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July retail sales 'positive surprise' but need more rate cuts to persist: analysts

July retail sales 'positive surprise' but need more rate cuts to persist: analysts

Retail sales edged up in July, but economists say it will take further interest rate cuts to really spark lasting activity. Statistics Canada said Friday that retail sales rose 0.9 per cent to $66.4 billion in July, helped by stronger new car sales.
Bank of Canada trying to figure out how AI might affect inflation, Macklem says

Bank of Canada trying to figure out how AI might affect inflation, Macklem says

OTTAWA — Bank of Canada governor Tiff Macklem says there is a lot of uncertainty around how artificial intelligence could affect the economy moving forward, including the labour market and price growth.
David Eby uses СÀ¶ÊÓÆµ speech to kick off election campaign

David Eby uses СÀ¶ÊÓÆµ speech to kick off election campaign

The premier promised changes to health and addiction care, police protection for downtown cores and a review to the 911 emergency call system.
Stop downloading health care, policing costs, СÀ¶ÊÓÆµ tells province

Stop downloading health care, policing costs, СÀ¶ÊÓÆµ tells province

Langford Coun. Keith Yacucha: Having police deal with health care issues not good for those in crisis
Metro Vancouver luxury-property sellers aren't budging on prices, says Royal LePage

Metro Vancouver luxury-property sellers aren't budging on prices, says Royal LePage

Sales down almost 40 per cent across region but bargains remain elusive
СÀ¶ÊÓÆµ calls for standard housing conditions after heat dome deaths

СÀ¶ÊÓÆµ calls for standard housing conditions after heat dome deaths

Port Moody Coun. Samantha Agtarap: "This resolution asks for a level playing field across the province."
Bank of Canada must be transparent to maintain trust, external deputy governor says

Bank of Canada must be transparent to maintain trust, external deputy governor says

SHERBROOKE, Que. — A senior Bank of Canada official says the central bank must be rigorous and transparent in order to maintain the public's trust. In a speech in Sherbrooke, Que.
СÀ¶ÊÓÆµ commission fines illegal Cayman Islands-based crypto exchange $500K

СÀ¶ÊÓÆµ commission fines illegal Cayman Islands-based crypto exchange $500K

Decision provides another example of how provincial commissions attempting to regulate crypto exchanges
Bloc Québécois won't support Pierre Poilievre's non-confidence motion

Bloc Québécois won't support Pierre Poilievre's non-confidence motion

OTTAWA — The Bloc Québécois is ruling out the possibility that Canadians will be plunged into an early election next week, signalling Wednesday their intention to vote against a Conservative motion of non-confidence in the government.
Airports to be equipped with CT scanners to detect explosives, other threats

Airports to be equipped with CT scanners to detect explosives, other threats

OTTAWA — At one Canadian airport, removing laptops and liquids from your carry-on at security is a thing of the past, thanks to a fresh use of half-century-old technology.
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