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Economy, Law & Politics

Family-owned home supply store claims Home Hardware conspired with lenders to force sale or liquidation

Family-owned home supply store claims Home Hardware conspired with lenders to force sale or liquidation

R. Home Supply Centre Ltd. and Rock and Angela Petrick are suing Home Hardware Stores Ltd. and the Bank of Nova Scotia for conspiracy, interference and breach of contract after Home Hardware allegedly detrimentally interfered with lenders and suppliers to weaken the plaintiffs in order to force them to sell or liquidate their store.
Mayor files stern response to lawsuit over HootSuite lease

Mayor files stern response to lawsuit over HootSuite lease

Mayor Gregor Robertson has filed an official legal response in the British Columbia Supreme Court March 10 to a petition alleging a conflict of interest over the lease of a civic building to Vancouver's HootSuite.
Surrey's Newton Town Centre to form BIA

Surrey's Newton Town Centre to form BIA

Businesses in Surrey's Newton Town Centre area have been given the go-ahead to form a business improvement association (BIA), the City of Surrey announced March 11.

Weak mining outlook stalls 2014 capital investment plans

In a sign that 2014 will be another year of mediocre growth for B.C.’s economy, Statistics Canada’s annual survey of investment intentions for construction, machinery and equipment (capex) points to a slight deceleration in capital investment this year.
Former prime ministers detail impact, lessons learned from 2008 recession

Former prime ministers detail impact, lessons learned from 2008 recession

Trio of international politicians highlights city’s 2014 Surrey Regional Economic Summit Panel discussion
B.C. government hit with another lawsuit over uranium moratorium

B.C. government hit with another lawsuit over uranium moratorium

The British Columbia government is facing another legal challenge over a moratorium on uranium and thorium exploration and mining – something that has already cost provincial taxpayers $30 million.
Study forecasts massive benefits to B.C. economy if shipbuilding industry returns to province

Study forecasts massive benefits to B.C. economy if shipbuilding industry returns to province

A study recently done by the Columbia Institute suggests that outsourcing the construction of BC Ferries' ships to foreign companies is a bad thing for the British Columbia's economy.
Crime is Surrey's biggest concern; housing tops Vancouverites' worries

Crime is Surrey's biggest concern; housing tops Vancouverites' worries

While residents of Vancouver say housing tops their list of concerns, those in Surrey say crime is by far the most pressing issue in their city.
Unemployment rate unchanged in February

Unemployment rate unchanged in February

The unemployment rate in British Columbia remained at 6.4% in February, according to Statistics Canada's latest Labour Force Survey, released March 7.
Legislation lays groundwork for sweeping changes to liquor laws

Legislation lays groundwork for sweeping changes to liquor laws

The provincial government will remove fences around beer gardens at festivals, allow happy hours in bars by summer and permit liquor sales in grocery stores next year.