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Economy, Law & Politics

British Columbians are spending more on retail goods while inflation remains low

British Columbians are spending more on retail goods while inflation remains low

B.C inflation remains well below the Canadian average while the province had some of the country’s highest growth in retail sales, according to two separate economic reports released by Statistics Canada August 22.
Average Canadian household net worth grew significantly in recent years relative to U.S. levels

Average Canadian household net worth grew significantly in recent years relative to U.S. levels

The household net worth per capita in Canada has increased substantially in the last seven years relative to levels seen in the United States, according to a new Statistics Canada study.
Mayor Gregor Robertson’s support strongest among women, young people: survey

Mayor Gregor Robertson’s support strongest among women, young people: survey

Vancouver residents think the city’s current municipal government has done a good job on tourism and the environment, but city hall got low marks when it came to homelessness and being transparent about decisions.
B.C. wholesale trade dips slightly in June

B.C. wholesale trade dips slightly in June

British Columbia saw a drop in wholesale sales in June after three consecutive monthly gains, Statistics Canada announced August 20.
Consultants claim Coastal Contacts cut them out of multimillion-dollar deal

Consultants claim Coastal Contacts cut them out of multimillion-dollar deal

Kovacevic Consult Inc., John Kovacevic, Paolo Venturi and Tommaso Ferrari are suing Coastal Contacts Inc. for allegedly bailing on a consulting agreement before Coastal raised $430 million from a European eyewear firm with their help.
Vancouver is North America’s most livable city, third worldwide: Economist

Vancouver is North America’s most livable city, third worldwide: Economist

The Economist has released its annual ranking of the world’s most livable cities and although Vancouver hasn’t topped the list since 2011, the city is still considered one of the best places in the world in which to live.
Russia's retaliatory food ban threatens to hurt B.C. producers

Russia's retaliatory food ban threatens to hurt B.C. producers

Pork farms face fallout from political dispute
Teen founders of non-profit organization take charge amid weak employment outlook

Teen founders of non-profit organization take charge amid weak employment outlook

Secondary school students get head start on the wider world by launching a charity

Export recovery for B.C. gathers steam in June

BC's export recovery continued in June as export sales posted a fourth increase in five months. International exports jumped more than 5% from May and 23% from a year ago in June to a seasonally adjusted $3.25 billion. This was the highest monthly sales figure since the mid-2000s with growth primarily reflecting stronger physical shipments, rather than higher prices. The key monthly export drivers were energy, mining and various manufactured and consumer goods.
B.C. sees drop in unemployment rate in July after StatsCan revises jobs numbers

B.C. sees drop in unemployment rate in July after StatsCan revises jobs numbers

The unemployment rate in British Columbia has slipped down to 5.9% in July from 6.2% in June, according to revised Statistics Canada data released August 15.