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West Vancouver man banned from B.C. markets after $1B penny stock fraud case in U.S.

West Vancouver man banned from B.C. markets after $1B penny stock fraud case in U.S.

Fred Sharp of West Vancouver was the 'mastermind' of securities fraud schemes involving over $1 billion worth of transactions, a U.S. court ruled.
B.C. hotel industry struggling with labour shortages, increased costs

B.C. hotel industry struggling with labour shortages, increased costs

Prince George's role as service hub helped maintain demand for hotel rooms during pandemic
In the Courts: ‘$1, and natural love and affection’ not worth $2M property

In the Courts: ‘$1, and natural love and affection’ not worth $2M property

B.C.
West Fraser Timber reports loss in Q4 as interest rates weigh on U.S. construction

West Fraser Timber reports loss in Q4 as interest rates weigh on U.S. construction

West Fraser Timber Co. Ltd. says it saw losses of US$94 million in the fourth quarter of 2022, down more than 128 per cent from earnings of US$334 million during the same quarter a year earlier. The company, which reports in U.S.
BCIT gets $16.5M for new aerospace, biomanufacturing programs

BCIT gets $16.5M for new aerospace, biomanufacturing programs

In hopes of solving labour shortages in various industries, the provincial and federal governments have come together to provide funding to the B.C.
Metro Vancouver mayors ask for $500M to match inflation and growth demands on TransLink

Metro Vancouver mayors ask for $500M to match inflation and growth demands on TransLink

"Our challenge is no longer just about surviving the effects of the pandemic and inflation," says Brad West, mayor of Port Coquitlam and chair of the Mayors' Council.
B.C. home sales cut in half as high borrowing costs depress sales activity

B.C. home sales cut in half as high borrowing costs depress sales activity

Home sales in Greater Vancouver are close to the lowest they can get, says BCREA economist
What tech layoffs, temporary foreign workers and boomers mean for the labour force

What tech layoffs, temporary foreign workers and boomers mean for the labour force

Canada's economy has seen a constant stream of layoffs hitting companies from the tech sector and beyond in recent months while many employers lament a shortage of workers, but neither seem to be weighing heavily on the country's jobs numbe
Tourism minister pitches reopening Royal B.C. Museum's Old Town exhibit

Tourism minister pitches reopening Royal B.C. Museum's Old Town exhibit

"There is potential for it to reopen in the future, parts of it, definitely," says B.C. tourism minister. The Royal B.C. Museum had announced in November 2021 that it was closing sections of its third floor “to start the process of decolonization in those galleries.”
Rising inflation, down-bound market demand reducing West Coast port congestion

Rising inflation, down-bound market demand reducing West Coast port congestion

But transpacific trade downturn threatens financial bottom lines at major port terminals