Economy, Law & Politics

OTTAWA — It's no secret what Pierre Poilievre thinks about government spending and inflation. Same with guns.

Here are some of the top business stories of this past week

We are seeing more of the nature of our new premier. He is one-part eager beaver, one-part lone wolf. David Eby was the premier-in-waiting for many years.

TORONTO — Losses in the base metals sector helped lead Canada's main stock index lower in late-morning trading, while U.S. stock markets put in a mixed showing. The S&P/TSX composite index was down 38.07 points at 20,662.43.

OTTAWA — The federal government posted a budgetary deficit of $3.6 billion in the first eight months of the fiscal year. In its monthly fiscal monitor, the finance department says the deficit compares to a deficit of $73.

The BC NDP government is stalling for time on Surrey policing, as it struggles to figure out what is true amidst all the political rhetoric flying around in the debate over the future of the city’s police force.

British Columbia’s approach to business taxation has long been uncompetitive with other large provinces. Thanks to a poorly designed sales tax, the province has one of the highest effective tax rates on new business investment in Canada.

Record numbers of newcomers to Canada mean busy support services, accommodation concerns and big questions about the future.

It may come as a shock to other industries, but in the Industrial, commercial, institutional and multi-unit residential construction sector, contractors aren’t paid upon completion of their work.