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Economy, Law & Politics

TD Bank cuts jobs as quarterly results reflect a gloomy economic picture

TD Bank cuts jobs as quarterly results reflect a gloomy economic picture

TORONTO — TD Bank Group said it's cutting three per cent of staff and setting more money aside for souring loans as it reported fourth quarter results that reflect a deteriorating economic picture.
Royal Bank chief executive McKay defends HSBC deal as bank reports profits up

Royal Bank chief executive McKay defends HSBC deal as bank reports profits up

TORONTO — RBC chief executive Dave McKay made some of his most forceful comments yet on the importance of the federal government approving the bank's $13.5-billion takeover of HSBC Canada as the deal attracts rising opposition.
Vancouver city hall looks for more parking apps

Vancouver city hall looks for more parking apps

The city brought in $21M in parking revenue, including $17M by mobile app, for the first five months of 2023
Rob Shaw: Have the BC NDP become what they once despised in the legislature?

Rob Shaw: Have the BC NDP become what they once despised in the legislature?

The Liberals thought they were going to win forever. Now, it’s the NDP’s turn to drink that particular brand of bathwater, writes columnist Rob Shaw
Analysis: How wage increase for Vancouver police affects 2024 city budget

Analysis: How wage increase for Vancouver police affects 2024 city budget

VPD union reaches tentative agreement for cumulative 9% increase over two years.
Indigenous signage aims to make B.C. legislature more inclusive, accepting

Indigenous signage aims to make B.C. legislature more inclusive, accepting

Messages written in the Lekwungen Indigenous language and English were unveiled Wednesday at an outdoor ceremony at the 125-year-old building, attended by Indigenous leaders, Premier David Eby and members of the New Democrat, BC United, Green and Conservative parties.
Lawyer for pharma company argues against single trial in B.C. opioid damages case

Lawyer for pharma company argues against single trial in B.C. opioid damages case

VANCOUVER — Holding a single trial in British Columbia to determine damages for each province and territory related to opioid health-care costs would be a "monster of complexity," one of the dozens of lawyers for pharmaceutical firms told a court on
Man found guilty of defaming Richmond law firm fails contempt appeal

Man found guilty of defaming Richmond law firm fails contempt appeal

Guang Tian published the defamatory statements days after a court order banned him from doing so.
Labour shortages cost small businesses $38 billion in lost sales last year: CFIB

Labour shortages cost small businesses $38 billion in lost sales last year: CFIB

TORONTO — Small businesses lost more than $38 billion in revenue opportunities last year because of labour shortages, according to estimates from the Canadian Federation of Independent Business.
Respondents to Bank of Canada questionnaire largely oppose creating a digital loonie

Respondents to Bank of Canada questionnaire largely oppose creating a digital loonie

OTTAWA — The Bank of Canada’s public consultations on the creation of a digital Canadian dollar reveal most respondents are opposed to it.