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Economy, Law & Politics

Canadian dollar’s dive a boon for B.C. tech sector

Canadian dollar’s dive a boon for B.C. tech sector

Companies generating revenue in U.S. dollars ramping up recruitment in Metro Vancouver
Global unrest rising over income inequality’s economic impact

Global unrest rising over income inequality’s economic impact

The top 1% have 65 times the wealth of the poorest half of the world. That imbalance is staggering
Insider trading, Jan. 27, 2015

Insider trading, Jan. 27, 2015

The following is a list of stock trades made by corporate executives, directors and other company insiders of B.C.’s public companies filed the week ending January 21. The information comes from a compilation of required reports filed with the BC Securities Commission obtained from DisclosureNet.com.
Loonie to hit 75 cents US in 2016 as Bank of Canada hikes key rate, TD forecasts

Loonie to hit 75 cents US in 2016 as Bank of Canada hikes key rate, TD forecasts

Canadian dollar expected to fall to 75 cents U.S. before slowly climbing back to 85 cents by the end of 2016
Mutual funds’ simplicity ‘does not mean hands-off’

Mutual funds’ simplicity ‘does not mean hands-off’

Mutual funds have long been a favorite of Canadian investors. According to the Investment Funds Institute of Canada (IFIC), 4.6 million Canadian households own mutual funds representing $1.14 trillion in assets.
Promises and surprises from President Barack Obama and the Bank of Canada

Promises and surprises from President Barack Obama and the Bank of Canada

The state of the union address, income inequality and bank rate cuts made interesting news this past week
Inflation rate falls to 1.5% in December as gas prices tumble

Inflation rate falls to 1.5% in December as gas prices tumble

Plunging gas prices helped push Canada’s annual inflation rate down to 1.5% in December compared with 2% the previous month.
B.C. households spent least on transportation in Canada

B.C. households spent least on transportation in Canada

It is no surprise that households in British Columbia spend the biggest percentage of their average total spending on shelter in Canada, but...
Ex-notary public fined $44m for Ponzi scheme

Ex-notary public fined $44m for Ponzi scheme

An ex-notary public has been fined $33 million for running a Ponzi scheme that defrauded hundreds of investors of at least $100 million.
Bank of Canada responds to plunge in oil prices by cutting overnight rate

Bank of Canada responds to plunge in oil prices by cutting overnight rate

For the first time in over four years, Canada’s central bank is changing its overnight rate target