Category Archives: British Columbia

Finning reports Q4 profit down, hit by foreign exchange loss
VANCOUVER - Finning International Inc. reported its fourth-quarter profit fell compared with a year ago as it was hit by a foreign exchange loss in Argentina due to government currency restrictions an...
Feb 07, 2024

Rate cut timing 'difficult to foresee' amid inflation pressures: BoC deliberations
OTTAWA - The Bank of Canada isn't sure when it will be able to start cutting interest rates as it continues to contend with inflation that's still too high and broad-based, its summary of deliberation...
Feb 07, 2024

Loggerhead turtle rarely seen in B.C. waters is rescued, suffering hypothermia
VANCOUVER - A loggerhead sea turtle rarely seen in British Columbia waters has been rescued after being found suffering from hypothermia near Victoria. The Vancouver Aquarium Marine Mammal Rescue Soci...
Feb 07, 2024

McGifford says Alberni taxes remain low
City of Port Alberni's director of finance Andrew McGifford says Port Alberni taxes remain low, despite a proposed 17% increase this year. McGifford says Port Alberni had the second lowest total resid...
Feb 07, 2024

Strong start to home sales in 2024 unlikely to delay BoC rate cuts: economists
TORONTO - A surge in home sales across Canada's largest markets to kick off 2024 is unlikely to prompt the Bank of Canada to delay its probable interest rate cuts later this year. The start of the yea...
Feb 06, 2024

Jewish community offended, hurt by Robinson's removal from B.C. cabinet: advocate
VICTORIA - A national advocacy group says the Jewish community is offended and hurt by the exit of Selina Robinson from the B.C. cabinet over remarks that Israel was founded on "a crappy piece of land...
Feb 06, 2024

CP NewsAlert: Suspect charged in Nigeria over sextortion of B.C. boy who died: RCMP
SURREY, B.C. - Police in British Columbia say a suspect in Nigeria has been charged over the sextortion of a B-C boy who died last year. Surrey RCMP say officers from their detachment travelled to Nig...
Feb 06, 2024

Don’t look to the BoC to solve Canada’s housing and economic woes, Macklem says
MONTREAL - Bank of Canada governor Tiff Macklem is laying out the limits of monetary policy as he warns the central bank can't solve problems like housing affordability with interest rates. According ...
Feb 06, 2024

Operator backs ending funding to private rooming hotels after B.C. fire inquest
VANCOUVER - The society that operated the Vancouver supportive housing building where a fire killed two people two years ago says it fully supports the recommendations from a coroner's inquest. The At...
Feb 06, 2024

CP NewsAlert: End funding of private rooming hotels, says B.C. fire inquest jury
BURNABY, B.C. - The jury in a coroner's inquest into the Winters Hotel fire that killed two people in Vancouver two years ago has recommended ending public funding for single-room-occupancy hotels in ...
Feb 05, 2024