Economy, Law & Politics

A class action lawsuit launched by a B.C. investor is claiming $3.5 billion in damages against Kinross Gold Corp. (TSX: K) for allegedly making misleading claims about a gold mining project in West Africa.

Two weeks before bidding closes to privatize B.C.'s liquor logistics, the head of the Liquor Distribution Branch has tendered his resignation. In a memo to staff on Thursday, general manager Jay Chambers said he will be leaving July 6.

Consequences of new global rules add to list of B.C. banking sector challenges that now range from fraud to the growing volume of financial rules

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 May 30. The information comes from a compilation of required reports filed with the BC Securities Commission.

Numerous surveys suggest that employers are having a hard time finding qualified staff. But not enough is being done to help tap the persistently large number of young people entering the workforce. Limited job prospects are increasing disenchantment among the province's employable youth.

Stephen Raghoobarsingh has launched a class action lawsuit against the British Columbia Lottery Corp. (BCLC) on behalf of those who, since September 1995, bought Sports Action tickets and had claims for prizes rejected by the BCLC because of BCLC’s “misinterpretation” of its own materials and rules and regulations respecting what qualifies as a tie game, according to the notice of civil claim filed May 14.

Despite low mortgage margins, credit unions post record earnings

The B.C. Government and Service Employees' Union (BCGEU) today launched a new website in its public awareness campaign opposing the privatization of the Liquor Distribution Branch (LDB) warehouse and distribution service.

With almost half of Canada’s business owners concerned about labour shortages, it makes economic sense to strengthen incentives in the EI system that encourage active job-seeking

Dissatisfied with a 20-year RCMP contract that the province is pushing, a cluster of Lower Mainland municipalities is investigating alternatives that include a single Metro Vancouver police service.