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Economy, Law & Politics

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 April 19. The information comes from a compilation of required reports filed with the BC Securities Commission.
Province cracks down on metal theft

Province cracks down on metal theft

New regulations scheduled to come into effect July 23 aimed at deterring theft of copper wire and other high-value metals
B.C. helps Canada to best two-month job gain since 1981

B.C. helps Canada to best two-month job gain since 1981

British Columbia created 19,700 jobs in April, helping Canada post its best two-month employment gain since 1981, according to numbers Statistics Canada released May 11.
Grey Area: Ill-prepared seniors left to fend for themselves

Grey Area: Ill-prepared seniors left to fend for themselves

A complex network of seniors care options has left the vulnerable elderly and their families fending for themselves, according to a seniors care expert. B.C.
Courts sentence tax evasion teacher

Courts sentence tax evasion teacher

The BC Supreme Court has sentenced Chilliwack resident Russell Anthony Porisky to four-and-a-half years in jail and fined him $274,815 for one count of counselling others to evade taxes and two counts of tax evasion, the Canada Revenue Agency (CRA) h
Insurer cries foul in Cranbrook procurement deal

Insurer cries foul in Cranbrook procurement deal

Calgary-based Sovereign General Insurance Co. is alleging that the City of Cranbrook has “unlawfully interfered in economic relations” by including an exclusion clause in tender documents for a wastewater treatment facility.
Grey Area: B.C. Ombudsperson reappointed after seniors care probe

Grey Area: B.C. Ombudsperson reappointed after seniors care probe

B.C. Ombudsperson Kim Carter has raised serious questions about the government’s handling of seniors care throughout the province – and the Liberals want her back for a second term.
Craigslist-advertised film investment scheme draws BCSC fire

Craigslist-advertised film investment scheme draws BCSC fire

After an undercover investigation, the British Columbia Securities Commission (BCSC) is alleging that a B.C. man broke securities laws while promoting feature film company Velocity Entertainment Inc. on Craigslist .
European uncertainty pummels gold prices

European uncertainty pummels gold prices

Uncertainty in Europe following last weekend’s elections in France and Greece pushed prices for gold futures contracts to a four-month low of US$1,595.50 per ounce before they rose slightly to close at US$1,604.50 on May 8.

Recovery on the rise for much of B.C.’s tech sector

For many of B.C.’s key technology sectors, 2011 was a strong recovery year.