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Economy, Law & Politics

Overnight rate target to remain at 1%: Bank of Canada

Overnight rate target to remain at 1%: Bank of Canada

The overnight rate target will remain at 1%, the Bank of Canada announced this morning, keeping the interest rate at the same level it has been since September 2010.

Attendance at Lower Mainland consumer shows jumps 20%

The Lower Mainland's largest trade and consumer shows continue to attract big crowds.
Business confidence wanes as economic recovery remains elusive

Business confidence wanes as economic recovery remains elusive

A crisis of confidence continues to linger half a decade after the global financial crisis began.
Group alleges Food Network stole its program idea

Group alleges Food Network stole its program idea

A group of Vancouver-area residents and one business are suing Food Network Canada Inc., Cineflix Media Inc./Media Cineflix Inc., 4512812 Canada Inc. and Glen Salzman for allegedly misappropriating the concept behind a television program, which is currently airing on the Food Network.
B.C. home to Canada’s “savviest” investors

B.C. home to Canada’s “savviest” investors

British Columbians are the “savviest” investors in the country, according to the results of a BMO survey released this weekend.
B.C. gains clout in federal cabinet shuffle

B.C. gains clout in federal cabinet shuffle

Prime Minister Stephen Harper named B.C.'s regional minister, James Moore, as Canada's minister of industry as part of a cabinet shuffle July 15.
Exports, recovering housing market to drive growth in 2014

Exports, recovering housing market to drive growth in 2014

Economic growth across Canada is expected to remain “subdued” in 2013, but B.C. and other resource provinces can expect stronger growth in key economic areas such as housing and exports, in 2014, a new TD Economics report predicts.
Union Street residents and businesses push alternatives to bike lane

Union Street residents and businesses push alternatives to bike lane

A coalition of businesses and residents in Vancouver’s Chinatown neighbourhood who are protesting upgrades to a bike route have put forward their suggestions for alternatives via a new website.
BC Export Awards puts out call for nominations

BC Export Awards puts out call for nominations

The call has gone out for nominations for the 2013 BC Exports Awards.
B.C. banking on 2014 economic breakthrough

B.C. banking on 2014 economic breakthrough

The B.C. economy has improved significantly thus far in 2013.