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Economy, Law & Politics

Canadian companies are losing out by not using Chinese currency when trading with China

Canadian companies are losing out by not using Chinese currency when trading with China

Trade between Canada and China grew 57% between 2007 and 2012, but Canadian companies are still not using Renminbi (RMB) (also known as yuan) when conducting these transactions – to their detriment – according to HSBC.
B.C. university and high school students using illegal tobacco: study

B.C. university and high school students using illegal tobacco: study

The use of illegal tobacco at high schools and post-secondary institutions in British Columbia has been found to be as high as more than 50% at some locations, according to a report released July 9th.
B.C. investors increasingly optimistic, but remain less positive than Canadian average

B.C. investors increasingly optimistic, but remain less positive than Canadian average

As stock markets rise, Canadian investors are expressing increasing economic optimism, and British Columbians are no exception.
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.