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Economy, Law & Politics

Hearings underway for alleged B.C. mortgage fraud racket

Hearings underway for alleged B.C. mortgage fraud racket

Eighteen BCFSA hearings could shed light on possible $511 million in fraudulent loans
Rustad stands by B.C. Conservative candidates under fire, says voters can judge them

Rustad stands by B.C. Conservative candidates under fire, says voters can judge them

VANCOUVER — B.C. Conservatives Leader John Rustad says it will be up to voters to judge his party's candidates as he stood by a pair whose remarks on Indigenous and Muslim people drew condemnation from election rivals and other critics.
North American markets hit new records on strong U.S. bank earnings

North American markets hit new records on strong U.S. bank earnings

North American stock markets hit record highs again Friday as strong earnings from some of the big U.S. banks painted a picture of an economy that is still humming. The S&P/TSX composite index was up 168.91 points at 24,471.
Trudeau touts 'real progress' on pharmacare, calls on premiers to start cutting deals

Trudeau touts 'real progress' on pharmacare, calls on premiers to start cutting deals

OTTAWA — Prime Minister Justin Trudeau said Friday provinces and territories need to start negotiating pharmacare deals as soon as possible, a day after legislation to enact the program received royal assent.
Stock market today: Wall Street reaches more records as banks rally

Stock market today: Wall Street reaches more records as banks rally

NEW YORK (AP) — U.S. stocks closed at more all-time highs as JPMorgan Chase, Wells Fargo and other big financial companies rallied following better-than-expected profit reports. The S&P 500 rose 0.
Consumer sentiment slightly improves, but still subdued: BoC survey

Consumer sentiment slightly improves, but still subdued: BoC survey

The Bank of Canada says consumers were less pessimistic about their finances as summer wound down but are still not upbeat about the situation.
B.C. shed 18K jobs in September, says StatCan

B.C. shed 18K jobs in September, says StatCan

Finance and part-time work drive losses in September as provincial unemployment rate climbs.
Sheila Vokey’s path to the top blends work-life balance with financial leadership

Sheila Vokey’s path to the top blends work-life balance with financial leadership

BIV C-Suite Awards: Leadership at Central 1 informed by years of C-suite experience
Victoria to launch tax-relief pilot program for businesses in Harris Green

Victoria to launch tax-relief pilot program for businesses in Harris Green

The pilot program, which could translate into a tax break of as much as $4,925 for some properties, comes as property taxes soar based on development potential
B.C. Conservatives stand by candidate who called Palestinian children 'inbred'

B.C. Conservatives stand by candidate who called Palestinian children 'inbred'

The British Columbia Conservatives are standing by a candidate who called Palestinian children “inbred” and “time bombs,” remarks that NDP Leader David Eby describes as "criminal hate speech.