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Business groups say B.C. port stoppage will hurt companies, 91Ô­´´ economy

Business groups say B.C. port stoppage will hurt companies, 91Ô­´´ economy

Business groups say the work stoppage at B.C. ports is the latest in a run of supply chain disruptions affecting 91Ô­´´ companies and the country's economy.
BoC considered lowering rate by quarter point, but felt economy warranted a jumbo cut

BoC considered lowering rate by quarter point, but felt economy warranted a jumbo cut

OTTAWA — The Bank of Canada considered cutting its key interest rate by just a quarter of a percentage point last month, but opted to take a larger step in the face of a weakening economy and falling inflation.

Inflation is down, wages are up. Why are 91Ô­´´s still frustrated with the economy?

OTTAWA — The federal finance minister has been taking every opportunity to remind frustrated 91Ô­´´s that after a bumpy pandemic recovery, the nation's economy is actually doing a lot better. Inflation is now at 1.
B.C. port employers launch lockout at terminals in labour dispute with workers

B.C. port employers launch lockout at terminals in labour dispute with workers

VANCOUVER — Employers have locked out more than 700 unionized workers in the latest development in a labour dispute that the union says will shut down all ports in British Columbia until further notice.
Status quo better than NDP minority, say B.C. business leaders

Status quo better than NDP minority, say B.C. business leaders

Industry groups urge fiscal restraint.
BC Conservatives flush with cash after donations outpace NDP in final campaign drive

BC Conservatives flush with cash after donations outpace NDP in final campaign drive

In addition to a massive spike in campaign donations following the capitulation of BC United, the BC Conservatives are set to receive nearly $1.7 million in per-vote subsidy, for future operational costs.
91Ô­´´ home sales surge in October amid lower borrowing costs: board

91Ô­´´ home sales surge in October amid lower borrowing costs: board

VANCOUVER — Greater 91Ô­´´ Realtors says home sales in the region jumped 31.
CMHC says mortgage risks remain as delinquencies creep up, alternative lending grows

CMHC says mortgage risks remain as delinquencies creep up, alternative lending grows

Risks remain in the mortgage market as a wave of borrowers still have to renew at higher rates, alternative lenders take a growing share of new mortgages and delinquency rates keep creeping up, Canada's housing agency says.
Five things to watch for in the 91Ô­´´ business world in the coming week

Five things to watch for in the 91Ô­´´ business world in the coming week

Five things to watch for in the 91Ô­´´ business world in the coming week, from a Bank of Canada on its recent interest rate decision to Statistics Canada's newest labour force survey.
October auto sales rise to match 2019 levels, DesRosiers says

October auto sales rise to match 2019 levels, DesRosiers says

TORONTO — DesRosiers Automotive Consultants Inc. says vehicle sales in October were up 8.8 per cent from the same month last year.