Economy, Law & Politics

OTTAWA — Inflation and higher interest rates have eroded Canadians' purchasing power since 2022, particularly for lower-income households, a new report from the parliamentary budget officer has found.

OTTAWA — Statistics Canada says the country posted a merchandise trade deficit of $1.1 billion in August as lower oil prices weighed on exports. The agency said Tuesday the result compared with a revised deficit of $287 million in July.

The carpenter, whose investments evaporated when Tesla stock took a dive, is blaming his financial advisers, saying they gave him bad advice

WASHINGTON — A new report from the Canadian Chamber of Commerce is sending a stark warning ahead of the U.S. presidential election, saying protectionist policies like Donald Trump's proposed tariffs could damage economies on both sides of the border.

Salary is the top consideration for many professional workers, although flexible work schedules are a perk that could lure recruits.

David Eby says B.C. First Nations must have priority in consultations with First Nations

TORONTO — KPMG says nine in 10 Canadian CEOs are considering making an acquisition within the next three years to help boost their company's growth.

VANCOUVER — The British Columbia election campaign is about to reach a critical juncture with the three main party leaders set to square off in a television debate Tuesday. It's the only televised debate of the campaign ahead of voting day on Oct.

BC NDP and BC Conservative election promises commit significant public money to address housing costs at scale

TORONTO — Five things to watch for in the Canadian business world in the coming week: Investment conference Principles for Responsible Investment will hold its annual PRI In Person annual conference in Toronto this week.