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Economy, Law & Politics

Stock market today: Wall Street rises at the start of a holiday-shortened week

Stock market today: Wall Street rises at the start of a holiday-shortened week

Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom.
Bank of Canada watching economy closely after half-point rate cut

Bank of Canada watching economy closely after half-point rate cut

OTTAWA — The Bank of Canada's governing council expects its second straight outsized interest rate cut helped it turn a corner in its fight to tame inflation, but it is watching the economy closely amid weaker than expected growth.
Competition Bureau clarifies expectations around new greenwashing rules

Competition Bureau clarifies expectations around new greenwashing rules

GATINEAU, Que. — The Competition Bureau released draft guidelines on Monday that aim to clarify expectations around new greenwashing rules.

Ottawa names new president and CEO of Export Development Canada

OTTAWA — The federal government has named Alison Nankivell the new president and chief executive officer of Export Development Canada, succeeding Mairead Lavery who helmed the Crown corporation for the past six years.
Rob Shaw: 2024 redefined the rules of СÀ¶ÊÓƵ politics

Rob Shaw: 2024 redefined the rules of СÀ¶ÊÓƵ politics

Defections, drama and a near minority marked one of the wildest years on the West Coast
Statistics Canada reports real GDP grew 0.3 per cent in October

Statistics Canada reports real GDP grew 0.3 per cent in October

OTTAWA — Statistics Canada says the economy grew 0.3 per cent in October, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September.
Green Party's Elizabeth May reflects on unprecedented week in Canadian politics

Green Party's Elizabeth May reflects on unprecedented week in Canadian politics

OTTAWA — Elizabeth May says in all her years on Parliament Hill she has never seen anything like the last week in Canadian politics. In a year-end interview with The Canadian Press, May — now in her 13th year as the СÀ¶ÊÓƵ
The rent-a-friend industry is booming among Canada's Chinese diaspora

The rent-a-friend industry is booming among Canada's Chinese diaspora

Beijia Ge's work duties change on an hourly basis. The Kingston, Ont., resident might be chatting with Chinese students about their secrets and challenges, or helping someone pack a suitcase, or baking cakes with a senior citizen.
СÀ¶ÊÓƵ law society seeks Fintrac info on money laundering red flags

СÀ¶ÊÓƵ law society seeks Fintrac info on money laundering red flags

Fintrac found last year that about 2,400 suspicious transaction reports submitted by reporting entities, such as banks, were tied to legal professionals.
Vancouver man jailed 90 days for withdrawing 'frozen' funds

Vancouver man jailed 90 days for withdrawing 'frozen' funds

Scott Thomas Low admitted he contravened a freeze order and withdrew money from his bank accounts while under investigation for securities misconduct.
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