Economy, Law & Politics

A higher proportion of British Columbians over the age of 55 are carrying debts in excess of $50,000 when compared with their younger counterparts, according to the results of a Sands and Associates consumer debt study released January 20.

The City of Vancouver is downplaying Bixi's role in a planned bike share system after the City of Montreal announced on January 20 that the company would file for bankruptcy.

British Columbians who have more than $1 million in investable assets believe they will need twice as much money to lead a comfortable retirement than British Columbians who have less than $1 million, according to a BMO Harris Private Banking study released January 17.

The British Columbia Securities Commission (BCSC) has fined Victoria broker Carolann Steinhoff $100,000 plus $20,000 in costs and the return of $6,813 in commissions because it ruled she made recommendations to a Victoria couple that were not suitable for the couple’s investment objectives.

The B.C. Supreme Court has halted the attempted eviction of six community centre associations by the Vancouver Park Board.

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Owners of a mobile home park are suing a lawyer and realtor who helped them buy their Kamloops property over what they claim was due diligence negligence.

Should Vancouver and other municipalities in the region ever decide to follow New Westminster's lead and adopt a living wage policy, it might benefit some low-income workers at the expense of others, a new study by the Fraser Institute concludes.

The following is a list of the largest stock trades made by corporate executives, directors and other company insiders of B.C.’s public companies filed by the week ending January 8. The information comes from a compilation of required reports filed with the BC Securities Commission obtained from DisclosureNet.com.

A recent U.S. district court ruling is exciting B.C. business advocates because they believe it will provide Canadian travellers with more protections should they run afoul of expedited-removal laws.