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Business groups say B.C. port stoppage will hurt companies, Canadian economy
Business groups say the work stoppage at B.C. ports is the latest in a run of supply chain disruptions affecting Canadian companies and the country's economy.
Nov 5, 2024 12:45 PM
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BoC considered lowering rate by quarter point, but felt economy warranted a jumbo cut
OTTAWA — The Bank of Canada considered cutting its key interest rate by just a quarter of a percentage point last month, but opted to take a larger step in the face of a weakening economy and falling inflation.
Nov 5, 2024 10:41 AM
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Inflation is down, wages are up. Why are Canadians still frustrated with the economy?
OTTAWA — The federal finance minister has been taking every opportunity to remind frustrated Canadians that after a bumpy pandemic recovery, the nation's economy is actually doing a lot better. Inflation is now at 1.
Nov 5, 2024 1:00 AM
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B.C. port employers launch lockout at terminals in labour dispute with workers
VANCOUVER — Employers have locked out more than 700 unionized workers in the latest development in a labour dispute that the union says will shut down all ports in British Columbia until further notice.
Nov 4, 2024 4:35 PM
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Status quo better than NDP minority, say B.C. business leaders
Industry groups urge fiscal restraint.
Nov 4, 2024 4:00 PM
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BC Conservatives flush with cash after donations outpace NDP in final campaign drive
In addition to a massive spike in campaign donations following the capitulation of BC United, the BC Conservatives are set to receive nearly $1.7 million in per-vote subsidy, for future operational costs.
Nov 4, 2024 1:45 PM
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Vancouver home sales surge in October amid lower borrowing costs: board
VANCOUVER — Greater Vancouver Realtors says home sales in the region jumped 31.
Nov 4, 2024 11:21 AM
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CMHC says mortgage risks remain as delinquencies creep up, alternative lending grows
Risks remain in the mortgage market as a wave of borrowers still have to renew at higher rates, alternative lenders take a growing share of new mortgages and delinquency rates keep creeping up, Canada's housing agency says.
Nov 4, 2024 10:58 AM
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Five things to watch for in the Canadian business world in the coming week
Five things to watch for in the Canadian business world in the coming week, from a Bank of Canada on its recent interest rate decision to Statistics Canada's newest labour force survey.
Nov 4, 2024 8:30 AM
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October auto sales rise to match 2019 levels, DesRosiers says
TORONTO — DesRosiers Automotive Consultants Inc. says vehicle sales in October were up 8.8 per cent from the same month last year.
Nov 4, 2024 8:26 AM
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