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Economy, Law & Politics

CRA claws back $458 million in pandemic-era wage subsidies after partial audit

CRA claws back $458 million in pandemic-era wage subsidies after partial audit

OTTAWA — The Canada Revenue Agency has denied or adjusted $458 million in funds disbursed to employers through a pandemic-era wage subsidy program as a result of a partially completed auditing process.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week.
Eby tells NDP convention he's 'nowhere near satisfied,' more on housing, climate

Eby tells NDP convention he's 'nowhere near satisfied,' more on housing, climate

Premier David Eby told more than 700 cheering delegates at the B.C. NDP convention that he will leave no stone unturned on the housing front, while recent experiences with wildfires, floods and landslides mean the fight against climate change must continue.
Hearing into repayment of Martel investor adjourned until new year

Hearing into repayment of Martel investor adjourned until new year

The receiver has filed a suit claiming a payment of $2.36 million made by Martel’s company, My Mortgage Auction, to an investor on March 8 was made preferentially while the company was insolvent
B.C. investor sees return of $900K mortgage funds after illegal fundraising

B.C. investor sees return of $900K mortgage funds after illegal fundraising

Geoffrey Rajay Sidhu misappropriated $900,000 from an investor who took out a mortgage against their home understanding it would be invested in a company.
'Desperate' Metro Vancouver renews $3.5B infrastructure plea to feds

'Desperate' Metro Vancouver renews $3.5B infrastructure plea to feds

Metro Vancouver board chair George Harvie asked Ottawa Friday to pay for a third of a $10-billion wastewater plant upgrade and over $200 million for affordable housing.
Vancouver expands reduction in parking requirements for new construction

Vancouver expands reduction in parking requirements for new construction

Nov. 15 move follows elimination of downtown parking minimums in 2019
What Xi said: Trudeau urged Chinese president to maintain an open channel with Canada

What Xi said: Trudeau urged Chinese president to maintain an open channel with Canada

SAN FRANCISCO — Canada and China need to keep in touch, Prime Minister Justin Trudeau said he told Xi Jinping during a chance encounter this week at the annual economic summit of Pacific Rim leaders that wrapped up Friday in northern California.
Alleged B.C. stock manipulators turned back at Supreme Court of Canada

Alleged B.C. stock manipulators turned back at Supreme Court of Canada

Fred Sharp of West Vancouver and three other B.C. residents have had their appeal of a Quebec tribunal action dismissed at the highest court; the United States has dubbed Sharp the 'mastermind' of an unrelated major stock fraud case.
Rob Shaw: B.C.’s $3M anti-racism hotline has taken years to launch. Why?

Rob Shaw: B.C.’s $3M anti-racism hotline has taken years to launch. Why?

Premier David Eby, who once had oversight of the project, unable to explain delays behind BC 211 hotline
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