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Economy, Law & Politics

Canadians opting for shorter mortgage terms as they hope for declining interest rates

Canadians opting for shorter mortgage terms as they hope for declining interest rates

OTTAWA — With mortgage rates at their highest level in more than a decade, home owners and prospective buyers tend to focus on getting the best rate. While shopping around, however, experts say borrowers shouldn't forget about term length.
Who’s Suing Whom: June 15, 2023

Who’s Suing Whom: June 15, 2023

The latest from the B.C. Supreme Court
FOI records reveal planning details of B.C. premier’s meeting with Washington governor

FOI records reveal planning details of B.C. premier’s meeting with Washington governor

Records obtained via freedom of information request also show an email exchange between a Washington government staffer and former Vancouver mayor Gregor Robertson
Canada halts activity at Asian development bank, looks to review its membership

Canada halts activity at Asian development bank, looks to review its membership

OTTAWA — Finance Minister Chrystia Freeland announced Wednesday that Canada will halt all government-led activity at the Asian Infrastructure Investment Bank after a Canadian citizen tendered his resignation from the financial institution.
Household debt level rises as interest rates bite into cash flow

Household debt level rises as interest rates bite into cash flow

OTTAWA — Canadians have less cash to spend even as they are taking on more debt, Statistics Canada reported Wednesday, at a time when interest rates are the highest they've been in decades.
Foreign interference demands proper law enforcement, says former B.C. solicitor general

Foreign interference demands proper law enforcement, says former B.C. solicitor general

Richmond Coun. Kash Heed says arrests and prosecutions would reduce calls for a public inquiry on the issue.
In the Courts: B.C. rancher wrong to backtrack on land acquisition plans, says judge

In the Courts: B.C. rancher wrong to backtrack on land acquisition plans, says judge

Co-owner of ranching company wanted to keep grazing lands within own family
Quantum computing pioneer D-Wave ditching B.C. headquarters for U.S.

Quantum computing pioneer D-Wave ditching B.C. headquarters for U.S.

D-Wave's outside accounting firm has declined to stand for re-election, according to SEC filing
Rob Shaw: In Abbotsford, the homeless encampment will come down, but is it too late?

Rob Shaw: In Abbotsford, the homeless encampment will come down, but is it too late?

Housing Minister Ravi Kahlon recognizes it's only one step on a long road
Data points: The number of B.C. EI recipients remained low in March

Data points: The number of B.C. EI recipients remained low in March

B.C.’s labour market saw little change in March, writes economist Bryan Yu
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