Economy, Law & Politics

Greece's future ever more grim

US$8.6 billion project fuels political stability and speedier transit times

Canada’s GDP shrank 0.2% in May — the fifth straight month the economy has contracted.

Average weekly earnings for non-farm employees in Canada grew 1.4% to $948 in May — the lowest level of growth since October 2013.

Despite declines in mergers and acquisitions (M&) throughout Canada for the fourth consecutive quarter, B.C. managed to buck the trend in Q2 and even boost the dollar value of deals taking place in the province.

The impact of declining oil prices in the last quarter of 2014 is starting to manifest itself in consumers across Alberta and Saskatchewan, according to a new study by American credit reporting service TransUnion.

The following is a list of stock trades made by corporate executives, directors and other company insiders of B.C.’s public companies filed the week ending July 22. The information comes from a compilation of required reports filed with the BC Securities Commission obtained from DisclosureNet.com.

The Bank of Canada’s recent decision to trim its short-term policy interest rate by another 25 basis points – taking it to a near record low level of 0.

Against the backdrop of a choppy and risk-prone global economy and slowing growth in Canada, B.C. is poised to be atop the provincial growth rankings this year. The international economic picture has deteriorated since late 2014.

Vancouver’s manager of planning and development Brian Jackson announced July 26 he will retire by the end of the year