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Economy, Law & Politics

Burnaby currency exchange sues ex-employee for alleged $4.4M fraud

Burnaby currency exchange sues ex-employee for alleged $4.4M fraud

Crystal Currency Exchange Inc. claims former employee Dan Qing Wang (a.k.a. Lisa Wang) diverted Chinese currency worth more than $4.4 million into accounts she had in China.
S&P/TSX composite index rises Tuesday, U.S. markets mixed

S&P/TSX composite index rises Tuesday, U.S. markets mixed

TORONTO — Strength in base metal stocks helped lift Canada's main stock index Tuesday, while U.S. stock markets were mixed. Markets took on a cautious tone Tuesday, said Greg Taylor, chief investment officer at Purpose Investments.
Health-care costs will rise significantly as population ages, says new report

Health-care costs will rise significantly as population ages, says new report

TORONTO — A new report says Canada needs to rethink its approach to health care to help manage rising costs as people age.
Stock market today: Wall Street drifts to a mixed close even as S&P 500 ekes out another record

Stock market today: Wall Street drifts to a mixed close even as S&P 500 ekes out another record

NEW YORK (AP) — U.S. stocks drifted to a mixed close, as gains for tech stocks nudged the S&P 500 and the Nasdaq to more records. The S&P 500 eked out a gain of under 0.1% Tuesday, while the Nasdaq composite rose 0.4%.
Joly touts 'private' diplomacy as Mexico criticizes Canada's culture, trade

Joly touts 'private' diplomacy as Mexico criticizes Canada's culture, trade

OTTAWA — Foreign Affairs Minister Mélanie Joly is not escalating a war of words with Mexico, after the Mexican president criticized Canada's culture and its framing of border issues.
Veteran Vancouver stockbroker fined $30K, suspended 18 months

Veteran Vancouver stockbroker fined $30K, suspended 18 months

John David Lunam solicited clients to invest in private placements connected to a penny stock promoter since found liable for securities fraud in the United States.
Liberal minister says Trump was joking when he suggested Canada become 51st state

Liberal minister says Trump was joking when he suggested Canada become 51st state

OTTAWA — President-elect Donald Trump was joking when he suggested Canada become the 51st U.S. state during a dinner with Prime Minister Justin Trudeau in Florida on Friday, said a Liberal minister who attended the meeting.
Mario Canseco: Half of Canadians see Trump supporters as a cult, survey reveals

Mario Canseco: Half of Canadians see Trump supporters as a cult, survey reveals

Republicans viewed more critically than Canada's own political rivals
Negotiations between Canada Post, union still on hold

Negotiations between Canada Post, union still on hold

TORONTO — The Canadian Union of Postal Workers says a new framework for negotiations that Canada Post presented over the weekend moved closer to the union's position on some issues, but that it remains far from what members could ratify.
Bruce Williams stepping down as Greater Victoria chamber CEO in June

Bruce Williams stepping down as Greater Victoria chamber CEO in June

A search has started for a new CEO, the chamber said in a statement late Monday.
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