UK inflation cools markedly in January, boosting odds of Bank of England rate cut
[ad_1] A customer looks at goods on a shelf in a supermarket on January 15, 2025 in London, England. Dan Kitwood | Getty Images News | Getty Images The U.K. inflation rate cooled to 3% in January, according to the latest figures from the Office for National Statistics (ONS). Economists polled by Reuters had expected the consumer […]
Bank of Canada orders tip manager XTM to halt payments as B.C. restaurants’ money missing | Globalnews.ca
[ad_1] Descrease article font size Increase article font size The Bank of Canada announced on Tuesday that it has issued a temporary order to XTM Inc. to immediately cease performing any retail payment activities. This comes after more people in the hospitality industry across B.C. are coming forward about tips disappearing from the third-party program that […]
5 things to know about B.C.’s 2026 budget | Globalnews.ca
[ad_1] B.C.’s Finance Minister, Brenda Bailey, has delivered the 2026 budget. Here are five things you need to know. Bailey has promised there would be years of declining deficits, but first it is projected to spike by a hefty 38 per cent to a record $13.3 billion next fiscal year, compared with an updated forecast […]
Provinces contend with fresh shocks ahead of 2026 budget season | Globalnews.ca
[ad_1] The outlook for Canada’s provinces is difficult to chart but some surprising resilience to U.S. trade pressures and historical revisions to economic data have most provinces on better footing heading into the 2026 budget season, argues a new analysis from Desjardins. Randall Bartlett, deputy chief economist at Desjardins and one of the authors of […]
As portables arrive in Tumbler Ridge, B.C., expert says feeling safe a priority | Globalnews.ca
[ad_1] The co-founder of a group that supports victims and their families after mass shootings says a top priority when bringing students back to school in Tumbler Ridge, B.C., is to make them feel safe again. “No kid can learn in fear,” said Anita Busch, with the U.S.-based organization Victims First. The British Columbia government has […]
Ontario finance minister says rate of health-care spending is ‘unsustainable’ | Globalnews.ca
[ad_1] Ontario’s finance minister is expressing concerns about the rate of health-care spending in the province, calling the current $91.5-billion budget both “unprecedented” and “unsustainable.” When Peter Bethlenfalvy addressed the Mississauga Board of Trade in January, he outlined some of the issues that appear to be weighing on his mind as he crafts the upcoming […]
Alberta Sheriffs continue to remove unsafe commercial vehicles from roadways | Globalnews.ca
[ad_1] In early February, a joint operation by Alberta Sheriffs, Calgary Police Service and the provincial government conducted more thorough inspections of commercial vehicles at the Airdrie, Alta., vehicle inspection station north of Calgary. Insp. BJ Bjornson with Alberta Sheriffs says plenty of vehicles were dealt with. “We had 20 of the 23 vehicles not […]
Trump slams Canada as U.S. House passes symbolic vote to end tariffs – National | Globalnews.ca
[ad_1] U.S. President Donald Trump called Canada “among the worst in the World to deal with” as the U.S. House of Representatives voted against his tariffs on America’s northern neighbour — a largely symbolic move that shows some wavering Republican support for the president’s massive trade agenda. “Canada has taken advantage of the United States […]
Ontario not currently on path to balance, financial watchdog finds | Globalnews.ca
[ad_1] Ontario’s financial watchdog says the province is not currently on a path to balance as spending ticks up and revenue from taxation begins to fall in the face of a cost-of-living crisis. The Financial Accountability Officer of Ontario found that the provincial government’s budget deficit will increase to $11.1 billion in the 2025-26 year, […]
‘Despicable and reprehensible’: China lashes out at UK expansion of visa scheme following Jimmy Lai conviction
[ad_1] Sebastian Lai, son of Jimmy Lai speaks during a press conference outside Downing street in London on Sept. 15, 2025. Henry Nicholls | Afp | Getty Images China’s embassy in London Tuesday criticized the U.K.’s decision to expand a visa program for Hong Kong residents, calling the move an interference in its internal affairs […]