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Economy, Law & Politics

Data Points: Retail sales steady as B.C.’s inflation rate beats national average

Data Points: Retail sales steady as B.C.’s inflation rate beats national average

West Coast inflation rises to 2.8% in July, surpassing the national rate as high shelter and services costs persist
Statistics Canada says country posted $684M merchandise trade surplus in July

Statistics Canada says country posted $684M merchandise trade surplus in July

OTTAWA — Statistics Canada says the country posted a merchandise trade surplus of $684 million in July. The result compared with a revised deficit of $179 million in June. The initial reading for June had shown a surplus of $638 million.
Poilievre tours Vancouver Island shop floors to appeal to 'ordinary' workers

Poilievre tours Vancouver Island shop floors to appeal to 'ordinary' workers

B.C. Conservatives aim to appeal to “ordinary” workers. Poilievre visits Duncan and Nanaimo on Wednesday.
China retaliates over EV tariffs with anti-dumping probe into Canadian canola imports

China retaliates over EV tariffs with anti-dumping probe into Canadian canola imports

OTTAWA — China has announced an anti-dumping investigation into Canadian canola imports in response to Canada planning to impose tariffs on Chinese-made electric vehicles, steel and aluminum.
B.C. Conservatives recruit three more BC United MLAs, shaking up candidate list

B.C. Conservatives recruit three more BC United MLAs, shaking up candidate list

The B.C. Conservatives have recruited three more sitting BC United legislators to run under their banner in the fall provincial election, shaking up the previous Conservative candidate list in a process that has angered some supplanted nominees.
Canadian Western Bank shareholders approve National Bank takeover

Canadian Western Bank shareholders approve National Bank takeover

EDMONTON — Canadian Western Bank says shareholders have overwhelmingly voted in favour of a sale of the company to National Bank of Canada. Edmonton-based CWB says the vote at the special meeting Tuesday was 99.
S&P/TSX composite closes down more than 300 points, U.S. stock markets also fall

S&P/TSX composite closes down more than 300 points, U.S. stock markets also fall

TORONTO — Canadian and U.S. markets started September under pressure as signs of weakening economic activity pushed commodities and stocks lower. A report on U.S.
Resource crunch at federal emergency centre caused 'significant staff exhaustion'

Resource crunch at federal emergency centre caused 'significant staff exhaustion'

OTTAWA — Budget and staff challenges have left overworked employees exhausted and sapped morale at the federal nerve centre for managing forest fires and other national emergencies, an internal memo reveals.
Stock market today: Wall Street tumbles on worries about the economy, and Dow drops more than 600

Stock market today: Wall Street tumbles on worries about the economy, and Dow drops more than 600

NEW YORK (AP) — U.S. stocks tumbled Tuesday to their worst day since an early August sell-off, as a week full of updates on the economy got off to a discouragingly weak start. The S&P 500 sank 2.
Rustad tells Jordan Peterson B.C. needs nuclear talk, end to school 'indoctrination'

Rustad tells Jordan Peterson B.C. needs nuclear talk, end to school 'indoctrination'

The leader of B.C.'s Conservatives says there needs to be a conversation about nuclear power's role in the province's energy future and a review of educational materials he says are designed for "indoctrination" of children.