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Economy, Law & Politics

New West accepts $30-million insurance settlement for Westminster Pier Park fire

New West accepts $30-million insurance settlement for Westminster Pier Park fire

A collaborative approach: New Westminster and First Nations to co-develop Pier Park’s future
B.C. real estate firm fined $156K for anti-money laundering violations

B.C. real estate firm fined $156K for anti-money laundering violations

RE/MAX Kelowna previously mentioned in a B.C. government forfeiture claim against a B.C. man alleged to have participated in an international stock fraud scheme.
Busy implementing B.C.’s whistleblower law, ombudsperson regrets lack of ferries oversight

Busy implementing B.C.’s whistleblower law, ombudsperson regrets lack of ferries oversight

Jay Chalke reflects on challenges his office is facing, including backlogs
Miller to provinces: If you can't fix international student rackets then feds will

Miller to provinces: If you can't fix international student rackets then feds will

OTTAWA — The federal government is prepared to crack down on dubious post-secondary institutions that recruit international students if provinces aren't up to the task, Immigration Minister Marc Miller warned Friday.
Hundreds arrested for shoplifting in latest Vancouver police blitz

Hundreds arrested for shoplifting in latest Vancouver police blitz

VANCOUVER — Retailers across Canada are concerned about an uptick in violence as a "tsunami" of retail theft plagues businesses that threatens the safety of employees and customers, says the general manager for loss prevention at London Drugs.
What U.S. regional hydrogen hubs mean for British Columbia

What U.S. regional hydrogen hubs mean for British Columbia

Canadian hydrogen tech companies could benefit from American investments
Data points: Home prices hold as B.C. housing market conditions slow down

Data points: Home prices hold as B.C. housing market conditions slow down

Most B.C. regional housing markets experienced significant sales declines in September, highlighting shifting market conditions
Consumers overestimating how low, and how fast, interest rates will fall: economists

Consumers overestimating how low, and how fast, interest rates will fall: economists

With interest rates likely at or near their peak in Canada, experts say consumers shouldn’t expect rates to return to pre-pandemic levels.
Federal government posts $4.3 billion deficit between April and August this year

Federal government posts $4.3 billion deficit between April and August this year

OTTAWA — The federal government posted a budgetary deficit of $4.3 billion from April to August. In its monthly fiscal monitor, the Finance Department says this compares to a surplus of $3.9 billion during the same period of the 2022-23 fiscal year.
Rob Shaw: BC NDP's short-term rental bill stays intact, passes without amendments

Rob Shaw: BC NDP's short-term rental bill stays intact, passes without amendments

Opposition BC United warns of unintended consequences of sweeping legislation