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Bank of Canada holds key rate for first time in a year, leaves door open to hikes

Bank of Canada holds key rate for first time in a year, leaves door open to hikes

OTTAWA — The Bank of Canada is holding its key interest rate steady for the first time in a year while reiterating it is taking a wait-and-see approach with monetary policy.
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B.C. auditor general renews calls for better fraud risk management in public bodies

B.C. auditor general renews calls for better fraud risk management in public bodies

VICTORIA — British Columbia auditor general Michael Pickup says the province's public institutions are susceptible to fraud, but he can't release specifics about the theft and corruption reported to his office in a survey conducted this year.
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Grocery CEOs deny accusations that food price inflation is driven by profit-mongering

Grocery CEOs deny accusations that food price inflation is driven by profit-mongering

OTTAWA — The CEOs of Canada's largest grocery store chains will be before a parliamentary committee today to answer questions about the rapid rise in food prices. The CEOs and presidents of Loblaw Cos. Ltd., Metro Inc. and Empire Co. Ltd.
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B.C. invests $200M toward boosting food banks, producers and supply chain

B.C. invests $200M toward boosting food banks, producers and supply chain

VANCOUVER — British Columbia is dedicating $200 million toward boosting both the province's food bank system and overall agricultural production and resiliency.
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Women powered pandemic shift toward higher paying jobs, but pay gap persists: RBC

Women powered pandemic shift toward higher paying jobs, but pay gap persists: RBC

TORONTO — Women have powered a recent shift toward higher-paying and -skilled jobs, but a pay gap will persist until they cease being outnumbered by men in senior management positions, says a new report.
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B.C.’s skilled trades apprentices land $1M for training amid labour shortages

B.C.’s skilled trades apprentices land $1M for training amid labour shortages

Coast Capital funding new program to promote training completion
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Amid high inflation, MPs should push grocer CEOs to disclose margins on food: experts

Amid high inflation, MPs should push grocer CEOs to disclose margins on food: experts

OTTAWA — As members of Parliament gear up to grill the CEOs of Canada's largest grocery store chains, experts say elected officials should push for more transparency on why grocers are making so much money. The CEOs and presidents of Loblaw Cos. Ltd.
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Vancouver-based Wealth One Bank fined for anti-money laundering violations

Vancouver-based Wealth One Bank fined for anti-money laundering violations

Wealth One Bank failed to submit suspicious transaction reports 'where there were reasonable grounds to suspect that transactions were related to a money laundering offence,' according to regulators
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Advisory firms recommend Ritchie Bros. shareholders vote against IAA deal

Advisory firms recommend Ritchie Bros. shareholders vote against IAA deal

VANCOUVER — A report by Institutional Shareholder Services recommends shareholders of Ritchie Bros. Auctioneers Inc. vote against the company's deal to buy automotive salvage company IAA Inc.
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CN workers back union strike mandate as contract talks for 3,000 employees continue

CN workers back union strike mandate as contract talks for 3,000 employees continue

MONTREAL — CN workers backed a strike vote with negotiations set to resume on a contract for around 3,000 Canadian employees.
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