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Economy, Law & Politics

Bank of Canada cuts key interest rate for first time in more than four years

Bank of Canada cuts key interest rate for first time in more than four years

OTTAWA — The Bank of Canada marked a major turning point in its fight against inflation on Wednesday as it lowered its key interest rate for the first time in more than four years, making it the first central bank in the G7 to cut rates.
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BC United MLAs confident in voter support despite rise of Conservatives

BC United MLAs confident in voter support despite rise of Conservatives

Todd Stone expects 'normalization' of poll numbers before fall elections
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Rob Shaw: SOGI, Bonnie Henry in the crosshairs of newly minted BC Conservative MLA Sturko

Rob Shaw: SOGI, Bonnie Henry in the crosshairs of newly minted BC Conservative MLA Sturko

Former BC United politician wastes no time challenging previous party positions after crossing the floor Monday
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Kirk LaPointe: On infrastructure, the North Shore is not being well served

Kirk LaPointe: On infrastructure, the North Shore is not being well served

Whether it’s wastewater or our bridges, our population is not being well served right now
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Text of the Bank of Canada's decision to cut its key interest rate target

OTTAWA — The Bank of Canada cut its key interest rate target by 25 basis points to 4.75 per cent on Wednesday. Here is the text of the central bank's decision: The Bank of Canada today reduced its target for the overnight rate to 4.
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Data Points: B.C.’s record immigration masks largest net outflow in decades

Data Points: B.C.’s record immigration masks largest net outflow in decades

Vancouver CMA sees highest net loss to interprovincial migration in more than 20 years
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Privacy commissioners investigate B.C. firm that does background checks for landlords

Privacy commissioners investigate B.C. firm that does background checks for landlords

OTTAWA — The privacy commissioners of Canada and British Columbia have launched an investigation into a Victoria-based company that performs background checks on tenants and others.
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Border strike will start Friday afternoon if mediation fails: union

Border strike will start Friday afternoon if mediation fails: union

OTTAWA — The union representing thousands of Canadian border workers says they will begin job action Friday afternoon if no deal is reached by then.
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Richmond Hospital project cost doubles to $1.9B

Richmond Hospital project cost doubles to $1.9B

The Yurkovich Tower construction project is expected to begin in 2026.
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Vancouver councillor hints at city memorial for Tiananmen Square massacre

Vancouver councillor hints at city memorial for Tiananmen Square massacre

A new public memorial of the Tiananmen Square massacre on City of Vancouver land has support from city councillor Lenny Zhou, who will mark the event's 35th anniversary at David Lam Park on Tuesday.
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