Economy, Law & Politics

Kevin Falcon has this morning announced his resignation from the posts of Minister of Finance and Deputy Premier. He will continue in his role as MLA for Surrey-Cloverdale.

Vancouver-based PBI Actuarial Consultants Ltd. has announced a deal to acquire Montreal-based Actuaires-Conseils Bergeron & Associés Inc. (ACBA).

Central 1 Credit Union has posted second-quarter profits of $4 million, down from $9.7 million for the same quarter last year.

Canadians are more optimistic about company growth prospects and job security than they were last year, according to new BMO Bank of Montreal research.

Dearth of head offices in the province drags down compensation for company legal teams

For a while now, Bank of Canada governor Mark Carney has been nudging corporate Canada to do more to boost the country’s economy. The latest rhe-torical push reportedly came last week after a speech to the Canadian Auto Workers Union suggesting executives are playing it too safe by keeping billions in cash in reserve as they wait for a clearer direction of the global economy and an end to the European debt crisis.

Richmond-based West Bay Boating Club has filed suit in BC Supreme Court, alleging that two purported owners of a marina facility fraudulently induced the club into a lease and then unlawfully towed five of the plaintiff’s vessels.

Women entrepreneurship in B.C. continues to grow.

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 August 15. The information comes from a compilation of required reports filed with the BC Securities Commission.

Vancouver-based market research company Vision Critical has landed a $20 million investment from Omers Ventures, the venture capital investment arm of pension fund Omers-one.