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Economy, Law & Politics

B.C. man sues uncle facing sentencing for criminal role in alleged $1B stock fraud scheme

B.C. man sues uncle facing sentencing for criminal role in alleged $1B stock fraud scheme

Former cannabis cultivator Kris Kallu from Richmond files second lawsuit against uncle Avtar Dhillon, a former prominent Vancouver stock promoter who now faces prison time for criminal securities fraud.
Inflation rate rises to 2% in October, reducing odds of another jumbo rate cut

Inflation rate rises to 2% in October, reducing odds of another jumbo rate cut

OTTAWA — Canada's inflation rate climbed back up to two per cent in October, shifting expectations slightly in favour of a smaller, quarter-percentage point interest rate cut next month.
Report finds 1 in 5 newcomers leave Canada within 25 years, calls for retention plan

Report finds 1 in 5 newcomers leave Canada within 25 years, calls for retention plan

OTTAWA — One in five immigrants who come to Canada ultimately leave the country within 25 years, with about one-third of those people moving on within the first five years.
Vancouver police department seeks $22.8M increase for 2025 budget

Vancouver police department seeks $22.8M increase for 2025 budget

Request comes as VPD predicts it will be over budget this year by approximately $9 million.
Rob Shaw: Eby plays best hand with limited deck for new cabinet

Rob Shaw: Eby plays best hand with limited deck for new cabinet

Premier takes mostly pragmatic approach crafting latest ministerial team
Les Leyne: Despite scant majority, plenty of enthusiasm on display at cabinet swearing-in

Les Leyne: Despite scant majority, plenty of enthusiasm on display at cabinet swearing-in

For reasons unknown, Eby still hasn’t managed to reach a formal agreement with the two-person Green caucus, even though it’s been a month since the election.
Dix out as health minister as Eby introduces a drastically reshaped B.C. NDP cabinet

Dix out as health minister as Eby introduces a drastically reshaped B.C. NDP cabinet

VICTORIA — Premier David Eby says "kitchen table" issues in British Columbia will be the focus for his revamped, postelection cabinet that was sworn in on Monday.
Trudeau, Biden talk rule of law at Brazil G20 summit amid meetings on global hunger

Trudeau, Biden talk rule of law at Brazil G20 summit amid meetings on global hunger

RIO DE JANEIRO — Prime Minister Justin Trudeau spent his first day at the G20 leaders' summit Monday speaking in closed-door meetings about issues like continental trade, fighting world hunger and multilateralism, as Donald Trump's impending return t
A list of members of B.C. Premier David Eby's new cabinet

A list of members of B.C. Premier David Eby's new cabinet

VICTORIA — There's been a near total shakeup of British Columbia's government cabinet, with few ministers retaining their jobs and some longtime backbenchers and newly elected members moving in.
S&P/TSX composite up as gold, oil climb; U.S. stocks mixed

S&P/TSX composite up as gold, oil climb; U.S. stocks mixed

Canada's main stock index climbed Monday as the price of oil and gold strengthened and investors continued to digest the market implications of another Donald Trump presidency. The S&P/TSX composite index was up 86.26 points at 24,976.94.
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