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Economy, Law & Politics

Stock market today: Wall Street closes mostly lower and ends a 6-week winning streak

Stock market today: Wall Street closes mostly lower and ends a 6-week winning streak

Stocks gave up an early gain and closed mostly lower on Wall Street, ending a six-week winning streak. The S&P 500 ended little changed Friday. The Dow Jones Industrial Average fell 0.6%, while the Nasdaq composite rose 0.
Canadian consensus on immigration under threat, but not gone: immigration minister

Canadian consensus on immigration under threat, but not gone: immigration minister

OTTAWA — Canada's long-held consensus on immigration is under threat but has not disappeared, the immigration minister said in an interview after announcing a major cut to the number of newcomers to Canada.
'Shock-prone world' highlights need for productivity: Bank of Canada governor

'Shock-prone world' highlights need for productivity: Bank of Canada governor

OTTAWA — Bank of Canada governor Tiff Macklem says the world has become more prone to supply shocks which create more risks to inflation, but the central bank is in a better place to deal with them now that inflation is under control.
Federal government posts $9.8-billion deficit for April-to-August period

Federal government posts $9.8-billion deficit for April-to-August period

OTTAWA — The federal government's deficit was $9.8 billion for the April-to-August period. The Finance Department's latest fiscal monitor says the result compared with a deficit of $4.3 billion during the same period a year earlier.
Rob Shaw: Furstenau shows her cards, shutting down Rustad’s slim-majority hopes

Rob Shaw: Furstenau shows her cards, shutting down Rustad’s slim-majority hopes

With BC Green support off the table, Conservatives face tougher path to government
Majority of Canadians would vote for Kamala Harris in U.S. election: poll

Majority of Canadians would vote for Kamala Harris in U.S. election: poll

WASHINGTON — If Canadians could vote in the U.S. election, a majority would choose to send Kamala Harris to the White House.
Editorial: Both leaders are facing major challenges

Editorial: Both leaders are facing major challenges

Never have two parties sofar apart in their philosophies confronted one another across the floor of the house in roughly equal numbers.
Tenth B.C. public company auditing firm fined, censured by U.S. regulator

Tenth B.C. public company auditing firm fined, censured by U.S. regulator

The rulings largely concern reporting failures.
Crucial B.C. election recounts won't start until Sunday afternoon

Crucial B.C. election recounts won't start until Sunday afternoon

VICTORIA — Voting officials say recounts in two ridings that could determine the outcome of British Columbia's election won't start until Sunday afternoon — and it won't be until Monday before the makeup of the legislature is finalized.
ABC Vancouver city councillor holds meetings with CSIS officials

ABC Vancouver city councillor holds meetings with CSIS officials

Lenny Zhou met twice with Canadian Security Intelligence Service since October 2022 to "see how I can protect myself and protect Canada."