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Statistics Canada reports merchandise trade deficit $160M in December

Statistics Canada reports merchandise trade deficit $160M in December

OTTAWA — Statistics Canada says the country posted a merchandise trade deficit of $160 million in December as both exports and imports fell compared with November.
Canadians now expect to need $1.7M in order to retire: BMO survey

Canadians now expect to need $1.7M in order to retire: BMO survey

CALGARY — Canadians now believe they need $1.7 million in savings in order to retire, a 20 per cent increase from 2020, according to a new BMO survey.
Vancouver Mayor Ken Sim’s top staffer quits

Vancouver Mayor Ken Sim’s top staffer quits

Mayor Ken Sim is looking for a new chief of staff, after just three months in office.
Rob Shaw: Eby hit snooze on his momentum with uneventful throne speech

Rob Shaw: Eby hit snooze on his momentum with uneventful throne speech

Premier David Eby says he has no shortage of ideas on how to tackle the biggest crises of our time – from the strain on the health-care system, to rising crime on СÀ¶ÊÓƵ
Canucks Autism Network chair under fraud probe for securities work

Canucks Autism Network chair under fraud probe for securities work

North Vancouver securities lawyer Bill MacDonald is being investigated by the law society for his alleged role in market manipulation schemes.
NDP throne speech says СÀ¶ÊÓƵ government will spend surplus as slowdown looms

NDP throne speech says СÀ¶ÊÓƵ government will spend surplus as slowdown looms

VICTORIA — British Columbia's New Democrat government says it plans to put this year's projected budget surplus of almost $6 billion to work as an economic slowdown looms. The government's throne speech, read by Lt.-Gov.
Feds will increase annual health transfer and offer targeted funding with conditions

Feds will increase annual health transfer and offer targeted funding with conditions

OTTAWA — Prime Minister Justin Trudeau will offer the provinces a "significant" increase to the Canada Health Transfer and additional money if they agree to one-on-one deals targeting specific problem areas in the health-care system.
Canadian government announces $46.5 million for deep-sea research

Canadian government announces $46.5 million for deep-sea research

VANCOUVER — The federal government is investing more than $46 million over the next five years to see what’s under Canada’s oceans and then protect it.
Rob Shaw: Expect Eby to double down on priorities in throne speech Monday

Rob Shaw: Expect Eby to double down on priorities in throne speech Monday

Premier David Eby has been sprinting through his first three months in office, checking off items from his 100-day action plan with increasing frequency.
Canadian dollar's outlook for 2023 uncertain as interest rate hikes wane: experts

Canadian dollar's outlook for 2023 uncertain as interest rate hikes wane: experts

Experts say the outlook for the loonie in 2023 largely depends on commodity prices, how the U.S. dollar fares, and whether central banks are successful in avoiding a major recession.
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