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Economy, Law & Politics

Excess household savings may help economy avoid harsher downturn: BMO

Excess household savings may help economy avoid harsher downturn: BMO

OTTAWA — High household savings in Canada and the U.S. may help both countries avoid a severe downturn as high interest rates ripple through the economy.
High gas prices may have curbed downward inflation trend in January: economists

High gas prices may have curbed downward inflation trend in January: economists

OTTAWA — Canada's annual inflation rate has been slowing since the summer, but economists are predicting that higher fuel prices in January may have hindered that trend.
Opinion: NDP planning massive $1B mental health and addictions investment

Opinion: NDP planning massive $1B mental health and addictions investment

B.C.’s New Democrat government is preparing to announce a major investment in mental health and addictions treatment, including stealing a few ideas from a rival plan by the Opposition BC Liberals.
Who’s Suing Whom: Feb. 17, 2023

Who’s Suing Whom: Feb. 17, 2023

The latest from the BC Supreme Court
Ottawa supports premiers' call for health-care deal reviews: Duclos

Ottawa supports premiers' call for health-care deal reviews: Duclos

The federal government supports calls from the premiers to establish a five-year review of health-care funding, Health Minister Jean-Yves Duclos said in a letter to his Ontario counterpart.
Alberta health minister promises $158M in budget to recruit front-line health staff

Alberta health minister promises $158M in budget to recruit front-line health staff

EDMONTON — Alberta’s health minister says there will be $158 million in the upcoming budget to attract more physicians and other health-care professionals to fill gaps in care.
Macklem says economy still overheated and jobs market is too tight

Macklem says economy still overheated and jobs market is too tight

OTTAWA — As the Bank of Canada monitors the economy's response to higher interest rates, governor Tiff Macklem says it is still overheated and the labour market is too tight.
BC Hydro was on alert after U.S. substation attacks last year, FOI records show

BC Hydro was on alert after U.S. substation attacks last year, FOI records show

BC Hydro stepped up security after last November’s spate of physical attacks on electric substations in Oregon and Washington. A BC Hydro security report, obtained via freedom of information (FOI), said there was no direct threat to B.C.
Oppose Canada's 'xenophobic' foreign property tax, U.S. critics urge Biden admin

Oppose Canada's 'xenophobic' foreign property tax, U.S. critics urge Biden admin

WASHINGTON — A New York congressman wants to enlist the U.S. secretary of state to oppose what he calls Ottawa's "discriminatory" campaign against foreign property owners. Rep.
Who’s Suing Whom: Feb. 16, 2023

Who’s Suing Whom: Feb. 16, 2023

The latest filings from the BC Supreme Court