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Economy, Law & Politics

Who’s Suing Whom: March 9, 2023

Who’s Suing Whom: March 9, 2023

The latest from the B.C. Supreme Court
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Loonie hits four-month low as Bank of Canada holds key interest rate

Loonie hits four-month low as Bank of Canada holds key interest rate

The value of the loonie hit a four-month low compared with the U.S. dollar on Wednesday, but some experts say Canadian consumers shouldn't expect their wallets to take a major hit. The Canadian dollar traded at 72.54 U.S.
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Canaccord shareholder seeks to remove special committee directors who oppose buyout

Canaccord shareholder seeks to remove special committee directors who oppose buyout

A shareholder of Vancouver-based Canaccord Genuity Group Inc. wants to remove the four directors on the company's board that form a special committee that has opposed a buyout offer for the firm by a management-led group of employees.
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In the Courts: B.C. judge greenlights class action over provincial grizzly hunt ban

In the Courts: B.C. judge greenlights class action over provincial grizzly hunt ban

The plaintiffs showed the province’s alleged misrepresentations were common ground among proposed class members
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A timeline of Quest University’s financial troubles

A timeline of Quest University’s financial troubles

An in-depth account of the events leading up to the school’s decision to indefinitely halt its academic programming
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B.C. auditor general renews calls for better fraud risk management in public bodies

B.C. auditor general renews calls for better fraud risk management in public bodies

British Columbia auditor general Michael Pickup says the province's public institutions are susceptible to fraud, but he can't release specifics about the theft and corruption reported to his office in a survey conducted this year.
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Grocery CEOs deny accusations that food price inflation is driven by profit-mongering

Grocery CEOs deny accusations that food price inflation is driven by profit-mongering

OTTAWA — The leaders of Canada's major grocery chains insist that food price inflation is not caused by profit-mongering and that their margins on food-related profits have remained low. The CEOs and presidents of Loblaw Cos. Ltd., Metro Inc.
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BoC holds key rate for first time in a year, allowing itself to diverge from the Fed

BoC holds key rate for first time in a year, allowing itself to diverge from the Fed

OTTAWA — The Bank of Canada is holding its key interest rate steady for the first time in a year, sticking to its wait-and-see approach even as its U.S. counterpart charts a more aggressive path.
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Who’s Suing Whom: March 8, 2023

Who’s Suing Whom: March 8, 2023

The latest from the B.C. Supreme Court
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Squamish Nation unhappy Senakw energy system undergoing public hearing

Squamish Nation unhappy Senakw energy system undergoing public hearing

Kitsilano Point residents didn’t get a say on Vancouver city hall’s 120-year deal to service the cluster of residential towers to be built on the Squamish Nation reserve around the Burrard Bridge’s south side.
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