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Economy, Law & Politics

Defence Department receives approval to spend $7B on 16 F-35s: sources

Defence Department receives approval to spend $7B on 16 F-35s: sources

OTTAWA — The Department of National Defence recently received quiet approval to spend $7 billion on 16 F-35 fighter jets and related gear.
S&P/TSX composite closes up more than 100 points, U.S. markets flat

S&P/TSX composite closes up more than 100 points, U.S. markets flat

TORONTO — Gains in the energy and financial sectors helped Canada's main stock index gain more than 100 points, while U.S. stock markets were more subdued but ended the day in the green. The S&P/TSX composite index was up 106.13 points at 19,306.
СÀ¶ÊÓƵ surgery volumes exceed pre-pandemic level

СÀ¶ÊÓƵ surgery volumes exceed pre-pandemic level

Waiting lists for surgeries have declined, compared with pre-pandemic
Experts share tips for young Canadians finding themselves in debt for the first time

Experts share tips for young Canadians finding themselves in debt for the first time

MONTREAL — While enrolled in university, Eloho Orogun was approached on campus to apply for a $500 student credit card, advertised as a means to improve his credit score.
Database insecurity the latest in a string of problems at Provincial Health Services Authority

Database insecurity the latest in a string of problems at Provincial Health Services Authority

A look at the history of turmoil at PHSA over the last 10 years.
Inside gig work: trading flexibility for uncertainty, risk and racism

Inside gig work: trading flexibility for uncertainty, risk and racism

A vast ‘honeypot’ of records tempts hackers, and cyber-defenses are weak, probe finds.
СÀ¶ÊÓƵ economic growth to ‘slow more sharply’ than rest of Canada in 2023: TD

СÀ¶ÊÓƵ economic growth to ‘slow more sharply’ than rest of Canada in 2023: TD

Housing market’s sensitivity to rate hikes will weigh on growth, say economists
Number of job vacancies down in the third quarter: Statistics Canada

Number of job vacancies down in the third quarter: Statistics Canada

OTTAWA — Statistics Canada says the number of job vacancies fell in the third quarter after reaching a record high in the second quarter.
Wall Street loses more ground, extending a losing streak

Wall Street loses more ground, extending a losing streak

NEW YORK — Stocks closed lower on Wall Street as investors brace for higher interest rates from central banks to fight inflation. The S&P 500 lost 0.9% Monday, the tech-heavy Nasdaq composite lost 1.5% and the Dow Jones Industrial Average fell 0.
Moscow accuses Ottawa of leading isolation effort, amid squabble over tweets, summons

Moscow accuses Ottawa of leading isolation effort, amid squabble over tweets, summons

OTTAWA — Russia's ambassador to Canada says Ottawa is at the vanguard of an effort to isolate his country, following a series of social-media squabbles and ongoing salvos where each country summons the other's top diplomat.
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