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Wednesday, August 13, 2025
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Quebec auditor general investigating subsidies to embattled electric battery industry
National News

Quebec auditor general investigating subsidies to embattled electric battery industry

  • Updated Jul 29, 2025

QUÉBEC - The office of Quebec's auditor general says it is investigating the millions of dollars in subsidies given by the province to the ele…

Federal government posts $6.5 billion deficit in April, May
National News

Federal government posts $6.5 billion deficit in April, May

  • Jul 25, 2025

The federal government posted a $6.5 billion deficit in the first two months of the fiscal year. 

Federal government considers raising deposit insurance limit to $150,000
National News

Federal government considers raising deposit insurance limit to $150,000

  • Jul 22, 2025

OTTAWA - The federal government is looking for feedback on changes to Canada's deposit insurance framework that could see the coverage limit r…

Construction goes quiet in West ÎÚÑ»´«Ã½ as ÎÚÑ»´«Ã½ debt soars
News
Featured

Construction goes quiet in West ÎÚÑ»´«Ã½ as ÎÚÑ»´«Ã½ debt soars

  • RON SEYMOUR
  • Updated Jul 21, 2025

The pace of new construction has plunged recently in West ÎÚÑ»´«Ã½ with Q2 permit values at only 15 per cent of last year's level. 

Why the Bank of Canada could be done cutting its policy rate for now
National News

Why the Bank of Canada could be done cutting its policy rate for now

  • Craig Lord The Canadian Press
  • Jul 19, 2025

OTTAWA - The Bank of Canada has largely kept to the sidelines as it tries to get a sense of how U.S. tariffs will impact the economy — and som…

New rules allowing Quebec restaurants to charge for no-shows come into effect
National News

New rules allowing Quebec restaurants to charge for no-shows come into effect

  • Updated Jul 17, 2025

MONTREAL - Quebec restaurant owners can now charge a fee to people who make a reservation but don't show up.

Defence spending will lift Canada's economy, but not out of a recession: report
National News

Defence spending will lift Canada's economy, but not out of a recession: report

  • Craig Lord The Canadian Press
  • Jul 17, 2025

OTTAWA - Ottawa's ramped up defence-spending plans will give the economy a lift, but not enough to save it from a recession, a newly released …

National Business

Insolvency filings in May rise from April, but down from last year

  • The Canadian Press The Canadian Press
  • Jul 8, 2025

Insolvency statistics for May show a rise from April but are down from a year ago, when the Bank of Canada had yet to start lowering interest rates. 

Defence spending to add 'staggering' sum to deficit by 2035, think tank warns
National News

Defence spending to add 'staggering' sum to deficit by 2035, think tank warns

  • Craig Lord The Canadian Press
  • Updated Jul 3, 2025

OTTAWA - The C.D. Howe Institute predicts Ottawa's recently announced spending plans — which include a much bigger defence budget — will drive…

Taxes are due today, the City reminds us

  • Staff
  • Jul 2, 2025

KELOWNA — Hurry, property taxes are due today (July 2.)

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Penticton, BC V2A1N4
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