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National Business
National Business
B.C.'s securities watchdog fined rule breakers $430M. Why can't it make them pay?
VANCOUVER — Ronald McHaffie said he had big plans to build a ski resort near Hope, 150 km east of Vancouver, ahead of the 2010 Olympics. He cut an unlikely figure, with a Grizzly Adams beard and no history of resort development.
Mar 5, 2024 9:22 AM
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Financial watchdog Fintrac hit by cyberattack, classified systems not involved
TORONTO — Canada's financial intelligence agency says it has been hit by a cyberattack.
Mar 5, 2024 9:20 AM
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B.C., Ontario mortgage-holders increasingly missed payments in Q4, Equifax says
TORONTO — Consumers in Ontario and British Columbia increasingly missed payments on mortgages and credit cards in the fourth quarter of 2023, Equifax Canada said.
Mar 5, 2024 8:37 AM
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Toronto home sales up in February from last year as consumers eye rate cuts
TORONTO — Greater Toronto home sales and listings were up in February from last year, but adjusted sales were down from a month earlier, the region's real estate board said Tuesday. Sales were up 17.
Mar 5, 2024 8:34 AM
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Canada lags behind peer countries on female representation in management: report
OTTAWA — Women in corporate leadership still face barriers, with significant gaps in business ownership, representation and compensation, said the Canadian Chamber of Commerce.
Mar 5, 2024 8:24 AM
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Pet Valu reports Q4 profit and sales up from year ago, raises quarterly dividend
MARKHAM, Ont. — Pet Valu Holdings Ltd. raised its quarterly dividend by 10 per cent as it reported its fourth-quarter profit and sales rose compared with a year ago.
Mar 5, 2024 7:18 AM
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Benefits, fees, hidden perks: Choosing the right credit card for your lifestyle
Critical to building a credit history, credit cards are a rite of passage into financial adulthood. Even if you’re debt-phobic or have heard too many horror stories of people maxing out their cards, you can’t skip this step.
Mar 5, 2024 7:00 AM
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Visa names Michiel Wielhouwer as new president and country manager for Visa Canada
TORONTO — Visa has named Michiel Wielhouwer as the new president and country manager for Visa Canada. He will succeed Stacey Madge, who has been in the job for the past seven years. Wielhouwer is a veteran Visa executive with 22 years of experience.
Mar 5, 2024 6:34 AM
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Who owes the biggest penalties to B.C.'s securities watchdog?
The British Columbia Securities Commission has levied about $430 million in unpaid fines and disgorgement orders for breaches of the province's Securities Act.
Mar 5, 2024 1:00 AM
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China sets an economic growth target of 5% and pledges help for consumers and property developers
BEIJING (AP) — China's official growth target for this year is around 5%, Premier Li Qiang said Tuesday in an annual report on the government's plans and performance that prioritized both security and the economy.
Mar 4, 2024 7:52 PM
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