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Economy, Law & Politics

Victoria to launch tax-relief pilot program for businesses in Harris Green

Victoria to launch tax-relief pilot program for businesses in Harris Green

The pilot program, which could translate into a tax break of as much as $4,925 for some properties, comes as property taxes soar based on development potential
B.C. Conservatives stand by candidate who called Palestinian children 'inbred'

B.C. Conservatives stand by candidate who called Palestinian children 'inbred'

The British Columbia Conservatives are standing by a candidate who called Palestinian children “inbred” and “time bombs,” remarks that NDP Leader David Eby describes as "criminal hate speech.
Opinion: B.C.'s forestry future tied to Canadian housing boom

Opinion: B.C.'s forestry future tied to Canadian housing boom

As political leaders push for more housing, province’s timber industry looks for new opportunities
Could Chinese stimulus ignite B.C. economy?

Could Chinese stimulus ignite B.C. economy?

China remains a large export market for B.C. products and was previously a source of numerous wealthy tourists
S&P/TSX ticks higher, U.S. stock markets down on latest inflation data

S&P/TSX ticks higher, U.S. stock markets down on latest inflation data

Canada’s main stock index ticked higher Thursday thanks to higher commodity prices, even as fresh inflation data south of the border caused U.S. markets to fall back from the previous day's record highs. The S&P/TSX composite index closed up 77.
PBO releases updated carbon price report after previous error sparked controversy

PBO releases updated carbon price report after previous error sparked controversy

An update on the federal carbon price's economic impact that corrected an error in earlier reports largely supports previous conclusions, the parliamentary budget officer said Thursday.
Delays with capital gains tax legislation puts some taxpayers in precarious position with the CRA

Delays with capital gains tax legislation puts some taxpayers in precarious position with the CRA

‘There’s a tremendous amount of uncertainty, which makes it very difficult for people to plan,’ says John Oakey, vice-president of taxation at CPA Canada.
Stock market today: Wall Street edges back from its records

Stock market today: Wall Street edges back from its records

NEW YORK (AP) — U.S. stocks edged back from their record highs. The S&P 500 slipped 0.2% Thursday. The Dow Jones Industrial Average fell 0.1% after likewise setting an all-time high the day before, and the Nasdaq composite fell 0.1%.
TD fined US$3.09B as bank pleads guilty to U.S. charges related to money laundering

TD fined US$3.09B as bank pleads guilty to U.S. charges related to money laundering

TORONTO — Toronto-Dominion Bank has agreed to pay fines totalling about US$3.09 billion from U.S. regulators after pleading guilty to multiple charges related to failures in its anti-money laundering program. U.S.
B.C. NDP promises more counsellors, education assistants with universal $10/day child care unmet

B.C. NDP promises more counsellors, education assistants with universal $10/day child care unmet

A counsellor in every school? An education assistant in every classroom? Thousands of professionals would need to be hired, says B.C. Teachers' Federation.