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Economy, Law & Politics

Alberta's experience: product diversity booms, costs balloon

Alberta's experience: product diversity booms, costs balloon

The company aiming to become B.C.'s main liquor warehouser and distributor was among 20 that vied for the Alberta contract when it was put out to tender in December 1993.

Mall owner sues Safeway for not paying rent

City Square Property Holdings Inc. (CSPH) is suing tenant Canada Safeway for $2.25 million in unpaid lease payments following a dispute over how much the grocery chain has agreed to pay.

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 April 19. The information comes from a compilation of required reports filed with the BC Securities Commission.
Province cracks down on metal theft

Province cracks down on metal theft

New regulations scheduled to come into effect July 23 aimed at deterring theft of copper wire and other high-value metals
B.C. helps Canada to best two-month job gain since 1981

B.C. helps Canada to best two-month job gain since 1981

British Columbia created 19,700 jobs in April, helping Canada post its best two-month employment gain since 1981, according to numbers Statistics Canada released May 11.
Grey Area: Ill-prepared seniors left to fend for themselves

Grey Area: Ill-prepared seniors left to fend for themselves

A complex network of seniors care options has left the vulnerable elderly and their families fending for themselves, according to a seniors care expert. B.C.
Courts sentence tax evasion teacher

Courts sentence tax evasion teacher

The BC Supreme Court has sentenced Chilliwack resident Russell Anthony Porisky to four-and-a-half years in jail and fined him $274,815 for one count of counselling others to evade taxes and two counts of tax evasion, the Canada Revenue Agency (CRA) h
Insurer cries foul in Cranbrook procurement deal

Insurer cries foul in Cranbrook procurement deal

Calgary-based Sovereign General Insurance Co. is alleging that the City of Cranbrook has “unlawfully interfered in economic relations” by including an exclusion clause in tender documents for a wastewater treatment facility.
Grey Area: B.C. Ombudsperson reappointed after seniors care probe

Grey Area: B.C. Ombudsperson reappointed after seniors care probe

B.C. Ombudsperson Kim Carter has raised serious questions about the government’s handling of seniors care throughout the province – and the Liberals want her back for a second term.
Craigslist-advertised film investment scheme draws BCSC fire

Craigslist-advertised film investment scheme draws BCSC fire

After an undercover investigation, the British Columbia Securities Commission (BCSC) is alleging that a B.C. man broke securities laws while promoting feature film company Velocity Entertainment Inc. on Craigslist .