B.C. developer, director fined $99K for causing ‘consumer harm’

B.C. developer, director fined K for causing ‘consumer harm’

A Surrey, B.C.-based property developer and its director have been ordered to pay nearly $100,000 by the province’s real estate regulator for causing “consumer harm.” The B.C. Financial Services Authority (BCFSA) said Halcyon Point Development and its director Dale Tortorelli are both liable for failing to provide purchasers with a disclosure statement and for putting … Read more

Loblaws, Sobeys owners under investigation by Competition Bureau for alleged anti-competitive conduct

Loblaws, Sobeys owners under investigation by Competition Bureau for alleged anti-competitive conduct

Canada’s Competition Bureau has launched investigations into the parent companies of grocery chains Loblaws and Sobeys for alleged anti-competitive conduct, court documents reveal, with Sobeys’ owner calling the inquiry “unlawful.” The Federal Court documents show the commissioner of competition launched the probes on March 1, saying there’s reason to believe the firms’ use of so-called property … Read more

Loblaws, Sobeys owners under investigation by Competition Bureau for alleged anti-competitive conduct

Loblaws, Sobeys owners under investigation by Competition Bureau for alleged anti-competitive conduct

Canada’s Competition Bureau has launched investigations into the parent companies of grocery chains Loblaws and Sobeys for alleged anti-competitive conduct, court documents reveal, with Sobeys’ owner calling the inquiry “unlawful.” The Federal Court documents show the commissioner of competition launched the probes on March 1, saying there’s reason to believe the firms’ use of so-called … Read more

Competition Bureau investigating restrictive real estate clauses in Canadian grocery sector

Competition Bureau investigating restrictive real estate clauses in Canadian grocery sector

Business The Competition Bureau says it’s investigating the use of property clauses, which limit how real estate can be used by competitors, in the Canadian grocery sector. Watchdog says clauses make it harder for new supermarkets to open The Canadian Press · Posted: Feb 08, 2024 3:09 PM EST | Last Updated: 9 hours ago … Read more