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Economy, Law & Politics

Canadian recession looms this year if U.S. tariffs stay in place: economists

Canadian recession looms this year if U.S. tariffs stay in place: economists

TORONTO — Economists say Canada is poised to plunge into a recession this year if U.S. tariffs that took effect Tuesday remain in place.
Canada and U.S. stock markets fall for a second day after trade war launched

Canada and U.S. stock markets fall for a second day after trade war launched

TORONTO — North American stock markets closed out a volatile trading day with broad losses as the U.S. imposed sweeping tariffs on imports from Canada and Mexico, triggering a continental trade war. The S&P/TSX composite index closed down 429.
Trump tariffs roil markets ... and B.C. budget

Trump tariffs roil markets ... and B.C. budget

Deficit expected to grow by $2B, government revenues to fall.
A closer look at Canadian efforts to address U.S. concerns about border security

A closer look at Canadian efforts to address U.S. concerns about border security

OTTAWA — The United States imposed sweeping tariffs Tuesday on Canadian products, claiming Canada has failed to adequately address the southbound flow of contraband drugs like fentanyl. Prime Minister Justin Trudeau dismissed the U.S.
Updated: B.C. braces for trade-war fallout

Updated: B.C. braces for trade-war fallout

Lumber faces steep penalties while energy dodges worst
Rob Shaw: Hiring freeze? Not for BC NDP insiders

Rob Shaw: Hiring freeze? Not for BC NDP insiders

While key public service jobs go unfilled, provincial government expands its comms machine
B.C. Finance Minister Brenda Bailey to deliver budget as Trump confirms tariffs

B.C. Finance Minister Brenda Bailey to deliver budget as Trump confirms tariffs

This is not time to make "deep cuts," B.C. Finance Minister Brenda Bailey told reporters ahead of the release of Tuesday's provincial budget.
Health care to lead B.C. job boom in coming decade, says new forecast

Health care to lead B.C. job boom in coming decade, says new forecast

New labour report forecasts province’s workforce will grow by half a million in a decade
'Drip, drip, drip' of tariff threats already causing damage, says business group

'Drip, drip, drip' of tariff threats already causing damage, says business group

Broad U.S.
S&P/TSX composite sinks almost 400 points, U.S. markets also drop ahead of tariffs

S&P/TSX composite sinks almost 400 points, U.S. markets also drop ahead of tariffs

TORONTO — Canada's main stock index fell almost 400 points, led by losses in energy, technology and base metals, while U.S. markets also dropped ahead of the day U.S.