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Economy, Law & Politics
Economy, Law & Politics
RBC's takeover of HSBC Canada means less competition on mortgage rates: expert
The rubberstamped sale of HSBC's Canadian operations to RBC will lessen competition onmortgage rates, says one analyst who touted the bank's key role in lowering borrowing costs through its presence in Canada.
Dec 22, 2023 11:16 AM
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Federal government posts $15.1 billion deficit between April and October this year
OTTAWA — The federal government recorded a budgetary deficit of $15.1 billion between April and October, $7 billion of which was in October.
Dec 22, 2023 8:00 AM
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GDP unchanged for third straight month in October: Statistics Canada
OTTAWA — Statistics Canada says the economy remained flat in October for the third straight month as services-producing industries edged 0.1 per cent higher, while goods-producing industries were unchanged.
Dec 22, 2023 6:01 AM
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Receiver's report suggests Martel investors may not see a dime
Based on what the receiver has recovered so far, none of 860 investors who lodged claims with receivership will receive any financial return.
Dec 22, 2023 4:45 AM
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The high costs of wildfires in 2023: For homeowners the struggles carry on for months
British Columbia suffered its worst wildfire season on record, with about 400 homes destroyed and more than 2.8 million hectares burned.
Dec 22, 2023 1:00 AM
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Freeland approves RBC's $13.5-billion takeover of HSBC Canada with conditions
OTTAWA — Finance Minister Chrystia Freeland has approved RBC's $13.5-billion takeover of HSBC Canada, despite calls from opposition politicians and other groups to block it over concerns of reduced competition.
Dec 21, 2023 7:36 PM
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BC Conservatives’ swift ascent stands in stark contrast to United’s 2023 stumbles, says polling
The BC Conservatives should be seen as the clear winners among the opposition parties this year
Dec 21, 2023 4:00 PM
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B.C.'s Nisga’a Nation goes to court to evict ‘outlaws’
Nisga’a say neighbouring First Nation doesn’t have legal right to occupy Nass Wildlife Area
Dec 21, 2023 2:30 PM
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Ship that housed Ukrainian refugees to provide worker accommodations in Squamish
Woodfibre LNG's upcoming floatel worker housing once was home to Ukrainians fleeing the Russian invasion.
Dec 21, 2023 1:26 PM
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Skyrocketing 'ridiculously expensive' civic projects mean Burnaby wants experts to review costs
One city councillor said the projects are 'over-designed.'
Dec 21, 2023 12:30 PM
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