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Economy, Law & Politics

Wood helps boost manufacturing numbers in B.C.

Wood helps boost manufacturing numbers in B.C.

Manufacturing sales in B.C. rebounded in January to stay within the elevated range observed since October. Shipments reached a seasonally adjusted estimate of $3.51 billion – a 3.3% increase from December, with unadjusted sales up nearly 6% from year-ago levels.
Wine store claims B.C. Wine Institute wrongfully prevented sale of VQA store to Liquor Barn

Wine store claims B.C. Wine Institute wrongfully prevented sale of VQA store to Liquor Barn

The Tasty Grape Wine Store and owner Cindy Holland are suing the British Columbia Wine Institute for allegedly unreasonably denying an application to sell the BC Vintner's Quality Wine Store to Liquor Barn.
ING Direct Canada rebrands as Tangerine

ING Direct Canada rebrands as Tangerine

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 $3.1 billion in late 2012.

Insider trading

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 April 2. The information comes from a compilation of required reports filed with the BC Securities Commission obtained from DisclosureNet.com.

British Columbia losing its tax advantage – and its people

British Columbians are falling behind compared with other provinces, and compared with ourselves just five years ago. This lack of competitiveness will continue to hurt our economy
City of Burnaby was in talks to buy Willingdon lands before province made a deal with First Nations

City of Burnaby was in talks to buy Willingdon lands before province made a deal with First Nations

Burnaby Mayor Derek Corrigan is upset over the province's latest sale of Crown land in Burnaby, as the city was in talks to buy the property but was later cut out of the deal.
B.C. unemployment rate plummets after province adds 18,000 jobs in March

B.C. unemployment rate plummets after province adds 18,000 jobs in March

Unemployment levels in British Columbia went down significantly between February and March following more than a year and a half of little job growth, according to Statistics Canada.
B.C. Lottery Corporation cuts jobs, budget

B.C. Lottery Corporation cuts jobs, budget

Luck has run out for some workers at the British Columbia Lottery Corporation workers as the gaming organization cuts jobs and slashes operating costs.
A handful of Canadians controls a third of the country's wealth: Canadian Centre for Policy Alternatives

A handful of Canadians controls a third of the country's wealth: Canadian Centre for Policy Alternatives

There are 86 residents in Canada who control the same amount of wealth as more than 12 million other Canadians, according to a Canadian Centre for Policy Alternatives (CCPA) report, Outrageous Fortune, released April 3.
Exports and imports up in February: StatsCan

Exports and imports up in February: StatsCan

Merchandise exports were up 3.6% in February, according to Statistics Canada data released April 3.