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Economy, Law & Politics

Two-bedroom rent expected to hit $2,800 in Metro Vancouver

Two-bedroom rent expected to hit $2,800 in Metro Vancouver

The good news is that new rental homes are being constructed more than ever; the bad news is that overall construction will still not keep pace with demand.
Statistics Canada says merchandise trade deficit $2.3 billion in March

Statistics Canada says merchandise trade deficit $2.3 billion in March

OTTAWA — Canada posted a merchandise trade deficit of $2.3 billion in March, its largest deficit since June last year, Statistics Canada said Thursday.
Centralized market would help community bonds scale up: report

Centralized market would help community bonds scale up: report

TORONTO — An innovative funding model for community groups could grow to become more mainstream through better co-ordination and awareness, said a new report out Thursday.
Young investors more likely to switch advisers, citing high fees: J.D. Power survey

Young investors more likely to switch advisers, citing high fees: J.D. Power survey

TORONTO — Traditional wealth management firms are at an increasing risk of losing younger clients, particularly as new rules to make investment fees more transparent loom, a new survey shows. An investor satisfaction study released Thursday by J.D.
Should I invest with a human or a robot? Traditional firms vs. robo-advisors

Should I invest with a human or a robot? Traditional firms vs. robo-advisors

Investors considering where to park their money have a choice: go with a traditional financial adviser or trust in an algorithm.
Why economic growth sits atop Canadian policymakers' agenda

Why economic growth sits atop Canadian policymakers' agenda

Drawing on insights from their recent book, two academics shed light on why Canada’s anemic growth should be a cause for concern.
Vancouver council considers 'modifying' moratorium on gambling expansion

Vancouver council considers 'modifying' moratorium on gambling expansion

Parq Casino, Hastings Racecourse interested in increasing slots, table games.
B.C. to provide $155.7M to recruit and retain specialized health workers

B.C. to provide $155.7M to recruit and retain specialized health workers

VANCOUVER — The British Columbia government is spending more money to recruit and retain health-science workers, while expanding an incentive program to dozens more rural communities. Health Minister Adrian Dix says $155.
Saks says drug criminalization decision 'urgent', B.C. says feds have all they need

Saks says drug criminalization decision 'urgent', B.C. says feds have all they need

OTTAWA — Addictions Minister Ya'ara Saks said she needs more information before prohibiting public use of illicit drugs again in British Columbia, but the province says she already has everything she needs. The B.C.
Macklem says he doesn't think federal budget will have much of an impact on inflation

Macklem says he doesn't think federal budget will have much of an impact on inflation

OTTAWA — Bank of Canada governor Tiff Macklem said he doesn't think the federal budget tabled last month will have much of an effect on inflation.