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Economy, Law & Politics

B.C. adds 1,400 jobs in May amid wild swings in some sectors

B.C. adds 1,400 jobs in May amid wild swings in some sectors

Unemployment rate remains unchanged at five per cent
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Who’s Suing Whom: June 9, 2023

Who’s Suing Whom: June 9, 2023

The latest from the B.C. Supreme Court
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PayByPhone adds service charge after parent company scores massive federal subsidy

PayByPhone adds service charge after parent company scores massive federal subsidy

The parking meter app contractor, owned by a subsidiary of auto giant Volkswagen, will now charge customers in Vancouver, Burnaby, White Rock and Whistler for text message reminders
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Rate hike prompted by higher risk of sticky inflation: BoC's Beaudry

Rate hike prompted by higher risk of sticky inflation: BoC's Beaudry

The central bank's key interest rate now sits at 4.75 per cent, the highest it’s been since 2001
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Why insured losses from wildfires might still be manageable this year

Why insured losses from wildfires might still be manageable this year

DBRS Morningstar expects that despite costs being manageable, there will be pressure to raise insurance prices
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Plea bargain reached in deadly restaurant shooting that targeted alleged money launderers

Plea bargain reached in deadly restaurant shooting that targeted alleged money launderers

Two men connected to the underground Richmond bank busted for laundering hundreds of millions of dollars through casinos were shot in 2020
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Founding the largest Asian grocery chain in Canada

Founding the largest Asian grocery chain in Canada

T&T founder Cindy Lee aims to inspire other immigrant entrepreneurs with autobiography
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B.C. mortgage holders brace for higher payments for longer period

B.C. mortgage holders brace for higher payments for longer period

People will need to reconsider spending and businesses will likewise need to rethink loans to make further investments, says one B.C. economist
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Who’s Suing Whom: June 8, 2023

Who’s Suing Whom: June 8, 2023

The latest from the B.C. Supreme Court
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What to know about the latest interest rate increase from the Bank of Canada

What to know about the latest interest rate increase from the Bank of Canada

Home buyers will face higher rates on mortgages, as will homeowners who have variable-rate mortgages and those with fixed-rate mortgages up for renewal
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