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Economy, Law & Politics

Shangri-La development spawns $6 million lawsuit

Shangri-La development spawns $6 million lawsuit

The former landowner of Vancouver's Shangri-La site filed a $6 million lawsuit in the BC Supreme Court May 16 against two insurance companies for not paying the face value of a performance bond, after a contractor allegedly failed to meet obligations
Clark promotes B.C. lumber and clean energy in Korea

Clark promotes B.C. lumber and clean energy in Korea

As part of her jobs and trade mission to Asia, Premier Christy Clark began her first full day in Korea promoting clean energy resources, focusing on B.C.’s biomass sector and highlighting a project that will see B.C.
Vancouver, other cities should help shape foreign investment policy: report

Vancouver, other cities should help shape foreign investment policy: report

Vancouver, along with 10 other major Canadian cities, should have a seat at the table in shaping national policies and strategies to attract inward foreign direct investment (FDI), according to a Conference Board of Canada report released today.
BCSC sanctions men for illegally trading and distributing securities

BCSC sanctions men for illegally trading and distributing securities

The British Columbia Securities Commission (BCSC) panel on May 16 sanctioned two men and two companies for illegally raising money from Canadian and U.S. investors. Daniel Scammell and Casper de Beer must pay the BCSC $1.
U.S., Europe top choices for Canadian business expansion

U.S., Europe top choices for Canadian business expansion

The United States is the most popular market for Canadian business owners looking to expand internationally, according to a new BMO Bank of Montreal report. Europe ranked second, despite ongoing economic and political uncertainty.
B.C.'s CFOs honoured by Business in Vancouver

B.C.'s CFOs honoured by Business in Vancouver

Last night Business in Vancouver celebrated the achievements of financial executives from some of B.C.'s most notable companies at the Fairmont Waterfront Hotel .
Falcon introduces bill to phase out HST

Falcon introduces bill to phase out HST

Finance Minister Kevin Falcon introduced a bill yesterday to phase out the Harmonized Sales Tax (HST) and return a provincial sales tax (PST) to B.C. starting April 1, 2013. Falcon told a media lockup before he introduced the bill that B.C.
NDP blasts liquor privatization process

NDP blasts liquor privatization process

MLA Simpson cites BIV story in his attack on Liberals' RFP process
Alberta's experience: product diversity booms, costs balloon

Alberta's experience: product diversity booms, costs balloon

The company aiming to become B.C.'s main liquor warehouser and distributor was among 20 that vied for the Alberta contract when it was put out to tender in December 1993.

Mall owner sues Safeway for not paying rent

City Square Property Holdings Inc. (CSPH) is suing tenant Canada Safeway for $2.25 million in unpaid lease payments following a dispute over how much the grocery chain has agreed to pay.