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Economy, Law & Politics

'Infuriating': Wait times grow amid Canada Post strike as backlogs, frustration mount

'Infuriating': Wait times grow amid Canada Post strike as backlogs, frustration mount

It's been almost two weeks since Darren Solomon had a working fridge. The appliance's compressor conked out on Nov. 26 and he’s been waiting for a replacement part ever since.
Stock market today: Nvidia drags Wall Street lower as oil and gold rise

Stock market today: Nvidia drags Wall Street lower as oil and gold rise

NEW YORK (AP) — A slide for market superstar Nvidia helped pull U.S. stock indexes down from their records. The S&P 500 fell 0.6% Monday, coming off its 57th all-time high of the year so far. The Dow Jones Industrial Average fell 0.
GST break would cost Ottawa $2.7B if provinces with HST asked for compensation

GST break would cost Ottawa $2.7B if provinces with HST asked for compensation

OTTAWA — The federal government's GST holiday would cost as much as $2.7 billion if provinces with a harmonized sales tax asked for compensation, the parliamentary budget officer said on Monday.
BoC expected to lower interest rates again, with odds leaning toward larger cut

BoC expected to lower interest rates again, with odds leaning toward larger cut

OTTAWA — Financial markets and forecasters are betting on another jumbo interest rate cut from the Bank of Canada on Wednesday, which would bring its key rate down to 3.25 per cent.
Finance minister says government's fiscal update coming Dec. 16

Finance minister says government's fiscal update coming Dec. 16

OTTAWA — Finance Minister Chrystia Freeland will publish the government's fall economic statement on Dec. 16, just before members of Parliament are expected to head home for the holidays.
Small Business BC files for bankruptcy

Small Business BC files for bankruptcy

The non-profit society provided grants and services to businesses in B.C., with funding from two levels of government
Rob Shaw: Leaked letter exposes internal rifts in rookie Conservative caucus

Rob Shaw: Leaked letter exposes internal rifts in rookie Conservative caucus

John Rustad’s leadership faces early trial as 13 MLAs spar over cancel culture and public accountability
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

TORONTO — Five things to watch for in the Canadian business world in the coming week: Postal strike The strike by some 55,000 workers at Canada Post is in its fourth week.
Opinion: Can B.C.'s new finance minister reverse the debt spiral?

Opinion: Can B.C.'s new finance minister reverse the debt spiral?

Taxing British Columbians unlikely to resolve fiscal woes
As postal strike enters fourth week, pressure mounts for Ottawa to step in: experts

As postal strike enters fourth week, pressure mounts for Ottawa to step in: experts

As the Canada Post strike drags into a fourth week, experts say there's growing pressure on the government to act as the business community's calls for intervention get louder.
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