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What is a trade deficit — and does it matter to the economy?

What is a trade deficit — and does it matter to the economy?

In a post on Truth Social early Wednesday, Donald Trump claimed his country is financially supporting its northern neighbour. The U.S.
TSX, U.S. markets sink as Fed forecasts fewer interest rate cuts ahead

TSX, U.S. markets sink as Fed forecasts fewer interest rate cuts ahead

TORONTO — Markets on both sides of the border fell sharply Wednesday afternoon after the U.S.
Too much of a good thing: How B.C.’s NDP was punished for record immigration levels

Too much of a good thing: How B.C.’s NDP was punished for record immigration levels

Premier David Eby, in a year-end interview, said he regrets he didn’t recognize sooner the challenges that fast-growing B.C. communities were facing
'Troubling' pattern: Major oil company penalized $75,000 over B.C. snow bridges

'Troubling' pattern: Major oil company penalized $75,000 over B.C. snow bridges

This is the sixth time the company has been found in contravention of provincial regulations.
Metro 91Ô­´´ says population growth is accelerating and will hit 4 million by 2045

Metro 91Ô­´´ says population growth is accelerating and will hit 4 million by 2045

VANCOUVER — Metro 91Ô­´´'s projected population growth is accelerating, with an average of 50,000 new residents expected per year.
Justin Trudeau taking the time to reflect following Freeland departure

Justin Trudeau taking the time to reflect following Freeland departure

OTTAWA — Prime Minister Justin Trudeau is taking some time to reflect after Chrystia Freeland's bombshell resignation as finance minister, Energy Minister Jonathan Wilkinson said Tuesday.
B.C. vacancy rates tick up, easing rental price hikes: CMHC

B.C. vacancy rates tick up, easing rental price hikes: CMHC

The 91Ô­´´ Mortgage and Housing Corporation says rent price inflation slowed in 2024 as more rental buildings are being completed and immigration demands lessen.
Most of Metro 91Ô­´´â€™s key infrastructure projects delayed, over budget

Most of Metro 91Ô­´´â€™s key infrastructure projects delayed, over budget

Year In Review: Significant work continues on critical regional transportation, wastewater projects
B.C.'s projected deficit grows again to $9.4 billion in latest fiscal update

B.C.'s projected deficit grows again to $9.4 billion in latest fiscal update

British Columbia's new finance minister said she is "realistic" about the economic challenges facing the province after announcing this year's record deficit is projected to reach $9.4 billion.
91Ô­´´s return to Canada Post with relief — and shakier faith in the service

91Ô­´´s return to Canada Post with relief — and shakier faith in the service

MONTREAL — Canada Post trucks, conveyors and mail carriers swung back into motion Tuesday after a month-long strike by more than 55,000 postal workers left letters and parcels in limbo and a massive backlog to sort through.