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Economy, Law & Politics

U.S. President Joe Biden's long-awaited Canada visit to happen March 23-24

U.S. President Joe Biden's long-awaited Canada visit to happen March 23-24

WASHINGTON — U.S. President Joe Biden will travel to Ottawa on March 23 for his first in-person visit to Canada since taking office in 2021.
Report says long COVID could impact economy and be 'mass disabling event' in Canada

Report says long COVID could impact economy and be 'mass disabling event' in Canada

A report released Thursday by Canada's chief science adviser says she considers COVID-19 the "head" of the pandemic but long COVID its "tail" as the illness inflicts significant harm on individuals, their families and potentially the country's econom
Independent grocers defend chains against food inflation accusations

Independent grocers defend chains against food inflation accusations

OTTAWA — An unlikely alliance between Canada's independent grocers and the country's three largest chains is forming amid accusations that grocery stores are to blame for higher food inflation.
Credit card debt up 15 per cent in Q4, younger Canadians feel hardest pinch: Equifax

Credit card debt up 15 per cent in Q4, younger Canadians feel hardest pinch: Equifax

TORONTO — Canadian credit card debt soared in the last three months of 2022 amid rising interest rates and stubbornly high inflation with younger Canadians in particular relying on credit to make ends meet.
With airfares rising, here’s how to find a travel deal this year

With airfares rising, here’s how to find a travel deal this year

MONTREAL — As demand surges and airfares soar to new heights, many Canadians are in search of travel deals this year. And low prices are out there — particularly for domestic flights.
Who’s Suing Whom: March 9, 2023

Who’s Suing Whom: March 9, 2023

The latest from the B.C. Supreme Court
Loonie hits four-month low as Bank of Canada holds key interest rate

Loonie hits four-month low as Bank of Canada holds key interest rate

TORONTO — The value of the loonie hit a four-month low compared with the U.S. dollar on Wednesday, but some experts say Canadian consumers shouldn't expect their wallets to take a major hit. The Canadian dollar traded at 72.54 U.S.
Canaccord shareholder seeks to remove special committee directors who oppose buyout

Canaccord shareholder seeks to remove special committee directors who oppose buyout

A shareholder of Canaccord Genuity Group Inc. wants to remove the four directors on the company's board that form a special committee that has opposed a buyout offer for the firm by a management-led group of employees. Skky Capital Corp.
In the courts: B.C. judge greenlights class action over provincial grizzly hunt ban

In the courts: B.C. judge greenlights class action over provincial grizzly hunt ban

The plaintiffs showed the province’s alleged misrepresentations were common ground among proposed class members
Bank of Canada holds key rate for first time in a year, leaves door open to hikes

Bank of Canada holds key rate for first time in a year, leaves door open to hikes

OTTAWA — The Bank of Canada is holding its key interest rate steady for the first time in a year while reiterating it is taking a wait-and-see approach with monetary policy.