Skip to content
Join our Newsletter

Economy, Law & Politics

Consumer debt continues to grow, reaching record $2.5T, credit bureaus say

Consumer debt continues to grow, reaching record $2.5T, credit bureaus say

TORONTO — Consumer debt rose to a record $2.5 trillion in the third quarter as many Canadians continue to struggle with high living costs and rising unemployment, new surveys from two credit bureaus say.
Allowing a period of price declines would be ‘painful’ for Canadians: BoC official

Allowing a period of price declines would be ‘painful’ for Canadians: BoC official

OTTAWA — Bank of Canada deputy governor Rhys Mendes says allowing for a period of price declines may sound tempting, but it would ultimately be more painful for Canadians.
Mario Canseco: B.C.'s digital divide persists post-pandemic

Mario Canseco: B.C.'s digital divide persists post-pandemic

Younger and older British Columbians approach e-commerce and online risks differently, according to polling
Canada Post strike enters 12th day as negotiations continue

Canada Post strike enters 12th day as negotiations continue

A key issue in bargaining has been a push to expand parcel deliveries into the weekend, but the union and Canada Post are at odds over how to make it work.

Trump threatens to impose sweeping new tariffs on Mexico, Canada and China on first day in office

NEW YORK (AP) — President-elect Donald Trump is threatening to impose sweeping new tariffs on Mexico, Canada and China as soon as he takes office as part of his efforts to crack down on illegal immigration and drugs.
Vancouver's 2025 draft operating budget reaches $2.36 billion

Vancouver's 2025 draft operating budget reaches $2.36 billion

A property tax hike of 5.5 per cent is recommended to balance the budget, which includes a $434-million request from the Vancouver Police Department.
Premiers seek 'urgent' meeting with Trudeau before Trump returns to White House

Premiers seek 'urgent' meeting with Trudeau before Trump returns to White House

OTTAWA — Canada's premiers are asking Prime Minister Justin Trudeau to hold an urgent first ministers' meeting ahead of the return to office of president-elect Donald Trump.
Miller to propose more changes to immigration and asylum system

Miller to propose more changes to immigration and asylum system

Immigration Minister Marc Miller told the House of Commons immigration committee Monday that the asylum and refugee system is not working the way it should due to volume and inefficiency.
LifeLabs data breach report released after firm loses four-year bid to keep it quiet

LifeLabs data breach report released after firm loses four-year bid to keep it quiet

B.C. Information and Privacy Commissioner Michael Harvey says in a statement that "the road to accountability and transparency has been too long" for the victims of the data breach.
Freeland says the two-month GST holiday is meant to tackle the 'vibecession'

Freeland says the two-month GST holiday is meant to tackle the 'vibecession'

OTTAWA — The federal government is hoping a temporary break on GST will address a "vibecession" that has gripped Canadians, Finance Minister Chrystia Freeland said Monday. Prime Minister Justin Trudeau announced last week that starting Dec.