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Economy, Law & Politics

S&P/TSX composite ticks lower Tuesday as oil prices fall, U.S. markets mixed

S&P/TSX composite ticks lower Tuesday as oil prices fall, U.S. markets mixed

TORONTO — Losses in the energy sector weighed on Canada's main stock index as the price of oil fell Tuesday, though the index posted just a small decline while U.S. markets were mixed. The S&P/TSX composite index was down 24.06 points at 23,003.
Stock market today: Wall Street drifts as Oracle soars and banks and oil slump

Stock market today: Wall Street drifts as Oracle soars and banks and oil slump

NEW YORK (AP) — U.S. stocks drifted to a mixed close following several weeks of sharp swings. The S&P 500 rose 0.4% higher Tuesday. The Dow Jones Industrial Average slipped 0.2%, and the Nasdaq composite rose 0.8%.
PHAC explains reason for pulling COVID-19 vaccines before new ones approved

PHAC explains reason for pulling COVID-19 vaccines before new ones approved

The Public Health Agency of Canada says it asked provinces to get rid of existing COVID-19 vaccines to avoid confusion with new formulations that will have the same drug identification number.
B.C. business leaders sound alarm on economic stagnation ahead of election

B.C. business leaders sound alarm on economic stagnation ahead of election

Industry groups call for urgent reforms and economic vision to address affordability crisis
Canada begins process to impose tariffs on Chinese batteries, critical minerals

Canada begins process to impose tariffs on Chinese batteries, critical minerals

NANAIMO, B.C. — Finance Minister Chrystia Freeland says the required consultation period to impose tariffs on more clean energy goods coming from China will begin today.
B.C.'s Community Savings expands financing options to cannabis sector

B.C.'s Community Savings expands financing options to cannabis sector

Loans to cannabis-sector businesses top $10M, while accounts-receivable advances top $5.3M
Bank of Canada governor urges Canada to reduce trade barriers amid supply chain risks

Bank of Canada governor urges Canada to reduce trade barriers amid supply chain risks

Canada needs to seize opportunities to secure its place in the changing global trade landscape, Bank of Canada governor Tiff Macklem said.
Always racing at the speed of a greyhound, Eby ready for election dash

Always racing at the speed of a greyhound, Eby ready for election dash

David Eby's relentless pace pushes B.C. politics into uncharted territory, but can he keep up?
Western Canada self-storage space surges on personal, business demand

Western Canada self-storage space surges on personal, business demand

Condo dwellers drove initial demand, but units now provide light industrial space
Business lobby group warns Ottawa digital services tax could 'imperil' trade talks

Business lobby group warns Ottawa digital services tax could 'imperil' trade talks

WASHINGTON — One of Canada’s most influential business lobby groups is warning Ottawa about damage to the relationship with the United States after the Biden administration escalated efforts to halt the federal government's tax on large foreign digit
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