Category: Business

China’s Anbang poised to sell billion in overseas properties, including in B.C.: report

China’s Anbang Insurance Group Co. Ltd. has reportedly decided which of its billions in international assets it will sell, a list that potentially includes major properties in B.C. The unwinding of international assets is tied to one of China’s biggest financial crime trials. The Beijing-based company has appointed bankers to handle sales of about US$10 billion worth in overseas properties…

Canada to miss deadline for quickly reselling Trans Mountain pipeline

About a dozen parties are interested in the Trans Mountain oil pipeline, but the Canadian government won’t reach a deal to flip it before a marketing deadline with Kinder Morgan Inc. closes Sunday, according to people familiar with the situation. The government’s $4.5 billion purchase of the pipeline and expansion project gave it to July 22 to co-market the pipeline…

The case for treating disabled travellers better

TRAVELLING for work can be expensive, uncomfortable and unpleasant, even for those without a mobility issue. But spare a thought for people who do, many of whom get appalling service from train firms and airlines around the world. The latest case to have hit the headlines is that of Tanyalee Davis, a Canadian living in England, who has said that…

Conversations That Matter: Unintended harm for the foreign buyers tax

Walk down Vancouver’s Robson Street these days and you’ll see store after store papered over. The businesses that used to occupy the spaces are gone. The shops have “For Lease” signs on them. Those businesses shut down because the cost of rent has skyrocketed. An expert blames, in part, the province’s foreign buyer’s tax on residential properties. That “go home”…

Google is not an American company

Unless President Trump has finally adopted the royal first-person plural and owns a significant amount of Google stock, it is hard to know what the president meant when he complained on Thursday that the European Union has slapped a $5 billion fine on “one of our great companies.” Because whatever else it may be, Google is not an American company.…

Starbucks will open first ‘Signing Store’ to serve deaf customers

Starbucks announced on Thursday it is opening its first cafe in the U.S. with employees who are partially or fully deaf and can communicate using American Sign Language. The company is converting an existing Starbucks in Washington, D.C., into a Signing Store, set to open in October. Employees will wear aprons embroidered by deaf suppliers, and pins that say “I…