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business
Flooding in Fraser Valley could peak today, as B.C. prepares for second system
ABBOTSFORD - Flooding in the Fraser Valley, caused by overflow from the Nooksack River in Washington state, is expected to peak today, as residents wait to see the severity of the inundation. David Ca...
The Canadian Press
Dec 12, 2025
A car crosses a flooded street in Abbotsford B.C., on Thursday, December 11, 2025. THE CANADIAN PRESS/Ethan Cairns
B.C. Housing Minister Boyle rejects calls for repeal of high-density housing laws
VICTORIA - A coalition of municipalities in British Columbia is calling on the province to repeal housing legislation designed to increase supply through higher density, but the housing minister says ...
The Canadian Press
Dec 11, 2025
Rent growth slowed in 2025 as national vacancy rate continued to rise: CMHC
Canada's housing agency says the pace of rent growth ticked lower this year as vacancies continued rising, while increased rental supply also contributed to softer market conditions. Canada Mortgage a...
The Canadian Press
Dec 11, 2025
'Not what they're saying': Carney rejects suggestion U.S. may exit trade pact
OTTAWA - Prime Minister Mark Carney is pushing back on the suggestion that the U.S. may be considering pulling out of North America's trilateral free-trade pact. When The Canadian Press asked the prim...
The Canadian Press
Dec 11, 2025
Prime Minister Mark Carney arrives to a caucus meeting on Parliament Hill in Ottawa on Wednesday, Dec. 10, 2025. THE CANADIAN PRESS/Sean Kilpatrick
Trans Mountain pipeline pays $196K penalty for environmental lapses after 2024 storm
Trans Mountain has paid a regulatory fine for environmental lapses along its British Columbia pipeline route in the aftermath of a January 2024 storm. The $196,000 fine is the largest cumulative penal...
The Canadian Press
Dec 11, 2025
Accused of bullying staff, CEO of Canadian Museum of Immigration steps down
HALIFAX - The CEO of the Canadian Museum of Immigration in Halifax has stepped down after a federal investigation led to allegations Marie Chapman had bullied staff and created an environment of fear ...
The Canadian Press
Dec 11, 2025
Fact File: Posts falsely claim Canada revoked China's equal trade status
Chinese language posts that appeared on social media the past few weeks claimed Canada was one of 32 countries to revoke China's "most favoured nation" trade status on Dec. 1. The claim originates fro...
The Canadian Press
Dec 11, 2025
The year in money: notable personal finance changes for 2025
TORONTO - There's been a lot to keep up with this year, so it's easy to have missed new developments on the personal finance front even if they might mean more money in your pocket. To help stay up to...
The Canadian Press
Dec 11, 2025
CRA aiming to hire 1,700 call centre staff ahead of busy tax season
OTTAWA - The Canada Revenue Agency is looking to hire or rehire about 1,700 call centre workers over the next few months to manage an influx of calls during the upcoming tax season. Melanie Serjak, an...
The Canadian Press
Dec 11, 2025
LeBlanc believes U.S. will keep CUSMA trade deal with Canada, Mexico
OTTAWA - The minister in charge of Canada-U.S. trade says he has no reason to believe the Trump administration is preparing to tear up the free trade agreement with Canada and Mexico, even though the ...
The Canadian Press
Dec 11, 2025
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