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Court certifies flooding lawsuit against Abbotsford, B.C., as class action

Court certifies flooding lawsuit against Abbotsford, B.C., as class action

ABBOTSFORD, B.C. — A judge has certified a class-action lawsuit alleging destruction in the November 2021 atmospheric river flooding in the Fraser Valley was magnified by improper operations of a pump station. B.C. Supreme Court Justice S.
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When will the Bank of Canada embrace reality?

When will the Bank of Canada embrace reality?

Canada’s central bank is at a crossroads. It must unlock tremendous potential or perpetuate an overly restrictive status quo
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Banks wrap quarter that saw more money set aside as consumer strain grows

Banks wrap quarter that saw more money set aside as consumer strain grows

TORONTO — CIBC and Royal Bank wrapped a round of second-quarter bank earnings on Thursday that showed rising but manageable consumer strain.
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Big pay raise proposed for Metro Vancouver chair and vice-chair amid financial crisis

Big pay raise proposed for Metro Vancouver chair and vice-chair amid financial crisis

The Metro Vancouver board of director's chair and vice-chair are attending more meetings and need more compensation, according to a report to the board.
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Former BoC governor Stephen Poloz warns on low business investment, lost productivity

Former BoC governor Stephen Poloz warns on low business investment, lost productivity

TORONTO — Stephen Poloz is concerned about investment levels in Canada’s private sector, which he says has been dampened by higher government spending and volatility in U.S. trade relations.
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New transit oriented development rules won't impact Lower Lonsdale much

New transit oriented development rules won't impact Lower Lonsdale much

Most of the properties around Lonsdale Quay Exchange in the City of North Vancouver have already been built out
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B.C. food manufacturers see losses as grocers profit, say reports

B.C. food manufacturers see losses as grocers profit, say reports

Supply chains have smoothed but ample challenges remain.
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One-third of B.C. workers earn below 'living wage,' report shows

One-third of B.C. workers earn below 'living wage,' report shows

The minimum wage is set to hit $17.40 per hour in B.C. but hundreds of thousands of B.C. workers continue to find themselves under financial stress with relatively low unlivable wages.
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Why are grocery bills so high? A new study looks at the science behind food price reporting

Why are grocery bills so high? A new study looks at the science behind food price reporting

Without a clear picture of the actual drivers affecting food prices, we lack the necessary information for developing policies that protect the rights and well-being of Canadians.
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B.C. government to pay for COVID-19 drug Paxlovid after feds drop coverage

B.C. government to pay for COVID-19 drug Paxlovid after feds drop coverage

VICTORIA — British Columbia will cover the cost of an antiviral drug aimed at treating mild to moderate cases of COVID-19 as the federal government ends its coverage. A statement from B.C.
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