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Economy, Law & Politics

Payouts for the many over the few: employee ownership trusts take shape in Canada

Payouts for the many over the few: employee ownership trusts take shape in Canada

Three times a year, the 600-or-so employees of Friesens Corp. gather in front of the printing house to accept envelopes, each one holding a cheque for the workers' share of company profits. They all get a cut because they’re all owners.
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B.C. Securities Commission and BC Ferries fix FOI fee malpractice

B.C. Securities Commission and BC Ferries fix FOI fee malpractice

The B.C. Securities Commission and BC Ferries are now accepting digital payments for fees they have recently imposed on freedom of information (FOI) requests.
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Work stoppage averted for Richmond, B.C., boating production workers, machinists

Work stoppage averted for Richmond, B.C., boating production workers, machinists

RICHMOND, B.C. — A union representing 320 production workers, machinists and maintenance personnel for a boating manufacturing company in Richmond, B.C., say it has averted a work stoppage.
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B.C. accountant and family settle Bridgemark Group case for $1.75M

B.C. accountant and family settle Bridgemark Group case for $1.75M

Accountant Anthony Kevin Jackson and family members agree to pay $1.75 million to settle class action claim following allegations from B.C. Securities Commission of an illegal consulting scheme
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B.C. immigration far outpacing new housing units, report reveals

B.C. immigration far outpacing new housing units, report reveals

B.C. experienced record immigration levels in 2023, but high interprovincial outmigration
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Canada, U.S. governments reach in-principle agreement to update Columbia River Treaty

Canada, U.S. governments reach in-principle agreement to update Columbia River Treaty

WASHINGTON, D. C. — The Canadian and U.S. governments have reached a deal on how to modernize the Columbia River Treaty, the decades-old agreement that regulates the waterway that flows from southeastern British Columbia into Washington state.
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B.C. seeking outside firefighting help as heat triggers eruption of wildfire activity

B.C. seeking outside firefighting help as heat triggers eruption of wildfire activity

VANCOUVER — British Columbia's emergency management minister says the province is proactively working to secure extra firefighters to deal with what she called the "potential for a drastically accelerated wildfire situation.
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Mark Carney would be 'outstanding' addition to federal politics, Trudeau says

Mark Carney would be 'outstanding' addition to federal politics, Trudeau says

OTTAWA — Mark Carney would be an "outstanding addition" to federal politics, the prime minister said Thursday, in response to speculation that he is trying to recruit the former Bank of Canada governor to join his cabinet.
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Province to add 51 new sheriffs to address court shortage, closures

Province to add 51 new sheriffs to address court shortage, closures

Ministry of Attorney General says Justice Institute of B.C. spring class of graduates is largest in recent memory
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S&P/TSX composite up almost 200 points, U.S. stock markets mixed amid tech slump

S&P/TSX composite up almost 200 points, U.S. stock markets mixed amid tech slump

TORONTO — Canada's main stock index rose almost 200 points Thursday, helped by strength in the telecom, utility and energy sectors Meanwhile, U.S. stock markets were mixed as large tech names weighed on Wall St.
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