by quarter of percentage point

BoC hikes key interest rate by quarter of percentage point

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

Bank of Canada interest rate hits 4.5%. Here's a timeline of how we got here

OTTAWA — The Bank of Canada is expected to hike its key interest rate by another quarter-percentage point on Wednesday, bringing it to 4.