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Economy, Law & Politics

Retiring Liberal MLAs to get $13.7m in pensions

Retiring Liberal MLAs to get $13.7m in pensions

Government watchdogs at the Canadian Taxpayers Federation (CTF) have calculated that, so far, retiring Liberal MLAs in the current government will be eligible to receive $13.7 million in pension benefits.
Scotiabank spends $3.13b to buy ING Bank of Canada

Scotiabank spends $3.13b to buy ING Bank of Canada

The Bank of Nova Scotia (TSX:BNS) announced August 29 that it has reached a definitive agreement to purchase ING Bank of Canada from Netherlands-based parent ING Group for $3.126 billion in cash.
27,000 government workers to strike next week

27,000 government workers to strike next week

B.C.'s hospitals, liquor stores and ICBC call centres will be some of the services hit when 27,000 unionized B.C. government workers go on strike next week. A September 5 strike was announced yesterday by the B.C.
Predecessor calls Falcon departure part of needed “renewal”

Predecessor calls Falcon departure part of needed “renewal”

Surrey-Cloverdale MLA Kevin Falcon's immediate resignation August 29 as minister of finance and deputy premier is part of necessary renewal following a leadership change, former B.C.
Cabinet minister has “ridiculous” concerns about erotic dance industry recruitment

Cabinet minister has “ridiculous” concerns about erotic dance industry recruitment

Advanced Education Minister Naomi Yamamoto announced August 29 that she fears that the adult entertainment industry will begin focusing its efforts on recruiting students at college job fairs – fears that Penthouse nightclub owner Danny Fillipo
Kevin Falcon steps down as Minister of Finance and Deputy Premier

Kevin Falcon steps down as Minister of Finance and Deputy Premier

Kevin Falcon has this morning announced his resignation from the posts of Minister of Finance and Deputy Premier. He will continue in his role as MLA for Surrey-Cloverdale.
PBI Actuarial Consultants acquires Quebec company

PBI Actuarial Consultants acquires Quebec company

Vancouver-based PBI Actuarial Consultants Ltd. has announced a deal to acquire Montreal-based Actuaires-Conseils Bergeron & Associés Inc. (ACBA).
Volatile markets dampen Central 1's Q2 results

Volatile markets dampen Central 1's Q2 results

Central 1 Credit Union has posted second-quarter profits of $4 million, down from $9.7 million for the same quarter last year.
Canadians more optimistic about company growth, job security: BMO

Canadians more optimistic about company growth, job security: BMO

Canadians are more optimistic about company growth prospects and job security than they were last year, according to new BMO Bank of Montreal research.
Competition lowers salary bar for in-house lawyers

Competition lowers salary bar for in-house lawyers

Dearth of head offices in the province drags down compensation for company legal teams