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Economy, Law & Politics

B.C.’s employment and housing cool off in May

B.C.’s employment and housing cool off in May

B.C. employment softened in May, according to Statistics Canada’s latest Labour Force Survey estimates. Fewer full-time positions drove a 0.5%, or 12,000-person, dip in total employment from April, entirely attributed to a decline in Metro Vancouver.
Canada's Cannabis Act awaits royal assent

Canada's Cannabis Act awaits royal assent

Senators voted 52-29, with two abstentions, to pass the Cannabis Act on June 19
Challenges erode Asian-market allure for First Nations

Challenges erode Asian-market allure for First Nations

Initial momentum for overseas business relationship has slowed to a near standstill
Trump’s tariff threats could derail global economy

Trump’s tariff threats could derail global economy

Job losses, an escalating trade war the likely fallout from levies on Canada’s auto industry
Insider trading: June 19, 2018

Insider trading: June 19, 2018

The following is a list of stock trades made by corporate executives, directors and other company insiders of B.C.’s public companies filed in the week ended June 13, 2018. The information comes from a compilation of required reports filed with the BC Securities Commission obtained from DisclosureNet.com.
Lawsuit of the week: Investor in Vancouver’s first licensed marijuana shop claims original directors were forced out through ‘intimidation and

Lawsuit of the week: Investor in Vancouver’s first licensed marijuana shop claims original directors were forced out through ‘intimidation and

Shane Allen, an investor in Vancouver’s first licensed cannabis dispensary, is suing Wealthshop Retail Ltd. and others, claiming loans and investments haven’t been paid back after original directors were allegedly forced out “through the use of intimidation and threats of violence.”
Canada’s Cannabis Act sent to Senate for second time

Canada’s Cannabis Act sent to Senate for second time

House of Commons voted 205-82 to accept government’s rejection of 13 Senate amendments
Defrauded investors set to collect US$3.5m from former Burnaby pair

Defrauded investors set to collect US$3.5m from former Burnaby pair

Investors who the B.C. Securities Commission says were defrauded by two former Burnaby residents are set to collect some of their lost money. Once given court approval, a total of US$3.

Infographic: What is a mutual fund?

How do mutual funds differ from stocks? How many different types are there? This infographic answers those questions and traces the history of mutual funds from the 1700s until today.
Canadian household debt shows biggest improvement on record: StatsCan

Canadian household debt shows biggest improvement on record: StatsCan

The average Canadian household had $1.68 in debt for every dollar of disposable income at the end of 2018’s first quarter, according to new data from Statistics Canada.