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Economy, Law & Politics

Data points: B.C.'s high youth unemployment threatens to accelerate province's brain drain

Numerous surveys suggest that employers are having a hard time finding qualified staff. But not enough is being done to help tap the persistently large number of young people entering the workforce. Limited job prospects are increasing disenchantment among the province's employable youth.
Class action filed against British Columbia Lottery Corporation

Class action filed against British Columbia Lottery Corporation

Stephen Raghoobarsingh has launched a class action lawsuit against the British Columbia Lottery Corp. (BCLC) on behalf of those who, since September 1995, bought Sports Action tickets and had claims for prizes rejected by the BCLC because of BCLC’s “misinterpretation” of its own materials and rules and regulations respecting what qualifies as a tie game, according to the notice of civil claim filed May 14.
Focus on members key to co-op growth

Focus on members key to co-op growth

Despite low mortgage margins, credit unions post record earnings
BCGEU steps up fight against liquor privatization

BCGEU steps up fight against liquor privatization

The B.C. Government and Service Employees' Union (BCGEU) today launched a new website in its public awareness campaign opposing the privatization of the Liquor Distribution Branch (LDB) warehouse and distribution service.

Podium: Employment insurance overhaul needs to create incentives to work and deterrents against system abuse

With almost half of Canada’s business owners concerned about labour shortages, it makes economic sense to strengthen incentives in the EI system that encourage active job-seeking
Cities seek police cost certainty

Cities seek police cost certainty

Dissatisfied with a 20-year RCMP contract that the province is pushing, a cluster of Lower Mainland municipalities is investigating alternatives that include a single Metro Vancouver police service.
B.C.’s economic growth remains steady in 2012: RBC Economics

B.C.’s economic growth remains steady in 2012: RBC Economics

Indicators of economic performance in 2012’s first quarter were mostly positive for B.C., according to RBC Economics . The bank's Provincial Outlook expects the provincial economy to continue its current pace, growing by 2.

Acquisitions contribute to growth for B.C.’s largest private companies

By Richard Chu
Relief as regulators shelve plan for mortgage renewal credit checks

Relief as regulators shelve plan for mortgage renewal credit checks

Canada's bank regulator, the Office of the Superintendent of Financial Institutions (OSFI), has reversed its proposal to require borrowers to requalify for their mortgages at renewal.
Tax Freedom Day no cause for celebration: Fraser Institute

Tax Freedom Day no cause for celebration: Fraser Institute

Today is Tax Freedom Day (TFD), the day Canadians have finally earned enough money to pay all the taxes they owe to all levels of government for the whole year, according to the Fraser Institute ’s annual calculations.