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Economy, Law & Politics

Credit card debt hit all-time high in Q2 as financial pressure builds: Equifax

Credit card debt hit all-time high in Q2 as financial pressure builds: Equifax

TORONTO — Equifax Canada says credit card balances hit an all-time high of $107.4 billion in the second quarter of 2023, in a sign financial stress continued to build in the face of inflation and rising interest rates.
Royal B.C. Museum collections building underway after First Nations blessing

Royal B.C. Museum collections building underway after First Nations blessing

The province said it expects the $270-million building to be substantially completed in the fall of 2025 and open to the public in 2026
B.C. court upholds $500K wages fine against port trucking companies

B.C. court upholds $500K wages fine against port trucking companies

Regulator's audit found companies owed employee drivers $1.6 million.
Australian billionaire proposes green hydrogen hub in Prince George

Australian billionaire proposes green hydrogen hub in Prince George

The $2 billion project could see the creation of over 100 permanent direct jobs
BC United loses MLA as Abbotsford South's Bruce Banman bolts to Conservatives

BC United loses MLA as Abbotsford South's Bruce Banman bolts to Conservatives

VICTORIA — The political landscape in British Columbia shifted slightly Wednesday with the defection of an Opposition BC United caucus member to the provincial Conservatives, who will now have two members in the legislature.
UBC-educated researcher, Canadian MP testify to U.S. politicians on Chinese interference

UBC-educated researcher, Canadian MP testify to U.S. politicians on Chinese interference

The United States’ Congressional-Executive Commission on China heard testimony on how China interferes in the affairs of foreign states
MLA Banman's bolt from BC United delivers official party status to Conservatives

MLA Banman's bolt from BC United delivers official party status to Conservatives

MLA Bruce Banman announced Wednesday he quit the BC United to join the Conservative Party of B.C.
Architect gets $13M contract to design new Vancouver aquatic centre

Architect gets $13M contract to design new Vancouver aquatic centre

Acting park board GM: "The facade falling off was probably a good wake-up call."
B.C. marks a record number of trades apprenticeships

B.C. marks a record number of trades apprenticeships

More than 40K enrolled in apprenticeship programs in 2022

Housing gap steady as lower incomes expected to offset construction slowdown: CMHC

TORONTO — Canada will be short about 3.5 million homes by the end of the decade compared with what's needed to restore affordability, Canada Mortgage and Housing Corp. said Wednesday.