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Economy, Law & Politics

Growing to 4.2M people in Metro Vancouver 'a bit too much' without a plan: Mike Hurley

Growing to 4.2M people in Metro Vancouver 'a bit too much' without a plan: Mike Hurley

Two local politicians at the forefront of Metro Vancouver's regional planning in 2025 foresee problems with the federal government's immigration policies in light of a gap in infrastructure investment.
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S&P/TSX composite rises on morning of Christmas Eve, U.S. stock markets also up

S&P/TSX composite rises on morning of Christmas Eve, U.S. stock markets also up

TORONTO — Broad-based gains led Canada's main stock index higher in late-morning trading on Christmas Eve, while U.S. stock markets also rose. The S&P/TSX composite index was up 57.82 points at 24,806.80.
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Border measures aimed at responding to Trump's tariff threat begin to take effect

Border measures aimed at responding to Trump's tariff threat begin to take effect

OTTAWA — Immigration measures announced as part of Canada's border response to president-elect Donald Trump's 25 per cent tariff threat are starting to be implemented, beginning with a ban on what's known as "flagpoling.
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Economists say more room to fall as Canadian dollar continues downward trend

Economists say more room to fall as Canadian dollar continues downward trend

Experts say the next few months are going to be rough for the Canadian dollar as it appears set to continue its downward trend. "We do have more room to fall," said Karl Schamotta, chief market strategist at Corpay.
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Trudeau could stay or go. Either way, Canadians should brace for a spring election

Trudeau could stay or go. Either way, Canadians should brace for a spring election

OTTAWA — Canada appears to be barrelling toward a spring election now that the NDP is vowing to vote down the government early next year — whether Prime Minister Justin Trudeau stays on or not.
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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.
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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.
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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.
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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.
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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.
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