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Economy, Law & Politics

B.C. firms have raised $888M in venture capital in 2023, says report

B.C. firms have raised $888M in venture capital in 2023, says report

Venture capital investments were down in the third quarter of 2023, CVCA reports
Provinces licensing wolf fur farms, B.C. group reveals

Provinces licensing wolf fur farms, B.C. group reveals

An animal rights group says the discovery was the first time anyone has found a wolf farm in Canada.
Fiscal update includes loans for housing developers, affordable housing fund: source

Fiscal update includes loans for housing developers, affordable housing fund: source

OTTAWA — Finance Minister Chrystia Freeland is set to present the fall economic statement on Tuesday, a document that will make billions in loans available for homebuilders and earmark a fund for affordable housing.
Economists expect inflation slowed again in October as high interest rates take hold

Economists expect inflation slowed again in October as high interest rates take hold

OTTAWA — Forecasters anticipate Canada's inflation rate took another dip in October as gasoline prices fell from the previous month and grocery prices rose more slowly.
Health profession opening their minds to psychedelics, North Vancouver researcher says

Health profession opening their minds to psychedelics, North Vancouver researcher says

Magic mushrooms are still illegal, but researchers say they are showing great promise in treating mental illness
DPD chief appeals to Canada’s police chiefs in call for port police

DPD chief appeals to Canada’s police chiefs in call for port police

Dubord said he’s asking for the police chiefs’ endorsement saying the association is a “powerful catalyst” in advocating for needed changes
Rob Shaw: ‘Double-whammy’ coming this week for owners of short-term rentals

Rob Shaw: ‘Double-whammy’ coming this week for owners of short-term rentals

A bitter blow or an overdue move? Changes are afoot for short-term rental owners, writes Rob Shaw
Another work camp threatens Alaska Highway lodge, owner says

Another work camp threatens Alaska Highway lodge, owner says

Lodge and camp owners in Northern B.C. say the addition of another work camp will harm the local business community. 
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.