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Economy, Law & Politics

Government conceals real-estate portfolio up for sale

Government conceals real-estate portfolio up for sale

The B.C. government has disclosed what property assets it won't sell, but the real-estate portfolio that it does want to put on the block remains a secret.
Consumer confidence jumps up in May

Consumer confidence jumps up in May

Canadians’ consumer confidence jumped up in May, according to a TNS survey released this morning. The index registered 98.8 in May, up from 95.4 in April.
Few business gains forecast in return-to-PST bill

Few business gains forecast in return-to-PST bill

Minor administrative changes to tax will allow online filing and synched remittance timing for PST and GST, but business leaders say small improvements won’t offset drawbacks

Insider trading

The following is a list of the largest stock trades made by corporate executives, directors and other company insiders of B.C.’s public companies filed by the week ending May 9. The information comes from a compilation of required reports filed with the BC Securities Commission.
Hedge funds: good for investors, not so good for CEOs

Hedge funds: good for investors, not so good for CEOs

“Vulture” hedge funds are rescuing floundering North American corporations, but jettisoning executives in the bargain
Industry irked over Liberals’ push for liquor privatization

Industry irked over Liberals’ push for liquor privatization

Local producers say Alberta’s privatized system is more expensive for them than B.C.’s
Cossette sued over travel site upgrade

Cossette sued over travel site upgrade

A Vancouver-based travel company is suing Cossette Communication Inc., alleging that the advertiser botched a website upgrade.
B.C. pension fund invested in defence, oil, tobacco

B.C. pension fund invested in defence, oil, tobacco

The pension fund that underwrites retirement for B.C.'s firefighters, police officers and public workers is heavily invested in the oilsands, mining companies, defence contractors and big tobacco.

Volatility playing a discordant loonie tune

Another chapter in the Eurozone crisis and another major swing in the value of the Canadian dollar.
B.C. inflation lags Canadian average

B.C. inflation lags Canadian average

Prices for consumer goods in April rose 1.6% in B.C. and 2% nationally compared with the same month in 2011, according to Statistics Canada data released Friday.