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Economy, Law & Politics

Statistics Canada says merchandise trade deficit widened to $1.9B in May

Statistics Canada says merchandise trade deficit widened to $1.9B in May

OTTAWA — Canada's merchandise trade deficit widened to $1.9 billion in May as exports fell to their lowest level since July last year. The result compared with a revised trade deficit of $1.3 billion for April, Statistics Canada said Wednesday.
Rob Shaw: BC United mum on fundraising figures as NDP, Conservatives hit record highs

Rob Shaw: BC United mum on fundraising figures as NDP, Conservatives hit record highs

Ahead of the fall elections, BC NDP's major fundraising success overshadows all rival parties
OMERS selling LifeLabs to Quest Diagnostics in deal valued at $1.35B

OMERS selling LifeLabs to Quest Diagnostics in deal valued at $1.35B

TORONTO — Ontario pension fund manager OMERS has signed a deal to sell medical lab company LifeLabs to U.S.-based firm Quest Diagnostics in a deal valued at $1.35 billion including debt.
Jewish teachers file antisemitism complaint against B.C. Teachers' Federation

Jewish teachers file antisemitism complaint against B.C. Teachers' Federation

In a statement announcing the complaint, BC Teachers Against Antisemitism claims the union's leadership caused "trauma and fear" among members who have been "intimidated and shamed" by colleagues.
S&P/TSX composite rises Tuesday on energy strength, U.S. markets also move higher

S&P/TSX composite rises Tuesday on energy strength, U.S. markets also move higher

TORONTO — Canada's main stock index rose Tuesday near the end of the trading day, erasing earlier losses as energy and base metals helped offset weakness in telecom, while U.S. stock markets also climbed higher.
B.C. auditor general releases interim report on MNP role in CleanBC grants

B.C. auditor general releases interim report on MNP role in CleanBC grants

Business services firm admits offering consultations, denies conflict in grant administration
Fed Chair Jerome Powell: US inflation is cooling again, though it isn't yet time to cut rates

Fed Chair Jerome Powell: US inflation is cooling again, though it isn't yet time to cut rates

WASHINGTON (AP) — Inflation in the United States is slowing again after higher readings earlier this year, Federal Reserve Chair Jerome Powell said Tuesday, while adding that more such evidence would be needed before the Fed would cut interest rates.
United States looking at all tools to respond to Canada's digital services tax

United States looking at all tools to respond to Canada's digital services tax

WASHINGTON, D. C. — The Office of the United States Trade Representative says it will do what’s necessary to halt Canada's tax on large foreign digital services companies.
Rob Shaw: BC NDP attempt to dodge blame after Surrey woman's death

Rob Shaw: BC NDP attempt to dodge blame after Surrey woman's death

Eby points finger at feds, but can't escape accountability
Opinion: Understanding the shifting sands of immigration attitudes

Opinion: Understanding the shifting sands of immigration attitudes

The rise in anti-immigration sentiments, especially amid challenging conditions, could have far-reaching consequences for Canada's social harmony and economic prosperity.