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Economy, Law & Politics

Analysis: ICBC execs say no-fault system better for Lapu-Lapu festival victims

Analysis: ICBC execs say no-fault system better for Lapu-Lapu festival victims

Fifty people are claiming benefits from last month’s tragedy, raising questions on how a new insurance model will work for victims
Stocks surge on U.S.-China trade truce, while gold plummets

Stocks surge on U.S.-China trade truce, while gold plummets

News of a 90-day truce in the U.S.-China trade war propelled markets higher on Monday, with the surge more pronounced south of the border than in Canada The S&P/TSX composite index was up 174.44 points at 25,532.18.
Dow leaps 1,100 points and S&P 500 rallies 3.3% following a 90-day truce in the US-China trade war

Dow leaps 1,100 points and S&P 500 rallies 3.3% following a 90-day truce in the US-China trade war

NEW YORK (AP) — Stocks rallied Monday after China and the United States announced a 90-day truce in their trade war .
B.C. investment advisor ‘misappropriated’ $6M from elderly, disabled clients

B.C.  investment advisor ‘misappropriated’ $6M from elderly, disabled clients

Michael Rowland Tomkins faces civil allegations of fraud from an elderly Nanaimo couple who say their retirement funds disappeared
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: HBC Hudson's Bay is expected to return to court Tuesday to seek permission to extend its creditor protection, currently in place until May 15, to July 31.
US and China take a step back from sky-high tariffs, agree to pause for 90 days

US and China take a step back from sky-high tariffs, agree to pause for 90 days

GENEVA (AP) — U.S. and Chinese officials said Monday they had reached a deal to roll back most of their recent tariffs and call a 90-day truce in their trade war for more talks on resolving their trade disputes.
BCGEU accuses Vancity of shifting values, betraying credit union roots

BCGEU accuses Vancity of shifting values, betraying credit union roots

'Fair' compensation and a pension plan co-managed by worker trustees is at core of contract talks now in mediation
First Nation claims win against Mount Polley mine ahead of review

First Nation claims win against Mount Polley mine ahead of review

Xatśūll First Nation seeks a judicial review of the provincial government's recent decision to allow the Mount Polley tailings dam to increase by four metres
Prime Minister Mark Carney to unveil his new cabinet on Tuesday

Prime Minister Mark Carney to unveil his new cabinet on Tuesday

Prime Minister Mark Carney is set to unveil his new cabinet at Rideau Hall on Tuesday — and it's expected to be a slimmed-down front bench meant to signal a more businesses-minded approach to government.
Telecom and energy sectors help lift S&P/TSX composite, U.S. markets mixed

Telecom and energy sectors help lift S&P/TSX composite, U.S. markets mixed

TORONTO — The trading week wound to a close with the Canadian market on an upbeat but cautious swing.