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Economy, Law & Politics

Cryptocurrency exchange Binance Holdings appealing $6M fine imposed by Fintrac

Cryptocurrency exchange Binance Holdings appealing $6M fine imposed by Fintrac

TORONTO — Binance Holdings Ltd. is appealing a $6-million fine imposed on the company by Fintrac, the federal anti-money laundering agency.
BoC considered waiting until July to cut interest rates, summary says

BoC considered waiting until July to cut interest rates, summary says

OTTAWA — The Bank of Canada's governing council thought about waiting until July to lower interest rates but ultimately decided to cut earlier, the central bank's summary of deliberations reveals.
Canada's population grew to top 41 million in the first quarter: StatCan

Canada's population grew to top 41 million in the first quarter: StatCan

OTTAWA — Statistics Canada says the country's population topped 41 million people in the first quarter of this year as it grew by 0.6 per cent.
BDC commits $250M to help Indigenous and Black-led businesses

BDC commits $250M to help Indigenous and Black-led businesses

MONTREAL — The Business Development Bank of Canada is committing $250 million to help Indigenous and Black-led businesses. The money comes as BDC also creates a new inclusive entrepreneurship team.
Close to half of recent Canadian immigrants can't meet financial needs

Close to half of recent Canadian immigrants can't meet financial needs

Immigrants from South Asia tend to report greater financial strain than those from China or the United States, Statistics Canada data show.
B.C. Greens to back guaranteed basic income, says party leader

B.C. Greens to back guaranteed basic income, says party leader

Sonia Furstenau says Greens still debating details of party election platform, but basic income proposal likely to target three vulnerable groups.
Seaspan Victoria fined $710K after welder suffers carbon monoxide poisoning

Seaspan Victoria fined $710K after welder suffers carbon monoxide poisoning

The welder had continued to cut metal in a confined space on a ship for 40 minutes after a gas-monitor alarm started sounding, says WorkSafeBC.
Metro Vancouver announces independent review of ballooning sewage plant cost

Metro Vancouver announces independent review of ballooning sewage plant cost

Announcement comes a day after BC Premier David Eby said it’s time to hire an auditor
B.C. court closures concern civil liberties watchdog, criminal lawyer

B.C. court closures concern civil liberties watchdog, criminal lawyer

"A lot of people have a lot of anxiousness about what is going on in the courts," said the BC Civil Liberties Association's Karen Mirsky.
BCWS upgrading fleet, pursuing contracts for aircraft ahead of 2024 wildfire season

BCWS upgrading fleet, pursuing contracts for aircraft ahead of 2024 wildfire season

$56M provincial budget boost for aviation preparedness and response