Economy, Law & Politics

Canadians need more sustainable and flexible retirement options to help secure future retirement income, according to an August 9 report from think tank the Public Policy Forum.

The British Columbia Securities Commission (BCSC) announced August 9 that one of its panels found that a B.C. man committed fraud, made false statements and illegally distributed securities.

Residents of a rural Kootenay valley affected by a fuel spill that dumped 35,000 litres of jet fuel into a creek have launched a class-action lawsuit against the company transporting the fuel and the Province of British Columbia.

B.C. auditor general Russ Jones released a report August 8 that concluded that B.C. ran a $1.7 billion surplus in the 2012-13 fiscal year instead of the $1.1 billion deficit that the B.C. government announced.

B.C. dropped 11,700 jobs in July, pushing the provincial unemployment rate from 6.3% to 6.7%, according to Statistics Canada's latest Labour Force Survey released today (August 9).

The C.D. Howe Institute has some ideas for keeping struggling Canada Post solvent: contract out postal services and provide direct subsidies for mail delivery in remote areas.

Seven months after former Waldorf Hotel operator Waldorf Productions Inc. went public with a plea for support and broke the news that developer Solterra had bought the Waldorf Hotel, the Royal Bank of Canada has launched a lawsuit seeking $168,179 from that company.

The British Columbia Securities Commission (BCSC) is alleging that a self-employed trader in foreign exchange (Forex) committed fraud by concealing how he earned commissions and by offering clients false guarantees to reimburse them for any losses and for engaging in unregistered trading.

The B.C. government launched a consultation on how to reform the province's liquor laws by sending letters on August 7 to what it calls "major stakeholders."

Canadian exports rose in June after several months of declines, Statistics Canada reported August 7.