Economy, Law & Politics

OTTAWA — As another inflation-fighting year wraps up, the Bank of Canada's quest to restore price stability is expected to begin drawing to a close in 2024.

TORONTO — They're an easily recognizable part of Canada's fight against wildfires, playing a key supporting role in the annual battle against the flames.

Royal Bank of Canada faces third largest fine in B.C. for mortgage documention failures and signs undertaking to have its mortgage discharge process monitored for one year

OTTAWA — A federal inquiry into foreign interference has asked to delay its first report by about two months in order to allow sufficient time for a public process and hearings on the issues.

Spanish Mountain says it will seek repayment of severance

TORONTO — Canadians getting in some last-minute Christmas shopping faced some troubles at the checkout counter. Payments processing company Moneris says it experienced intermittent issues that caused a "service degradation.

Fast-growing venture touts 'hundredfold' revenue growth in past few years

Some of the top stories that defined the B.C. economy in 2023

The rubberstamped sale of HSBC's Canadian operations to RBC will lessen competition onmortgage rates, says one analyst who touted the bank's key role in lowering borrowing costs through its presence in Canada.

OTTAWA — The federal government recorded a budgetary deficit of $15.1 billion between April and October, $7 billion of which was in October.