Business - Page 28

S&P/TSX composite up more than 100 points, U.S. stock markets down

TORONTO — Canada's main stock index was up more than 100 points in late-morning trading, helped by strength in the telecommunication and utility sectors,...

Grocery price increases outpace overall inflation for third straight month: StatCan

Despite the annual pace of inflation cooling last month, Statistics Canada says consumers continue to pay higher costs for groceries. The agency reports prices...

B.C. film and TV sector juggles sustainability amid uncertainty

Economic headwinds and uncertainties in B.C.’s film and TV industry are not making it harder for productions to be sustainable, but they could be...

Trump warns Walmart: Don’t raise prices due to my tariffs but do eat the costs from those taxes

Walmart said on Thursday that everything from bananas to children’s car seats could increase in price. WASHINGTON — President Donald Trump on Saturday...

B.C.’s venture capital sector faces Q1 downturn in deals and investment

While B.C.'s venture capital sector in the first quarter of 2025 mirrored activity from seven years ago, the true fallout of economic uncertainties could...

Vancouver council considers three more rental housing towers

Vancouver city council will consider three more rezoning applications next week for rental housing towers along the Broadway corridor that — if approved —...

B.C. premier eyes home price declines unlike federal housing minister

B.C. Premier David Eby says his housing policies are intended to result in a decline in home prices — an outcome new federal Housing...

MEC acquired by Canadian investors, including own executives

A group of Canadian investors led by textile executive Tim Gu is acquiring Vancouver's Mountain Equipment Co. (MEC) in a deal MEC announced this afternoon.  No sales...

Housing affordability in Canada unlikely to improve over the next two years: Desjardins report

Homebuying affordability is "unlikely to improve meaningfully" over the next two years, according to a new report from Desjardins. Over the last 25 years, home prices in Canada have ballooned...

B.C. pushes ahead with short-term rental crackdown despite tourism warnings

The province is doubling down on its short-term rental restrictions, despite a recent suggestion by the premier that those regulations could be relaxed. New...

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