Economy, Law & Politics

The B.C. government is immediately cutting the maximum price that it will pay for generic drugs to 25% of a comparable branded drug price, down from 35%. It will then further reduce the maximum price that it is willing to pay for generic drugs to 20% by April 2014.

Vancouver, Victoria, Smithers and Prince George protestors are planning rallies against oil and gas pipelines tomorrow, as part of national and international actions spearheaded by the Unis’tot’en clan of the Wet’suwet’en Nation in B.C.’s Central Interior.

British Columbia experienced the country's lowest year-over-year consumer price increases in October, according to Statistics Canada data released this morning.

Only $2.6 million of the B.C. government’s $36.065 million advertising budget in 2011-12 was deemed statutory by the government.

The inflation rate in Canada will rise "slightly, but meaningfully" in the next 10 years, according to the results of a study released today by the Portfolio Management Association of Canada (PMAC).

Vancouver-based credit union Vancity has granted $500,000 to Reconciliation Canada to help the aboriginal-led organization kick off a fund-raising campaign aimed at corporate B.C.

Canadian Business magazine released its 14th annual Rich 100 list this morning, outlining the 100 most affluent Canadians, and found their collective net worth exceeded $200 billion.

Critics blasted the B.C. government for its November 20 announcement that it has approved the incorporation of Jumbo as a mountain resort municipality.

BC’s most profitable companies aren’t alone in seeing corporate profits fall so far this year. According to Statistics Canada, operating profits for Canadian corporations fell in 2012’s second quarter after two consecutive quarters of increases.

While American politics may present a dismal spectacle, the economy is actually showing signs of life. Certainly the most recent employment numbers sound an encouraging note