B.C.'s labour laws are failing workers, says Fraser Institute

Aug 28, 2014 - All Canadian provinces lag behind American states in terms of labour relations laws, and British Columbia is particularly bad, according to a Fraser Institute study released August 28.    Full Article


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1

British Columbians are spending more on retail goods

Aug 22, 2014 - B.C inflation remains well below the Canadian average while the province had some of the country’s... Full Article

2

Tim Hortons, Burger King confirm merger talks

Aug 25, 2014 - Tim Hortons (TSX:THI) and Burger King (NYSE:BKW) plan to join forces and create one of the world’s... Full Article

3

Local companies claim their share of sharing economy

Aug 25, 2014 - Homegrown organizations emerging as part of expanding resource-sharing movement Full Article



All Economy and Finance

Pick a winner – and own it

Aug 28, 2014 - Discover the thrill of thoroughbred horse ownership at the 2014 CTHS Yearling & Mixed Sale Full Article

B.C. sees average wage growth over the past year

Aug 28, 2014 - The average British Columbian had an overall pay increase of just under $30 per week in the 12 months leading to June, Statistics Canada announced ... Full Article

Canada Post reports $67m profit

Aug 28, 2014 - Canada Post Corporation is reporting a profit of $67 million in 2014’s second quarter, the Crown corporation announced August 27, citing a... Full Article

B.C.'s labour laws are failing workers, says Fraser Institute

Aug 28, 2014 - All Canadian provinces lag behind American states in terms of labour relations laws, and British Columbia is particularly bad, according to a... Full Article

Tim Hortons, Burger King confirm $12.5b merger, insist the move is not tax-motivated

Aug 26, 2014 - It’s official: in a deal that was unanimously approved by the boards of both companies, Burger King (NYSE:BKW) will buy Canadian icon Tim... Full Article

Central 1 Credit Union’s B.C. and Ontario assets grow as quarterly profits dip

Aug 25, 2014 - Central 1 Credit Union is in the black for 2014’s second quarter but profit at the Vancouver-based financial institution has dropped 26%... Full Article

Tim Hortons, Burger King confirm merger talks

Aug 25, 2014 - Tim Hortons (TSX:THI) and Burger King (NYSE:BKW) plan to join forces and create one of the world’s biggest fast-food businesses.... Full Article

British Columbians are spending more on retail goods while inflation remains low

Aug 22, 2014 - B.C inflation remains well below the Canadian average while the province had some of the country’s highest growth in retail sales, according ... Full Article

Average Canadian household net worth grew significantly in recent years relative to U.S. levels

Aug 21, 2014 - The household net worth per capita in Canada has increased substantially in the last seven years relative to levels seen in the United States,... Full Article

B.C. wholesale trade dips slightly in June

Aug 20, 2014 - British Columbia saw a drop in wholesale sales in June after three consecutive monthly gains, Statistics Canada announced August 20.... Full Article

Teen founders of non-profit organization take charge amid weak employment outlook

Aug 19, 2014 - Secondary school students get head start on the wider world by launching a charity Full Article

Vancouver is North America’s most livable city, third worldwide: Economist

Aug 19, 2014 - The Economist has released its annual ranking of the world’s most livable cities and although Vancouver hasn’t topped the list since... Full Article

Export recovery for B.C. gathers steam in June

Aug 19, 2014 - BC's export recovery continued in June as export sales posted a fourth increase in five months. International exports jumped more than 5% from May ... Full Article

B.C. sees drop in unemployment rate in July after StatsCan revises jobs numbers

Aug 15, 2014 - The unemployment rate in British Columbia has slipped down to 5.9% in July from 6.2% in June, according to revised Statistics Canada data released ... Full Article

Canadians spend more on taxes than they do on food, clothing and shelter combined, says Fraser Institute

Aug 12, 2014 - The average Canadian family spends more on taxes every year than they do on the necessities of life, argues a Fraser Institute study released... Full Article

B.C. hiring expected to pick up somewhat in 2014 despite low job growth: BMO

Aug 11, 2014 - In the face of last week’s discouraging job-growth numbers from Statistics Canada, the Bank of Montreal (BMO) says businesses are prepared... Full Article

Exports hit record high, says StatsCan

Aug 06, 2014 - Exports from Canada increased to $45.2 billion in June, according to Statistics Canada data released August 6, reaching the highest amount on... Full Article

B.C. budget can remain balanced if health and education costs kept in check: Conference Board

Aug 06, 2014 - British Columbia will maintain its budget surplus over the next few years as long as the province keeps cost growth under control, the Conference... Full Article

Surrey flourishes as a jobs creator

Aug 05, 2014 - Industrial base, infrastructure boost employment opportunities in city Full Article

B.C. economy poised for major growth in resource sector: Resource Works

Aug 05, 2014 - B.C.’s natural resources sector grew 4.6% in 2013, outpacing all the other industries in the province, according to data from... Full Article

Manufacturing growth up in B.C. and Canada in July: RBC

Aug 01, 2014 - The rate of growth in the manufacturing sector was up in both Canada – which saw an eight-month high – and British Columbia in July,... Full Article

B.C. wage growth continues to lag behind the rest of the country

Jul 31, 2014 - The average weekly earnings in British Columbia increased by 2% in the 12 months to May, according to Statistics Canada data released July 31,... Full Article

Canada sees fifth monthly GDP increase

Jul 31, 2014 - Real gross domestic product was up for the fifth month in a row in May with an increase of 0.4%, according to Statistics Canada data released July ... Full Article

Investment advisers bullish on Canadian equities, increasingly positive about Canadian dollar

Jul 30, 2014 - Canadian investment advisers are optimistic about domestic equities and commodities going into 2014’s third quarter.... Full Article

Caribbean crime damaging Canadian economy: study

Jul 29, 2014 - What harm can crime committed in the Caribbean possibly cause to the economy here in Canada? Full Article

Doctor has prescription for Surrey health care

Jul 28, 2014 - Understanding cultural traditions seen as key to tapping Surrey-India business opportunities Full Article

International Monetary Fund downgrades Canada’s economic outlook

Jul 25, 2014 - The International Monetary Fund (IMF) has lowered its projection of Canada’s economic growth for 2014, the organization announced July 24.... Full Article

TFSAs remain Canadian investors’ first choice

Jul 25, 2014 - Tax-free savings accounts (TFSAs) are Canadians’ top choice when it comes to where to invest their money, according to Manulife Financial.... Full Article

Business council scales back growth outlook of B.C.’s ‘mediocre’ economy

Jul 21, 2014 - A slightly weaker global economy, the province’s soft job market and delays in the proposed liquefied natural gas (LNG) boom are making the... Full Article

B.C. sees small jump in inflation in June

Jul 18, 2014 - Consumer prices in British Columbia rose 0.1% in June compared with a month prior, according to Statistics Canada data released July 18.... Full Article

Bank of Canada overnight rate remains at 1%

Jul 16, 2014 - Canada’s central bank announced July 16 it is maintaining its overnight rate target at 1% – the same level it has been since September ... Full Article

IFIC commends new investor disclosure rules

Jul 15, 2014 - The Investment Funds Institute of Canada (IFIC) said new investor disclosure rules from the Canadian Securities Administrators, the Mutual Funds... Full Article

Tax proposals aimed at blunting assessment spikes

Jul 15, 2014 - Businesses endorse measures designed to protect companies from real estate volatility Full Article

Washington state’s legalized pot not expected to affect cross-border trade

Jul 14, 2014 - With cheaper fuel and goods already a draw for many to head south of the border, local business groups aren’t too concerned about... Full Article

B.C. unemployment rate stays flat as Canada loses 9,400 jobs in June

Jul 11, 2014 - The size of B.C.’s workforce remained mostly flat in June compared with the month before as the rest of Canada lost 9,400 jobs.... Full Article

Vancouver ranks as the most expensive city in Canada – again

Jul 11, 2014 - Vancouverites enjoy mountain views, ocean breezes and mild winters, but these things don’t come cheap. Full Article

Canadian companies are losing out by not using Chinese currency when trading with China

Jul 09, 2014 - Trade between Canada and China grew 57% between 2007 and 2012, but Canadian companies are still not using Renminbi (RMB) (also known as yuan) when ... Full Article

B.C. investors increasingly optimistic, but remain less positive than Canadian average

Jul 08, 2014 - As stock markets rise, Canadian investors are expressing increasing economic optimism, and British Columbians are no exception.... Full Article

Canadian companies more likely to acquire – rather than be acquired by – foreign-owned firms

Jul 08, 2014 - Canadian firms are more often taking the lead when it comes to mergers and acquisitions with foreign companies, according to investment banker... Full Article

Fewer companies have plans boost workforce within a year: Bank of Canada

Jul 07, 2014 - Despite cautious optimism expressed by firms polled in the Bank of Canada’s latest business outlook survey, companies are not expecting... Full Article

IPO market rebounds in second quarter

Jul 02, 2014 - The initial public offerings (IPO) market in Canada came back after a weak first quarter, according to PwC’s Canadian equity markets... Full Article

Towers of brand strength

Jul 01, 2014 - Not all accounting executives are sold on putting corporate names on office towers Full Article

GDP up for the fourth month in a row

Jun 30, 2014 - Canada’s real gross domestic product was up 0.1% in April to $1.62 billion, Statistics Canada announced June 30.... Full Article

British Columbians still earning less than the rest of the country

Jun 26, 2014 - British Columbians earned, on average, $896 per week in April, Statistics Canada announced June 26. Full Article

B.C. boomers worried about outliving their retirement savings

Jun 25, 2014 - As the average life span increases, many baby boomers in British Columbia are concerned about having enough money to last for their retirement,... Full Article

Vancity creates alternative to payday loans

Jun 24, 2014 - A Vancouver credit union has created a bank loan to help customers escape the vicious cycle of payday loans. Full Article

It's Piketty mania — just don't throw your underwear

Jun 23, 2014 - It’s the must-read book of 2014, but at over 500 pages packed full of descriptions of national income, stacked charts and explanations of... Full Article

Canadian dollar up after unexpected rise in inflation

Jun 20, 2014 - The Canadian dollar was up following new data that shows inflation rose unexpectedly in May. Full Article

Canada, B.C. look across the border for M&A activity during lacklustre first quarter

Jun 19, 2014 - Despite expectations that mergers and acquisitions (M&A) activity would pick up in the 2014’s first quarter, transactions across Canada... Full Article

Tags: Real Estate

The number of wealthy Canadians is increasing

Jun 18, 2014 - The number of high net worth individuals (HNWIs) in Canada is on the rise, according to an RBC Wealth Management report released June 18.... Full Article

Vancouver has the world's second most competitive taxes for business: KPMG (with infographic)

Jun 17, 2014 - Vancouver is the second most competitive major city – defined as those with a population of two million or more – when it comes to... Full Article

Tags: Taxation Kpmg

Beware of medical marijuana stocks, Canadian regulator cautions

Jun 16, 2014 - The Canadian Securities Administrators (CSA) has a blunt warning for investors looking to drop money into medical marijuana stocks.... Full Article

B.C.’s economy to gather speed in 2014: RBC

Jun 11, 2014 - The economy in British Columbia is set to accelerate and is expected to surpass growth rates seen last year, RBC announced June 11.... Full Article

Increasing taxes delay Tax Freedom Day in 2014, says Fraser Institute

Jun 09, 2014 - June 6 was Tax Freedom Day in British Columbia – three days later than it was last year – according to the Fraser Institute.... Full Article

B.C. unemployment grows in May

Jun 06, 2014 - The unemployment rate in British Columbia increased to 6.1% in May, according to Statistics Canada data released June 6.... Full Article

Bank of Canada overnight rate maintained at 1%

Jun 04, 2014 - The overnight rate will once again remain at 1% – the same level it has been since September 2010 – the Bank of Canada announced June... Full Article

Growing B.C. government debt unnoticed by most taxpayers: Fraser Institute

Jun 03, 2014 - Most taxpayers are unaware of the fact that an ever-increasing government debt by the British Columbia government is hidden in the... Full Article

Manufacturing growth rate in B.C. and Canada slows in May

Jun 02, 2014 - The growth rate of the manufacturing sector in both Canada and B.C. slowed in May to its lowest point in four months — a result of sluggish... Full Article

Port and energy boom reignites Prince Rupert’s economy

Jun 02, 2014 - North coast B.C. city’s port facilities experiencing massive growth more than a decade after pulp mill closure sent its fortunes on a... Full Article

Workers in B.C. earn 21% less than in Alberta

May 29, 2014 - Despite growth in the average weekly earnings for employees in this province, British Columbians still make about 21% less than their Albertan... Full Article

High gas prices drive British Columbians away from the pumps: poll

May 27, 2014 - Driving is out and walking and taking the bus are in for many British Columbians feeling pinched by high gas prices.... Full Article

Port strike weighs down exports in March

May 27, 2014 - Global growth, and more importantly, U.S. economic conditions, point to stronger demand for B.C. goods Full Article

B.C. leads provinces with accelerating inflation

May 23, 2014 - Prices in B.C. rose 1.5% year-over-year in April after increasing just .1% in March compared with the year prior, representing the highest rate of ... Full Article

March EI numbers mostly flat in B.C.

May 22, 2014 - British Columbians receiving regular income benefits remained stable in March, dipping just 1.7% compared with February.... Full Article

Millennials better off financially than parents: study

May 16, 2014 - Despite assumptions Generation Y is having a tougher go at it than their parents, Millennials have a better chance at landing a job and earning... Full Article

B.C. gets a “B” on economy report card: Conference Board

May 15, 2014 - British Columbia has received an average grade on the Conference Board of Canada’s latest economy report card, released May 15.... Full Article

Insider trading

May 13, 2014 - The following is a list of stock trades made by corporate executives, directors and other company insiders of B.C.ís public companies filed the... Full Article

Two-thirds of Canadian startups looking for exit strategy via acquisition: study

May 12, 2014 - Mid- to large-size tech companies like HootSuite, Global Relay, Vision Critical make up the minority in Vancouver.... Full Article

B.C. maintains AAA credit rating with Moody’s but outlook stays negative

May 12, 2014 - British Columbia is holding on to its AAA credit rating from Moody's Investors Service. The credit rating agency is not, however, upgrading the... Full Article

April job numbers drop 3,700 in B.C., 29,000 in Canada

May 09, 2014 - Canada lost 29,000 jobs between March and April but the unemployment rate month-to-month remained unchanged at 6.9%.... Full Article

Tags: Unemployment

Government should address Canada-U.S. price gap

May 06, 2014 - It’s government policy – not price gouging on the part of Canadian retailers – that is to blame for the substantial gap in... Full Article

Insider Trading

May 06, 2014 - The following is a list of stock trades made by corporate executives, directors and other company insiders of B.C.ís public companies filed the... Full Article

Alberta's allure for young workers equals trouble for B.C. employers

May 05, 2014 - British Columbia has lost significant numbers of its young people to the booming Alberta economy, enough to affect B.C.'s labour market, according ... Full Article

Canada Post reports operating loss of $193 million

May 05, 2014 - Last year's sale of the downtown Vancouver mail processing plant helped offset losses at Canada Post in 2013, however, the Crown corporation still ... Full Article

Tourism a positive force for growth this year

May 05, 2014 - International tourist visits to B.C. slowed in February but the level remained consistent with the range observed in late 2013, with inbound... Full Article

Canadians spending billions to prepare their tax returns: Fraser Institute

Apr 30, 2014 - As Canadians are wrapping up their income tax returns for the year, many are finding it's not just the actual tax bills that are taking a chunk... Full Article

The gap between rich and poor is widening in Canada: OECD

Apr 30, 2014 - The income disparity between wealthy Canadians and the rest of the country has grown significantly, the Organisation for Economic Co-operation and ... Full Article

B.C. CPI inflation edges back into positive territory

Apr 29, 2014 - B.C. is not in a deflationary mode. Price levels have climbed on a month-to-month basis since December Full Article

Four minimum wage jobs are needed to support a family in Vancouver: Canadian Centre for Policy Alternatives

Apr 29, 2014 - In order to support a family with two children in Vancouver, two parents need to work the equivalent of two minimum wage jobs – each – ... Full Article

What’s a budget, mommy? B.C. parents avoid money talk: survey

Apr 25, 2014 - Parents in British Columbia have some work to do to educate their kids about responsible spending and saving. Full Article

B.C. wholesale trade up slightly in February: StatsCan

Apr 22, 2014 - Wholesale sales in British Columbia grew by 0.1% in February to $4.8 billion, Statistics Canada announced April 22.... Full Article

Infographic: Taxes around the world

Apr 21, 2014 - In time for people's tax deadlines, here is an infographic ranking taxation rates per country. Full Article

Tags: Taxation

Consumer prices rise slightly in B.C.: StatsCan

Apr 17, 2014 - Consumer prices were up slightly in March in British Columbia compared with one month prior, according to Statistics Canada data released April 17.... Full Article

Bank of Canada overnight rate remains steady at 1%

Apr 16, 2014 - The overnight rate will remain at 1%, the Bank of Canada announced April 16, keeping it at the same level it has been since September 2010.... Full Article

LNG projects will spur economic growth, Central 1 forecasts

Apr 15, 2014 - Following a disappointing year in 2013, B.C.'s economy is expected to expand at a modest pace this year as it transitions to a higher growth phase ... Full Article

Renewable energy a key Canada-Scotland trade link

Apr 15, 2014 - We aim to generate the equivalent of 100% of our electricity consumption from renewable resources by 2020 Full Article

Urban economy still tethered to fortunes of rural B.C.

Apr 15, 2014 - Extracting more natural resources from B.C. could create thousands of service-oriented jobs in Metro Vancouver, Resource Works study claims Full Article

Labour presses for minimum-wage hike

Apr 15, 2014 - Experts disagree about likelihood of B.C. government following wage-policy lead of cities such as New Westminster Full Article

Insider trading

Apr 15, 2014 - The following is a list of stock trades made by corporate executives, directors and other company insiders of B.C.ís public companies filed the... Full Article

Ontario’s economic woes dragging down the rest of Canada: Fraser Institute

Apr 14, 2014 - The failure of Ontario’s economy to perform well over the past decade-plus is taking a toll not only on its own residents but the rest of... Full Article

Boost in B.C. natural resource extraction creates more Vancouver service-sector jobs: report

Apr 10, 2014 - As highrises blanket Vancouver's downtown and box stores dot the landscape in the suburbs, the significance of the province's natural resource... Full Article

Wood helps boost manufacturing numbers in B.C.

Apr 08, 2014 - Manufacturing sales in B.C. rebounded in January to stay within the elevated range observed since October. Shipments reached a seasonally adjusted ... Full Article

ING Direct Canada rebrands as Tangerine

Apr 08, 2014 - Scotiabank has rebranded its ING Direct Canada unit as Tangerine, as part of its agreement to buy the bank from Netherlands-based ING Group for $3.... Full Article

Canadian bankers expect more credit card delinquencies than Americans: FICO

Apr 08, 2014 - Bankers across Canada are more pessimistic than those in the United States when it comes to the outlook for credit card delinquencies, according... Full Article

British Columbia losing its tax advantage – and its people

Apr 08, 2014 - British Columbians are falling behind compared with other provinces, and compared with ourselves just five years ago. This lack of competitiveness ... Full Article




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