Skip to content
Join our Newsletter

Economy, Law & Politics

B.C. Securities Commission finds $13M in fraud by crypto trading platform

B.C. Securities Commission finds $13M in fraud by crypto trading platform

A panel of the British Columbia Securities Commission has found a cryptocurrency trading platform and its owner lied to customers and diverted about $13 million in assets to gambling and personal accounts.
Former CFO suing RBC for $49 million in wrongful dismissal claim

Former CFO suing RBC for $49 million in wrongful dismissal claim

TORONTO — The former chief financial officer for Royal Bank of Canada is suing the bank for almost $50 million over claims of wrongful dismissal.
Kelowna sees first unemployment increase in July since 2016

Kelowna sees first unemployment increase in July since 2016

Kelowna's unemployment rate has risen to 4.4 per cent
Wall Street ends a wild and scary week almost exactly where it began. More tests loom next week

Wall Street ends a wild and scary week almost exactly where it began. More tests loom next week

NEW YORK (AP) — After a manic week that began with Japanese stocks falling to their worst loss since 1987's Black Monday , only for U.S.
S&P/TSX composite up Friday, U.S. stock markets also rise to end volatile week

S&P/TSX composite up Friday, U.S. stock markets also rise to end volatile week

TORONTO — Canada's main stock index moved higher Friday, helped by gains in base metal stocks, while U.S. stock markets also rose moderately, marking the end of a volatile trading week. The S&P/TSX composite index closed up 85.
Poilievre calls for tariffs on Chinese EVs, Liberals imply they're already coming

Poilievre calls for tariffs on Chinese EVs, Liberals imply they're already coming

OTTAWA — A future Conservative government would slap massive import tariffs on Chinese-made electric vehicles and a host of other products in a bid to protect Canadian jobs, Leader Pierre Poilievre said Friday.
Students, recent immigrants hit hard by weakening job market, StatCan data suggests

Students, recent immigrants hit hard by weakening job market, StatCan data suggests

OTTAWA — Students who have been hunting for a summer job and recent immigrants looking for work have felt the brunt of the country's weakening labour market, Statistics Canada's latest employment report shows.
Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%

Wall Street rallies to its best day since 2022 on encouraging unemployment data; S&P 500 jumps 2.3%

NEW YORK (AP) — U.S. stocks rallied Thursday in Wall Street’s latest sharp swerve after a better-than-expected report on unemployment eased worries about the slowing economy . The S&P 500 jumped 2.
Bank of Canada names experts to assess its internal review of pandemic policy actions

Bank of Canada names experts to assess its internal review of pandemic policy actions

OTTAWA — The Bank of Canada has named three experts that will assess its internal review of the central bank's policy response to the COVID-19 pandemic. The experts are Pablo Hernández de Cos, former governor of the Bank of Spain, Kristin J.
Can't stomach the wild volatility in the market? Consider these hedging options

Can't stomach the wild volatility in the market? Consider these hedging options

It’s always good to buy insurance before you need it, as some investors might be realizing these days.