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Economy, Law & Politics

Private forecasters see economic growth in B.C. slowing to 0.5 per cent next year

Private forecasters see economic growth in B.C. slowing to 0.5 per cent next year

VICTORIA — Private-sector forecasters in British Columbia say they agree with the government's recent projection that economic growth will slow next year.
Canada's grocery retail sector one of the most competitive on Earth: Sobeys CEO

Canada's grocery retail sector one of the most competitive on Earth: Sobeys CEO

OTTAWA — The top executive at Sobeys asserted on Monday that Canada has one of the most competitive grocery retail sectors on the planet — even as Canadians continue to feel the bite of higher prices.
Criminal use of cryptocurrency expected to grow, Canada's financial intel agency says

Criminal use of cryptocurrency expected to grow, Canada's financial intel agency says

OTTAWA — Canada's financial intelligence agency says it anticipates that criminals will increase their use of cryptocurrency to raise, move and hide funds outside the traditional banking system.
Assembly of First Nations to elect new national chief in Ottawa this week

Assembly of First Nations to elect new national chief in Ottawa this week

OTTAWA — The Assembly of First Nations is set to elect a new national chief this week in Ottawa during a three-day special assembly.
Drought took big bite out of BC Hydro revenue

Drought took big bite out of BC Hydro revenue

Lower reservoir levels led to lower income from power trading
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

Five things to watch for in the Canadian business world in the coming week.
B.C. mayors object to unpoliced ports as fentanyl crisis endures

B.C. mayors object to unpoliced ports as fentanyl crisis endures

Delta Mayor George Harvie says there's no coincidence B.C. is grappling with a horrible illicit drug overdose crisis as its ports remain unpoliced.
New program offers interest-free loans to B.C. tourism businesses

New program offers interest-free loans to B.C. tourism businesses

PacifiCan initiative provides repayable funding of up to $250K to help tourism operations grow.
‘A return to normalcy’ as VC investments take a breather in B.C.

‘A return to normalcy’ as VC investments take a breather in B.C.

Despite drop in venture capital dollars, private equity made gains during the first three quarters of 2023
High borrowing costs make deficits harder to defend

High borrowing costs make deficits harder to defend

One in every 10 dollars spent by federal government now goes to servicing debt