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Economy, Law & Politics

As job losses mount, B.C. loses claim to Canada’s lowest unemployment rate

As job losses mount, B.C. loses claim to Canada’s lowest unemployment rate

What happened: Statistics Canada reveals the province lost 8,300 jobs in August Why it matters: It’s the third straight month of job losses for B.C. B.C. no longer holds the bragging rights to being home to Canada’s lowest unemployment rate.
Multiple challenges making it harder to retire in B.C.

Multiple challenges making it harder to retire in B.C.

B.C. residents want to retire earlier despite carrying the most debt in retirement
Central bank maintains overnight rate, keeps eye on U.S.-China trade conflict

Central bank maintains overnight rate, keeps eye on U.S.-China trade conflict

The Bank of Canada announced September 4 it is maintaining the overnight rate target at 1.75%, where it has sat since October 2018. In a news release, the Bank said the escalating U.S.
Falling vehicle sales put brakes on B.C. retail

Falling vehicle sales put brakes on B.C. retail

B.C. retailers posted another down month in June as sales volume declined 0.4% from May to $7.16 billion, with year-over-year growth a negligible 0.7%. The latter underperformed the national gain of 1%. Retail spending in B.C.
Vancouver considers ban on plastic bags

Vancouver considers ban on plastic bags

City set to prohibit foam containers on January 1; a plastic-straw ban could follow
Insider trading: September 3, 2019

Insider trading: September 3, 2019

The following is a list of stock trades made by corporate executives, directors and other company insiders of B.C.’s public companies filed in the week ended August 28, 2019. The information comes from a compilation of required reports filed with the BC Securities Commission obtained from DisclosureNet.com.
Gas prices in B.C. appear 'choreographed' : BCUC

Gas prices in B.C. appear 'choreographed' : BCUC

Inquiry into high gas prices in B.C. finds unexplained price swings and offers two options for regulation
British Columbians ‘ripped off’ by gas companies: Bruce Ralston

British Columbians ‘ripped off’ by gas companies: Bruce Ralston

Minister responsible for BCUC inquiry into gas prices says B.C. wholesale gas market is an 'oligopoly'
Tax-evasion crackdown runs into gauntlet of legal challenges

Tax-evasion crackdown runs into gauntlet of legal challenges

Years after Panama Papers leak, hurdles abound as lawsuits mount against CRA collection efforts to catch offshore tax evaders
B.C. housing sales rise close to 14% in July

B.C. housing sales rise close to 14% in July

B.C.'s housing sales cycle has gained traction, according to the latest Canadian Real Estate Association data.