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Economy, Law & Politics

B.C. resident committed fraud, raised $11.7m, alleges BCSC

B.C. resident committed fraud, raised $11.7m, alleges BCSC

The British Columbia Securities Commission (BCSC) has issued a notice of hearing alleging that B.C. resident Thomas Arthur Williams committed fraud through a group of companies under his control and raised money illegally.
Now-retired Surrey city manager earned over $300k in 2013

Now-retired Surrey city manager earned over $300k in 2013

Employees of the City of Surrey took home nearly $148 million in 2013 in salaries alone. Clocking in at $147,886,518.16, a total of 805 employees made more than $75,000 per annum in 2013 according to the city’s recent Statement of Financial Information (SOFI) report.
Current and ex-Vancouver mayor clash over future of Granville Island

Current and ex-Vancouver mayor clash over future of Granville Island

The rumour that Canadian Mortgage and Housing Corp. (CMHC) plans to pass operational control over Granville Island to Port Metro Vancouver (PMV) is pitting Vancouver Mayor Gregor Robertson against his predecessor and MLA for the area, Sam Sullivan.
IPO market rebounds in second quarter

IPO market rebounds in second quarter

The initial public offerings (IPO) market in Canada came back after a weak first quarter, according to PwC’s Canadian equity markets quarterly survey.
Company claims union used confidential database to contact employees

Company claims union used confidential database to contact employees

Wesgar Inc. is suing the International Association of Bridge, Structural, Ornamental and Reinforcing Ironworkers, Shopmen’s Local 712 and an unknown company employee after the union allegedly began contacting Wesgar employees to persuade them to join the union using a confidential database of emergency contact information.
Towers of brand strength

Towers of brand strength

Not all accounting executives are sold on putting corporate names on office towers
PoCo mayor the highest-paid municipal politician on Metro Vancouver board

PoCo mayor the highest-paid municipal politician on Metro Vancouver board

The second and third-highest-paid Metro Vancouver executives in 2013 are no longer with the regional government, according to statements of financial information released June 27.
GDP up for the fourth month in a row

GDP up for the fourth month in a row

Canada’s real gross domestic product was up 0.1% in April to $1.62 billion, Statistics Canada announced June 30.
Province snuffs out bylaw prohibiting medical marijuana production on ALR

Province snuffs out bylaw prohibiting medical marijuana production on ALR

The mayor of the Township of Langley is lamenting the B.C. government’s decision not to support a municipal bylaw banning the production of medical marijuana in the Agricultural Land Reserve (ALR).
British Columbians still earning less than the rest of the country

British Columbians still earning less than the rest of the country

British Columbians earned, on average, $896 per week in April, Statistics Canada announced June 26.