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Economy, Law & Politics

Reaping real dividends from selling a dream

Reaping real dividends from selling a dream

LNG fever has already drawn billions of dollars of investment to B.C.

Infographic: Valentine's Day by the numbers

Just how many cards, candy and flowers will be exchanged February 14?

Automobile sales drive surge in B.C.’s November retail sales

An October lull gave way to a surge in B.C. spending in November as retail sales growth leaped head and shoulders above the rest of the country
‘This was not supposed to happen’ — Canadian GDP shrinks 0.2% in November

‘This was not supposed to happen’ — Canadian GDP shrinks 0.2% in November

Declines in Canada’s mining and oil sectors took a toll on the economy in November as the nation’s gross domestic product defied analyst’s expectations and shrank 0.2%.
Stock market madness and driverless cars

Stock market madness and driverless cars

This week Alibaba was accused of selling counterfeits and Google didn't meet expectations (but that should have been expected)
Westminster Savings and Prospera credit unions call off merger talks

Westminster Savings and Prospera credit unions call off merger talks

Costs to merge cited as a major factor in not pursuing things further
StatsCan revises employment growth downward for 2014

StatsCan revises employment growth downward for 2014

The decline "clearly shows that the labour market failed to make significant headway last year"
The province’s credit unions are growing but keeping niche focus

The province’s credit unions are growing but keeping niche focus

In 1996, there were around 100 credit unions operating in British Columbia. Today, that number is 42.It’s not a sign that the sector is failing, said Chris Catliff, CEO of BlueShore Financial – it’s that credit unions are changing and getting bigger as the trend toward mergers continues.
Strong finish for 2014 housing sales in B.C.

Strong finish for 2014 housing sales in B.C.

BC’s housing market ended on a solid note in 2014 with sales near multi-year highs.
A good time to reduce risk, heed caution and diversify portfolios

A good time to reduce risk, heed caution and diversify portfolios

The economy is walking a tightrope without the usual safety net, namely the ability to lower interest rates and crank up government spending. To reinforce this vulnerability, consider Canada’s circumstances: highly indebted consumers, weak job growth, modest wage increases, heavy dependence on housing and resources and austerity desperately needed in the two biggest provinces.