Economy, Law & Politics

OTTAWA — For the first time, Canada will put a "soft cap" on the number of new temporary resident arrivals to the country when it sets immigration levels in the fall, Immigration Minister Marc Miller announced Thursday.

Canada's competition watchdog is urging Ottawa to adopt an open banking framework that would ease the barriers to switching institutions and boost competition in the financial sector.

New Mainstreet Research survey shows BC NDP maintaining lead as rebranded BC Liberals get crushed

TORONTO — Royal Bank of Canada says it will be closing 25 HSBC Bank Canada branches and rebranding dozens more after its takeover deal closes next week.

VANCOUVER — Catastrophic flooding in British Columbia that caused billions in damages to infrastructure, property and homes has resulted in a new comprehensive flood strategy to help communities reduce risk and respond to extreme events.

Canada ranked last in access to primary health care in a survey of 10 high-income countries released by the Canadian Institute for Health Information on Thursday.

TORONTO — Businesses are increasingly concerned about ESG fraud, which is when a company's environmental, social and governance efforts or data are exaggerated, embellished or distorted.

The double whammy of the COVID-19 pandemic and economic stressors is taking a toll on the mental health of Canadian adults, according to new data released by the Canadian Institute for Health Information on Thursday.

OTTAWA — The Bank of Canada expects quantitative tightening to end sometime in 2025, deputy governor Toni Gravelle said in a speech Thursday about how the central bank plans to manage its balance sheet.

OTTAWA — The federal minimum wage is rising to $17.30 per hour on April 1. The increase from $16.65 reflects the increase in the annual average consumer price index for 2023.