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Economy, Law & Politics

Insider Trading

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 April 30. The information comes from a compilation of required reports filed with the BC Securities Commission obtained from DisclosureNet.com.
Canada Post reports operating loss of $193 million

Canada Post reports operating loss of $193 million

Last year's sale of the downtown Vancouver mail processing plant helped offset losses at Canada Post in 2013, however, the Crown corporation still reports operating losses of $193 million.
Tourism a positive force for growth this year

Tourism a positive force for growth this year

International tourist visits to B.C. slowed in February but the level remained consistent with the range observed in late 2013, with inbound visits reaching a seasonally adjusted 373,875 persons. While this was 2.3% lower than in January, visits were 3.4% higher than a year ago. Moreover, total visits over the first two months of the year were up 6%, pointing to a positive contribution to economic growth from tourism-sector-related activity.
Alberta's allure for young workers equals trouble for B.C. employers

Alberta's allure for young workers equals trouble for B.C. employers

British Columbia has lost significant numbers of its young people to the booming Alberta economy, enough to affect B.C.'s labour market, according to the Business Council of British Columbia (BCBC).
Meet John Horgan, new leader of the BC NDP

Meet John Horgan, new leader of the BC NDP

Juan de Fuca MLA John Horgan took over as leader of the NDP Thursday, and party officials hope to shape his public image before the Liberals beat them to it. Shortly after nominations closed at 5 p.m.
Vancouver city council votes no on Adriane Carr's motion to limit campaign spending

Vancouver city council votes no on Adriane Carr's motion to limit campaign spending

Vancouver election campaigns will continue to be multi-million-dollar events despite an attempt by Green Party Councillor Adriane Carr to have council voluntarily adopt a set of guidelines to get the big money out of civic politics.
Two Vancouver city planners hand in their notices

Two Vancouver city planners hand in their notices

Matt Shillito and Scot Hein — two longtime staff in City of Vancouver’s planning department — have given their notices.
Canadians spending billions to prepare their tax returns: Fraser Institute

Canadians spending billions to prepare their tax returns: Fraser Institute

As Canadians are wrapping up their income tax returns for the year, many are finding it's not just the actual tax bills that are taking a chunk out of their wallets.
The gap between rich and poor is widening in Canada: OECD

The gap between rich and poor is widening in Canada: OECD

The income disparity between wealthy Canadians and the rest of the country has grown significantly, the Organisation for Economic Co-operation and Development (OECD) announced April 30.
Four minimum wage jobs are needed to support a family in Vancouver: Canadian Centre for Policy Alternatives

Four minimum wage jobs are needed to support a family in Vancouver: Canadian Centre for Policy Alternatives

In order to support a family with two children in Vancouver, two parents need to work the equivalent of two minimum wage jobs – each – to meet basic expenses.