economy

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ESPN announces layoffs as part of cost cutting by Disney

ESPN began informing employees of layoffs Monday, which are job cuts that…

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Michael Goehring, President of the Mining Association of B.C., says a new survey shows that the public digs the industry because of its role in fighting climate change.

Critical mineral chase may be opening B.C. up to new mining opportunities

Climate change has changed ‘conversation’ about mining in B.C., says head of industry association

Michael Goehring, President of the Mining Association of B.C., says a new survey shows that the public digs the industry because of its role in fighting climate change.
Access to public charging stations has increased, but concerns about their availability remain.(Black Press Media file photo)

B.C. drivers love their EVs, but many worry about long road trips: BCAA survey

Survey notes 67% still own gas vehicles for longer journeys

Access to public charging stations has increased, but concerns about their availability remain.(Black Press Media file photo)
Access to public charging stations has increased, but concerns about their availability remain.(Black Press Media file photo)

B.C. drivers love their EVs, but many worry about long road trips: BCAA survey

Survey notes 67% still own gas vehicles for longer journeys

Access to public charging stations has increased, but concerns about their availability remain.(Black Press Media file photo)
A rendering of the proposed Roberts Bank Terminal 2 Project, located to the northwest of the existing Roberts Bank terminals in Delta. Ottawa has approved the project subject to 370 legally binding conditions to protect the environment, including to prevent harm to local species, but environmentalists fear the worst. (Port of Vancouver image)

Ottawa cites jobs, capacity, approves B.C.’s Roberts Bank Terminal 2 port expansion

Approval of port expansion a ‘death sentence’ for southern resident killer whales: environmentalist

A rendering of the proposed Roberts Bank Terminal 2 Project, located to the northwest of the existing Roberts Bank terminals in Delta. Ottawa has approved the project subject to 370 legally binding conditions to protect the environment, including to prevent harm to local species, but environmentalists fear the worst. (Port of Vancouver image)
Minister of Finance Katrine Conroy said she is glad to see inflation go down, adding government remains in discussion with Ottawa about housing.

Inflation trending down in B.C., but housing costs up thanks to rising interest on mortgages

The Bank of Canada is holding the interest rate at 4.5%

Minister of Finance Katrine Conroy said she is glad to see inflation go down, adding government remains in discussion with Ottawa about housing.
Iglika Ivanova, senior economist and public interest researcher at Canadian Centre for Policy Alternatives, BC Office, calls the dental plan part of this year’s federal budget a significant investment but laments the lack of money for housing and infrastructure. (Courtesy of Unsplash)

Underfunded transit systems, combatting ‘sky-high’ rent missing in federal budget

Dental program will benefit many lower-income British Columbians but more help is needed

Iglika Ivanova, senior economist and public interest researcher at Canadian Centre for Policy Alternatives, BC Office, calls the dental plan part of this year’s federal budget a significant investment but laments the lack of money for housing and infrastructure. (Courtesy of Unsplash)
The latest report from the Angus Reid Institute indicates a third of Canadians are describing their financial situation as ‘bad’ or ‘terrible’ is the cost of living crisis continues. (Black Press Media file photo)

A third of Canadians in ‘bad’ or ‘terrible’ financial shape: report

The latest data from the Angus Reid Report shows the cost of living crisis continues nation-wide

The latest report from the Angus Reid Institute indicates a third of Canadians are describing their financial situation as ‘bad’ or ‘terrible’ is the cost of living crisis continues. (Black Press Media file photo)
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As India’s population soars above all, fewer women have jobs

Sheela Singh cried the day she handed in her resignation. For 16…

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Grocery clerks and food service staff will be among the 150,000 British Columbians getting a pay raise when the minimum wage increases on June 1 to to $16.75 from $15.65. (Contributed)

B.C.’s minimum wage going up by $1.10 to $16.75 on June 1

Minister of Labour Harry Bains announced the increase Wednesday at a coffee shop in Victoria

Grocery clerks and food service staff will be among the 150,000 British Columbians getting a pay raise when the minimum wage increases on June 1 to to $16.75 from $15.65. (Contributed)
Minister of Foreign Affairs Mélanie Joly rises during Question Period in the House of Commons on Parliament Hill in Ottawa on Monday, March 27, 2023. Economists and geopolitical experts say this week’s federal budget is confirmation that the Trudeau government sees the future of Canadian trade as relying more on allied countries, even if it is results in more expensive goods. THE CANADIAN PRESS/Justin Tang

Ottawa is going all in on ‘friendshoring.’ Here’s what that could mean.

Canada set to deepen economics ties with certain allies

Minister of Foreign Affairs Mélanie Joly rises during Question Period in the House of Commons on Parliament Hill in Ottawa on Monday, March 27, 2023. Economists and geopolitical experts say this week’s federal budget is confirmation that the Trudeau government sees the future of Canadian trade as relying more on allied countries, even if it is results in more expensive goods. THE CANADIAN PRESS/Justin Tang
A man walks though a downtown Toronto office building with other buildings reflected in a window in this June 11, 2019 photo. The future of Canada’s social safety net is pending after the federal budget made no mention of employment insurance reform, despite the Liberals having promised to modernize the program. THE CANADIAN PRESS/Graeme Roy

As economy slows, Feds push off EI reform over worries it could drive up premiums

Expanding eligibility prior to a recession would be costly for the government

A man walks though a downtown Toronto office building with other buildings reflected in a window in this June 11, 2019 photo. The future of Canada’s social safety net is pending after the federal budget made no mention of employment insurance reform, despite the Liberals having promised to modernize the program. THE CANADIAN PRESS/Graeme Roy
Na’moks, a spokesman for the Wet’suwet’en hereditary chiefs, holds a press conference in Smithers, B.C., Tuesday, Jan.7, 2020, on the one-year anniversary of RCMP enforcement of an injunction granted to Coastal GasLink. THE CANADIAN PRESS/Amy Smart
Na’moks, a spokesman for the Wet’suwet’en hereditary chiefs, holds a press conference in Smithers, B.C., Tuesday, Jan.7, 2020, on the one-year anniversary of RCMP enforcement of an injunction granted to Coastal GasLink. THE CANADIAN PRESS/Amy Smart
According to Statistics Canada, inflation in B.C. stayed at 6.2 per cent in February 2023 relative to January. While prices at the pumps dropped, rents rose. Inflation dropped across Canada to 5.2 per cent in February, down from 5.9 per cent in January. (Black Press Media File)

Can it get any worse? 33% in B.C. expect they’ll face even more financial woes in 2024

Inflation also remains sticky in BC at 6.2 per cent in February, while down across Canada

According to Statistics Canada, inflation in B.C. stayed at 6.2 per cent in February 2023 relative to January. While prices at the pumps dropped, rents rose. Inflation dropped across Canada to 5.2 per cent in February, down from 5.9 per cent in January. (Black Press Media File)
Most British Columbians fear fraud will be worse during the looming recession, but almost 90 per cent say they are too tired to be on the look out for scam, according to a survey from RBC. (Pixabay photo)

B.C. residents worried fraud risk growing and they’re too weary to be more careful

Two of three British Columbians fear fraud will be worse during recession than during COVID-19: RBC

Most British Columbians fear fraud will be worse during the looming recession, but almost 90 per cent say they are too tired to be on the look out for scam, according to a survey from RBC. (Pixabay photo)
Artemis Gold has received provincial approval for its open-pit Gold mine some 112 kilometres southwest of Vanderhoof (Photo Courtesy of Artemis Gold)

Northern B.C. gold mine gets provincial approval after 7 years of consideration

Artemis Gold Thursday (March 9) received approval for its Blackwater Mine project

Artemis Gold has received provincial approval for its open-pit Gold mine some 112 kilometres southwest of Vanderhoof (Photo Courtesy of Artemis Gold)
A report from Destination Vancouver predicts that the demand for hotel rooms in the City of Vancouver will start outstripping supply in 2026, in Metro Vancouver by 2030 with consequences for the rest of the province. (Photo courtesy of James Smith)

No Vacancy: Lack of hotels in Vancouver could bring loss of $31B by 2050, report says

Hotel industry leader to discuss predicted hotel room shortage at industry conference in Kelowna

A report from Destination Vancouver predicts that the demand for hotel rooms in the City of Vancouver will start outstripping supply in 2026, in Metro Vancouver by 2030 with consequences for the rest of the province. (Photo courtesy of James Smith)
Eleven-year-old Ian Milos, shown in a family handout photo, was infected with COVID-19 two years ago and was diagnosed with long COVID by a pediatrician last fall. THE CANADIAN PRESS/HO

Report says long COVID could impact economy and be ‘mass disabling event’ in Canada

It’s becoming clear COVID-19 raises risk of chronic diseases including diabetes and hypertension

Eleven-year-old Ian Milos, shown in a family handout photo, was infected with COVID-19 two years ago and was diagnosed with long COVID by a pediatrician last fall. THE CANADIAN PRESS/HO
The provincial government has tabled legislation to ensure gender-pay transparency but critics say it does not go far enough. (Pexels/Contributed)

B.C. employers will have to report pay ranges as part of gender-gap legislation

Finance Minister Katrine Conroy introduces the legislation one day before International Women’s Day

The provincial government has tabled legislation to ensure gender-pay transparency but critics say it does not go far enough. (Pexels/Contributed)
BC Liberal leader Kevin Falcon calls on government to approve outstanding LNG projects to help Europe find alternative energy forms as the world marks the one-year-anniversary of Russia’s attack on Feb. 24. THE CANADIAN PRESS/John Woods

B.C. has ‘obligation’ to help Europe find alternative forms of energy: Falcon

Falcon made the statement as world marks one-year-anniversary of Russia’s attack on Ukraine

BC Liberal leader Kevin Falcon calls on government to approve outstanding LNG projects to help Europe find alternative energy forms as the world marks the one-year-anniversary of Russia’s attack on Feb. 24. THE CANADIAN PRESS/John Woods