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Economy, Law & Politics

Trudeau prorogues Parliament, will step down as prime minister after leadership race

Trudeau prorogues Parliament, will step down as prime minister after leadership race

OTTAWA — As a tearful Justin Trudeau outlined his plans to resign as Liberal leader and prime minister on Monday, he put the country on track for an early election featuring a new party flagbearer for the first time in a decade.
Timeline: The highs and lows of Trudeau's political life

Timeline: The highs and lows of Trudeau's political life

OTTAWA — Prime Minister Justin Trudeau is stepping down as Liberal leader after almost a decade at the helm of the party. Here is a timeline of Trudeau's rise to party leadership and prime minister, and the events that led him to give it all up. Oct.
Trudeau's resignation comes at tough time for Canada-U.S. tariff talks: experts

Trudeau's resignation comes at tough time for Canada-U.S. tariff talks: experts

WASHINGTON — The difficult diplomacy Canada is attempting with the incoming Trump administration took on new pressure Monday as Prime Minister Justin Trudeau announced he will resign his post as soon as a new Liberal leader is chosen.
S&P/TSX composite sees small loss Monday after Trudeau resignation, U.S. stocks mixed

S&P/TSX composite sees small loss Monday after Trudeau resignation, U.S. stocks mixed

TORONTO — Canada's main stock index closed slightly lower on Monday after Prime Minister Justin Trudeau officially announced he plans to step aside, while U.S. stock markets were mixed. “It was widely expected.
What the death of capital gains tax legislation means for B.C. businesses

What the death of capital gains tax legislation means for B.C. businesses

Tax filers may be expected to pay tax under the failed bill and then be reimbursed
CBSA says it acted in 'good faith' detaining solar panels in forced labour probe

CBSA says it acted in 'good faith' detaining solar panels in forced labour probe

VANCOUVER — The Canada Border Services Agency says it acted lawfully and in "good faith" when it detained nearly 50 containers of solar panels belonging to a Victoria, B.C., company over concerns they were made using forced labour.
Stock market today: Nvidia and other tech stocks pull Wall Street higher

Stock market today: Nvidia and other tech stocks pull Wall Street higher

NEW YORK (AP) — Rising technology stocks helped U.S. indexes recover more of their holiday-season slide that bridged the new year. The S&P 500 climbed 0.6% Monday, its second straight gain following five straight losses.
Business groups call for unity as Trudeau announcement creates uncertainty

Business groups call for unity as Trudeau announcement creates uncertainty

TORONTO — Prime Minister Justin Trudeau's plan to step down has business experts warning about the heightened uncertainty it has created and the need for a unified front to face the challenges ahead.
Some quotes on Justin Trudeau's decision to step down

Some quotes on Justin Trudeau's decision to step down

Here's what people are saying about Justin Trudeau's decision to step down as prime minister and Liberal leader.
Putting Parliament on hold puts mining tax credits in question

Putting Parliament on hold puts mining tax credits in question

Mineral exploration companies rely on 'temporary' tax credit to be passed in budget