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Economy, Law & Politics
Economy, Law & Politics
Statistics Canada says wholesale sales up 2.1 per cent in October
OTTAWA — Statistics Canada says wholesale sales rose 2.1 per cent to $83.4 billion in October, boosted by gains in the miscellaneous goods, building material and supplies, and personal and household goods subsectors.
Dec 16, 2022 6:05 AM
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Contraband tobacco inhales 30 to 50 per cent of СÀ¶ÊÓƵ market, retailers, industry fear
VICTORIA — At first, Cory Holland thought government anti-smoking measures were working when he noticed tobacco sales at his British Columbia convenience store started to drop.
Dec 16, 2022 1:20 AM
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In The News for Dec. 16: Are Canadians losing money by not filing taxes?
In The News is a roundup of stories from The Canadian Press designed to kickstart your day. Here is what's on the radar of our editors for the morning of Dec. 16 ... What we are watching in Canada ...
Dec 16, 2022 1:20 AM
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Canada is losing ground and falling behind U.S. on trade with Africa, senators say
OTTAWA — Senators are warning Trade Minister Mary Ng that Ottawa may be falling behind its peers in establishing deeper trade ties with Africa. "We're not in some of the geographies we need to be," Ontario Sen.
Dec 15, 2022 11:50 AM
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S&P/TSX composite down nearly 400 points, U.S. stock markets also lower
TORONTO — Canada's main stock index was down nearly 400 points in a broad-based decline in late-morning trading, while U.S. stock markets also fell a day after the U.S.
Dec 15, 2022 9:05 AM
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Supply-chain turbulence is here to stay, so what is Canada doing about it?
OTTAWA — Finance Minister Chrystia Freeland has lots of reasons to be losing sleep. Soaring living costs have Canadians lined up at food banks. The federal Liberals are anticipating a possible recession.
Dec 14, 2022 11:35 AM
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Fed raises key rate by half-point and signals more to come
WASHINGTON (AP) — The Federal Reserve reinforced its inflation fight Wednesday by raising its key interest rate for the seventh time this year and signaling more hikes to come.
Dec 14, 2022 11:35 AM
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BOC governor Tiff Macklem defends recent interest-rate hike
Macklem spoke today at the Fairmont Hotel Vancouver
Dec 13, 2022 8:44 AM
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Vancouver economy set for 2023 slowdown as labour strains, interest rates take toll
Think tank expects real GDP to expand 2.2% next year – down from 2.8% growth in 2022
Oct 14, 2022 3:22 PM
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Budget officer projects considerably slower economy, declining federal deficit
OTTAWA — The parliamentary budget officer is projecting the economy will slow considerably in the second half of 2022 and remain weak next year as the Bank of Canada continues to raise interest rates.
Oct 13, 2022 7:20 AM
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