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Economy, Law & Politics

July’s increase ends housing-sales slump

July’s increase ends housing-sales slump

B.C. ended a six-month slide in Multiple Listing Service (MLS) home sales in July but activity remained low as mortgage stress tests, higher interest rates and provincial policy continued to weigh.

Infographic: Types of trading styles

How do position trading, swing trading, day trading and scalp trading differ? This infographic looks at four different types of trading styles. Courtesy of: Visual Capitalist
B.C. employment nudges up in July

B.C. employment nudges up in July

Employment growth in B.C. improved in July but continued to underwhelm, according to the latest Labour Force Survey results. Arresting a downward trend observed since the beginning of the year, July employment rose 0.5% (11,200 persons) to 2.
BMO ‘net bullish’ on B.C. economy despite signs of slowdown: CEO

BMO ‘net bullish’ on B.C. economy despite signs of slowdown: CEO

Darryl White says BMO is comfortable with slowing state of local housing market
Supreme court dismisses Burnaby’s Trans Mountain pipeline appeal

Supreme court dismisses Burnaby’s Trans Mountain pipeline appeal

The Supreme Court of Canada has dismissed an application from the City of Burnaby for leave to appeal a National Energy Board (NEB) decision that exempted Trans Mountain Pipeline ULC from compliance with city bylaws for construction at the Burnaby te
Canada's new tourism minister to 'defend interests' at cabinet retreat

Canada's new tourism minister to 'defend interests' at cabinet retreat

In her new role, Mélanie Joly is keen to position the industry as an economic driver that shouldn't be taken for granted
B.C. has country’s biggest drop in retail sales in June: StatsCan

B.C. has country’s biggest drop in retail sales in June: StatsCan

British Columbia's retail sales fell 1.8% in June to $3.3 billion, which is a decrease of $72 million compared with the previous month, according to Statistics Canada data released August 22.
B.C. economic growth to slow over next four years: Central 1

B.C. economic growth to slow over next four years: Central 1

British Columbia has seen annual economic growth of more than 3.5% over the past four years, but this is expected to slow down and remain slower until at least 2021, according to a Central 1 economic forecast released August 22.
Lawsuit of the week: Trio of junior hockey leagues challenge B.C. Amateur Hockey Association’s ‘discriminatory’ full face shield requirement in court

Lawsuit of the week: Trio of junior hockey leagues challenge B.C. Amateur Hockey Association’s ‘discriminatory’ full face shield requirement in court

Three junior hockey leagues are taking the B.C. Amateur Hockey Association to court to overturn a decision making full face shield helmets mandatory in the 2018-19 hockey season.
B.C. inflation hits 3.3%, topping Canadian average in July: StatsCan

B.C. inflation hits 3.3%, topping Canadian average in July: StatsCan

Inflation rate jumped to 3% across Canada in July, according to Statistics Canada data