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Economy, Law & Politics

Metro Vancouver's tiny industrial lands drive $43B economy, finds report

Metro Vancouver's tiny industrial lands drive $43B economy, finds report

Industrial lands represent only 4% of Metro Vancouver land, but create 22% of jobs and produce $8 billion in taxes every year.
S&P/TSX composite up almost 150 at closing, U.S. markets also higher

S&P/TSX composite up almost 150 at closing, U.S. markets also higher

TORONTO — Canada's main stock index pushed higher to end Monday up almost 150 points on light trading action, while U.S. stock markets also gained ahead of the Christmas break.
Trudeau participates in Canada-U.S. relations cabinet committee amid calls to resign

Trudeau participates in Canada-U.S. relations cabinet committee amid calls to resign

OTTAWA — Prime Minister Justin Trudeau was taking part in a cabinet committee meeting on Canada-U.S. relations today, amid increasing calls for his resignation.
Stock market today: Wall Street rises at the start of a holiday-shortened week

Stock market today: Wall Street rises at the start of a holiday-shortened week

Stocks closed higher on Wall Street at the start of a holiday-shortened week. The S&P 500 rose 0.7% Monday. Several big technology companies helped support the gains, including chip companies Nvidia and Broadcom.
Bank of Canada watching economy closely after half-point rate cut

Bank of Canada watching economy closely after half-point rate cut

OTTAWA — The Bank of Canada's governing council expects its second straight outsized interest rate cut helped it turn a corner in its fight to tame inflation, but it is watching the economy closely amid weaker than expected growth.
Competition Bureau clarifies expectations around new greenwashing rules

Competition Bureau clarifies expectations around new greenwashing rules

GATINEAU, Que. — The Competition Bureau released draft guidelines on Monday that aim to clarify expectations around new greenwashing rules.

Ottawa names new president and CEO of Export Development Canada

OTTAWA — The federal government has named Alison Nankivell the new president and chief executive officer of Export Development Canada, succeeding Mairead Lavery who helmed the Crown corporation for the past six years.
Rob Shaw: 2024 redefined the rules of B.C. politics

Rob Shaw: 2024 redefined the rules of B.C. politics

Defections, drama and a near minority marked one of the wildest years on the West Coast
Statistics Canada reports real GDP grew 0.3 per cent in October

Statistics Canada reports real GDP grew 0.3 per cent in October

OTTAWA — Statistics Canada says the economy grew 0.3 per cent in October, helped by strength in the mining, quarrying, and oil and gas extraction sector, following a 0.2 per cent increase in September.
The rent-a-friend industry is booming among Canada's Chinese diaspora

The rent-a-friend industry is booming among Canada's Chinese diaspora

Beijia Ge's work duties change on an hourly basis. The Kingston, Ont., resident might be chatting with Chinese students about their secrets and challenges, or helping someone pack a suitcase, or baking cakes with a senior citizen.
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