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

Joly condemns Hamas rapes of Israeli women after weeks of pressure

In Israel, women's organizations have been calling on the international community to speak out, and the government has recently criticized foreign governments for not doing so. Yet police in Israel are still investigating what happened two months ago, after officials prioritized identifying bodies instead of preserving evidence, according to The Associated Press.

Joly condemns Hamas rapes of Israeli women after weeks of pressure

Financial intelligence agency levies $1.3 million penalty against CIBC

Canada's financial intelligence agency says it has levied a $1.3-million penalty against CIBC for non-compliance with money laundering and terrorist financing measures. The penalty is the second the Financial Transactions and Reports Analysis Centre of Canada has announced this week after RBC's $7.4-million fine was publicized on Tuesday.

Financial intelligence agency levies $1.3 million penalty against CIBC

Cyberactivity targeting elections on rise, says report from Canada's e-spy service

A new federal report says cyberthreat activity targeting elections is increasing worldwide, and is now more likely to be seen in Canada's next federal ballot. The report by the Canadian Centre for Cyber Security found that in 2022 slightly over one-quarter of all national elections globally had at least one reported cyberincident.

Cyberactivity targeting elections on rise, says report from Canada's e-spy service

Oil and gas emissions cap coming Thursday, targets 2026 start date

The long-promised cap on greenhouse gas emissions for Canada's oil and gas sector will begin as early as 2026 and use a cap-and-trade system that applies by facility, a federal government source said Wednesday. The outline for the policy that the government is set to publish Thursday will show that industry will not be asked to cut emissions as deeply as planned under last year's emissions reduction report, said the source.

Oil and gas emissions cap coming Thursday, targets 2026 start date

Number of Canadians with disabilities doubles in 10 years, hits 8 million: StatCan

The number of Canadians with at least one disability has doubled in 10 years, a reality that should push governments to help reduce barriers to accessibility, says the head of a human rights organization. Statistics Canada data shows that 27 per cent of people 15 and older — about eight million Canadians — reported having at least one disability in 2022, about twice the percentage of people who reported a disability 10 years ago.

Number of Canadians with disabilities doubles in 10 years, hits 8 million: StatCan

Political shift underway in B.C., says confident Conservative Leader John Rustad

B.C. Conservative Leader John Rustad says Premier David Eby and Opposition BC United Leader Kevin Falcon are both looking over their shoulders at the political gains being made by the new kid on the block. Rustad says the presence of his two-member Conservative caucus has stirred debate and changed dialogue at the legislature and the party appears to be gaining momentum with voters as British Columbia's scheduled fall election approaches.