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Economy, Law & Politics

Stock market madness and driverless cars

Stock market madness and driverless cars

This week Alibaba was accused of selling counterfeits and Google didn't meet expectations (but that should have been expected)
Westminster Savings and Prospera credit unions call off merger talks

Westminster Savings and Prospera credit unions call off merger talks

Costs to merge cited as a major factor in not pursuing things further
StatsCan revises employment growth downward for 2014

StatsCan revises employment growth downward for 2014

The decline "clearly shows that the labour market failed to make significant headway last year"
The province’s credit unions are growing but keeping niche focus

The province’s credit unions are growing but keeping niche focus

In 1996, there were around 100 credit unions operating in British Columbia. Today, that number is 42.It’s not a sign that the sector is failing, said Chris Catliff, CEO of BlueShore Financial – it’s that credit unions are changing and getting bigger as the trend toward mergers continues.
Strong finish for 2014 housing sales in B.C.

Strong finish for 2014 housing sales in B.C.

BC’s housing market ended on a solid note in 2014 with sales near multi-year highs.
A good time to reduce risk, heed caution and diversify portfolios

A good time to reduce risk, heed caution and diversify portfolios

The economy is walking a tightrope without the usual safety net, namely the ability to lower interest rates and crank up government spending. To reinforce this vulnerability, consider Canada’s circumstances: highly indebted consumers, weak job growth, modest wage increases, heavy dependence on housing and resources and austerity desperately needed in the two biggest provinces.
Canadian dollar’s dive a boon for B.C. tech sector

Canadian dollar’s dive a boon for B.C. tech sector

Companies generating revenue in U.S. dollars ramping up recruitment in Metro Vancouver
Global unrest rising over income inequality’s economic impact

Global unrest rising over income inequality’s economic impact

The top 1% have 65 times the wealth of the poorest half of the world. That imbalance is staggering
Insider trading, Jan. 27, 2015

Insider trading, Jan. 27, 2015

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 January 21. The information comes from a compilation of required reports filed with the BC Securities Commission obtained from DisclosureNet.com.
Loonie to hit 75 cents US in 2016 as Bank of Canada hikes key rate, TD forecasts

Loonie to hit 75 cents US in 2016 as Bank of Canada hikes key rate, TD forecasts

Canadian dollar expected to fall to 75 cents U.S. before slowly climbing back to 85 cents by the end of 2016