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'Definitely busier': Retailers, restaurants see spending boost amid tax holiday
Almost a week into the GST holiday, retailers and restaurant owners appear on track for a sales boost despite some of the struggles they faced implementing the temporary break.
Dec 20, 2024 1:40 PM
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Home affordability improves, but still challenging for many Canadians: RBC report
TORONTO — Home affordability in Canada is improving, according to a new RBC Economics report, but strains remain. The report, released Friday, said home ownership costs in Canada have eased for three consecutive quarters.
Dec 20, 2024 12:21 PM
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Former B.C. premier Glen Clark has been appointed as the new BC Hydro chair
VICTORIA — Former B.C. premier Glen Clark is returning to the public eye, two years after leaving his high-profile position as president of Jim Pattison Group.
Dec 20, 2024 11:54 AM
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Federal government posts $14.5-billion deficit for April-to-October period
OTTAWA — The Finance Department says the federal deficit was $14.5 billion between April and October. That compares to a $15.1 billion deficit over the same period last year. According to the monthly fiscal monitor, revenues were up $26.
Dec 20, 2024 8:00 AM
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Canadian retail sales up 0.6% in October, buoyed by vehicle purchases
OTTAWA — Retail sales rose 0.6 per cent to $67.6 billion in October, led by increases in vehicle sales, said Statistics Canada on Friday.
Dec 20, 2024 6:56 AM
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Insolvency wave hit B.C. firms hard in 2024 amid economic squeeze
Inflation, elevated interest rates, market disruptions drove business failures in key sectors
Dec 20, 2024 6:00 AM
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B.C. small business confidence among lowest in Canada, says report
Provincial levies, payroll requirements and crime among reasons for bleak outlooks
Dec 19, 2024 4:00 PM
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MPs Bendayan, Duguid, Fisher to join Trudeau cabinet in shuffle Friday
OTTAWA — Prime Minister Justin Trudeau is set to add multiple new names to his cabinet Friday when he shuffles his team days after Chrystia Freeland rattled the party and the government with her sudden resignation as finance minister.
Dec 19, 2024 3:47 PM
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Landslide on tracks stops Amtrak passenger runs between Seattle and Vancouver
WHITE ROCK, B.C. — A landslide that blocked railway tracks has stopped Amtrak passenger service between Vancouver and Seattle. Amtrak says in a statement Thursday that the landslide near White Rock, B.C.
Dec 19, 2024 2:34 PM
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U.S. tariffs potentially devastating for Canadian businesses: CME poll
OTTAWA — The tariffs threatened by U.S. president-elect Donald Trump could be potentially devastating for Canadian businesses and workers, said a new survey by lobby group Canadian Manufacturers and Exporters.
Dec 19, 2024 12:46 PM
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