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Economy, Law & Politics

Canadians don't expect to be mortgage-free until they are 57 years old

Canadians don't expect to be mortgage-free until they are 57 years old

Canadian homeowners who have mortgages don't believe that they will be mortgage-free until they are, on average, 57 years old, according to a new CIBC survey.
Corporate donations drift to NDP from major Liberal backers

Corporate donations drift to NDP from major Liberal backers

Some of the business community's most significant BC Liberal backers have shifted their donations to the BC NDP ahead of the May provincial election.
Canadian public employees earn 12% more than private-sector workers: Fraser Institute

Canadian public employees earn 12% more than private-sector workers: Fraser Institute

Government workers earn, on average, 12% more than workers in equivalent private-sector jobs, according to a Fraser Institute report released yesterday.
Moody's reconfirms B.C.'s Aaa credit rating

Moody's reconfirms B.C.'s Aaa credit rating

Prominent rating agency Moody's Investors Service reconfirmed B.C.'s Aaa-grade credit rating. B.C. and Alberta are the only two provinces that share that rating, which is Moody's highest.
Jobs down, unemployment up in B.C. and nationwide: StatsCan

Jobs down, unemployment up in B.C. and nationwide: StatsCan

B.C.’s unemployment rate rose 0.7 percentage points to 7.0% in March compared with the previous month, according to Statistics Canada data released this morning.
Global law firm merger helps Dentons Vancouver recruit

Global law firm merger helps Dentons Vancouver recruit

One of Vancouver's larger law firms has a new name and more cachet to lure legal talent as it ramps up hiring following a global mega-merger.
BC Liberal budget hides a $790 million deficit: NDP

BC Liberal budget hides a $790 million deficit: NDP

The B.C. Liberals understated spending growth in their latest budget, and a more “realistic” estimate points to a $790 million deficit this year instead of a $200 million surplus, NDP finance critic Bruce Ralston said today.
Global business leaders to gather for B.C. prosperity summit

Global business leaders to gather for B.C. prosperity summit

Business leaders are set to converge on Vancouver later this week at the Circle of Prosperity Summit at the Hyatt Regency Hotel.
Trading action down, but online investing up

Trading action down, but online investing up

BMO InvestorLine boss discusses the latest trends in the discount brokerage marketplace
Duty-free business sues over mouldy cigarettes

Duty-free business sues over mouldy cigarettes

The duty-free business Mikado Enterprises Ltd. is suing its cigarette supplier, King Day Import And Export Group Ltd., for $100,000 and general damages because it alleges that King Day sold it mouldy cigarettes.