Business - Page 221

BoC cuts key rate by quarter point to 3% as tariffs threat looms

OTTAWA — The Bank of Canada delivered another interest rate cut on Wednesday, reducing its policy rate by a quarter-percentage point to three per...

Donald Trump’s press secretary says Feb. 1 deadline for tariffs ‘still on the books’

WASHINGTON — U.S. President Donald Trump's press secretary says the plan to slap Canada with tariffs on Saturday is still in play, as NDP...

U.S. pushback on DEI policies yet to grip B.C. business

Many large U.S. companies are dropping or altering their diversity, equity and inclusion (DEI) policies following a shift in public sentiment, particularly among conservative...

B.C. stockbrokers challenge regulator’s authority to appeal case linked to Bridgemark Group

Two B.C. stockbrokers are challenging their regulator's authority to appeal a hearing panel decision that cleared them of allegations that they failed in their “gatekeeper” obligations. The...

Plans unveiled for record-breaking residential skyscraper in Victoria

A Vancouver developer has unveiled plans to build ­Vancouver Island’s tallest ­skyscraper. Reliance Properties wants to redevelop a Victoria office ­building at 1520 Blanshard...

Tech stocks tumble as a Chinese competitor threatens to upend the AI industry; Nvidia down 17%

NEW YORK (AP) — Wall Street’s superstars are tumbling Monday as a competitor from China threatens to upend the artificial-intelligence frenzy they've been feasting...

Opinion: B.C. fruit growers still waiting on promised climate response funding

In August 2024, Premier David Eby announced a one-time climate change response fund aimed at supporting our province’s fruit growers. This fund was a...

B.C. city penalized $165K says it’s getting squeezed by regulation and climate change

B.C.'s second most important port city has been hit with more than $165,000 in environmental penalties — the latest in a long line of...

Vancouver office market feeling the heat as vacancies rise, Colliers report reveals

The office market in Greater Vancouver saw a higher vacancy rate in the fourth quarter of last year, rising 1.2 percentage points annually to 9.8 per...

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