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Economy, Law & Politics
Economy, Law & Politics
S&P/TSX composite down, U.S. stocks also lower on fears of conflict escalation
TORONTO — Canada's main stock index closed down despite strength in the energy sector, while U.S. markets also moved lower over rising fears that the conflict between Israel and Iran could escalate.
Jun 17, 2025 2:04 PM
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Dow drops nearly 300 after oil prices jump as Trump urges Iran's unconditional surrender
NEW YORK (AP) — U.S. stocks slumped under the weight of a jump for the price of oil. The S&P 500 fell 0.8% Tuesday following signals that Israel’s conflict with Iran may be worsening and that one of the U.S. economy’s main engines is weakening.
Jun 17, 2025 1:05 PM
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Bank of Canada weighed June rate cut — but trade uncertainty kept it on hold
OTTAWA — New meeting records show the Bank of Canada's top decisionmakers were weighing an interest rate cut earlier this month but didn't feel like they knew enough about how the tariff dispute with the United States would unfold to pull the trigger
Jun 17, 2025 1:00 PM
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DHL Express to suspend operations countrywide amid strike, lockout
DHL Express Canada plans to shut down operations across the country this week amid a strike and lockout involving 2,100 truck drivers and other workers, adding to turmoil in the parcel market.
Jun 17, 2025 12:51 PM
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U.S. trade, geopolitics top financial concerns among Canadians: HOOPP survey
TORONTO — A new survey finds geopolitical instability and U.S. trade tensions are top sources of financial concern for Canadians, and even impacting retirement planning for some.
Jun 17, 2025 8:36 AM
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Statistics Canada updates CPI basket, raises weight of shelter and transportation
OTTAWA — Statistics Canada on Tuesday updated the basket weights for the goods and services it uses to determine inflation, increasing the influence of the shelter and transportation components.
Jun 17, 2025 7:08 AM
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Federal government says it will move open banking forward at 'earliest opportunity'
OTTAWA — The federal government says it will introduce legislation to implement open banking at its "earliest opportunity" as some advocates warn the project's momentum may have stalled.
Jun 17, 2025 6:34 AM
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The Power of Mentorship
BIV and Big Sisters of B.C. Lower Mainland have partnered to spotlight mentor-mentee pairs
Jun 17, 2025 6:00 AM
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Trump leaves G7 summit early amid escalations in Middle East
KANANASKIS — Escalating violence in the Middle East overshadowed movement on trade deals within the G7 on Monday, as U.S. President Donald Trump departed the summit in Alberta a day early because of the crisis in Israel and Iran.
Jun 16, 2025 10:51 PM
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Liberals under fire for rushing bill through Parliament to speed up resource projects
OTTAWA — Prime Minister Mark Carney’s government is coming under fire for seeking to rush through a major piece of legislation that grants cabinet sweeping powers to quickly approve major projects.
Jun 16, 2025 5:35 PM
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