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Economy, Law & Politics

S&P/TSX composite up more than 200 points, U.S. markets rally ahead of inauguration

S&P/TSX composite up more than 200 points, U.S. markets rally ahead of inauguration

TORONTO — Canada's main stock index gained more than 200 points Friday, led by strength in utilities and base metals, while U.S. stock markets saw a steady rally on the last trading day before Donald Trump is inaugurated as president.
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Stock market today: Wall Street rallies to its best week since Trump's election

NEW YORK (AP) — U.S. stock indexes rallied to close out their best week in two months. The S&P 500 rose 1% Friday. The Dow Jones Industrial Average climbed 0.8%, and the Nasdaq composite gained 1.5%.
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'We will not hesitate': Canada prepares to hit U.S. with billions in tariffs

'We will not hesitate': Canada prepares to hit U.S. with billions in tariffs

WASHINGTON — Ottawa is ready to retaliate if U.S.
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Carney makes first B.C. pit stop of Liberal leadership bid in Richmond

Carney makes first B.C. pit stop of Liberal leadership bid in Richmond

An early January poll showed the Conservatives ahead by 27 per cent.
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Bank of Canada could have been clearer about pandemic measures: review

Bank of Canada could have been clearer about pandemic measures: review

OTTAWA — Extraordinary measures taken by the Bank of Canada during the pandemic could have been communicated more clearly, an internal review has found, including an explanation of how the actions would be wound down after the crisis.
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Workers into first week of lock out at Delta cement plant

Workers into first week of lock out at Delta cement plant

More than 70 members of the International Brotherhood of Boilermakers are on the picket line outside the Heidelberg Materials cement plant on Ross Road in the Tilbury area
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Rob Shaw: Eby leaves B.C. families famished for relief as trade war looms

Rob Shaw: Eby leaves B.C. families famished for relief as trade war looms

Premier parks $1K grocery rebate with no timeline for return
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Former Freshslice Pizza franchisee sues after termination

Former Freshslice Pizza franchisee sues after termination

Former franchisee claims he is out $130,000 in lost goodwill and that he faced obstacles when trying to sell his franchise
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U.S. tariffs could become catalyst to bolster Canadian food supply chains: experts

U.S. tariffs could become catalyst to bolster Canadian food supply chains: experts

Experts say U.S. tariffs on Canadian goods could accelerate a push to ramp up domestic food processing and manufacturing, even as some companies consider moving operations south.
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Canada's energy minister says many Republicans don't know Trump's plans for tariffs

Canada's energy minister says many Republicans don't know Trump's plans for tariffs

WASHINGTON — Exactly what president-elect Donald Trump plans to do with his tariff threat remains a mystery to Canadian officials and most Republicans, Energy and Natural Resources Minister Jonathan Wilkinson said Thursday.
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