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Economy, Law & Politics

Fraser Institute: Trudeau government consistently spends beyond high spending targets

Fraser Institute: Trudeau government consistently spends beyond high spending targets

Post-pandemic, the federal Liberals raised annual spending by nearly $100 billion compared to their pre-pandemic fiscal plan
As Canadians cut back, mortgage holders say they can make higher payments: BoC survey

As Canadians cut back, mortgage holders say they can make higher payments: BoC survey

OTTAWA — Canadians are increasingly cutting back on spending while mortgage holders remain confident they can keep up with higher payments when their loans renew, a Bank of Canada survey says.
Mitzi Dean removed as B.C. Minister of Children and Family Development in cabinet shuffle

Mitzi Dean removed as B.C. Minister of Children and Family Development in cabinet shuffle

Premier Eby announces four new roles for NDP MLAs, including one high-profile ministerial shuffle following controversies.
Rob Shaw: BC Hydro's summertime power imports pay off during deep freeze

Rob Shaw: BC Hydro's summertime power imports pay off during deep freeze

Crown corporation criticized for importing power last year. But the move paid off as an extreme cold snap hit the province this month, according to its CEO
Statistics Canada says manufacturing and wholesale sales rose in November

Statistics Canada says manufacturing and wholesale sales rose in November

OTTAWA — Statistics Canada says manufacturing sales rose 1.2 per cent to $71.7 billion in November, helped by higher sales in the chemical subsector as well as gains in primary metal and machinery groups. Sales of chemical products rose 6.
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

Five things to watch for in the Canadian business world in the coming week
Economists expect December inflation ticked up, trend still points to slowdown

Economists expect December inflation ticked up, trend still points to slowdown

OTTAWA — Economists are forecasting Canada's inflation rate likely ticked up last month, but that isn't expected to set off alarm bells as long as underlying price pressures ease.
Four-vehicle pileup at B.C. car wash leads to second lawsuit

Four-vehicle pileup at B.C. car wash leads to second lawsuit

Elmira Etemad claimed she was injured when a car became stuck in the car wash and caused a four-car collision.
U.S. SEC demands $168.9M from seven B.C. residents in massive stock fraud case

U.S. SEC demands $168.9M from seven B.C. residents in massive stock fraud case

The U.S. Securities and Exchange Commission has issued monetary orders to a federal court in Boston against five British Columbians found liable of committing and facilitating stock fraud.
Subcontractor sues school district, Burnaby North Secondary School builder for $2.8M

Subcontractor sues school district, Burnaby North Secondary School builder for $2.8M

Surrey's PMC Builders & Developers Ltd. claims it is owed nearly $2.8 million in unpaid work, materials and 'extras' under a subcontract for the construction of the new Burnaby North Secondary School.