VICTORIA, British Columbia, May 14 (Reuters) – The incumbent
Liberal Party won an election in the Canadian Pacific province
of British Columbia on Tuesday, in a stunning comeback that
defied the pollsters who had expected voters to boot the party
out of power.

The Liberals, in power for more than a decade, lost support
after the introduction, and then cancellation, of an unpopular
sales tax. But they gained momentum late in an election campaign
that focused on the economy, balanced budgets and controlled
spending.

VICTORIA, British Columbia, May 14 (Reuters) – The incumbent
Liberal Party won a handsome majority in the election in the
Canadian Pacific province of British Columbia on Tuesday, news
networks predicted, defying the pollsters who had expected
voters to boot the party out of power.

The Liberals, in power for more than a decade, lost support
after the introduction, and then cancellation, of an unpopular
sales tax. But the party gained momentum late in an election
campaign that focused on the economy, balanced budgets and
controlled spending.

VICTORIA, British Columbia, May 9 (Reuters) – The
left-leaning New Democrats are set to reshape energy policy in
Canada’s Pacific province of British Columbia if, as expected,
they seize power from the Liberals in Tuesday’s elections to the
provincial legislature.

Opinion polls put the NDP between 7 and 10 percentage points
ahead of the Liberals, well down from the 20-point lead the
party had before the campaign started.

VICTORIA, British Columbia (Reuters) – The left-leaning New Democratic Party is leading the election race in Canada’s Pacific province of British Columbia, raising new doubts about a pipeline that would take Canadian crude oil from neighboring Alberta to the coast for export to Asia.

The NDP, about 17 percent ahead of the ruling Liberals in recent opinion polls, promises a new review of the $6 billion Northern Gateway pipeline if it wins the May 14 election, a process that would likely bring new legal challenges and delays.

March 8 (Reuters) – Rupert Murdoch’s News Corp said
on Friday that the publishing arm it plans to spin off from its
entertainment assets will have about $2.6 billion in cash on
hand and no debt when it becomes an independent company.

The new details on the publishing company were provided a
regulatory filing.

The publishing company faces challenges as readers turn to
smart phones and tablets to get their news and advertisers are
spending their dollars elsewhere. Investors and analysts had
been waiting for financial details to see how much cash and debt
News Corp would put toward the slower growth asset.

VICTORIA, British Columbia, Feb 19 (Reuters) – British
Columbia will return to a budget surplus in the next fiscal year
by clamping down on spending, hiking taxes and selling assets,
its finance minister projected on Tuesday in a lean budget that
is seen as make-or-break for the Liberals ahead of a May
election.

The Canadian province’s annual budget projected a small
surplus of C$197 million ($194.69 million) in the coming fiscal
year, after a revised deficit of C$1.2 billion in 2012-13.

VICTORIA, British Columbia, Nov 30 (Reuters) – Canadian
Finance Minister Jim Flaherty said on Friday he intends to stay
in his job until the federal budget is balanced, a goal set for
2015, shrugging off speculation that he might step down next
year.

Flaherty, 62, has been finance minister since 2006, making
him the longest-serving cabinet minister in the Conservative
government of Prime Minister Stephen Harper.

NANAIMO, British Columbia, Oct 15 (Reuters) – The Bank of
Canada will take whatever action is necessary to keep inflation
on target, and its economic forecasts next week will reflect the
fallout from extreme global uncertainty, central bank chief Mark
Carney said on Monday.

Carney also said there were some signs the country’s once
hot housing market was easing, but warned that the data could be
volatile as the effect of fiscal and regulatory changes designed
to curb the mortgage market took effect.

NANAIMO, British Columbia, Oct 15 (Reuters) – Bank of Canada
Governor Mark Carney said on Monday the central bank would do
whatever is necessary to stick to its 2 percent inflation target
in the face of extreme global uncertainty but made no mention of
possible interest rate hikes.

Since April Carney – alone among his Group of Seven peers -
has regularly talked about the possible need to raise rates from
near-record lows as the economy recovers, even as data showed
Canada was being hurt by challenges in Europe and the United
States.

TORONTO, July 31 (Reuters) – A shareholder in Research In
Motion who has been a vocal and persistent
critic of the BlackBerry maker has been found by Canada’s
investment industry watchdog to have engaged in improper and
risky trading.

In a decision released late on Monday, the Investment
Industry Regulatory Organization of Canada (IIROC) said that
between August and November 2008, investment bank Northern
Securities Inc Chief Executive Victor Alboini “engaged in a
trading practice which improperly obtained access to credit” for
his client, Jaguar Financial Corp, of which Alboini is also
president and CEO, and in doing so risked the capital of
Northern.