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Category: News

Dec 05
2019

No payout for driver who damaged her pickup making room for fire truck

VANCOUVER — A B.C. woman who drove her pickup truck into a concrete barrier in order to make room for firefighters won’t be getting any help with her repair bills. Hayley Van Der Kloot said her Ford F350 sustained thousands of dollars in damage after she tried letting a fire truck with flashing lights pass […]

Dec 04
2019

Wells Fargo hires Scott Powell as COO

Wells Fargo & Co. said Scott Powell will become its COO, the second external recruit to join the top ranks since CEO Charles Scharf took over six weeks ago. Powell most recently was CEO of Santander Holdings USA Inc., as well as of Santander Consumer USA Holdings Inc. He also worked with Scharf at Bank […]

Dec 04
2019

Burnaby house sought in civil forfeiture allegedly linked to CRA scam

The B.C. Civil Forfeiture Office is suing to seize this Burnaby house at 7318 Fourth St. as proceeds of crime. It’s linked to an alleged Canada Revenue Agency scam. Francis Georgian / PNG The province is suing to have a $1.9-million Burnaby house forfeited, alleging the property is linked to a Canada Revenue Agency fraud […]

Dec 02
2019

Nissan, Apple and Others Reach Class-Action Settlements

Automobile manufacturers, cosmetics makers, a gun manufacturer and an herbicide producer are among the businesses that have agreed to class-action settlements highlighted this month. See if you qualify for a bit of stuff in your stocking from these settlement offers.  Nissan Altima CVT  If you owned or leased a Nissan Altima, model year 2013 through […]

Dec 01
2019

What to Do When They’re Due

If you graduated from college this year, congratulations!  Also, your first student loan payment is due. (Cue sad trombone.) If you borrowed federal student loans to cover your college expenses, you get a six-month grace period from Uncle Sam before he starts pestering you for payment. If it’s any comfort (I know, it isn’t), you’re […]

Dec 01
2019

RCMP investigating five-car crash in Port Coquitlam

VANCOUVER — RCMP are investigating a four-car crash at Westwood Street and Lougheed Highway in Port Coquitlam that sent five people to hospital. Police were called to the intersection just after 6 p.m. One of the cars is a marked police cruiser, and the officer driving that car was taken to hospital with non-life threatening […]

Nov 29
2019

Anatomy of money laundering in BC real estate: 12 cases, $1.7 billion, 20 countries and 30 banks

It started with a huge hash bust. Following up on a tip, the RCMP set up a stakeout and pounced when a freight truck left a warehouse on Mitchell Island in Richmond. The haul: six tonnes of hashish (a drug made from the resin of cannabis), wrapped in cellophane and carefully packed in wooden boxes. […]

Nov 29
2019

Number of electric vehicles on B.C. roads rising: province

More than 30,000 electric vehicles are now on the road in B.C., where the provincial government has set goals of reducing greenhouse-gas emissions by 60 per cent and allowing sales of only zero-emission new vehicles by 2040. In 2019, 10 years after the first electric vehicles hit the road in B.C., they make up nine […]

Nov 27
2019

If You Can Afford $1,200 in Rent, Make These Money Moves

If you’re paying more than $1,200 a month in rent by yourself, that means two things: It stinks to pay that much rent, and  You’ve clearly got some income. Not everyone can afford that kind of rent. So you’re making money and living in a decent place. You’ve finally got a little cushion in your […]

Nov 27
2019

Prequalified or preapproved? Confusion online slows process in-store

Despite a wealth of information online about vehicle financing, consumers lack confidence in the car-buying process, a recent study by Capital One suggests. Part of the problem? Dealership customers are unwilling to seek out financing offers online ahead of time. The largest noncaptive auto lender in the U.S. found more than half of consumers believe […]