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finance
BC mortgage broker who lied to regulator on the hook $83K
A BC mortgage broker who made $56,000 while working without a license is on the…
Realtor didn’t tell B.C. couple about expensive condo costs, gets fined
Omissions by a BC real estate agent cost his client $40,000 and now cost himself…
Personal bankruptcies on the rise in Thompson-Okanagan
This has not been a good year for consumers. With high interest rates and high…
Scotiabank fined $1M by regulator after staff fiddled with sales numbers
An investment firm owned by the Bank of Nova Scotia has been fined $1 million…
Okanagan MP is now in charge of scrutinizing the nation’s spending
Okanagan MP Dan Albas has a lofty new role among the opposition Conservative Party of…
B.C. financial advisor complained about lost luxuries after his ban
A B.C. financial advisor complained he could no longer afford to eat in the best…
Kelowna investment company faces $55K in fees and fines for faulty record-keeping
A Kelowna investment management company is facing over $55,000 in fees after the B.C. Securities…
Pending closure of credit union leaves North Okanagan village with one bank
Due to the shift to online banking, which has been accelerated by the COVID-19 pandemic,…
Pandemic hits some B.C. residents hard financially, while others thrive: survey
If you find the pandemic has left your wallet as empty as your social calendar,…
Okanagan mayor calls out Canadian banks for ‘unjust and wrongful’ profits during pandemic
The mayor of Lake Country has written to the federal government calling out "the wrong…
Vernon contractor that sent senior ‘disingenuous’ bills loses in court
VERNON – A Vernon contractor who failed to fix an elderly client's furnace but still…
Tax axe nowhere in sight as city council approves increase
KELOWNA - After a day spent hearing submissions, Kelowna city councillors are considering a potential property tax increase of 3.46 per cent, down a touch from what staff originally recommended in a budget year dominated by increases to police services and a new building to house them. Mayor Colin Basran led city councillors — some...
City budget ‘bare bones’ despite sizeable tax increase
KELOWNA — Even Kelowna’s mayor concedes it sounds odd calling a possible 3.5 per cent tax increase a “bare bones budget." “It sounds crazy but this is actually a very lean budget,” says Colin Basran, who blames two big-ticket items — Kelowna’s new police station and recent union contract settlement — for the increase. “Both...
Boonstock gives $4.5 million boost to Penticton economy
PENTICTON - Survey results released Tuesday by Boonstock festival organizers show a total economic impact of $4.5 million for the Penticton region generated by the festival over the August long weekend. Some 2,500 people responded to the survey — roughly a quarter of the 8,621 "unique attendees" over the three-and-a-half day event, according to the...
UPDATE: Bridge upgrades approved
$9.42 M BORROWING BYLAW UP NEXT KAMLOOPS - The entire Overlanders Bridge deck is set to be resurfaced in 2015 and council has agreed to tag on a multi-million dollar attached sidewalk project as well. In January, council agreed to postpone the bridge construction in the hopes of saving funds by completing the two projects...