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Economy, Law & Politics

Canada Post's $109m downtown building sale boosts Q1 financials

Canada Post's $109m downtown building sale boosts Q1 financials

Thanks to the $109 million sale of its downtown Vancouver mail processing plant, the Canada Post Group of Companies posted a $51 million pre-tax profit in 2013's first quarter, the company announced this morning.
Trudeau and Mulcair to speak at municipalities conference this weekend

Trudeau and Mulcair to speak at municipalities conference this weekend

Nearly 2,000 politicians from across Canada will converge on the Vancouver Convention Centre later this week for the annual Federation of Canadian Municipalities (FCM) conference.
Central 1 Credit Union posts $20m Q1 profit, down 35%

Central 1 Credit Union posts $20m Q1 profit, down 35%

Although it posted a $20 million 2013 first-quarter profit, Central 1 Credit Union is down 35% from its $31 million in 2012’s first quarter.

Insider trading

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 May 22. The information comes from a compilation of required reports filed with the BC Securities Commission.
Prince Rupert takes top prize at 2013 BC Chamber of Commerce AGM

Prince Rupert takes top prize at 2013 BC Chamber of Commerce AGM

As part of its annual general meeting and conference held last weekend in Nanaimo, the BC Chamber of Commerce awarded local chambers from across the province with its Chamber of the Year Award.

Don’t get burned in the insurance game – know your policy exclusions

Don’t settle, defend, respond to the claim, put in a proof of loss or meet with the adjuster until you have a good understanding of what the potential coverage issues may be
Majority of Canadians have yet to embrace online investing

Majority of Canadians have yet to embrace online investing

Cyberspace remains the final frontier for many Canadian investors.
B.C. records drop in bankruptcies but spike in proposal filings: report

B.C. records drop in bankruptcies but spike in proposal filings: report

B.C. recorded a 4.6% drop in consumer bankruptcies as a method of debt settlement from 2011-12, according to a new report.
Private sector waste haulers irked at Metro’s trash grab plan

Private sector waste haulers irked at Metro’s trash grab plan

But regional district director says garbage flow crackdown is needed to meet aggressive waste stream reduction targets
Delusions of household wealth on the rise in Canada

Delusions of household wealth on the rise in Canada

CGA-Canada study finds Canadians saving too little to build sufficient future wealth