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Economy, Law & Politics

Opinion: A return to deep cuts would be disastrous for B.C.’s economy

Opinion: A return to deep cuts would be disastrous for B.C.’s economy

Large, indefinite deficits aren’t the answer, either—but B.C. still needs serious public investments
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Canadian fossil fuel subsidies hit $18.6 billion in 2023, says report

Canadian fossil fuel subsidies hit $18.6 billion in 2023, says report

The report comes ahead of a looming fall deadline the federal government set for itself to plan a phase-out of inefficient fossil fuel subsidies.
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Business leaders say housing biggest risk to economy: KPMG survey

Business leaders say housing biggest risk to economy: KPMG survey

TORONTO — Business leaders see the housing crisis as the biggest risk to the economy, a new survey from KPMG Canada shows.
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Trudeau says premiers complaining about carbon price didn't pitch better ideas

Trudeau says premiers complaining about carbon price didn't pitch better ideas

OTTAWA — Prime Minister Justin Trudeau is pushing back against premiers who are asking him to cancel an upcoming increase to the federal carbon price, saying they have not proposed better ideas to fight climate change.
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Opinion: Federal policy pullback threatens B.C.'s electric-vehicle adoption progress

Opinion: Federal policy pullback threatens B.C.'s electric-vehicle adoption progress

Point-of-sale incentives remain key to reaching broader adoption and climate goals
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Vancouver-based Westport reports $49.7M net loss in 2023

Vancouver-based Westport reports $49.7M net loss in 2023

The company posted US$331.8 million in revenue in 2023, an 8.5 per cent increase from the previous year
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CRA fires 232 people for falsely claiming $2,000 monthly pandemic benefit

CRA fires 232 people for falsely claiming $2,000 monthly pandemic benefit

OTTAWA — The Canada Revenue Agency has now fired more than 200 people for falsely claiming a federal income benefit during the COVID-19 pandemic.
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Economists defend Liberals' carbon price as political rhetoric heats up

Economists defend Liberals' carbon price as political rhetoric heats up

OTTAWA — Dozens of Canadian economists issued an ardent defence of Canada's price on pollution Tuesday, as the government faces increased pressure from the Conservatives and provincial premiers to cancel a planned increase to the levy.
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CFIB says 200,000 small businesses took new loans to meet CEBA repayment deadline

CFIB says 200,000 small businesses took new loans to meet CEBA repayment deadline

TORONTO — Roughly 200,000 small businesses took on new debt to access the forgivable portion of their pandemic relief loans from the federal government, the Canadian Federation of Independent Business said Tuesday.
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B.C. jade miners sue government over Tahltan eviction

B.C. jade miners sue government over Tahltan eviction

Miners seek compensation for wrongful expropriation of mineral claims
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