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Economy, Law & Politics

S&P/TSX composite rises Thursday, U.S. markets down ahead of jobs report

S&P/TSX composite rises Thursday, U.S. markets down ahead of jobs report

TORONTO — Canada's main stock index rose Thursday, helped by strength in energy and utilities stocks, while U.S. markets moved lower ahead of reports on the labour market on both sides of the border. The S&P/TSX composite index closed up 38.
Canada Post strike: Key issues in the dispute that's holding up mail delivery

Canada Post strike: Key issues in the dispute that's holding up mail delivery

The ongoing Canada Post strike has reached the three-week mark as the two sides continue to trade proposals through a government-appointed mediator.
Stock market today: Wall Street slips below its records as bitcoin briefly pops above $100,000

Stock market today: Wall Street slips below its records as bitcoin briefly pops above $100,000

NEW YORK (AP) — U.S. stocks slipped below their records in the runup to a big jobs report due on Friday. The S&P 500 edged down 0.2% Thursday after setting an all-time high for the 56th time this year the day before.
Metro Vancouver to look for cost savings after hiking taxes and fees

Metro Vancouver to look for cost savings after hiking taxes and fees

Metro’s operating expenses are also set to rise sharply in the coming years, climbing to $2.2 billion in 2029 from $1.2 billion in 2024.
Statistics Canada reports merchandise trade deficit narrowed in October

Statistics Canada reports merchandise trade deficit narrowed in October

OTTAWA — Statistics Canada says the country's merchandise trade deficit narrowed to $924 million in October as exports rose for the first time since June. The agency said Thursday the result compared with a deficit of $1.3 billion in September.
By the numbers: Which food categories will see the biggest price increases next year?

By the numbers: Which food categories will see the biggest price increases next year?

Food prices in Canada will likely go up by three to five per cent next year, according to the 15th annual food price report released Thursday by a partnership that includes researchers at Dalhousie University, the University of Guelph, University of
Tariffs on Chinese EVs, aluminum and steel to raise federal revenues by $473M: PBO

Tariffs on Chinese EVs, aluminum and steel to raise federal revenues by $473M: PBO

OTTAWA — The parliamentary budget officer estimates Canada's tariffs on Chinese electric vehicles, aluminum and steel will increase federal revenues by $473 million over five years.
Canadians to spend $801 more on food in 2025 as climate, Trump affect prices: report

Canadians to spend $801 more on food in 2025 as climate, Trump affect prices: report

Food prices in Canada are likely to increase by three to five per cent next year, according to a newly released report, but wild cards like climate change and Donald Trump could have unforeseen impacts.
The GST tax holiday is coming but will the savings actually make a difference?

The GST tax holiday is coming but will the savings actually make a difference?

While many Canadians highly anticipate the federal government's upcoming GST holiday, experts say consumers need to make sure they're saving money on what they need most without falling for the allure of a deal and hurting their bottom line.
Canada Post strike hits three-week mark as union says it's ready to restart mediation

Canada Post strike hits three-week mark as union says it's ready to restart mediation

One of the key issues in negotiations has been a push to expand delivery to the weekend, but the two sides are at odds over how to staff the expansion.
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