Economy, Law & Politics

Opinion: High spending triggers avalanche of debt in B.C.

The most striking aspect of the Eby government鈥檚 first budget was the eye-popping deficit and debt projections. The budget forecasts a cumulative $11 billion deficit over the next three years.

Mar 13, 2023 8:47 AM Read more >

Household debt-to-income ratio edges lower as interest payments expand

OTTAWA 鈥� Statistics Canada says the ratio of household debt to disposable income improved in the fourth quarter as gains in disposable income offset an uptick in credit market debt.

Mar 13, 2023 8:26 AM Read more >

Silicon Valley Bank collapse presents low risk for Canadian sector: analysts

OTTAWA 鈥� Canada's banking regulator says in light of the decision by the California Department of Financial Protection and Innovation to shut down Silicon Valley Bank, it has temporarily seized assets of the Canadian branch to preserve their value.

Mar 13, 2023 7:53 AM Read more >

Five things to watch for in the Canadian business world in the coming week

TORONTO 鈥� Five things to watch for in the Canadian business world in the coming week: Household debt Statistics Canada will release on Monday its national balance sheet and financial flow accounts for the fourth quarter of 2022.

Mar 13, 2023 7:51 AM Read more >

Who鈥檚 Suing Whom: March 13, 2023

The latest from the B.C. Supreme Court

Mar 13, 2023 5:00 AM Read more >

Top business stories of the week (March 6-10)

'Cowardly' anonymous attacks on journalist covering COVID denounced by B.C. judge

Richard Sean Oliver pleaded guilty to criminal harassment and was ordered not to contact journalists Jody Vance, Keith Baldrey, Marcella Bernardo and others.

Mar 10, 2023 3:18 PM Read more >

Why critical minerals are such a big deal for Canada鈥檚 economy

Natural resources minister discusses LNG, hydrogen and critical minerals

Mar 10, 2023 3:04 PM Read more >

Class-action lawsuit proposed for shareholders affected by Adastra cocaine claim

VANCOUVER 鈥� A Vancouver-based law firm says it has filed a proposed securities class-action lawsuit on behalf of anyone who acquired shares in a B.C. company that recently announced plans to commercialize cocaine.

Mar 10, 2023 1:06 PM Read more >

B.C. dropping COVID-19 vaccine requirement for provincial public servants

VICTORIA 鈥� British Columbia is rescinding its policy that required provincial public servants to be vaccinated against COVID-19.

Mar 10, 2023 12:57 PM Read more >

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