BIV News
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BIV is an award-winning news source, covering the business community in Vancouver and beyond since 1989. Now in print, television and online.
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BIV News
@bivnews.bsky.social
· 10h
TSX soars on gains in basic materials stocks as U.S.-China trade tensions escalate
TORONTO — Canada's main stock index finished more than 500 points higher on Tuesday, helped by strong gains in the basic materials sector, while U.S. stock markets posted mixed results.
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· 10h
'Razor’s edge of survival': Eby decries increasing softwood tariffs
British Columbia's softwood industry is facing an "existential threat" from increasing U.S. tariffs that needs to be treated with the same urgency by the federal government as threats to Canadian steel and auto jobs, B.C. Premier David Eby says.
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· 10h
Details on housing development charges expected in budget: Robertson
OTTAWA — The office of federal Housing Minister Gregor Robertson says the Liberal government remains committed to cutting municipal development charges in half, after the minister was vague about fulfilling the promise at a news conference in Toronto
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BIV News
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· 11h
S&P/TSX soars, closing more than 500 points higher while U.S. markets end mixed
TORONTO — Canada's main stock index finished more than 500 points higher on Tuesday, helped by strong gains in the basic materials sector, while U.S. stock markets posted mixed results. The S&P/TSX composite index was up 502.72 points at 30,353.
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· 11h
Stocks wobble as trade tensions between the US and China
NEW YORK (AP) — U.S. indexes bounced between gains and losses and wound up mixed on Wall Street as trade tensions continued to simmer between Washington and Beijing. The S&P 500 gave up an afternoon gain and closed 0.2% lower Tuesday.
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· 12h
B.C. set to open Western Canada's first new medical school in decades
SURREY — Applications are being accepted for those wanting to become doctors through Simon Fraser University, in what the British Columbia government says is the first new medical school in Western Canada in decades.
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· 13h
Bell to resell fibre internet in Western Canada as it announces three-year outlook
TORONTO — BCE Inc. will begin offering fibre internet services in Western Canada using its rivals' networks under rules it has long opposed, as it seeks to grow its customer base and push for more bundled subscriptions.
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· 15h
S&P/TSX composite up more than 400 points while U.S. stock markets move lower
TORONTO — Canada's main stock index was up more than 400 points in late-morning trading, helped by strong gains in the base metal sector, while U.S. stock markets moved lower. The S&P/TSX composite index was up 427.33 points at 30,278.
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· 16h
Parkland-Sunoco deal receives Investment Canada Act approval
CALGARY — U.S. fuel distributor Sunoco LP's proposed takeover of Calgary-based fuel retailer and refiner Parkland Corp. has cleared a key regulatory milestone with Ottawa's approval under the Investment Canada Act.
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· 17h
US stocks open lower as trade tensions with China flare up again
Stocks are opening lower on Wall Street as trade tensions escalate again with China. The S&P 500 fell 1.3% in early trading Tuesday. The index is coming off its best day since May. The Dow Jones Industrial Average lost 494 points, or 1.
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