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Economy, Law & Politics

RBC, National Bank shares hit record highs on strong earnings

RBC, National Bank shares hit record highs on strong earnings

TORONTO — Shares of Royal Bank of Canada and National Bank hit all-time highs on Wednesday as the two banks reported earnings that topped expectations.
S&P/TSX composite down, U.S. stock markets also fall ahead of Nvidia earnings

S&P/TSX composite down, U.S. stock markets also fall ahead of Nvidia earnings

TORONTO — Canada's main stock index fell on Wednesday, led by technology and base metals, while U.S. markets were also down ahead of a much-anticipated earnings report from Nvidia. The Nasdaq fell 1.1 per cent as large tech stocks led the way lower.
Stock market today: Losses for Big Tech companies lead Wall Street lower

Stock market today: Losses for Big Tech companies lead Wall Street lower

Losses for several big technology companies pulled the stock market lower. The S&P 500 fell 0.6% Wednesday, weighed down by drops in Nvidia, Apple, Microsoft and Amazon. The Dow Jones Industrial Average fell 0.4%.
Canada Post at 'critical juncture,' financial situation unsustainable: board chair

Canada Post at 'critical juncture,' financial situation unsustainable: board chair

The chair of Canada Post’s board says the organization’s financial situation is unsustainable. "The board and senior management recognize that Canada Post is at a critical juncture," said André Hudon at its annual general meeting on Wednesday.
Judge acquits Canadian Pacific of contempt of court in ruling tied to long work hours

Judge acquits Canadian Pacific of contempt of court in ruling tied to long work hours

OTTAWA — A Federal Court of Appeal judge has acquitted Canadian Pacific Kansas City Ltd. of contempt of court related to excessively long hours worked by employees.
Not enough local workers applying for jobs, some Island employers say

Not enough local workers applying for jobs, some Island employers say

Some businesses, especially in food industry, worry they won’t be able to hire enough workers.
B.C. government says $3.5B invested in seniors since 2018

B.C. government says $3.5B invested in seniors since 2018

Vancouver’s seniors' housing strategy cites shortage in long-term care beds, inadequate rent subsidy program.
'Loopy', 'whacky' or a 'big blue tent'? Growing pains for Rustad's B.C. Conservatives

'Loopy', 'whacky' or a 'big blue tent'? Growing pains for Rustad's B.C. Conservatives

The B.C. Conservatives received less than two per cent of the popular vote in the 2020 provincial election, but now are challenging Eby's New Democrats to possibly form government.
Opinion: Efforts to modernize the Columbia River Treaty provide an opportunity to right the wrongs of the past

Opinion: Efforts to modernize the Columbia River Treaty provide an opportunity to right the wrongs of the past

The Canada-U.S. Columbia River is relied upon by millions and governed by a treaty in desperate need of updating. Here is how a modern Columbia River Treaty could work.
Stock market today: Dow Jones Industrial Average inches up to another record high in mixed trading

Stock market today: Dow Jones Industrial Average inches up to another record high in mixed trading

Wall Street notched another record high Tuesday, even as major stock indexes barely budged after a listless day of trading. The Dow Jones Industrial Average rose 9 points, or less than 0.