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Economy, Law & Politics

Credit card balances increase in first quarter as mortgage market slows: Equifax

Credit card balances increase in first quarter as mortgage market slows: Equifax

TORONTO — Equifax Canada says credit demand was high in the first quarter of the year while the mortgage market saw a significant slowdown. The agency says in its latest consumer credit report that on average, consumers are spending 21.
Credit agency monitors grain shipments as wildfires burn in Western Canada

Credit agency monitors grain shipments as wildfires burn in Western Canada

DBRS Morningstar says fires unlikely to affect rail performance to the extent that the largest grain handlers’ operations would be affected
FOI records show internal discussion around Vancouver TikTok ban

FOI records show internal discussion around Vancouver TikTok ban

The city restricted the app on city-issued devices earlier this year, following similar bans by the federal and provincial governments
Experts say Ottawa's 'right to repair' consultation should prioritize consumer rights

Experts say Ottawa's 'right to repair' consultation should prioritize consumer rights

Those in favour of creating a federal right to repair law say the government should avoid shaping such legislation according to the wishes of special interest lobbyists as Ottawa gets set to launch consultations on the issue.
India among top actors for foreign interference in Canada: national security adviser

India among top actors for foreign interference in Canada: national security adviser

OTTAWA — Prime Minister Justin Trudeau's national security adviser says India is among the top sources of foreign interference in Canada, a public designation Ottawa has largely limited to authoritarian states.
B.C.'s Eby says Asia trade mission that omitted China helps prepare for 'the worst'

B.C.'s Eby says Asia trade mission that omitted China helps prepare for 'the worst'

British Columbia Premier David Eby is wrapping up an Asian trade mission that omitted China and instead focused on Japan, South Korea and Singapore, a move Eby said was to guard against "the worst" happening in the region.
Vancouver businessman issued 14-year ban from securities market

Vancouver businessman issued 14-year ban from securities market

Vancouver and West Vancouver businessmen temporarily prohibited from work in the securities and derivatives markets after making misrepresentations linked to Bridgemark consulting case.
Lawsuit of the Week: B.C. marketing firm claims ex-employees stole its customers

Lawsuit of the Week: B.C. marketing firm claims ex-employees stole its customers

Future Flow Media alleges several former workers emailed customers to say company had changed names
Employees often 'collateral damage' when activist investors come calling

Employees often 'collateral damage' when activist investors come calling

CALGARY — Experts say 1,500 recently announced job losses at Suncor Energy Inc. are an example of the type of "collateral damage" that can occur when an activist investor comes calling.
Rob Shaw: Eby's trade mission aims to find partners in alignment with B.C. businesses and policies

Rob Shaw: Eby's trade mission aims to find partners in alignment with B.C. businesses and policies

Eby finding companies abroad with B.C.'s interests and ideas in mind