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Economy, Law & Politics

Finning reports Q4 profit down, hit by foreign exchange loss

Finning reports Q4 profit down, hit by foreign exchange loss

Net revenue for the quarter totalled $2.4B
North Van sewage plant has spent more than 60% of its $1B budget

North Van sewage plant has spent more than 60% of its $1B budget

A monthly project status report, obtained under freedom of information, did not say how much it would cost to finish the project or when it will open
Statistics Canada reports $312M merchandise trade deficit for December

Statistics Canada reports $312M merchandise trade deficit for December

The result compares with a surplus of $1.1B in November
Backstop on insurance needed from catastrophe risk, says regulator

Backstop on insurance needed from catastrophe risk, says regulator

A major disaster like an earthquake in Vancouver could cause between $35B and $40B in damages
BC United leader calls on government to show urgency for embattled wine industry

BC United leader calls on government to show urgency for embattled wine industry

Industry hammered by cold snaps, Alberta crackdown
Don’t look to the BoC to solve Canada’s housing and economic woes, governor says

Don’t look to the BoC to solve Canada’s housing and economic woes, governor says

Tiff Macklem also says low interest rates can’t fuel economic growth in the long run
Park commissioners unlock $20K to fight Vancouver mayor’s move to abolish board

Park commissioners unlock $20K to fight Vancouver mayor’s move to abolish board

'I have a principle in life that I don't fall down dead until I've been shot.'
Business funding on climate action needs to 'rise exponentially': RBC report

Business funding on climate action needs to 'rise exponentially': RBC report

Report says public markets, private equity and venture capital will need to 'step up'
Group wants to halt Stanley Park logging, force disclosure of expert reports

Group wants to halt Stanley Park logging, force disclosure of expert reports

More traffic noise as a result of fewer trees along the Stanley Park Causeway cited as a concern
North Vancouver man pleads guilty to stealing $1M from investors

North Vancouver man pleads guilty to stealing $1M from investors

The first victim was a personal friend who later urged other friends and family members to invest