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Economy, Law & Politics
Economy, Law & Politics
B.C. mutual fund dealer fined $50K after diverting $3.8M of seniors’ funds
Royal Mutual Funds Inc. mutual fund dealer diverted millions of dollars from accounts of retired clients to online brokerages
Dec 12, 2024 4:14 PM
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Vancouver Island First Nation whose ancestors met explorer Capt. Cook sue province
VICTORIA — A Vancouver Island First Nation whose people were the first to greet European explorers in the region almost 250 years ago is taking British Columbia to court, seeking title to its traditional territories and financial compensation.
Dec 12, 2024 3:16 PM
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S&P/TSX composite down nearly 250 points, U.S. stock markets also fall
TORONTO — Canada's main stock index lost nearly 250 points Thursday, led by weakness in energy and base metals, while U.S. markets also fell. The S&P/TSX composite index closed down 246.99 points at 25,410.71.
Dec 12, 2024 1:46 PM
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Employers should prepare for sickest month of the year, says HR software firm
Employers should be clear about sick day policies and encourage flu vaccinations, says BrightHR
Dec 12, 2024 12:04 PM
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Settlement reached in complaint over Canada Post layoffs as strike hits four weeks
OTTAWA — The union representing Canada Post workers says an unfair labour practice complaint over the company's layoffs has been resolved, calling it an important victory for workers' rights.
Dec 12, 2024 8:40 AM
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Canada preparing retaliatory tariffs, as Ford threatens to cut off energy to U.S.
OTTAWA — Canada is preparing retaliatory tariffs in response to U.S.
Dec 12, 2024 7:07 AM
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Stock market today: Wall Street stalls following some discouraging updates on the economy
NEW YORK (AP) — U.S. stock indexes are stalling following some discouraging data on the economy. The S&P 500 fell 0.3% in early trading Thursday and was on track for its third loss in the last four days.
Dec 12, 2024 6:41 AM
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Statistics Canada says household debt-to-disposable income ratio falls in Q3
OTTAWA — Statistics Canada says the amount Canadian households owe relative to their income fell in the third quarter as a rise in disposable income outpaced the growth in debt. It was the sixth consecutive quarter that the measure declined.
Dec 12, 2024 6:23 AM
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U.S. SEC can't seek account for $3.3M sale of Kitsilano home, B.C. judge rules
Facing fraud charges in the U.S., Delta resident Jackson Friesen sold a detached home in Kitsilano before his assets could be frozen in B.C. Supreme Court; since it was determined Friesen committed fraud he says he now needs money to pay for an appeal of a $12-million penalty.
Dec 11, 2024 6:30 PM
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Metro Vancouver seeks 'media monitor' amid budget woes
New West city councillor: "When things get really bad and this out of control, the first thing an organization will blame is the people reporting on the story itself."
Dec 11, 2024 4:00 PM
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