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Economy, Law & Politics

Premiers huddle with Carney in Saskatoon to choose major projects to prioritize

Premiers huddle with Carney in Saskatoon to choose major projects to prioritize

SASKATOON — British Columbia is pushing back against Alberta Premier Danielle Smith's proposal for a bitumen pipeline to B.C.'s northern coast.
S&P/TSX composite up as energy stocks rise, U.S. markets in the red

S&P/TSX composite up as energy stocks rise, U.S. markets in the red

TORONTO — Strength in energy stocks as the price of oil climbed helped Canada's main stock index move up in late-morning trading, while U.S. stock markets fell. The S&P/TSX composite index was up 66.16 points at 26,241.21.
US stocks head a bit lower on Wall Street and crude oil rises after OPEC+'s production increase

US stocks head a bit lower on Wall Street and crude oil rises after OPEC+'s production increase

NEW YORK (AP) — U.S. stocks are drifting lower and giving back a small bit of their sprint through May, which was their best month since 2023. The S&P 500 was 0.3% lower in early trading Monday.
'Mission impossible': Why the Bank of Canada faces 'risky' June rate decision

'Mission impossible': Why the Bank of Canada faces 'risky' June rate decision

OTTAWA — Few would confuse Hollywood action star Tom Cruise with Bank of Canada governor Tiff Macklem.
Canada Post rejects union's request for binding arbitration to end labour dispute

Canada Post rejects union's request for binding arbitration to end labour dispute

Canada Post has rejected a request from the union representing about 55,000 of its workers to send their ongoing labour dispute to binding arbitration.
Canada Post asks jobs minister to force union to vote on 'final offers'

Canada Post asks jobs minister to force union to vote on 'final offers'

OTTAWA — Canada Post says it has asked Jobs Minister Patty Hajdu to force a union membership vote on the proposals the Crown corporation put forward earlier this week.
City of Vancouver ‘pauses’ work on mayor’s push to abolish elected park board

City of Vancouver ‘pauses’ work on mayor’s push to abolish elected park board

Provincial government did not make Ken Sim’s requested Vancouver Charter amendments in spring session of legislature
Prime Minister Mark Carney: Collaboration with municipalities ‘more important than ever’

Prime Minister Mark Carney: Collaboration with municipalities ‘more important than ever’

PM meets with Vancouver Coun. Rebecca Bligh, who is president of Federation of Canadian Municipalities
S&P/TSX composite slides on Friday but caps off month near record highs

S&P/TSX composite slides on Friday but caps off month near record highs

Canada’s main stock index on Friday continued to trim the gains that pushed it to a record closing high two days earlier, as investors retreated to defensive stocks while energy and information technology took a hit.
Wall Street glides to the end of its best month since 2023

Wall Street glides to the end of its best month since 2023

NEW YORK (AP) — Wall Street closed its best month since 2023 with a quiet day of trading. The S&P 500 was essentially flat as it finished a winning week and its first winning month in the last four. The Dow Jones Industrial Average rose 0.