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Economy, Law & Politics

More businesses expect sales to slip as high inflation, rates weigh on spending: BoC

More businesses expect sales to slip as high inflation, rates weigh on spending: BoC

OTTAWA — The Bank of Canada will release its business outlook and consumer expectations surveys this morning. The surveys will provide insight on how inflation expectations among businesses and consumers have evolved in the fourth quarter.
United Way BC chosen to distribute pandemic recovery funds

United Way BC chosen to distribute pandemic recovery funds

The organization is working with communities across the province until early February.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Home sales The Canadian Real Estate Association is expected to release its home sales figures for December on Monday.
B.C. company in Bridgemark case admits to illegal insider trading

B.C. company in Bridgemark case admits to illegal insider trading

Robert John Lawrence of the Bridgemark Group case admitted to illegal insider trading and was fined $200,000.
S&P/TSX composite rises 150 points Friday, U.S. markets also higher

S&P/TSX composite rises 150 points Friday, U.S. markets also higher

TORONTO — Canada's main stock index rose almost 150 points Friday on broad-based gains, ending the week up 2.8 per cent The S&P/TSX composite index was up 148.90 points at 20,360.10 U.S. markets also rose.
Analyst: Infrastructure investment initiatives missing in BC NDP trade plan

Analyst: Infrastructure investment initiatives missing in BC NDP trade plan

Despite recognizing B.C.’s role as Canada’s economic gateway to the Asia-Pacific, the policy direction of government’s new cabinet under Premier David Eby appears to come up short in supporting that recognition with substance, one observer said.
B.C.'s 2023 trade objectives: More diverse, more leading with social responsibility

B.C.'s 2023 trade objectives: More diverse, more leading with social responsibility

In the post-COVID era, B.C. saw its trade policy shift substantially, not only towards diversification but also using social/environmental sustainability as a key selling point.
Bank economists see mild recession likely ahead despite surprising resilience

Bank economists see mild recession likely ahead despite surprising resilience

TORONTO — Big bank economists say the surprisingly resilient economy is likely headed for a mild slowdown in the year ahead, but that recent events show how difficult it is to predict the future.
Investors look for 2023 outlooks from companies as earnings season looms

Investors look for 2023 outlooks from companies as earnings season looms

TORONTO — Experts say the upcoming earnings season will be overshadowed by the broader economic climate, with interest rates and inflation data more closely watched thanindividual company reports.
Trio of NDP MLAs kick-off return to Lunar New Year banquets

Trio of NDP MLAs kick-off return to Lunar New Year banquets

An NDP cabinet minister attended one of the Lower Mainland’s first major Lunar New Year banquets since the pandemic began, where guests included a Chinese military veteran and the president of a society under an RCMP national security investigation.
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