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Economy, Law & Politics

BoC expected to hold interest rate next week, one year after aggressive cycle began

BoC expected to hold interest rate next week, one year after aggressive cycle began

OTTAWA — One year after the Bank of Canada's aggressive rate hike cycle began, economists widely expect the central bank will stick to its plan of holding its key interest rate steady at its next scheduled announcement.
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Who’s Suing Whom: March 3, 2023

Who’s Suing Whom: March 3, 2023

The latest from the B.C. Supreme Court
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Not much for business to like in B.C. budget

Not much for business to like in B.C. budget

Budget has little relief for business: GVBOT president
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B.C. firm gets approval from Health Canada to make and sell cocaine

B.C. firm gets approval from Health Canada to make and sell cocaine

LANGLEY, B.C. — Health Canada has granted a British Columbia cannabis company the right to possess, produce, sell and distribute cocaine. Adastra Labs says in a news release that Health Canada gave it approval on Feb.
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'It's essential': Nearly 200 beds part of B.C.'s $1B investment in mental health, addiction treatment

'It's essential': Nearly 200 beds part of B.C.'s $1B investment in mental health, addiction treatment

The Canadian Mental Health Association BC will be a large beneficiary of the funds.
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'Our reality:' Finance minister wants review of Alberta's volatile revenue structure

'Our reality:' Finance minister wants review of Alberta's volatile revenue structure

CALGARY — Alberta's finance minister says he would like to see a panel formed within the next year and a half to address the province's often volatile revenue structure.
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In the Courts: B.C. businessman found 20% liable in $3M fraud scheme

In the Courts: B.C. businessman found 20% liable in $3M fraud scheme

Court finds he and business knowingly participated in scheme with another company
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Who’s Suing Whom: March 2, 2023

Who’s Suing Whom: March 2, 2023

The latest from the B.C. Supreme Court
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Inflation helping boost cargo theft rebound in Canada, U.S.

Inflation helping boost cargo theft rebound in Canada, U.S.

Food, alcohol, building materials, electronics, metals top targets for supply chain crooks
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CWB Financial reports first-quarter profit up from year ago

CWB Financial reports first-quarter profit up from year ago

EDMONTON — CWB Financial Group reported its first-quarter profit rose compared with a year ago, helped by a reversal of a previously recognized impaired loan writeoff.
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