Finance
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B.C.’s October storms did $110 million in damage: reportIntense flooding that hammered British Columbia's coast last month has led to more than $110 million in insured damage claims.Nov 15, 2024
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B.C. ended 2023 fiscal year with $5B deficitBritish Columbia has ended the fiscal year with a deficit of about $5 billion, some $900 million lower than the most recent forecast, but higher than last year's budget had called for.PoliticsAug 22, 2024
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Crypto platform diverted $13M from customers, B.C. regulator saysThe B.C. Securities Commission found a cryptocurrency trading platform and its owner lied to customers and diverted about $13 million in assets to gambling and personal accounts.CrimeAug 12, 2024
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‘Welcome news’: CRA handling of bare trust filing to be probedAccording to the Canada Revenue Agency, a total of 51,578 bare trust forms for the 2023 tax year had been received as of June 14, amid confusion over the filing requirement.CanadaJul 11, 2024
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‘Difficult moment of time’: Canadians struggling financially despite cooling inflationA new study by TransUnion Canada found 46 per cent of respondents felt their household finances were worse than planned at this point in 2024.CanadaJul 10, 2024
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Accounting fix could improve B.C. fiscal estimates, says auditor generalB.C.'s auditor general says the provincial government is using more up-to-date information to forecast income tax revenue, something he expects to improve financial estimates.PoliticsMar 11, 2024
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A long-awaited change to Canadian banking is coming. What to knowChange is in the works that will give Canadian consumers and businesses significantly more control over their financial data, in what’s known as open banking.MoneyMar 10, 2024
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More young adults are getting scammed despite tech-savviness: surveyNearly a third of Canadian young adults between the ages of 18 and 34 say they've fallen victim to financial fraud, a TD Bank survey has found.CanadaFeb 28, 2024
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Former Manitoba government presented ‘incomplete’ financial picture, report saysA review ordered by the NDP found Manitoba's former PC government presented an incomplete picture of the province's financial pressures, leading up to the provincial election.PoliticsFeb 23, 2024
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Indigo CEO calls 2023 a ‘challenging’ year as revenues down in third quarterHeather Reisman described 2023 as a year marred by "disruptions", including a ransomware attack and a "challenging" economic environment.CanadaFeb 9, 2024
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