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Economy, Law & Politics

S&P/TSX composite up in late-morning trading, U.S. stock markets lower

S&P/TSX composite up in late-morning trading, U.S. stock markets lower

TORONTO — Strength in the industrial and utility sectors helped lead Canada's main stock index higher, while U.S. stock markets fell in late-morning trading to start the year. The S&P/TSX composite index was up 89.50 points at 19,474.42.
CEO pay smashed records in 2021, on track to continue as inflation remains high

CEO pay smashed records in 2021, on track to continue as inflation remains high

Canada’s 100 highest-paid CEOs made an average of $14.3 million in 2021, smashing the previous record of $11.8 million set in 2018, according to the Canadian Centre for Policy Alternatives (CCPA).
How to help your money grow in 2023 against a backdrop of economic uncertainty

How to help your money grow in 2023 against a backdrop of economic uncertainty

TORONTO — Canadian investors who made it through a tumultuous 2022 face further uncertainty in the year ahead amid increased recession risk, higher interest rates, persistent inflation, a jittery stock market and a plummeting real estate market.
Canada extends copyright protection another 20 years to meet new trade obligation

Canada extends copyright protection another 20 years to meet new trade obligation

OTTAWA — There will be no new books or plays added to the public domain in Canada until 2043 after the government squeezed in a change to copyright laws just before the end of 2022. Until Dec.
'Big year' for pharmacists with new prescriptive powers, drug shortages: association

'Big year' for pharmacists with new prescriptive powers, drug shortages: association

VANCOUVER — In a year when pharmacists have stickhandled children's drug shortages and an extra-busy flu shot season, you'd think they might balk at the news in Ontario and B.C. that their prescriptive powers are being expanded.
Premiers' New Year's messages talk economic improvement, health care, cost of living

Premiers' New Year's messages talk economic improvement, health care, cost of living

VANCOUVER — Premiers across the country used their New Year's messages to emphasize everything from housing and affordability to healthy lifestyles.
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: Holiday Monday Before the first week of trading in 2023 gets underway, the Toronto Stock Exchange will be closed for trading Monday in lieu of New Year's Day.
Does Sim’s election win cause Eby to stick to a 2024 provincial vote?

Does Sim’s election win cause Eby to stick to a 2024 provincial vote?

Premier David Eby says he isn’t planning to call an early provincial election in 2023. Instead, he says he’ll keep working toward the scheduled October 2024 vote.
Eby resolves to keep spending in new year, making most of forecast budget windfall

Eby resolves to keep spending in new year, making most of forecast budget windfall

VICTORIA — Premier David Eby took office in B.C. amid a whirlwind of spending announcements and he's not making any resolutions of frugality in the new year.

S&P/TSX composite down in morning trading despite telecom boost, US markets also down

TORONTO — Canada's main stock index was down in late-morning trading, with mild losses in most sectors partially offset by gains in telecom on news that the Competition Tribunal has dismissed a challenge to Rogers Communications Inc.
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