Economy, Law & Politics

Consumer debt levels in Vancouver jumped by more than 7% at the end of 2013's fourth quarter when compared with the same period one year ago, making it the only major city not to see a decrease.

The multimillion-dollar lawsuit surrounding BC Place Stadium's retractable roof has been settled out of court.

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 February 19. The information comes from a compilation of required reports filed with the BC Securities Commission obtained from DisclosureNet.com.

Contractor Kiewit/Flatiron GP is suing DEAL S.r.l., McNary Bergeron & Associates LLC, Sani Engineering Ltd., International Bridge Technologies Canada Inc., International Bridge Technologies Inc. and T.Y. Lin International Group Ltd. over an incident that saw a section of the new Port Mann Bridge crash into the Fraser River during construction in February 2012.

Families in British Columbia have the highest median net worth in Canada, Statistics Canada announced February 25.

Past prime ministers of Australia, Greece and Israel are joining a list of business and government leaders at the Surrey Regional Economic Summit this Thursday, February 27.

Municipal elections will be held every four years instead of three years under legislation the British Columbia government plans to introduce this spring.

When it comes to the engine powering future economic growth in Canada, prepare for a fuel switch: the indebted Canadian consumer is tapped out and will have to be replaced by an increase in exports, especially to emerging markets in Asia.

Venture capital migrating from resources to technology as commodity market slumps

Middle class Canadians are increasingly indebted, have seen their wages stagnate and are unlikely to move into higher income brackets, a report by Employment and Social Development Canada (ESDC) has found.