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Economy, Law & Politics
Economy, Law & Politics
The rent-a-friend industry is booming among Canada's Chinese diaspora
Beijia Ge's work duties change on an hourly basis. The Kingston, Ont., resident might be chatting with Chinese students about their secrets and challenges, or helping someone pack a suitcase, or baking cakes with a senior citizen.
Dec 23, 2024 1:00 AM
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B.C. law society seeks Fintrac info on money laundering red flags
Fintrac found last year that about 2,400 suspicious transaction reports submitted by reporting entities, such as banks, were tied to legal professionals.
Dec 21, 2024 9:00 AM
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Vancouver man jailed 90 days for withdrawing 'frozen' funds
Scott Thomas Low admitted he contravened a freeze order and withdrew money from his bank accounts while under investigation for securities misconduct.
Dec 20, 2024 8:30 PM
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Prime Minister Justin Trudeau announces new lieutenant-governor for B.C.
VICTORIA — Prime Minister Justin Trudeau has announced the appointment of longtime businesswoman and philanthropist Wendy Lisogar-Cocchia as British Columbia's 31st lieutenant-governor.
Dec 20, 2024 3:12 PM
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Drama eclipses Trudeau's cabinet shuffle amid sabre rattling over election timing
The typical excitement and celebratory vibes of a cabinet shuffle were absent earlier Friday, as eight backbench Liberals were promoted to cabinet and four existing ministers got new or additional roles.
Dec 20, 2024 2:13 PM
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S&P/TSX up almost 200 points, U.S. stock markets also rise to end rocky week
TORONTO — Canada's main stock index gained almost 200 points Friday as markets broadly rose to end a rocky trading week, with the main U.S. indexes each gaining more than one per cent. The S&P/TSX composite index closed up 185.
Dec 20, 2024 1:46 PM
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Singh says NDP will bring forward a non-confidence motion to bring government down
If such a vote were to pass, it would trigger an election. The House is scheduled to sit again until Jan. 27.
Dec 20, 2024 1:43 PM
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Stock market today: Wall Street rises to turn a dismal week into just a bad one
NEW YORK (AP) — U.S. stocks rose to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The S&P 500 rallied 1.1% Friday to shave its loss for the week down to 2%.
Dec 20, 2024 1:07 PM
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Home affordability improves, but still challenging for many Canadians: RBC report
TORONTO — Home affordability in Canada is improving, according to a new RBC Economics report, but strains remain. The report, released Friday, said home ownership costs in Canada have eased for three consecutive quarters.
Dec 20, 2024 12:21 PM
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Federal government posts $14.5-billion deficit for April-to-October period
OTTAWA — The Finance Department says the federal deficit was $14.5 billion between April and October. That compares to a $15.1 billion deficit over the same period last year. According to the monthly fiscal monitor, revenues were up $26.
Dec 20, 2024 8:00 AM
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