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Economy, Law & Politics

S&P/TSX suffers triple-digit losses; loonie also slides while U.S. markets rise

S&P/TSX suffers triple-digit losses; loonie also slides while U.S. markets rise

TORONTO — Canada's main stock index slumped again on Thursday, dragged lower by losses in sectors like industrials and real estate, while U.S. markets rose a day after one of their worst declines of the year.
Stock market today: Wall Street ends little changed after giving up a big morning gain

Stock market today: Wall Street ends little changed after giving up a big morning gain

NEW YORK (AP) — An early rebound for U.S. stocks petered out by the end of the day, leaving indexes close to flat. The S&P 500 edged down by 0.
U.S. tariffs potentially devastating for Canadian businesses: CME poll

U.S. tariffs potentially devastating for Canadian businesses: CME poll

OTTAWA — The tariffs threatened by U.S. president-elect Donald Trump could be potentially devastating for Canadian businesses and workers, said a new survey by lobby group Canadian Manufacturers and Exporters.
Canada Post starts accepting commercial mail as it ramps up post-strike operations

Canada Post starts accepting commercial mail as it ramps up post-strike operations

OTTAWA — Canada Post has started accepting commercial volumes of letters and parcels as it works to get back to normal operations following a month-long strike.
NDP seeks distance from Liberals, sees fight in next election is with Conservatives

NDP seeks distance from Liberals, sees fight in next election is with Conservatives

OTTAWA — NDP Leader Jagmeet Singh began 2024 by propping up Prime Minister Justin Trudeau’s minority government. He is ending the year calling for Trudeau’s resignation.
Opinion: B.C.’s government will face extraordinary economic challenges in 2025

Opinion: B.C.’s government will face extraordinary economic challenges in 2025

Trump’s tariffs and falling immigration could force a rethink of provincial priorities
B.C. lawyer loses appeal case arising from money laundering concerns

B.C. lawyer loses appeal case arising from money laundering concerns

A B.C. Court of Appeal decision has partially overturned a law society review board decision, finding lawyer Florence Esther Louie Yen broke rules after improperly flowing more than US$10 million through trust accounts.
Vancouver Island city looks to attract family doctors with municipal job offers

Vancouver Island city looks to attract family doctors with municipal job offers

COLWOOD, B.C. — A suburban British Columbia city is looking to ease its shortage of family doctors by hiring physicians and putting them on the community payroll.
Campaign urges skilled labour to 'Stay with B.C.' to counter efforts from Alberta

Campaign urges skilled labour to 'Stay with B.C.' to counter efforts from Alberta

VANCOUVER — The Business Council of British Columbia has launched an awareness campaign to counter the province's rising outward migration to Alberta. The business advocacy group says its "Stay with B.C.
US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025

US stocks fall sharply and Dow tumbles 1,100 points after the Fed hints at just 2 rate cuts for 2025

NEW YORK (AP) — U.S. stocks tumbled to one of their worst days of the year after the Federal Reserve hinted Wednesday it may deliver fewer shots of adrenaline for the U.S. economy in 2025 than earlier thought. The S&P 500 fell 2.
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