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Economy, Law & Politics

Canadians' household debt is high, but risk of major shock is low: economists

Canadians' household debt is high, but risk of major shock is low: economists

TORONTO — Decades of low interest rates and strong housing demand have led to high levels of household debt for Canadians, and now rising interest rates are increasing the cost of servicing that debt.
Rob Shaw: Brad West breaks ranks with his NDP brethren on decriminalization of drugs

Rob Shaw: Brad West breaks ranks with his NDP brethren on decriminalization of drugs

The system isn't working for those who need help, PoCo mayor argues
MEC, Costco are most trusted brands in Canada: UVic survey

MEC, Costco are most trusted brands in Canada: UVic survey

Researchers surveyed more than 13,000 people earlier this year
Western premiers disappointed by delay to federal bail reform on repeat offenders

Western premiers disappointed by delay to federal bail reform on repeat offenders

Premiers from Western Canada said Tuesday they are "extremely disappointed" in the federal government for not passing reforms to the bail system to target repeat offenders before Parliament rose last week for the summer.
Vancouver property taxes could reach 9% every year for five years

Vancouver property taxes could reach 9% every year for five years

Colin Knight of city's finance team: "The city is significantly impacted by collective agreements."
Opinion: B.C. has its first genuine industrial strategy. Will reality mirror the vision?

Opinion: B.C. has its first genuine industrial strategy. Will reality mirror the vision?

Though a commendable initiative, questions remain regarding the province’s commitment to building a new economy
Future infrastructure funding to require climate change be taken into account

Future infrastructure funding to require climate change be taken into account

OTTAWA — Canada's new national climate adaptation strategy will tie future federal infrastructure transfers to the provinces to projects that incorporate adaptation efforts starting next year.
What the grocery report recommends to improve competition

What the grocery report recommends to improve competition

GATINEAU, Que. — Canada's competition watchdog released its much awaited study into the country's retail grocery market on Tuesday.
Rising grocer profit margins underscore need for competition, regulator finds

Rising grocer profit margins underscore need for competition, regulator finds

Canada's grocery sector needs more competition to help keep food prices down, give shoppers more choice and encourage new entrants, the country's competition watchdog says.
Kirk LaPointe: Government keeps obscuring our right to know what we don’t

Kirk LaPointe: Government keeps obscuring our right to know what we don’t

Last week was a big week on the information-freedom frontier, for better and worse