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Economy, Law & Politics

Canadian household debt shows biggest improvement on record: StatsCan

Canadian household debt shows biggest improvement on record: StatsCan

The average Canadian household had $1.68 in debt for every dollar of disposable income at the end of 2018’s first quarter, according to new data from Statistics Canada.
B.C. keeps cashing bigger weekly paycheques

B.C. keeps cashing bigger weekly paycheques

In a sign that a tight labour market is lifting household incomes, average weekly earnings in B.C. jumped 0.4% from February to $962.44 in March, with year-over-year growth holding steady near 3%. Nationally, growth was comparable at 3.
Government rejects 13 Senate amendments to Cannabis Act

Government rejects 13 Senate amendments to Cannabis Act

House of Commons likely to support government’s preferred text and send bill back to Senate for consideration
Vancouver has Canada’s highest average consumer debt: TransUnion

Vancouver has Canada’s highest average consumer debt: TransUnion

But the city has one of the lowest delinquency rates in the country
B.C. housing taxes hurting the province, former premiers warn

B.C. housing taxes hurting the province, former premiers warn

Mike Harcourt, Saskatchewan's Brad Wall call on BC NDP government to rethink speculation, school levies
Canada stands to lose 6,000 jobs, $8.1b over metal tariffs: study

Canada stands to lose 6,000 jobs, $8.1b over metal tariffs: study

But could the tariffs help other sectors in Canada’s economy?
Data hasn’t borne out Canadian fears of investment losses caused by American tax cuts

Data hasn’t borne out Canadian fears of investment losses caused by American tax cuts

Capital investment changes likely more swayed by oil than by Republican policies: analyst
Insider trading: June 12, 2018

Insider trading: June 12, 2018

The following is a list of stock trades made by corporate executives, directors and other company insiders of B.C.’s public companies filed in the week ended June 6, 2018. The information comes from a compilation of required reports filed with the BC Securities Commission obtained from DisclosureNet.com.
Lawsuit of the week: Treasure hunt company seeks compensation from insurers after mysterious theft of golden eagle statue

Lawsuit of the week: Treasure hunt company seeks compensation from insurers after mysterious theft of golden eagle statue

Forgotten Treasures International Inc. is suing Lloyd’s Underwriters and other insurance companies for denying a claim after thieves allegedly made off with a golden eagle statue encrusted with hundreds of diamonds worth $930,000.
Made in the U.S.A.? It’s going to cost you more

Made in the U.S.A.? It’s going to cost you more

Retaliatory tariffs on American consumer goods would hurt small retailers most