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Economy, Law & Politics

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.

Insider trading

The following is a list of the largest stock trades made by corporate executives, directors and other company insiders of B.C.’s public companies filed by the week ending March 20. The information comes from a compilation of required reports filed with the BC Securities Commission.
Home ownership helping offset B.C.’s high cost of living

Home ownership helping offset B.C.’s high cost of living

Regardless of whether local and/or foreign investors are to blame for B.C.’s “astronomical” housing prices, anyone living in the province that’s managed to buy into the market appears to be benefiting from the price of ownership.
British Columbia companies go on buying spree

British Columbia companies go on buying spree

Despite global uncertainty, B.C. businesses across the economic spectrum took advantage of international expansion opportunities