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Economy, Law & Politics

Provinces decry Ottawa's plan to resettle asylum seekers across the country

Provinces decry Ottawa's plan to resettle asylum seekers across the country

FREDERICTON — Provincial leaders across Canada are taking turns criticizing the federal Liberal government's proposal to alleviate immigration pressure on Quebec and Ontario by resettling asylum seekers more equitably across the country.
B.C. to scrap consumer carbon tax if federal government drops legal requirement: Eby

B.C. to scrap consumer carbon tax if federal government drops legal requirement: Eby

British Columbia's provincial carbon tax has been in place since 2008, when it became the first jurisdiction in North America to put a price on carbon emissions, but Premier David Eby said the carbon tax issue has since been "politicized."
Foreign crypto exchanges defy B.C. regulators

Foreign crypto exchanges defy B.C. regulators

Enforcement efforts hindered as foreign platforms defy sanctions, exposing gaps in provincial regulation
Richmond money service business fails to report suspicious transactions, fined $315K

Richmond money service business fails to report suspicious transactions, fined $315K

Richmond's Canada Changjiang Management Ltd. has been fined for six violations of Canadian anti-money laundering and anti-terrorist financing regulations.
B.C. signs national pharmacare deal with Ottawa, promises to expand drug coverage

B.C. signs national pharmacare deal with Ottawa, promises to expand drug coverage

B.C.'s portion of the $1.5-billion national plan is estimated to be $195 million.
Singh says NDP drafting climate plan, won't say if it'll include consumer carbon tax

Singh says NDP drafting climate plan, won't say if it'll include consumer carbon tax

MONTREAL — NDP Leader Jagmeet Singh won't say whether he would keep the consumer carbon price if his party forms government after the next election.
S&P/TSX composite up more than 1%, U.S. stock markets also rise

S&P/TSX composite up more than 1%, U.S. stock markets also rise

TORONTO — Canada's main stock index gained more than one per cent Thursday on the back of the base metal, energy and industrial sectors, while U.S. markets also rose. The S&P/TSX composite index closed up 263.97 points at 23,475.14.
Dry conditions mean increased wildfire risk in B.C. through the fall

Dry conditions mean increased wildfire risk in B.C. through the fall

VANCOUVER — An expert with the BC Wildfire Service says relentless drought conditions for much of British Columbia sets the stage for more fire activity this fall.
Stock market today: Wall Street rises closer to its record high

Stock market today: Wall Street rises closer to its record high

NEW YORK (AP) — U.S. stocks rose closer to their all-time highs following a couple reports on the economy that came in close to expectations. The S&P 500 climbed 0.7% Thursday and pulled back within 1.3% of its record set in July.
Opinion: Tariffs on Chinese EVs threaten to leave B.C. drivers in the dust

Opinion: Tariffs on Chinese EVs threaten to leave B.C. drivers in the dust

Softening demand, international tariffs and energy shortages could stall province’s transition to electric vehicles under the CleanBC plan