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Economy, Law & Politics

Vancouver-based Westport reports $49.7M net loss in 2023

Vancouver-based Westport reports $49.7M net loss in 2023

The company posted US$331.8 million in revenue in 2023, an 8.5 per cent increase from the previous year
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CRA fires 232 people for falsely claiming $2,000 monthly pandemic benefit

CRA fires 232 people for falsely claiming $2,000 monthly pandemic benefit

OTTAWA — The Canada Revenue Agency has now fired more than 200 people for falsely claiming a federal income benefit during the COVID-19 pandemic.
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Economists defend Liberals' carbon price as political rhetoric heats up

Economists defend Liberals' carbon price as political rhetoric heats up

OTTAWA — Dozens of Canadian economists issued an ardent defence of Canada's price on pollution Tuesday, as the government faces increased pressure from the Conservatives and provincial premiers to cancel a planned increase to the levy.
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CFIB says 200,000 small businesses took new loans to meet CEBA repayment deadline

CFIB says 200,000 small businesses took new loans to meet CEBA repayment deadline

TORONTO — Roughly 200,000 small businesses took on new debt to access the forgivable portion of their pandemic relief loans from the federal government, the Canadian Federation of Independent Business said Tuesday.
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B.C. jade miners sue government over Tahltan eviction

B.C. jade miners sue government over Tahltan eviction

Miners seek compensation for wrongful expropriation of mineral claims
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Need to improve Canadian productivity has reached emergency level, BoC official says

Need to improve Canadian productivity has reached emergency level, BoC official says

HALIFAX — A senior Bank of Canada official says the need to improve productivity has reached an emergency level as the economy faces a future where inflation may be more of a threat than in the past few decades.
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Mario Canseco: Small majorities happy with B.C. government's pandemic performance

Mario Canseco: Small majorities happy with B.C. government's pandemic performance

B.C. residents ready to ditch restrictions, says survey
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FDA approves B.C. company's cancer diagnostic device

FDA approves B.C. company's cancer diagnostic device

Vancouver's Stemcell developed device to improve detection, treatment of plasma cell cancer.
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North Vancouver councillor calls for audit of sewage plant budget hike

North Vancouver councillor calls for audit of sewage plant budget hike

DNV Coun. Catherine Pope says the projected costs for the project, now pegged at $3.86 billion, are 'unacceptable' for North Shore taxpayers
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Baldrey: Making sense of B.C.'s 35 new provincial electoral ridings

Baldrey: Making sense of B.C.'s 35 new provincial electoral ridings

Political columnist Keith Baldrey explains how the new electoral areas "speak volumes" to the province's growth in the last 40 years.
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