Tag Archives: Economy

OTTAWA - Retail sales in December came in slightly stronger than economists were expecting, driven by strong sales for new cars and parts. Statistics Canada reported retail sales rose 0.9 per cent to ...

VICTORIA - Families and small business operators in British Columbia are expected to benefit in an election-year budget that boosts spending, but forecasts a growing deficit of more than $7.9 billion ...

VICTORIA - British Columbia Finance Minister Katrine Conroy says the province should prepare for a fiscal deficit in the upcoming budget - but there won't be cuts that result in a "deficit of services...

OTTAWA - Canada's financial intelligence agency and European allies are highlighting attempts to export sensitive technology to Russia in violation of sanctions imposed against Moscow. The warning com...

VANCOUVER - Renters across the country faced record low vacancy rates and record high rent increases in 2023, but Statistics Canada says Toronto and Vancouver residents who don't own their homes face ...

OTTAWA - Tax filing season has officially kicked off as today marked the first day that Canadians can begin filing their income tax returns online. Canada Revenue Agency says those filing by paper sho...

VANCOUVER - A new report ahead of next week's B.C. budget is forecasting slower economic growth for the province this year. The Business Council of British Columbia says "lacklustre" growth globally, ...

VANCOUVER - The BC Real Estate Association says there was a nearly 30 per cent increase in home sales last month compared with January 2023, while prices were also up. The association says 3,979 sales...

TORONTO - Ontario is projecting that it will end this fiscal year with a $4.5-billion deficit, while also so far hanging onto a large contingency fund. Finance Minister Peter Bethlenfalvy released the...

OTTAWA - The group that represents residential builders in Canada wants Ottawa to offer a 30-year amortization period for insured mortgages on new homes. The Canadian Home Builders' Association says e...