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Economy, Law & Politics

Statistics Canada says household debt-to-disposable income ratio falls in Q3

Statistics Canada says household debt-to-disposable income ratio falls in Q3

OTTAWA — Statistics Canada says the amount Canadian households owe relative to their income fell in the third quarter as a rise in disposable income outpaced the growth in debt. It was the sixth consecutive quarter that the measure declined.
U.S. SEC can't seek account for $3.3M sale of Kitsilano home, СÀ¶ÊÓƵ judge rules

U.S. SEC can't seek account for $3.3M sale of Kitsilano home, СÀ¶ÊÓƵ judge rules

Facing fraud charges in the U.S., Delta resident Jackson Friesen sold a detached home in Kitsilano before his assets could be frozen in СÀ¶ÊÓƵ Supreme Court; since it was determined Friesen committed fraud he says he now needs money to pay for an appeal of a $12-million penalty.
Metro Vancouver seeks 'media monitor' amid budget woes

Metro Vancouver seeks 'media monitor' amid budget woes

New West city councillor: "When things get really bad and this out of control, the first thing an organization will blame is the people reporting on the story itself."
Labour minister says Ottawa will remain on sideline as postal strike nears four weeks

Labour minister says Ottawa will remain on sideline as postal strike nears four weeks

The federal government has been under pressure from business groups to intervene in the strike, as it has done in recent high-profile labour disputes.
S&P/TSX composite up more than 150 points, U.S. stock markets mixed

S&P/TSX composite up more than 150 points, U.S. stock markets mixed

TORONTO — Canada's main stock index gained more than 150 points Wednesday after the Bank of Canada cut interest rates, while U.S. stock markets were mixed, led by a 1.8 per cent gain on the Nasdaq after the latest inflation report.
Stock market today: Wall Street gets back to climbing, sending Nasdaq to a record

Stock market today: Wall Street gets back to climbing, sending Nasdaq to a record

NEW YORK (AP) — Wall Street got back to climbing after the latest update on inflation appeared to clear the way for more help for the economy from the Federal Reserve. The S&P 500 gained 0.
BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward

BoC delivers jumbo interest rate cut, signals slower pace of cuts moving forward

OTTAWA — The Bank of Canada delivered another hefty interest rate cut as it acknowledged the economy has been weaker than it anticipated, but governor Tiff Macklem said Canadians should expect a slower pace of cuts moving forward.
Kirk LaPointe: СÀ¶ÊÓƵ Conservatives feast on themselves as voters starve for attention

Kirk LaPointe: СÀ¶ÊÓƵ Conservatives feast on themselves as voters starve for attention

Caucus squabbles over municipal matters overshadow province's pressing challenges
Being assaulted is not part of journalists' work, СÀ¶ÊÓƵ judge says in spitting case

Being assaulted is not part of journalists' work, СÀ¶ÊÓƵ judge says in spitting case

CСÀ¶ÊÓƵ journalists Shawn Foss and Dan Burritt were covering a Freedom Convoy vaccine protest in February 2022 when a protester spat on Foss, a cameraman.
Rob Shaw: Don't blame СÀ¶ÊÓƵ businesses for being skeptical over Eby's 'reset'

Rob Shaw: Don't blame СÀ¶ÊÓƵ businesses for being skeptical over Eby's 'reset'

Years of rising costs, limited dialogue will likely leave businesses wary of premier's promises
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