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Economy, Law & Politics

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.
Next Bank of Canada governor would stay focused on fighting inflation: Poilievre

Next Bank of Canada governor would stay focused on fighting inflation: Poilievre

OTTAWA — Conservative Leader Pierre Poilievre says his choice for Bank of Canada governor would be someone focused entirely on keeping annual inflation at its two per cent target.

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (19,485.89, up 201.79): TC Energy Corp. (TSX:TRP). Energy. Down 74 cents, or 1.36 per cent, to $53.70 on 14.1 million shares.
Review of RBC's $13.5B takeover of HSBC Canada shows limits to system: critics

Review of RBC's $13.5B takeover of HSBC Canada shows limits to system: critics

TORONTO — Royal Bank of Canada's proposed $13.5-billion takeover of HSBC Bank Canada will face scrutiny from Canada's competition watchdogs in the year ahead, but critics say their leash is too short while efforts in the U.S.
Canadian Army eyeing new weapons in response to lessons learned from Ukraine war

Canadian Army eyeing new weapons in response to lessons learned from Ukraine war

OTTAWA — The Canadian Army is rushing to buy new equipment in response to lessons learned from Russia's invasion of Ukraine. Canadian Army commander Lt.-Gen.

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

TORONTO — Canada's main stock index was up in late-morning trading along with U.S. markets as technology and financial stocks rose. The S&P/TSX composite index was up 142.02 points at 19,426.12.
Small business outlook for year improves slightly, still shows recession fears: CFIB

Small business outlook for year improves slightly, still shows recession fears: CFIB

TORONTO — The Canadian Federation of Independent Business says the outlook among entrepreneurs for the 12 months ahead improved slightly from last month but remains quite low.
Government’s use of Crown corporation funds questioned

Government’s use of Crown corporation funds questioned

Bankrolling rebates, credits, rate freezes with public assets criticized as ‘bad public policy’
More Canadians support mask mandate return, survey finds

More Canadians support mask mandate return, survey finds

Since Oct. 1, the federal government lifted the mask mandate on airplanes.
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