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Economy, Law & Politics

'Infuriating': Wait times grow amid Canada Post strike as backlogs, frustration mount

'Infuriating': Wait times grow amid Canada Post strike as backlogs, frustration mount

It's been almost two weeks since Darren Solomon had a working fridge. The appliance's compressor conked out on Nov. 26 and he’s been waiting for a replacement part ever since.
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Stock market today: Nvidia drags Wall Street lower as oil and gold rise

Stock market today: Nvidia drags Wall Street lower as oil and gold rise

NEW YORK (AP) — A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records. The S&P 500 fell 0.6% Monday, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average fell 0.
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GST break would cost Ottawa $2.7B if provinces with HST asked for compensation

GST break would cost Ottawa $2.7B if provinces with HST asked for compensation

OTTAWA — The federal government's GST holiday would cost as much as $2.7 billion if provinces with a harmonized sales tax asked for compensation, the parliamentary budget officer said on Monday.
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BoC expected to lower interest rates again, with odds leaning toward larger cut

BoC expected to lower interest rates again, with odds leaning toward larger cut

OTTAWA — Financial markets and forecasters are betting on another jumbo interest rate cut from the Bank of Canada on Wednesday, which would bring its key rate down to 3.25 per cent.
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Finance minister says government's fiscal update coming Dec. 16

Finance minister says government's fiscal update coming Dec. 16

OTTAWA — Finance Minister Chrystia Freeland will publish the government's fall economic statement on Dec. 16, just before members of Parliament are expected to head home for the holidays.
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Small Business BC files for bankruptcy

Small Business BC files for bankruptcy

The non-profit society provided grants and services to businesses in B.C., with funding from two levels of government
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Rob Shaw: Leaked letter exposes internal rifts in rookie Conservative caucus

Rob Shaw: Leaked letter exposes internal rifts in rookie Conservative caucus

John Rustad’s leadership faces early trial as 13 MLAs spar over cancel culture and public accountability
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Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Postal strike The strike by some 55,000 workers at Canada Post is in its fourth week.
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Opinion: Can B.C.'s new finance minister reverse the debt spiral?

Opinion: Can B.C.'s new finance minister reverse the debt spiral?

Taxing British Columbians unlikely to resolve fiscal woes
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As postal strike enters fourth week, pressure mounts for Ottawa to step in: experts

As postal strike enters fourth week, pressure mounts for Ottawa to step in: experts

As the Canada Post strike drags into a fourth week, experts say there's growing pressure on the government to act as the business community's calls for intervention get louder.
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