National

BC man banned from investment market

Darpan News Desk The Canadian Press, 14 Feb, 2024 05:12 PM

A Vancouver man convicted of fraud has been permanently banned from B-C's investment market.

The B-C Securities Commission says a panel has concluded that Jeffrey Shaughnessy's misconduct was "extremely serious," and the man posed "a significant ongoing risk" to the public and the capital markets had the ban not been put in place.

The B-C-S-C says Shaughnessy has pleaded guilty in provincial court after convincing two couples to invest a total of 29-thousand-dollars in a speaking event.

The commission says Shaughnessy then spent the money on personal expenses, including at a casino, and has been sentenced to a three-month conditional sentence as a result

Prev Next

MORE National ARTICLES

Ukraine President Zelenskyy to visit Canada this week: sources

Ukraine's President Volodymyr Zelenskyy is set to visit Canada this week after stops at the United Nations and the White House. This would be Zelenskyy's first trip to Canada since Russia began its large-scale invasion of Ukraine in February 2022, although the leader delivered a virtual address to Parliament the next month.

Ukraine President Zelenskyy to visit Canada this week: sources

B.C. Sikhs ask for protection after Trudeau links Nijjar killing to India

Trudeau's announcement is spurring calls from B.C.'s Sikh community to better protect its members. British Columbia Premier David Eby is also among those expressing concern. He said Monday he had received a briefing from Canada's spy agency about the "assassination" of Nijjar and was "deeply disturbed" by what he was told.

B.C. Sikhs ask for protection after Trudeau links Nijjar killing to India

B.C. launches 'one-stop shop' for provincial permits needed to build homes

British Columbia's government is aiming to speed up the construction of new homes and secondary suites by releasing new guides and programs to help streamline the process. Premier David Eby says the new Single Housing Application Service, first promised in January, gives builders a clear understanding of the provincial permits needed to build a house so they don't have to navigate the "maze of the provincial government" on their own.

B.C. launches 'one-stop shop' for provincial permits needed to build homes

Canada's inflation rate jumps to 4%, making the BoC's next rate decision harder

Canada's inflation rate jumped to four per cent last month, as economists warn the latest consumer price index report spells bad news for the Bank of Canada. Statistics Canada released its latest inflation reading on Tuesday, which shows the annual rate rose from 3.3 per cent in July, marking the second consecutive month inflation has risen.

Canada's inflation rate jumps to 4%, making the BoC's next rate decision harder

Climate, development, India top of mind as Trudeau travels to UN General Assembly

The day before departing for New York, Trudeau rocked the House of Commons with "credible allegations" linking agents of India's government to the deadly shooting this past June of a Sikh leader in Surrey, B.C. It's a striking contextual backdrop for the week ahead at the United Nations, a place where aspirational visions of a prosperous and peaceful future often crash headlong into stark political realities.

Climate, development, India top of mind as Trudeau travels to UN General Assembly

India expels Canadian diplomat after Canada links Indian agents to Sikh leader death

India struck back at Canada early Tuesday after Prime Minister Justin Trudeau linked agents of India's government to the shooting death of a Sikh leader near Vancouver. A statement from India's Ministry of External Affairs says an unnamed senior Canadian diplomat has been asked to leave India within the next five days.