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finance
Personal bankruptcies on the rise in Thompson-Okanagan
This has not been a good year for consumers. With high interest rates and high…
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…
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…
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...