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Economy, Law & Politics

Trump says Canada facing 25 per cent tariff but oil might get a 10 per cent levy

Trump says Canada facing 25 per cent tariff but oil might get a 10 per cent levy

WASHINGTON — U.S. President Donald Trump said Friday he is considering a lower tariff on Canadian oil as the White House confirmed he is going forward with 25 per cent levies on imports from Canada on Saturday.
Slash Metro Vancouver director pay in half, says PoCo Mayor Brad West

Slash Metro Vancouver director pay in half, says PoCo Mayor Brad West

Metro Vancouver paid its board of directors $1.61 million in 2023; this could be slashed in half, says Brad West.
Stock market today: Wall Street surrenders gains after White House confirms Trump tariff move

Stock market today: Wall Street surrenders gains after White House confirms Trump tariff move

Stocks on Wall Street surrendered early gains and closed broadly lower Friday after the White House said President Donald Trump would impose promised tariffs on key U.S. trading partners. The S&P 500 fell 0.5% and the Nasdaq composite dropped 0.
Conservative fundraising for 2024 nearly doubles Liberal, NDP total

Conservative fundraising for 2024 nearly doubles Liberal, NDP total

OTTAWA — The Conservative Party had a banner fundraising year in 2024, when it nearly doubled the combined total collected by the Liberals and NDP by raising almost $41.8 million. The Conservatives brought in nearly $12.
S&P/TSX composite falls on tariff fears, U.S. markets also slip

S&P/TSX composite falls on tariff fears, U.S. markets also slip

TORONTO — Stock markets and the Canadian dollar fell Friday as it became increasingly likely that U.S. President Donald Trump would impose tariffs starting Feb. 1.
Ottawa defers effective date of capital gains changes to 2026, promises exemptions

Ottawa defers effective date of capital gains changes to 2026, promises exemptions

The federal government says it is deferring the implementation of a hike to the capital gains inclusion rate to next year and plans to introduce new exemptions to ensure most middle-class Canadians do not pay more tax if the rate becomes official.
B.C. man’s companies used to launder cannabis proceeds, allege RCMP

B.C. man’s companies used to launder cannabis proceeds, allege RCMP

Federal police unit charges one more B.C. resident in alleged scheme of money laundering proceeds of illicit online cannabis sales
Carney vows to kill consumer carbon pricing, shift to green incentives

Carney vows to kill consumer carbon pricing, shift to green incentives

OTTAWA — Liberal leadership contender Mark Carney is backing away from Prime Minister Justin Trudeau's consumer carbon pricing regime but will keep industrial pricing in place.
The $1-trillion question: What Canadian goods will Trump tariff?

The $1-trillion question: What Canadian goods will Trump tariff?

Canadian Chamber of Commerce launches tracker to illustrate the value of U.S.-Canada trade
Foreign interference crackdown needed, say Chinese-Canadian groups in B.C.

Foreign interference crackdown needed, say Chinese-Canadian groups in B.C.

Critics charge final report is blind to key solutions: better regulation of foreign-controlled media and a foreign agent registry that extends into all facets of government
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