Economy, Law & Politics

Dearth of head offices in the province drags down compensation for company legal teams

For a while now, Bank of Canada governor Mark Carney has been nudging corporate Canada to do more to boost the country’s economy. The latest rhe-torical push reportedly came last week after a speech to the Canadian Auto Workers Union suggesting executives are playing it too safe by keeping billions in cash in reserve as they wait for a clearer direction of the global economy and an end to the European debt crisis.

Richmond-based West Bay Boating Club has filed suit in BC Supreme Court, alleging that two purported owners of a marina facility fraudulently induced the club into a lease and then unlawfully towed five of the plaintiff’s vessels.

Women entrepreneurship in B.C. continues to grow.

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 August 15. The information comes from a compilation of required reports filed with the BC Securities Commission.

Vancouver-based market research company Vision Critical has landed a $20 million investment from Omers Ventures, the venture capital investment arm of pension fund Omers-one.

In wake of ICBC boss' sudden departure, experts say fear of government interference is a barrier to finding – and retaining – top talent for civil service leadership roles

Federal government belt-tightening will hurt Canada's real GDP growth in 2013, according to a new CIBC report. The bank took issue with a Bank of Canada forecast that the federal government would boost the national GDP next year.

Premier Christy Clark is planning to promote B.C. at the World Economic Forum (WEC) annual meeting of new champions on September 11 in Tianjin, China.

While nationwide numbers grew slowly, B.C. had the highest average consumer debt – excluding mortgages – in the nation at $37,433 in 2012's first quarter, according to TransUnion Canada's quarterly analysis of Canadian credit trends.