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Monthly Archives: June 2016

BC real estate industry lacks ethics, transparency; higher fines recommended

BC real estate industry lacks ethics, transparency; higher fines recommended

It’s a serious thing when a self-regulating body that handles billions of dollars of public money loses the trust of that public. That is what has happened with British Columbia’s real estate industry, according to an Independent Advisory Group (IAG) appointed by the government to look into the industry. Alleged misconduct, the report states, combined… Continue Reading

Volkswagen to pay $14.7 billion to repair, buy back diesel cars from US owners

Volkswagen to pay $14.7 billion to repair, buy back diesel cars from US owners

Volkswagen drivers in the United States now know what they can expect to get in the way of compensation from the carmaker, which was prosecuted under the Clean Air Act for cheating on its diesel emissions claims. Volkswagen is required to repair or buy back every one of the approximately half-million diesel cars, mostly model… Continue Reading

Mortgage professionals urge government to proceed with caution in housing market

Mortgage professionals urge government to proceed with caution in housing market

Canada’s mortgage professionals caution that the federal government should avoid doing damage to the country’s housing market by further tightening mortgage lending conditions. The chief economist for Mortgage Professionals Canada, Will Dunning, dismisses the notion that bubble conditions exist in Canada’s housing markets, which would require government intervention. On the contrary, housing activity is a… Continue Reading

Newspaper websites play important role in brand perception: survey

Newspaper websites play important role in brand perception: survey

Speaking before a parliamentary committee on Canada’s media recently, the chairperson of the Canadian Newspaper Association, who is also the publisher of the Winnipeg Free Press, gave a surprisingly upbeat account of the way things are for local newspapers in Canada. Bob Cox said that, contrary to what is often reported, even in the newspapers… Continue Reading

Expert panel recommends educator/employer partnerships, national skills strategy

Expert panel recommends educator/employer partnerships, national skills strategy

Faced with enormously complex problems that include declining levels of literacy and numeracy among students, a widespread perception that graduates are not prepared for the workforce, a rapidly changing, technology-driven world in which automation will play an ever-greater role, an aging population, and a widening skills gap between what employers need and what prospective employees… Continue Reading

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