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Economy stalled in August, Q3 growth looks to fall short of Bank of Canada estimates
OTTAWA — The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses, while a preliminary estimate suggests it grew at an annualized rate of one per cent in the third quarter.
Oct 31, 2024 9:18 AM
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Global refinery market weakness hits Parkland Corp.'s Burnaby refinery
CALGARY — Fuel retailer Parkland Corp. has lowered its full-year earnings forecast as sluggish market conditions continue to take a bite out of margins at the company's Burnaby, B.C. refinery.
Oct 31, 2024 7:33 AM
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What you need to know before helping your child with a home down payment
OTTAWA — With the benchmark prices for a home in Toronto or Vancouver at over a million dollars, the prospect of saving enough for a down payment to enter the real estate market can be a daunting task for first-time buyers.
Oct 31, 2024 7:00 AM
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Surgical robot coming to Victoria hospitals this year
The foundation is fundraising for a 10-year robotics program and system upgrades that will first be used in urology
Oct 31, 2024 6:30 AM
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B.C.'s late entry to LNG market carries 'significant economic risk': U.K. report finds
Unsanctioned B.C. LNG projects were forecast to produce gas 26% more expensive than the global average, and up to 80% pricier than bulk producers like Qatar — raising questions over whether the province can recoup its investments.
Oct 31, 2024 6:00 AM
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Worsening Canada-India relationship may spare B.C. businesses
Free-trade talks between the countries have been suspended but business owners say trade with Indian customers remains strong
Oct 30, 2024 4:00 PM
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The loonie is trading at lows not seen in years. Here's what it means for Canadians
The Canadian dollar is trading against the U.S. dollar at levels not seen since 2020 as the combined pressures of economic outlooks, elections, and energy prices weigh. Here's what you need to know.
Oct 30, 2024 2:02 PM
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More infrastructure investment needed in B.C., says construction association
High cost of materials and labour contributing to unaffordability, says BCCA
Oct 30, 2024 2:00 PM
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B.C. business leaders urge parties to prioritize economy in open letter
Business groups are sounding the alarm on the province's economy amid job losses, rising debt
Oct 30, 2024 12:47 PM
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Loblaw, Empire call for end to property controls amid Competition Bureau probe
Loblaw says it wants to eliminate commercial property controls in the grocery industry, amid a Competition Bureau investigation into the practice — and it's calling on other grocers to do the same.
Oct 30, 2024 11:56 AM
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