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Economy, Law & Politics

Weak mining outlook stalls 2014 capital investment plans

In a sign that 2014 will be another year of mediocre growth for B.C.’s economy, Statistics Canada’s annual survey of investment intentions for construction, machinery and equipment (capex) points to a slight deceleration in capital investment this year.
Former prime ministers detail impact, lessons learned from 2008 recession

Former prime ministers detail impact, lessons learned from 2008 recession

Trio of international politicians highlights city’s 2014 Surrey Regional Economic Summit Panel discussion
B.C. government hit with another lawsuit over uranium moratorium

B.C. government hit with another lawsuit over uranium moratorium

The British Columbia government is facing another legal challenge over a moratorium on uranium and thorium exploration and mining – something that has already cost provincial taxpayers $30 million.
Study forecasts massive benefits to B.C. economy if shipbuilding industry returns to province

Study forecasts massive benefits to B.C. economy if shipbuilding industry returns to province

A study recently done by the Columbia Institute suggests that outsourcing the construction of BC Ferries' ships to foreign companies is a bad thing for the British Columbia's economy.
Crime is Surrey's biggest concern; housing tops Vancouverites' worries

Crime is Surrey's biggest concern; housing tops Vancouverites' worries

While residents of Vancouver say housing tops their list of concerns, those in Surrey say crime is by far the most pressing issue in their city.
Unemployment rate unchanged in February

Unemployment rate unchanged in February

The unemployment rate in British Columbia remained at 6.4% in February, according to Statistics Canada's latest Labour Force Survey, released March 7.
Legislation lays groundwork for sweeping changes to liquor laws

Legislation lays groundwork for sweeping changes to liquor laws

The provincial government will remove fences around beer gardens at festivals, allow happy hours in bars by summer and permit liquor sales in grocery stores next year.
Overnight rate unchanged: Bank of Canada

Overnight rate unchanged: Bank of Canada

The Bank of Canada is keeping its target overnight rate at 1% – the same level it has been since September 2010.

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 February 26. The information comes from a compilation of required reports filed with the BC Securities Commission obtained from DisclosureNet.com.

Canada’s technology sector has a venture finance problem

Searching for ways to kick-start Ontario’s tech sector, Ontario Premier Kathleen Wynne has regrettably chosen to invest public funds into the Northleaf Venture Catalyst Fund, a high-profile venture capital (VC) initiative.