Business

The Alberta Securities Com-mission says a Calgary-based insurance investment firm ran a huge Ponzi scheme that cost investors in western Canada millions. The ASC says hundreds of investors lost $54 million in the scam.

Seaspan prepares for rebirth of shipbuilding in B.C.; federal ships coming and new ferries now possible

Sidney-based Slegg Lumber is about to add its 12th location by moving into the Keating Industrial Park.

Federal cabinet will be asked to intervene

Microsoft Corp.'s net income fell 22 per cent in the latest quarter as it deferred revenue from the sale of its upcoming Windows 8 operating system to PC makers - and as PC sales in general took a dive.

An Alberta Securities Commission panel has dismissed insider trading allegations against an Edmonton businessman, ruling Friday that there's no direct proof that Nizar Somji tipped off family members ahead of market-moving news at his former company.

Saskatchewan has identified the first 10 federal community pastures to be transferred to the province which will then lease them out.

Greater Victoria's tourism industry got a much-needed boost in September thanks to great weather. According to statistics released by Chemistry Consulting, record sunshine and well-below-normal precipitation levels had hotels humming.

Seattle coffee giant cracks massive market

The maker of Banana Boat sunscreen is recalling some of its spray-on products in Canada and the U.S. following reports that some people have caught on fire after applying the lotion and coming into contact with an open flame.