Economy, Law & Politics

Higher grocery prices continue to wallop Canadian household budgets, with food inflation ticking higher in May for the first time in nearly a year. Statistics Canada reported Tuesday that grocery prices rose 1.

OTTAWA — The annual inflation rate unexpectedly ticked higher in May, raising doubts about what the Bank of Canada will do when it makes its next interest rate decision in July in "bumpy and choppy" conditions.

American consumers lost some confidence in June as expectations over the near-term future fell again. The Conference Board, a business research group, said Tuesday that its consumer confidence index fell in June to 100.4 from 101.3 in May.

OTTAWA — Her kids are not reading the newspapers on her kitchen counter. Instead, they're looking at their phones to find information.

OTTAWA — The Liberal government's changes to capital gains taxation came into effect Tuesday, despite significant pushback from business and physicians' groups.

TERRACE — A draft treaty decades in the making has been signed by a First Nation in British Columbia's northwest, moving the nation away from the "repressive and outdated Indian Act," its chief said.

Consumers and communities look for authenticity in corporate engagement, experts say.

TORONTO — Canada's main stock index jumped almost 300 points Monday on the strength of a broad-based rally while U.S. stock markets were mixed. The S&P/TSX composite index ended up 293.73 points, or 1.36 per cent, at 21,848.59.

Many other companies have sued the large Vancouver developer in the past year