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Economy, Law & Politics

U.S. grand jury indictment issued to four B.C. residents accused of stock fraud

U.S. grand jury indictment issued to four B.C. residents accused of stock fraud

Offshore shell facilitator and former lawyer Fred Sharp of West Vancouver and three alleged associates are facing criminal securities fraud allegations in a grand jury indictment.
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Health minister chides U.S. officials over cost-saving scheme to buy Canadian drugs

Health minister chides U.S. officials over cost-saving scheme to buy Canadian drugs

OTTAWA — Health Minister Mark Holland has been calling around to United States officials to let them know that the Canadian government will be guarding its medical drug supply after the U.S. moved to allow states to mass import medicine from Canada.
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Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Tuesday on the Toronto Stock Exchange: Toronto Stock Exchange (20,948.09, up 113.79): Royal Bank of Canada. (TSX:RY). Finance. Up 35 cents, or 0.26 per cent, to 132.80 on 11 million shares.
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Ontario, B.C. mayors urge Ottawa to create plan to combat business extortion threats

Ontario, B.C. mayors urge Ottawa to create plan to combat business extortion threats

Two Canadian mayors are imploring the federal government to help create a multi-jurisdictional strategy to combat what they say are rising extortion threats towards businesses in their cities, particularly South Asian ones.
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Most Surrey businesses struggling to pay back CEBA loans: survey

Most Surrey businesses struggling to pay back CEBA loans: survey

Results mirror anecdotal reports provincewide
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Public support for amended B.C. EV mandate falls dramatically, polling finds

Public support for amended B.C. EV mandate falls dramatically, polling finds

More British Columbians finds themselves questioning whether the province's ambitious electric vehicle mandates are achievable
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Stocks in for a positive year with rate cuts, economic recovery in sight: report

Stocks in for a positive year with rate cuts, economic recovery in sight: report

TORONTO — Stock and bond markets have a bumpy year ahead of them but will end 2024 on a positive note as they navigate the last mile of inflation and tightened monetary policy, a new report from Edward Jones says.
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Taiwan election result good news for the West, not so much for China

Taiwan election result good news for the West, not so much for China

When Lai Ching-te formally becomes president in May, he'll have to proceed with a "sense of humility," says one UBC professor.
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Rob Shaw: Minister Mitzi Dean runs out of resets

Rob Shaw: Minister Mitzi Dean runs out of resets

The ongoing stumbles of the former children’s minister finally caused the premier to lose his patience
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B.C. inflation rises to 3.4% in December

B.C. inflation rises to 3.4% in December

December marks second month in a row West Coast inflation refused to cool
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