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Economy, Law & Politics

B.C. has 73 cases of COVID-19; 16 related to Lynn Valley Care Centre

B.C. has 73 cases of COVID-19; 16 related to Lynn Valley Care Centre

Nine new cases announced on March 14
B.C. has 64 COVID-19 cases, outbreak at Lions Gate Hospital

B.C. has 64 COVID-19 cases, outbreak at Lions Gate Hospital

Three hospital staff members have tested positive for the disease
COVID-19 compensation: What B.C. workers and employers need to know

COVID-19 compensation: What B.C. workers and employers need to know

B.C. workers stricken by COVID-19 may soon find themselves walloped by uncertainty over compensation amid the global pandemic, according to one B.C. lawyer.
COVID-19 could have some economic silver linings

COVID-19 could have some economic silver linings

Prices for precious metals surge while base metals and industrial materials fall
Bank of Canada Lowers rates for second time in March, RBC says it will do little to help

Bank of Canada Lowers rates for second time in March, RBC says it will do little to help

The Bank of Canada is again trying to send help to the ailing economy amid COVID-19 fears. The BoC is cutting its overnight rate target by half a percentage point to 0.75%.
B.C. small businesses will be ‘squeezed’ by COVID-19, says economist

B.C. small businesses will be ‘squeezed’ by COVID-19, says economist

B.C. businesses tied to commodities, tourism and events will be bearing the brunt of the COVID-19 fallout from the outset, according to the chief economist of the Business Development Bank of Canada (BDC).
RBC predicts recession, Trudeau promises help

RBC predicts recession, Trudeau promises help

Prime Minister vows help for workers, business hurt by virus containment measures
Botox party ‘doctor’ fined for contempt of court

Botox party ‘doctor’ fined for contempt of court

Physicians’ regulator sought $22,000 fine, judge orders $5,000
Canadian markets halted temporarily after 1,300-point plunge

Canadian markets halted temporarily after 1,300-point plunge

A temporary halt kicked off trading on the Canadian markets Thursday morning (March 12) following a 1,300-point plunge on the S&P/TSX Composite Index. Circuit breakers were triggered moments after markets opened across North America at 6:30 a.m.
Top engineering firms go from expansion to contraction

Top engineering firms go from expansion to contraction

Average one-year change for largest companies dropped to -0.9% from 14.3%