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Economy, Law & Politics

Economists see 'turning point' in housing market this year as interest rate cuts loom

Economists see 'turning point' in housing market this year as interest rate cuts loom

After a year marked by caution and shifting expectations spurred by rising borrowing costs, economists believe the Canadian housing market could be in for a rebound in 2024.
Coquitlam company boosting N95 mask production with the province's help

Coquitlam company boosting N95 mask production with the province's help

Novo Textiles pivoted in 2020 from manufacturing pillows and dog beds to making surgical masks to help with the COVID-19 crisis.
Health minister expects even bigger demands on health-care system in 2024

Health minister expects even bigger demands on health-care system in 2024

But Adrian Dix says the province is moving in the right direction, with new hirings of doctors, nurses and other health professionals, as well as more surgeries and tests
B.C. resident agrees to $667K penalty in U.S. stock fraud case

B.C. resident agrees to $667K penalty in U.S. stock fraud case

B.C. resident Vincenzo Carnovale neither admits nor denies the allegations he took part in stock fraud against U.S. investors.
Wallets beware: What will cost more in B.C. in 2024?

Wallets beware: What will cost more in B.C. in 2024?

British Columbians should expect sustained cost-of-living pressures into 2024 based on a scan of what many life necessities will cost this year as compared to last year.
'Prominent' person in B.C. wine industry under investigation for sex assault: RCMP

'Prominent' person in B.C. wine industry under investigation for sex assault: RCMP

OLIVER, B.C. — Police in Oliver, B.C., say they're investigating a "prominent member" of the province's wine industry for an alleged sexual assault on a Mexican migrant worker.
Consumer and business insolvencies continued to rise in November

Consumer and business insolvencies continued to rise in November

Insolvencies in November were 5.1 per cent higher than in October, and 24.4 per cent higher than a year earlier.
Fraser Institute: B.C.’s attempt to reduce cash-for-density deals may fall short

Fraser Institute: B.C.’s attempt to reduce cash-for-density deals may fall short

Addressing the issue of community amenity contributions is commendable, but it might not reduce relatively astronomical fees paid to build housing units
Inside a Chinese Communist Party official’s visit to Vancouver city hall

Inside a Chinese Communist Party official’s visit to Vancouver city hall

FOI documents reveal plans for security, gifts and protocol
B.C. adds 18K jobs in December as end of Hollywood strikes revives film sector

B.C. adds 18K jobs in December as end of Hollywood strikes revives film sector

Unemployment rate grows to 5.8% as more people enter workforce.