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Economy, Law & Politics

Teck faces $8M fine for alleged breach of environmental permit in Chile

Teck faces $8M fine for alleged breach of environmental permit in Chile

'Companies must comply with their commitments. It’s part of the rules of the game.'
B.C. regulator fines CIBC $3.4M for mortgage documentation failures

B.C. regulator fines CIBC $3.4M for mortgage documentation failures

Canadian Imperial Bank of Commerce (CIBC) violated the B.C. Consumer Protection Act, according to inspectors.
Real estate sector likely relieved after OSFI response on mortgage proposals: expert

Real estate sector likely relieved after OSFI response on mortgage proposals: expert

TORONTO — The real estate industry is likely breathing a sigh of relief after Canada's banking regulator signalled it might not move ahead with some proposed tightening of its mortgage lending rules, says one mortgage expert.
Ben Eisen: Explosive B.C. public-sector job growth dwarfs growth in the private sector

Ben Eisen: Explosive B.C. public-sector job growth dwarfs growth in the private sector

More than nine in 10 jobs created between February 2020 and June 2023 were the result of government hiring
Champagne says he wishes grocers were more 'forthcoming' on plans to stabilize prices

Champagne says he wishes grocers were more 'forthcoming' on plans to stabilize prices

OTTAWA — Industry Minister François-Philippe Champagne says he wishes Canadian grocers would be more forthcoming with the public about their plans to stabilize prices.
Freeland considering action on short-term rentals after B.C. announces crackdown

Freeland considering action on short-term rentals after B.C. announces crackdown

OTTAWA — Finance Minister Chrystia Freeland is applauding the B.C. government for going after short-term rentals and says the federal government is looking at what it can do on the issue as well. The B.C.
Kirk LaPointe: Inflation stability delivering sighs of relief to British Columbians … and politicians

Kirk LaPointe: Inflation stability delivering sighs of relief to British Columbians … and politicians

There are substantial political consequences arising from the actions of the independent central bank and Tuesday's inflation data is likely to provide a respite to Eby and Trudeau, writes Kirk LaPointe
B.C.'s legal cannabis regime shows mixed results after five years

B.C.'s legal cannabis regime shows mixed results after five years

Challenges include high taxes on producers and consumers and large municipalities banning sales, leading to retail deserts
Rob Shaw: Finally, the BC NDP government tangles with short-term rentals

Rob Shaw: Finally, the BC NDP government tangles with short-term rentals

Will it work? Time will tell
B.C. inflation rate cools to 3.3% in September

B.C. inflation rate cools to 3.3% in September

Inflation on West Coast now lower than national rate of 3.8%: StatCan