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Economy, Law & Politics

Canada now has more than 100 urban centres where at least a quarter of the population is 65 or older: new analysis

The golden years are not all golden in the growing number of Canadian communities with high concentrations of older people, many of whom struggle with health, transportation and dementia care challenges.
The motherhood pay gap: Why women’s earnings decline after having children

The motherhood pay gap: Why women’s earnings decline after having children

New research shows that women’s earnings are negatively impacted by having children, while men’s aren’t. The effects can be long-lasting and contribute to the gender pay gap.
Statistics Canada reports $312M merchandise trade deficit for December

Statistics Canada reports $312M merchandise trade deficit for December

OTTAWA — Canada posted a merchandise trade deficit of $312 million in December, the first monthly trade deficit since July, as exports of cars and light trucks fell and lower oil prices weighed on energy shipments.
Data points: Latest payroll data points to increased slack in B.C. economy

Data points: Latest payroll data points to increased slack in B.C. economy

B.C.'s total job count sat at around 2.54 million positions in November 2023
'We're not looking for placebo policy': health fix will take time, minister says

'We're not looking for placebo policy': health fix will take time, minister says

OTTAWA — Provincial leaders were frantic about the ailing state of their health care systems last year when Prime Minister Justin Trudeau sat them down and offered $46.2-billion worth of urgent treatment.
B.C. lawsuits allege lithium batteries became rockets in fatal fire

B.C. lawsuits allege lithium batteries became rockets in fatal fire

"Jets of flaming gas venting from the tops of cells in the e-bike battery turned each into a tiny, unguided metal rocket."
North Vancouver sewage plant spends more than 60% of budget

North Vancouver sewage plant spends more than 60% of budget

A monthly project status report, obtained under freedom of information, did not say how much it would cost to finish the project or when it will open.
Backstop on insurance needed from catastrophe risk: OSFI head

Backstop on insurance needed from catastrophe risk: OSFI head

TORONTO — It's important to develop a backstop for the insurance industry against major catastrophes like an earthquake, said the head of Canada's financial institutions regulator Tuesday.
Business funding on climate action needs to "rise exponentially": RBC report

Business funding on climate action needs to "rise exponentially": RBC report

TORONTO — Business funding for climate action needs to "rise exponentially" for Canada to be on track for net zero emissions by 2050, said a report out Tuesday from RBC.
Don’t look to the BoC to solve Canada’s housing and economic woes, Macklem says

Don’t look to the BoC to solve Canada’s housing and economic woes, Macklem says

OTTAWA — Bank of Canada governor Tiff Macklem is laying out the limits of monetary policy as he warns the central bank can’t solve problems such as housing affordability with interest rates.