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Economy, Law & Politics

Rob Shaw: B.C.’s rushed surplus spending bonanza raises reform questions

Rob Shaw: B.C.’s rushed surplus spending bonanza raises reform questions

There’s an old adage buried deep within very serious political science textbooks that goes something like this: When you got mo’ money, you got mo’ problems. The B.C.
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Opinion: High spending triggers avalanche of debt in B.C.

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

The most striking aspect of the Eby government’s first budget was the eye-popping deficit and debt projections. The budget forecasts a cumulative $11 billion deficit over the next three years.
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Household debt-to-income ratio edges lower as interest payments expand

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

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

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

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

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

TORONTO — 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.
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Who’s Suing Whom: March 13, 2023

Who’s Suing Whom: March 13, 2023

The latest from the B.C. Supreme Court
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Top business stories of the week (March 6-10)

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

What we've been following in business this past week
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'Cowardly' anonymous attacks on journalist covering COVID denounced by B.C. judge

'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.
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Why critical minerals are such a big deal for Canada’s economy

Why critical minerals are such a big deal for Canada’s economy

Natural resources minister discusses LNG, hydrogen and critical minerals
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Class-action lawsuit proposed for shareholders affected by Adastra cocaine claim

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

VANCOUVER — 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.
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