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Economy, Law & Politics

Vancouver nixes bid for cheaper motorbike parking

Vancouver nixes bid for cheaper motorbike parking

City council faces backlash after voting against staff advice to reduce rates in low-use motorcycle parking locations
Alleged market manipulation nets 25-year trading bans

Alleged market manipulation nets 25-year trading bans

Two B.C. men accused of manipulating share prices in a shell company are receiving hefty fines and long-term securities trading bans.
B.C. unions blast pension fund's stake in big tobacco

B.C. unions blast pension fund's stake in big tobacco

Teachers and health-care workers are upset that BC Investment Management Corp. has invested more than $260 million in public money in cigarette manufacturers
Skateborder sues designer of “the Bowl”

Skateborder sues designer of “the Bowl”

An injury allegedly sustained at an East Vancouver skateboard park is at the heart of a suit filed in BC Supreme Court against a Langley-based landscape architecture firm.

Data points: Urban metrosexuals and vegetarians enjoying price breaks in B.C.

If you’ve ever wanted to build a man-cave or become a vegetarian, the present is as good a time as any. According to Statistics Canada ’s April inflation figures, while B.C. inflation was flat 1.
LDB privatization a ContainerWorld game-changer

LDB privatization a ContainerWorld game-changer

B.C.’s biggest bonded liquor warehouse: Exel’s friend or foe?
Ballooning pension deficits threaten boomer retirees

Ballooning pension deficits threaten boomer retirees

Canada’s largest pension plans remain underfunded by tens of billions of dollars. An August 2011 report by credit-rating firm DBRS found that the 20 poorest defined-benefit (DB) pension plans collectively had a funding deficit of more than $14.
Growth in brokerage profits uneven as global insurance costs continue to fluctuate

Growth in brokerage profits uneven as global insurance costs continue to fluctuate

Profit growth has continued to be a challenge for Canada's insurance brokerage industry.
Hedge fund returns outperform traditional investments: KPMG

Hedge fund returns outperform traditional investments: KPMG

Hedge funds significantly outperformed traditional asset classes such as equities, bonds and commodities over the past 17 years, according to a study commissioned by KPMG and the Alternative Investment Management Association (AIMA).
B.C. residents make extra payments to reduce debt: CIBC

B.C. residents make extra payments to reduce debt: CIBC

More than half of all British Columbians holding debt made at least one extra payment to bring down their balances in the last 12 months, according to a new CIBC (TSX:CM) poll conducted by Harris/Decima .