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Economy, Law & Politics

B.C. social media company first to be fined for illegal stock promotions

B.C. social media company first to be fined for illegal stock promotions

A B.C. Securities Commission hearing panel was more lenient against a social media company than the commission's executive director had hoped for in a precedent-setting case of social media-era stock promoting.
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Another B.C. judge tosses challenge to foreign buyers tax

Another B.C. judge tosses challenge to foreign buyers tax

Iranian asylum seeker from 1995 never became a permanent resident and when he bought a $6.6-million home in the British Properties he was dinged $1.32 million for the foreign buyers tax.
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Teck Resources says still evaluating options on coal business sale

Teck Resources says still evaluating options on coal business sale

Teck Resources Ltd. is making progress in evaluating the various offers put forward by prospective buyers of its steelmaking coal business, the Vancouver-based mining company said Thursday.
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Rob Shaw: Trudeau cabinet shuffle raises questions about reforms sought by Eby

Rob Shaw: Trudeau cabinet shuffle raises questions about reforms sought by Eby

Many ministers moved out of portfolios of importance to the province
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Mortgage broker Martel loses bid to seal information

Mortgage broker Martel loses bid to seal information

Justice Shelley Fitzpatrick ordered receiver PricewaterhouseCoopers to post its most recent report, untouched, to its website as soon as possible.
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Trudeau names new cabinet, shifting focus to economy, housing ahead of next election

Trudeau names new cabinet, shifting focus to economy, housing ahead of next election

OTTAWA — Prime Minister Justin Trudeau has announced a massive overhaul to his cabinet two years into his latest mandate, with about three-quarters of cabinet portfolios switching hands.
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B.C. stock fraudsters lose ability to shelter pension funds from collection actions

B.C. stock fraudsters lose ability to shelter pension funds from collection actions

B.C. Securities Commission says amendments to law will allow it to access pension funds of public market rule breakers and issue fines for failing to cooperate with investigators.
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B.C. launches $10.5M rebate for businesses' vandalism repairs, prevention measures

B.C. launches $10.5M rebate for businesses' vandalism repairs, prevention measures

B.C. Economic Development Minister Brenda Bailey said the funding will be retroactively available as a rebate to pay for damage suffered as early as Jan. 1 this year.
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Kirk LaPointe: Cabinet shuffle signals an administration aware it’s wearing thin on Canadians

Kirk LaPointe: Cabinet shuffle signals an administration aware it’s wearing thin on Canadians

What the cabinet shuffle accomplishes in this government’s lifespan – even if it wins the next election – is of questionable Liberal benefit, writes Kirk LaPointe
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BoC mindful of not overdoing rate hikes, summary of deliberations reveals

BoC mindful of not overdoing rate hikes, summary of deliberations reveals

OTTAWA — The Bank of Canada says it's trying to not raise interest rates more than it has to, as members of the governing council are mindful of the risks associated with raising rates too much.
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