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Economy, Law & Politics

Alleged ship loading gaffe triggers US$1.3 million suit

Calgary-based Canada Malting Co. Ltd. (CMC) has launched a lawsuit against Kinder Morgan Canada Terminals Ltd. Partnership (KMCT), alleging that it has suffered losses due to a loading error at the defendant’s North Vancouver terminal.
Franchisee sues Salad Loop Group

Franchisee sues Salad Loop Group

A franchisee has filed suit in the BC Supreme Court against North Vancouver-based Salad Loop Group Investment Inc. , the franchisor of Salad Loop salad shops. Vancouver-based SCH Enterprise Ltd.
Most Canadians will use tax refund to pay off debt, invest: BMO

Most Canadians will use tax refund to pay off debt, invest: BMO

With the April 30 income tax deadline passed, BMO Financial Group has announced the results of a study that indicates that more than half of Canadians who will get a refund this year will invest the money or use it to reduce household debt.
Burnaby couple accused of running Ponzi scheme

Burnaby couple accused of running Ponzi scheme

A Burnaby husband and wife have been temporarily banned from trading securities in a company alleged to be part of a Ponzi scheme. The BC Securities Commission has ordered Yan Zhu (a.k.
High-flying billionaire Richard Branson heads to Vancouver

High-flying billionaire Richard Branson heads to Vancouver

Sir Richard Branson , the thrill-seeking billionaire founder of Virgin Records , will be in Vancouver later this month to kick off his airline’s inaugural Vancouver-to-London flight.
B.C. government puts workplace bullies on notice

B.C. government puts workplace bullies on notice

Employers in B.C. will be required to implement formal plans to prevent workplace bullying, violence and harassment under new legislation announced Wednesday by the B.C. government.
Call for government to police conduct of Canadian firms abroad

Call for government to police conduct of Canadian firms abroad

The government should oversee the international conduct of Canadian companies to ensure their practices are responsible and transparent, according to a Canadian Chamber of Commerce (CCOC) report released Wednesday.
Minimum wage goes up to $10.25

Minimum wage goes up to $10.25

B.C. employers started paying higher minimum wages as of yesterday. The mandatory minimum wage went up Tuesday to $10.25 per hour, putting it on par with Ontario.
Debtor sues collection agency over alleged harassment

Debtor sues collection agency over alleged harassment

Graham Kosakoski is suing A.R.C. Accounts Recovery Corp. (ARC) for $500,000 in punitive damages for allegedly making false representations continuing to contact Kosakoski's mother and causing her stress despite Kosakoski's repeated requests for the collection agency to contact him directly.
BMO predicts 60,000 new jobs for Vancouver

BMO predicts 60,000 new jobs for Vancouver

Vancouver can expect to see 60,000 new jobs created over the next four years, despite some indicators of economic cooling, according to a new BMO Financial Group report. Vancouver’s economy outperformed the rest of B.C.