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Economy, Law & Politics

B.C. labour blasts foreign worker policy

B.C. labour blasts foreign worker policy

Organized labour in B.C. is lambasting changes to the federally administered Temporary Foreign Workers Program, which accelerates skilled workers’ entry into B.C. and allows employers to pay workers up to 15% less than average regional wages for a high-skill occupation.

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 May 16. The information comes from a compilation of required reports filed with the BC Securities Commission.
Finavera responds to suit over alleged unpaid invoices

Finavera responds to suit over alleged unpaid invoices

Vancouver-based wind energy development company Finavera Wind Energy Inc. (TSX-V:FVR) has issued a response to a suit filed against the company for alleged debt. E&E Consulting Inc.
Every taxpayer could pay $9,000 to protect public-sector pensions: CFIB

Every taxpayer could pay $9,000 to protect public-sector pensions: CFIB

Every man, woman and child in Canada could be on the hook for more than $9,000 to pay for the unfunded liabilities of public-sector employee pension plans, according to a new Canadian Federation of Independent Business (CFIB) report released today.
Surrey backs bylaw to protect renters

Surrey backs bylaw to protect renters

The City of Surrey has endorsed a new bylaw to help protect the condition of rental properties in the city and provide a better dispute-resolution process to deal with unsafe accommodation.
Central 1 posts strong first-quarter results

Central 1 posts strong first-quarter results

Central 1 Credit Union (Central 1) posted a profit of $31.0 million in 2012’s first quarter, an increase of $12.7 million from $18.3 million in the same quarter last year.

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 May 16. The information comes from a compilation of required reports filed with the BC Securities Commission.
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