Skip to content
Join our Newsletter

Economy, Law & Politics

B.C. consumers tightening wallets in tough retail climate

B.C. consumers tightening wallets in tough retail climate

Analysts expect shoppers to continue to be frugal through 2024 as inflation, higher rates hit personal pocketbooks.

Statistics Canada reports $3B merchandise trade surplus for October

OTTAWA — Canada's merchandise trade surplus grew to $3 billion in October as imports fell and exports edged higher, Statistics Canada said Wednesday. The result compared with a revised surplus of $1.1 billion in September.
Tax reporting law faces opposition from B.C. lawyers

Tax reporting law faces opposition from B.C. lawyers

The Law Society of BC is part of a pending constitutional challenge against amendments to the Income Tax Act; lawyers charge that new reporting requirements infringe on charter rights of solicitor-client privilege.
Data points: Inflation in B.C. hits lowest level since June 2021

Data points: Inflation in B.C. hits lowest level since June 2021

Recovery in Asia-to-Canada travel helps boost B.C. travel figures
Workers raise the bar: 2023 was a year of wage gains marked by high-profile strikes

Workers raise the bar: 2023 was a year of wage gains marked by high-profile strikes

A month after 3,700 grocery store workers walked off their jobs at Toronto-area Metro stores earlier this year, they returned to work under a new contract that Unifor called “historic.
B.C. says 578 foreign-educated nurses registered in 2023, doubling intake

B.C. says 578 foreign-educated nurses registered in 2023, doubling intake

VANCOUVER — The number of foreign-educated nurses newly registered in British Columbia this year has more than doubled from last year, as the province makes progress on a $1-billion, multi-year plan to attract more health-care workers.
Carson Binda: B.C. must solve its housing crisis with hammers, not taxes

Carson Binda: B.C. must solve its housing crisis with hammers, not taxes

The speculation tax doesn’t lead to more affordable homes, writes Carson Binda
Child care in B.C. more difficult to find, new data shows

Child care in B.C. more difficult to find, new data shows

Statistics Canada finds child care enrolment remains below pre-pandemic level, although it has risen since 2022 and 2021; meanwhile, costs, on average, have declined as more subsidies come into effect.
Beware of debt relief scams that offer 'pie-in-the-sky promises'

Beware of debt relief scams that offer 'pie-in-the-sky promises'

TORONTO — For anyone facing spiralling debt and a falling credit rating, a debt relief consultant's picture-perfect solution could bring a glimmer of hope. But experts say if their promises seem too good to be true, they probably are.

Financial intelligence agency hands down $7.4M penalty to Royal Bank of Canada

OTTAWA — Canada's financial intelligence agency has levied a $7.4-million penalty against the Royal Bank of Canada for non-compliance with anti-money laundering and terrorist financing measures.