Economy, Law & Politics

One of the poorest quarters for initial public offering (IPO) activity in recent history has left the outlook for the rest of 2012 uncertain, according to a PwC survey.

B.C. residents’ average weekly pre-tax earnings were up 3.2% year over year in January to $859.54, according to a Statistics Canada report released Friday. However, although B.C.

The Vancouver Board of Trade has given the government top marks for its just-released budget, giving it an “A” grade overall.

Low-income Vancouverites facing eviction due to an inability to pay their rent will soon be able to get a loan from a new rent bank.

Other 2012 federal budget highlights announced today include the following: The age of eligibility for Canadians to receive their old-age security pension has been increased to 67, from 65, starting in 2023.

The federal government’s just-announced budget will eliminate the penny, arguing that the coin has become an economic burden to the country and a nuisance to consumers. The government currently spends 1.

The provincial government is pitching Bill 32, the Energy and Water Efficiency Act, as a way to lower B.C. businesses’ operating costs. The bill, which was introduced Wednesday, replaces the Energy Efficiency Act.

Corporate Canada is in better shape than it was before the recession and posting the strongest corporate performance since at least 1990, according to a CIBC World Markets Inc. report .

Langley-based First West Credit Union has announced asset growth of 7.4% to $4.74 billion in 2011. First West, B.C.

Hal (Mick) McLeod , mastermind of the multimillion-dollar Manna Ponzi scheme, was arrested earlier this month by the BC Securities Commission (BCSC), which is issuing a warning against giving McLeod money.