Finances

Gas hit the listed price of $2.19.9 at one Vernon service station on 25th Avenue at 43rd Street Thursday, June 2. (Roger Knox/Morning Star).

Strategic support for B.C. residents needed as central bank works on inflation: experts

Economist says to expect food prices to stay high for another year

 

A tradesperson works on a balcony at a condo tower under construction, in Burnaby, B.C., on Wednesday, March 2, 2022. The British Columbia Real Estate Association says the sharp increase in mortgage rates is pushing the province's home sales down "a path to normalizing," although it estimates a balanced market is at least a year away. THE CANADIAN PRESS/Darryl Dyck

Higher interest rates push homes sales in B.C. back toward normal: association

British Columbia Real Estate Association estimates a balanced market is at least a year away

 

City of Vernon residents can help the city plan its 2023 budget. (www.SeniorLiving.Org)

Public asked to partake in Vernon budget survey

Online survey asks questions that will help the city plan its 2023 budget

 

Debra Law, the City of Vernon’s director of financial services, receives the Canadian Award for Financial Reporting award from Mayor Victor Cumming. It’s the 12th year in a row the city has been recognized for its financial reporting. (City of Vernon photo)

City of Vernon financial reporting receives national award – again

For the 12th straight year, city’s financial report receives substantial recognition

Debra Law, the City of Vernon’s director of financial services, receives the Canadian Award for Financial Reporting award from Mayor Victor Cumming. It’s the 12th year in a row the city has been recognized for its financial reporting. (City of Vernon photo)
A for sale sign displays a sold home in a development in Ottawa on July 6, 2015. Earlier this month, the Liberal government unveiled a new mechanism for Canadians looking to save for a down payment on their first home: a fresh tax-free savings account.THE CANADIAN PRESS/Sean Kilpatrick

How to save for a down payment: navigating Canada’s investment savings accounts

Tax-free first home savings account offers a new way to make a down payment on first property

A for sale sign displays a sold home in a development in Ottawa on July 6, 2015. Earlier this month, the Liberal government unveiled a new mechanism for Canadians looking to save for a down payment on their first home: a fresh tax-free savings account.THE CANADIAN PRESS/Sean Kilpatrick
Mike Davies/Campbell River Mirror

Dealing with a workplace pension can be first big investing decision for young people

For millennials, figuring out what to do with a pension plan after leaving a job can be daunting

Mike Davies/Campbell River Mirror
A sign displays the price of a litre of regular grade gasoline at an Esso gas station as a motorist waits at a red light, in Vancouver, on Tuesday, March 8, 2022. THE CANADIAN PRESS/Darryl Dyck

Canadians cutting back spending on groceries, restaurants as inflation rises: poll

Four-fifths of respondents said inflation was having a serious impact on their households

A sign displays the price of a litre of regular grade gasoline at an Esso gas station as a motorist waits at a red light, in Vancouver, on Tuesday, March 8, 2022. THE CANADIAN PRESS/Darryl Dyck
An autoworker is seen on the general assembly line producing the Chevrolet Silverado, at the General Motors plant in Oshawa, Ont., on Tuesday, Feb. 22 2022. THE CANADIAN PRESS/Chris Young

Canada’s middle-aged, single parents, recent immigrants taxed harder for extra income

Federal study details workers whose extra earnings get dinged most by tax system

An autoworker is seen on the general assembly line producing the Chevrolet Silverado, at the General Motors plant in Oshawa, Ont., on Tuesday, Feb. 22 2022. THE CANADIAN PRESS/Chris Young
A Salmon Arm man was ordered in a Jan. 31, 2022 decision by the BC Securities Commission to pay a penalty and to halt various market activities for 15 years. (File photo)

BC Securities Commission orders Shuswap man to pay penalty, pause market activities

Losses for investors, many of them elderly, reported to be between 82 and 96 per cent

A Salmon Arm man was ordered in a Jan. 31, 2022 decision by the BC Securities Commission to pay a penalty and to halt various market activities for 15 years. (File photo)
A Salmon Arm man settled with the BC Securities Commission before his hearing was to begin. (File photo) (Stock photo)

Salmon Arm man agrees to $50,000 settlement with BC Securities Commission

Settlement includes a 12-year ban from trading or buying securities except accounts in his own name

A Salmon Arm man settled with the BC Securities Commission before his hearing was to begin. (File photo) (Stock photo)
Photo by Nicholas Cappello on Unsplash

Securities commission clears B.C. man of market manipulation

Panel rules there was insufficient evidence against Daniel Clozza

Photo by Nicholas Cappello on Unsplash
Former Lake Country deputy chief administrative officer Alberto De Feo is no longer associated with the municipality, the district announced in a one-line news release Friday, July 2. (Black Press file photo)

Former Lake Country CAO had a $7,000 raise last year

Chief administrative officer top paid employee, again

Former Lake Country deputy chief administrative officer Alberto De Feo is no longer associated with the municipality, the district announced in a one-line news release Friday, July 2. (Black Press file photo)
Parliamentary Budget Officer Yves Giroux waits to appear before the Commons Finance committee on Parliament Hill in Ottawa, Tuesday March 10, 2020. THE CANADIAN PRESS/Adrian Wyld

Boost to seniors benefit this summer and beyond could cost $10.7 billion

Parliamentary budget officer is estimating the Liberals’ plan might be cheaper than anticipated

Parliamentary Budget Officer Yves Giroux waits to appear before the Commons Finance committee on Parliament Hill in Ottawa, Tuesday March 10, 2020. THE CANADIAN PRESS/Adrian Wyld
The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. Data from the Canada Revenue Agency shows its program to combat tax evasion by the super-rich has resulted in zero prosecutions or convictions in recent years. THE CANADIAN PRESS/Sean Kilpatrick

CRA audits of ultra-wealthy Canadians yield zero prosecutions, convictions

Only two cases proceeded to federal prosecutors, with no charges laid

The Canada Revenue Agency (CRA) headquarters Connaught Building is pictured in Ottawa on Monday, Aug. 17, 2020. Data from the Canada Revenue Agency shows its program to combat tax evasion by the super-rich has resulted in zero prosecutions or convictions in recent years. THE CANADIAN PRESS/Sean Kilpatrick
Campbell River city council will continue its 2020 policy of waiving late fees and NSFs. (Mirror File photo)

53% of Canadians teetering the brink of insolvency: survey

A majority of Canadians admit they’re just $200 away from not being able to pay their monthly bills

Campbell River city council will continue its 2020 policy of waiving late fees and NSFs. (Mirror File photo)
Financial literacy and credit counsellor Pamela George is shown in her home office in Ottawa, on Tuesday, Dec. 29, 2020. THE CANADIAN PRESS/Justin Tang

Planning your 2021 budget a chance to reassess your spending and make changes

Saving a six-month buffer is important to start building that rainy-day cushion

Financial literacy and credit counsellor Pamela George is shown in her home office in Ottawa, on Tuesday, Dec. 29, 2020. THE CANADIAN PRESS/Justin Tang
Metis Financial Corporation BC has grants, loans and core services to help Metis businesses through the pandemic, and beyond.

A chance to thrive — New financing options for Métis entrepreneurs

Grants, loans and core services for pandemic-relief and long-term growth

  • Jan 4, 2021
Metis Financial Corporation BC has grants, loans and core services to help Metis businesses through the pandemic, and beyond.
The Okanagan Screen Arts Society has reeled in a city grant to help keep the Vernon Towne Cinema alive. (Brendan Shykora - Morning Star)

Christmas comes early for some Vernon groups

Other wish list items aren’t being fulfilled due to limited funds

The Okanagan Screen Arts Society has reeled in a city grant to help keep the Vernon Towne Cinema alive. (Brendan Shykora - Morning Star)
Financial literacy facilitator Lindsay Bayford prepares for the upcoming workshops put on by the Literacy Society. (Contributed)

Okanagan society helps manage finances in uncertain times

November is Financial Literacy Month

Financial literacy facilitator Lindsay Bayford prepares for the upcoming workshops put on by the Literacy Society. (Contributed)
City of Vernon financial services director Debra Law (left) accepts the Government Finance Officers Association’s Distinguished Budget Presentation Award for its 2020 budget from Mayor Victor Cumming. (Jennifer Smith - Morning Star)

Solid budgeting leads to major award for City of Vernon

City earns the Government Finance Officers Association’s Distinguished Budget Presentation honour

City of Vernon financial services director Debra Law (left) accepts the Government Finance Officers Association’s Distinguished Budget Presentation Award for its 2020 budget from Mayor Victor Cumming. (Jennifer Smith - Morning Star)
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