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Economy, Law & Politics

U.S. SEC demands $168.9M from seven B.C. residents in massive stock fraud case

U.S. SEC demands $168.9M from seven B.C. residents in massive stock fraud case

The U.S. Securities and Exchange Commission has issued monetary orders to a federal court in Boston against five British Columbians found liable of committing and facilitating stock fraud.
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Subcontractor sues school district, Burnaby North Secondary School builder for $2.8M

Subcontractor sues school district, Burnaby North Secondary School builder for $2.8M

Surrey's PMC Builders & Developers Ltd. claims it is owed nearly $2.8 million in unpaid work, materials and 'extras' under a subcontract for the construction of the new Burnaby North Secondary School.
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New West mayor defends trip to Dubai amid 'fake controversy'

New West mayor defends trip to Dubai amid 'fake controversy'

New Westminster Mayor Patrick Johnstone is adamant no policies or regulations violated for his trip to COP28.
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Kelowna houseboat company hit with $15K liquor board fine

Kelowna houseboat company hit with $15K liquor board fine

Fine comes after covert operation was undertaken by the liquor board and the RCMP
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Canada experienced surprising drop in M&A activity in 2023: PwC

Canada experienced surprising drop in M&A activity in 2023: PwC

Financial services firm now expects deal levels return to normal in 2024
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Housing crunch prompts efforts to stabilize immigration levels, say federal ministers

Housing crunch prompts efforts to stabilize immigration levels, say federal ministers

OTTAWA — Housing Minister Sean Fraser and Immigration Minister Marc Miller say the federal government is working to stabilize the number of people entering the country every year as housing pressures mount.
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73% of pot purchases from legal sources, up from 37% in 2019: Health Canada

73% of pot purchases from legal sources, up from 37% in 2019: Health Canada

OTTAWA — An annual survey from Health Canada shows 73 per cent of respondents are buying their cannabis from legal sources. That number compares with 37 per cent in 2019, the year after Canada first legalized cannabis.
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Income gap between new immigrants and all Canadians shrunk by half in four years: PBO

Income gap between new immigrants and all Canadians shrunk by half in four years: PBO

OTTAWA — The income gap between Canada's newest immigrants and other Canadian workers has narrowed significantly, a new report from the parliamentary budget officer said Friday.
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Vancouver reignites crackdown on hookah lounges

Vancouver reignites crackdown on hookah lounges

City is taking Ahwaz Hookah House to court Jan. 16
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Ex-B.C. Conservatives president dies in Maple Ridge car crash

Ex-B.C. Conservatives president dies in Maple Ridge car crash

Darryl Seres was preparing to run in the Boundary-Similkameen riding
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