Economy, Law & Politics

The new Surrey City Hall may actually cost nearly $150 million after it’s all paid off – but that doesn’t mean the city is over budget.

For the second month in a row, British Columbia recorded no year-over-year inflation in January, announced Statistics Canada February 21, while across Canada, consumer prices increased 1.5% over the same period.

The work to build a new roof on BC Place Stadium was already behind when the French company hired to supply support cables began work in July 2010, the British Columbia Supreme Court heard earlier this week.

The Canadian Olympic Committee is suing VF Outdoor (Canada) Inc., doing business as The North Face, for allegedly passing itself off as a sponsor of the Canadian Olympic team with a line of clothing featuring references to the 2014 Winter Olympic Games in Sochi.

The British Columbia government will increase Medical Services Plan (MSP) premiums by 4% in January for the sixth consecutive year while it continues to hold health spending growth to about 2%.

British Columbia's business community is giving the provincial government top marks for tabling a balanced budget, but would like to see more action on skills training and B.C.'s "antiquated" provincial sales tax (PST).

"The budget in one or two words? I came up with three — a triple-b budget — boring, balanced budget. But we're one of only two provinces in Canada that can boast that happy state of boring."

While B.C. companies grapple with exchange rate volatility, purchasing power parity rankings chart a steadier course for the Canadian dollar’s valuation in the global marketplace

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

Forestry, energy, tourism could benefit; retailers, consumers brace for higher costs