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Economy, Law & Politics

S&P/TSX composite index down Friday, Wall St. extends post-election gains

S&P/TSX composite index down Friday, Wall St. extends post-election gains

TORONTO — Canada's main stock index moved lower Friday, weighed down by base metals and energy stocks as the price of oil fell, while U.S. markets cruised to close Wall St.'s best week this year on a wave of post-election bets.
Stock market today: Wall Street cruises to more records as it closes its best week in a year

Stock market today: Wall Street cruises to more records as it closes its best week in a year

NEW YORK (AP) — U.S. stocks cruised to more records as they closed their best week in a year on Friday. The S&P 500 rose 0.4% to cap its biggest weekly gain since early November 2023 and briefly crossed above the 6,000 level for the first time.
Donald Trump election sparks U.S. interest in move to Canada, say immigration lawyers

Donald Trump election sparks U.S. interest in move to Canada, say immigration lawyers

Grand proclamations to move to Canada are nothing new and often don't pan out, says Vancouver immigration lawyer.
What Trump's election could mean for interest rates in Canada

What Trump's election could mean for interest rates in Canada

Experts say Donald Trump’s election victory could shift interest rate policy in the U.S. as his promised policies risk higher inflation, which could ultimately have implications for Canadian rates and the loonie.
Rob Shaw: Can Eby fill the cabinet void left by wave of departing ministers?

Rob Shaw: Can Eby fill the cabinet void left by wave of departing ministers?

Huge turnover leaves gaps in key portfolios for BC NDP government
B.C. economy gains 8K jobs in October, says StatCan report

B.C. economy gains 8K jobs in October, says StatCan report

Province makes little gains in full-time employment
New report shows temporary foreign workers ripe for abuse in Whistler

New report shows temporary foreign workers ripe for abuse in Whistler

Wage theft, contract breaches, housing instability, and cultural barriers among key challenges underscored in worker interviews
Joly says Canada's immigration plan stands in face of Trump deportation threats

Joly says Canada's immigration plan stands in face of Trump deportation threats

OTTAWA — Foreign Affairs Minister Mélanie Joly said Thursday Canada will stand firm on its plan to rein in the number of newcomers entering the country, despite concerns that Donald Trump's re-election could spur an influx of migrants from the United
Business groups say Canada needs to plan differently for Trump's second term

Business groups say Canada needs to plan differently for Trump's second term

OTTAWA — Donald Trump's mandate to get tough on trade is expected to be stronger in his second term as U.S. president, posing different challenges for Canada than his first four years in the White House.
Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty

Federal Reserve cuts its key interest rate by a quarter-point amid postelection uncertainty

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this wee
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