Economy, Law & Politics

Some extra cash may be about to land in your bank account. But don't label that third paycheque a bonus, experts warn.

OTTAWA — Canada's economy contracted for a second straight month in May even as some sectors held up in the face of U.S. tariffs. Real gross domestic product fell 0.1 per cent in May, Statistics Canada said Thursday, matching the decline in April.

Donny van Dyk is the new City Manager for Vancouver

WASHINGTON — Prime Minister Mark Carney said on Wednesday that Canada's negotiations with the United States might not conclude by Donald Trump's Aug.

Innovation stays, but 'growth' is the new buzzword as B.C. shuffles cabinet and updates economic plan

TORONTO — Canada's main stock index saw broad declines Wednesday while U.S. markets were mixed as both the Bank of Canada and the U.S. Federal Reserve held borrowing costs steady. The S&P/TSX composite index finished 169.

NEW YORK (AP) — U.S. stock indexes slipped as doubts rise about whether the Federal Reserve will deliver economy-juicing cuts to interest rates by September. The S&P 500 fell 0.1% Wednesday. The Dow Jones Industrial Average dropped 0.

OTTAWA — The Bank of Canada left its policy rate unchanged Wednesday but said future cuts may be warranted as U.S. tariffs continue to cloud the outlook. The central bank’s policy rate remains at 2.75 per cent after a third consecutive hold.

Two major programs are driving demand and positioning B.C. as a national leader