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Economy, Law & Politics

Consumer insolvencies in November reach highest number since pandemic began

Consumer insolvencies in November reach highest number since pandemic began

Consumer insolvencies were up 16.3 per cent in November 2022 compared with the same month the year prior, and business insolvencies were up 58.3 per cent. Meanwhile, consumer insolvencies for the 12-month period ended Nov. 30, 2022 were up 9.
Don't neglect bonds this year despite tough 2022, experts say

Don't neglect bonds this year despite tough 2022, experts say

OTTAWA — Bond portfolios took a beating in 2022 as interest rates climbed, but experts say investors shouldn't neglect bonds this year as the Bank of Canada nears the end of its rate hike cycle.
Statistics Canada reports $41M merchandise trade deficit for November

Statistics Canada reports $41M merchandise trade deficit for November

OTTAWA — Statistics Canada says the country's merchandise trade balance slipped into a small deficit in November as energy exports fell.
Most actively traded companies on the Toronto Stock Exchange

Most actively traded companies on the Toronto Stock Exchange

TORONTO — Some of the most active companies traded Wednesday on the Toronto Stock Exchange: Toronto Stock Exchange (19,588.83, up 145.06): Toronto-Dominion Bank (TSX:TD). Financials. Up $1.14, or 1.30 per cent, to $88.81 on 19.9 million shares.
John Horgan’s last text messages as premier deleted

John Horgan’s last text messages as premier deleted

Texts were “deleted under the transitory records schedule,” but deciding what is genuinely transitory is subjective, said FIPA executive director.
Financial and tech stocks help lift S&P/TSX composite, energy down as oil falls

Financial and tech stocks help lift S&P/TSX composite, energy down as oil falls

TORONTO — Strength in the financial and technology sectors helped lead Canada's main stock index higher in late-morning trading despite weakness in energy stocks as the price of oil fell. The S&P/TSX composite index was up 91.66 points at 19,535.
Mary Ellen Turpel-Lafond retires from UBC

Mary Ellen Turpel-Lafond retires from UBC

Lawyer Mary Ellen Turpel-Lafond, a tenured professor at the University of British Columbia’s Allard School of Law and the former academic director of UBC’s Indian Residential School History and Dialogue Centre, is no longer with the unive
Seventh B.C. company from Bridgemark case cited by commission

Seventh B.C. company from Bridgemark case cited by commission

G2 Energy Corp. (Green 2 Blue Energy Corp.) is among seven companies from the Bridgemark case to face a hearing notice for misrepresentations made to investors. Up to four hearings may be heard at the B.C. Securities Commission in 2023.
Who's getting sued: January 2, 2023

Who's getting sued: January 2, 2023

These corporate claims were filed with the BC Supreme Court registry in Vancouver. Information is derived from notices of civil claim. Civil claims have not been tested or proven in court. Defendants Fountana Plaza LP and Fountana Plaza GP Corp.
S&P/TSX composite up in late-morning trading, U.S. stock markets lower

S&P/TSX composite up in late-morning trading, U.S. stock markets lower

TORONTO — Strength in the industrial and utility sectors helped lead Canada's main stock index higher, while U.S. stock markets fell in late-morning trading to start the year. The S&P/TSX composite index was up 89.50 points at 19,474.42.