Skip to content
Join our Newsletter

Economy, Law & Politics

Richmond property investment firm suspended by securities commission

Richmond property investment firm suspended by securities commission

Richmond commercial property investment manager was deregistered for securities regulations violations.

B.C. First Nation gets $147M from Ottawa for lost water rights 131 years ago

ESK'ET, BRITISH COLUMBIA — The federal government has reached a $147-million settlement with a First Nation in British Columbia over a dispute about water rights that dates back to the late 1800s.
Victoria to launch pilot to get 'most vulnerable' into labour pool

Victoria to launch pilot to get 'most vulnerable' into labour pool

The province is investing $4M in the Community-based Employment Services program, in partnership with the federal government
TSX ends lower, U.S. markets see worst drop since 2022 amid 'sizeable' tech selloff

TSX ends lower, U.S. markets see worst drop since 2022 amid 'sizeable' tech selloff

TORONTO — Losses in industrial and base metal stocks dragged Canada's main stock index lower Wednesday, while markets in the U.S. slid.
Banks lower prime rates in line with Bank of Canada rate cut

Banks lower prime rates in line with Bank of Canada rate cut

Canadian financial institutions say they are lowering their prime lending rates to match the decrease announced by the Bank of Canada. The central bank lowered its key interest rate by a quarter percentage point Wednesday to 4.5 per cent.
Privacy commissioner probing customers' claims they can't delete PC Optimum accounts

Privacy commissioner probing customers' claims they can't delete PC Optimum accounts

The Office of the Privacy Commissioner of Canada has opened an investigation into allegations that some Loblaw customers have been unable to delete their PC Optimum accounts.
Grim outlook for clients of B.C. funeral home under cease-and-desist order

Grim outlook for clients of B.C. funeral home under cease-and-desist order

Consumer Protection BC has suspended a Chilliwack funeral home's licences and issued a freeze order on remaining assets.
BoC's Macklem says he wants growth to pick back up as bank cuts key rate again

BoC's Macklem says he wants growth to pick back up as bank cuts key rate again

OTTAWA — The Bank of Canada appeared to be increasingly concerned about the risk of high interest rates slowing the economy and inflation by more than necessary as it delivered a second consecutive rate cut Wednesday.
How rising life expectancies are reshaping wealth management in Canada

How rising life expectancies are reshaping wealth management in Canada

Clients are starting to focus on financial plans beyond their 80s and 90s, according to the largest wealth management firm in Vancouver
Here's what the Bank of Canada's rate drop means for the loonie

Here's what the Bank of Canada's rate drop means for the loonie

The Bank of Canada lowered its key interest rate for the second time this year to 4.5 per cent. Here's what the decision means for the Canadian dollar. How has the decision affected the Canada-U.S.