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Economy, Law & Politics

Why few Canadian credit-card holders are benefiting from interest-rate cuts, unlike in the U.S.

Why few Canadian credit-card holders are benefiting from interest-rate cuts, unlike in the U.S.

Credit cards in the U.S. typically have variable interest rates, but in Canada the majority of credit cards have fixed rates
Alleged oil-tank leak sparks lawsuit against realtor, former home owners

Alleged oil-tank leak sparks lawsuit against realtor, former home owners

Homeowner claims she did not know a property she bought in 2020 had an underground oil tank, much less that it was leaking hydrocarbons into the soil
Judicial recount dates set for two B.C. ridings to wrap up provincial election

Judicial recount dates set for two B.C. ridings to wrap up provincial election

VICTORIA — Vote counting in the British Columbia provincial election will finally conclude next week with judicial recounts set for two ridings.

B.C. Métis group leaves Métis National Council assembly, mulls removal entirely

OTTAWA — The Métis National Council says its election for a new president will be delayed after the Métis Nation of British Columbia withdrew from its annual general assembly, leaving more questions about the future of the body that was a significant
S&P/TSX composite falls 1.4% Thursday, U.S. stock markets also tumble

S&P/TSX composite falls 1.4% Thursday, U.S. stock markets also tumble

TORONTO — Canada's main stock index fell 1.4 per cent Thursday, with broad losses led by base metals and technology, while U.S. stock markets also fell as drops in major tech stocks weighed on Wall Steet.
Unregistered trading through Hong Kong firms lands B.C. man $125K fine, ban

Unregistered trading through Hong Kong firms lands B.C. man $125K fine, ban

Two men from North Vancouver and Revelstoke who brokered unregistered sales of securities trough Hong Kong firms face sanctions from the B.C. Securities Commission
Sharing personal information with your employer can be tricky business

Sharing personal information with your employer can be tricky business

If deception undermines the core of the employment relationship, it can justify dismissal without severance, even many years later
Economy stalled in August, Q3 growth looks to fall short of Bank of Canada estimates

Economy stalled in August, Q3 growth looks to fall short of Bank of Canada estimates

OTTAWA — The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses, while a preliminary estimate suggests it grew at an annualized rate of one per cent in the third quarter.
Rob Shaw: Conservatives had everything it took to form a majority. Why didn't they?

Rob Shaw: Conservatives had everything it took to form a majority. Why didn't they?

How timing and tactics cost John Rustad's party a win
Stock market today: Wall Street opens lower as Big Tech stocks pull back

Stock market today: Wall Street opens lower as Big Tech stocks pull back

NEW YORK (AP) — Wall Street is feeling the downside of high expectations as Microsoft and Meta Platforms lead U.S. stock indexes lower despite delivering strong profits for the summer. The S&P 500 was down 0.