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Economy, Law & Politics

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.
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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.
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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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Kirk LaPointe: BC Conservatives feast on themselves as voters starve for attention

Kirk LaPointe: BC Conservatives feast on themselves as voters starve for attention

Caucus squabbles over municipal matters overshadow province's pressing challenges
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Being assaulted is not part of journalists' work, B.C. judge says in spitting case

Being assaulted is not part of journalists' work, B.C. judge says in spitting case

CBC journalists Shawn Foss and Dan Burritt were covering a Freedom Convoy vaccine protest in February 2022 when a protester spat on Foss, a cameraman.
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Rob Shaw: Don't blame B.C. businesses for being skeptical over Eby's 'reset'

Rob Shaw: Don't blame B.C. businesses for being skeptical over Eby's 'reset'

Years of rising costs, limited dialogue will likely leave businesses wary of premier's promises
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Bryan Yu: B.C. hiring stalls, short-term optimism dips amid tariff concerns

Bryan Yu: B.C. hiring stalls, short-term optimism dips amid tariff concerns

Labour trends reflect economic headwinds and cautious optimism.
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Opinion: Canada's holiday tax break will have winners and losers

Opinion: Canada's holiday tax break will have winners and losers

While the tax break will indeed put more money into consumers' pockets as the government has claimed, whether it will actually ease inflationary pressure is questionable.
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MPs approve $21.6B in supplementary spending; Conservatives vote against

MPs approve $21.6B in supplementary spending; Conservatives vote against

OTTAWA — Parliament has approved $21.6 billion in government spending, in a late Tuesday vote in the House of Commons.
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Rustad says he expects defiance in B.C. Conservative ranks amid row over core values

Rustad says he expects defiance in B.C. Conservative ranks amid row over core values

VICTORIA — John Rustad says he expects a spirit of defiance and for free speech to reign in his British Columbia Conservative Party caucus — even if it involves pitting team members against each other, including himself.
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