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Economy, Law & Politics

Households owed $1.79 for every dollar of disposable income in Q4: Statistics Canada

Households owed $1.79 for every dollar of disposable income in Q4: Statistics Canada

OTTAWA — Statistics Canada says households owed $1.79 in credit market debt on average for every dollar of disposable income in the fourth quarter.
Drought triggers more overnight wildfires, finds B.C. scientist

Drought triggers more overnight wildfires, finds B.C. scientist

'Active day, quiet night' wildfire model upended in study.
More than seven in 10 Canadian workers want to leave their jobs: report

More than seven in 10 Canadian workers want to leave their jobs: report

TORONTO — A new report says 71 per cent of Canadian workers want to leave their jobs this year and look for better opportunities.
Bryan Yu: B.C. payrolls edge up and average wages pop compared with 2022

Bryan Yu: B.C. payrolls edge up and average wages pop compared with 2022

B.C. job growth stumbles as businesses brace for uncertainty
Plenty of Fish founder Markus Frind becomes CEO at Cymax

Plenty of Fish founder Markus Frind becomes CEO at Cymax

Frind, who founded Plenty of Fish, owns about 70 per cent of e-commerce furniture-seller Cymax
B.C. entertainment scene survives four years after COVID-19 shock

B.C. entertainment scene survives four years after COVID-19 shock

Venues were abruptly forced to close four years ago this week
Vancouver-based Sky Global fallout continues three years after U.S. charges

Vancouver-based Sky Global fallout continues three years after U.S. charges

Case against the smartphone tech company’s CEO 'ongoing' but appears dormant, and none of the allegations have been tested in court
Lowering interest rate cap to 35% to cost jobs and GDP: Industry report

Lowering interest rate cap to 35% to cost jobs and GDP: Industry report

TORONTO — A report commissioned by the Canadian Lenders Association estimates that lowering the maximum interest rate could lead to the loss of tens of thousands of jobs and billions of dollars in GDP.
Federal disaster aid for Fraser Valley floods, landslides taking too long: B.C. MP

Federal disaster aid for Fraser Valley floods, landslides taking too long: B.C. MP

OTTAWA — The federal government estimates it will need to pay almost $3.4 billion for its share of the disaster recovery bills for flooding and landslides that devastated British Columbia's Fraser Valley in November 2021.
Vancouver community centre associations tell Eby to keep elected park board

Vancouver community centre associations tell Eby to keep elected park board

Mayor Ken Sim's requested amendments to Charter won't happen until after Oct. 19 provincial election.