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Economy, Law & Politics

Transition back to PST

Transition back to PST

Home renovations, business inputs just a few of the unknowns in tax reversion

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 February 16. The information comes from a compilation of required reports filed with the BC Securities Commission.
Victoria appoints corporate board to boost economy

Victoria appoints corporate board to boost economy

Premier Christy Clark has appointed 17 corporate leaders to a board that will foster economic development in the province. The B.C.
2012 to be demanding for Canadian banks: PwC

2012 to be demanding for Canadian banks: PwC

While Canadian banks continue to be the envy of the world, they’ll face the challenges of regulatory demands and a fragile global economy, according to a PwC report released Monday.
Vancouver council considers $1.1b budget

Vancouver council considers $1.1b budget

The City of Vancouver council is to consider a staff report Tuesday that recommends a balanced $1.1 billion budget for the 2012-13 fiscal year.
Canadian CEOs keen on M despite uncertain economy: PwC

Canadian CEOs keen on M despite uncertain economy: PwC

An uncertain economy is not stopping Canadian CEOs from using mergers and acquisitions (M&As) as a key growth strategy, as their desire to expand into foreign markets increases.
Canadian corporations increase profits in fourth quarter: StatsCan

Canadian corporations increase profits in fourth quarter: StatsCan

According to Statistics Canada , operating profits for Canadian corporations were up 9% to $71.4 billion in the fourth quarter of 2011 over the previous quarter. This marks the highest level of profits since the economic downturn in late 2008.
Methanex sells $250 million in corporate notes

Methanex sells $250 million in corporate notes

Vancouver-based methanol supply giant Methanex Corp. (TSX:MX) announced February 21 that it would issue US$250 million in senior unsecured notes with a 10-year maturity and use the proceeds to pay down debt.
B.C. budget gets a “B” grade: Vancouver Board of Trade

B.C. budget gets a “B” grade: Vancouver Board of Trade

The Vancouver Board of Trade has given the provincial budget a “B” grade. “While we appreciate the consultation and analysis under way, clarity around the future sales tax regime in B.C.
China set for a “hard landing,” expert warns

China set for a “hard landing,” expert warns

Slowing global growth threatens to heighten downside risks in commodities; timing of government cutbacks key to protecting economy