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Economy, Law & Politics

B.C. regulator bans, fines cannabis director after investors lose everything

B.C. regulator bans, fines cannabis director after investors lose everything

Christine Mah admits to unregistered securities sales at RoccaVerde, as BCSC prepares separate hearing involving prominent businessman Arthur Griffiths
Budget officer says he expects ramped-up defence spending to deepen deficit

Budget officer says he expects ramped-up defence spending to deepen deficit

OTTAWA — The parliamentary budget officer said Thursday he expects the federal government's deficit will balloon this year thanks to ramped-up defence spending — but without a spring budget or more clarity from Ottawa, he can't say for sure.
'Don't need another plan': Downtown Victoria businesses demand action on street disorder

'Don't need another plan': Downtown Victoria businesses demand action on street disorder

“It’s not dying, but it can’t sustain itself without some significant and bold action,” DVBA chief executive Jeff Bray says of downtown Victoria.
Carney's contentious major projects bill clears committee

Carney's contentious major projects bill clears committee

OTTAWA — Running roughshod over the environment. Spawning the next Idle No More movement. Picking economic winners and losers. Prime Minister Mark Carney’s Building Canada Act is anything if not a magnet for criticism.
Average family to save $280 per year from Liberal tax cut: PBO

Average family to save $280 per year from Liberal tax cut: PBO

Some seniors and single Canadians are expected to save less, prompting criticism from Conservatives who argue the tax cut doesn't go far enough.
S&P/TSX composite closes higher, U.S. stock markets mixed

S&P/TSX composite closes higher, U.S. stock markets mixed

Canada's main stock index climbed higher on Wednesday and U.S. stock markets closed out the trading day mixed as investors digested an uncertain interest rate outlook south of the border. The S&P/TSX composite index was up 18.46 points at 26,559.
Wall Street drifts after the Fed indicates it may still cut rates twice this year

Wall Street drifts after the Fed indicates it may still cut rates twice this year

NEW YORK (AP) — U.S. stocks drifted after the Federal Reserve indicated it may cut interest rates twice this year, though it’s far from certain about that. The S&P 500 ended basically flat Wednesday. The Dow Jones Industrial Average slipped 0.
Carney heads to Europe on Sunday for NATO, Canada-EU summits

Carney heads to Europe on Sunday for NATO, Canada-EU summits

OTTAWA — Prime Minister Mark Carney heads to Europe on the weekend to attend summits on NATO and Canada-EU relations. The Prime Minister's Office confirmed Carney's travel plans today, after he wrapped up the G7 leaders' summit in Alberta.
Canadian population growth continued to slow with almost no increase in Q1: StatCan

Canadian population growth continued to slow with almost no increase in Q1: StatCan

OTTAWA — Statistics Canada says population growth stalled in the first quarter. The agency says the Canadian population rose by 20,107 people from Jan.
Liberal MP wants to see major projects bill amended, studied further

Liberal MP wants to see major projects bill amended, studied further

OTTAWA — Liberal MP Nate Erskine-Smith warned Tuesday that Parliament is hastily plowing ahead with the government's major projects bill when it should be in listening mode.