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Economy, Law & Politics

Canadian companies more likely to acquire – rather than be acquired by – foreign-owned firms

Canadian companies more likely to acquire – rather than be acquired by – foreign-owned firms

Canadian firms are more often taking the lead when it comes to mergers and acquisitions with foreign companies, according to investment banker M&A International.
Class claims Navistar trucks were defective

Class claims Navistar trucks were defective

N&C Transportation Ltd. launched a class action against Navistar International Corp., Navistar Inc., Navistar Canada Inc. and Harbour International Trucks Ltd. over alleged defects in the companies’ heavy-duty tractor-trailer trucks.
Tsilhqot'in case is not a template for resolving all First Nations land disputes

Tsilhqot'in case is not a template for resolving all First Nations land disputes

Pursuing a solution through the courts costs as much time and money as staying in the treaty process, experts say
Doug McCallum joins Surrey mayoral race

Doug McCallum joins Surrey mayoral race

The cat is officially out of the bag – former mayor Doug McCallum is once again running for the city’s top spot.
Fewer companies have plans boost workforce within a year: Bank of Canada

Fewer companies have plans boost workforce within a year: Bank of Canada

Despite cautious optimism expressed by firms polled in the Bank of Canada’s latest business outlook survey, companies are not expecting hiring to pick up in the next year.
B.C. businessman accused of using investor’s money on his girlfriend

B.C. businessman accused of using investor’s money on his girlfriend

An ex-mutual fund salesman accused of using a $73,000 investment to cover his girlfriend’s personal expenses is already in the midst of fighting a $100,000 fine imposed on him earlier this year for selling off-book securities.
Consumer Protection BC signs 30-year agreement with provincial government

Consumer Protection BC signs 30-year agreement with provincial government

Consumer Protection BC has renewed its administrative agreement with the Government of British Columbia for another 30 years, the not-for-profit watchdog announced July 4.
B.C. resident committed fraud, raised $11.7m, alleges BCSC

B.C. resident committed fraud, raised $11.7m, alleges BCSC

The British Columbia Securities Commission (BCSC) has issued a notice of hearing alleging that B.C. resident Thomas Arthur Williams committed fraud through a group of companies under his control and raised money illegally.
Now-retired Surrey city manager earned over $300k in 2013

Now-retired Surrey city manager earned over $300k in 2013

Employees of the City of Surrey took home nearly $148 million in 2013 in salaries alone. Clocking in at $147,886,518.16, a total of 805 employees made more than $75,000 per annum in 2013 according to the city’s recent Statement of Financial Information (SOFI) report.
Current and ex-Vancouver mayor clash over future of Granville Island

Current and ex-Vancouver mayor clash over future of Granville Island

The rumour that Canadian Mortgage and Housing Corp. (CMHC) plans to pass operational control over Granville Island to Port Metro Vancouver (PMV) is pitting Vancouver Mayor Gregor Robertson against his predecessor and MLA for the area, Sam Sullivan.