National

B.C. Securities Commission hands out first whistleblower award

Darpan News Desk The Canadian Press, 03 Jun, 2026 11:44 AM

The British Columbia Securities Commission says it has paid out $25,000 in its first whistleblower award.

The commission says in a news release that the information contributed to an ongoing enforcement action of suspected misconduct.

Commission chair Brenda Leong says the payout shows that when people come forward with information, it can make a real difference in its ability to act quickly to protect investors and the integrity of investment markets.

It says it gives whistleblower awards for information leading to specific types of enforcement action, including a halt-trade order, preservation orders and formal allegations.

Details about the specific enforcement action connected to the award won't be disclosed to protect the identity of the person who came forward.

The commission says its whistleblower program is unique because it pays for ongoing enforcement matters, rather than at the end of a hearing, with awards ranging from $1,000 to a maximum $500,000.

“The more valuable your information is, the more we may pay you," Leong said in a statement.

Picture Courtesy: THE CANADIAN PRESS/Adrian Wyld

Prev Next

MORE National ARTICLES

Cars carrying grains derailed into river

A derailment has sent rail cars carrying grain plunging into the Fraser River, and CN Rail says it's working to restore the tracks near Boston Bar, B.C. It says the incident involving about a dozen cars from a CPKC train on its mainline east of the Fraser Canyon community happened on Sunday due to a rockslide.

Cars carrying grains derailed into river

Over 280M trees planted: BC Gov

British Columbia's forests ministry says more than 280 million trees were planted in the province this year. It says 13 different native tree species were chosen in its effort to preserve ecosystems and prioritize characteristics including resilience to climate change.

Over 280M trees planted: BC Gov

Green Party's Elizabeth May reflects on unprecedented week in Canadian politics

In a year-end interview with The Canadian Press, May — now in her 13th year as the B.C. MP for Saanich—Gulf Islands — spoke about the bombshell events on Parliament Hill, the parliamentary stalemate that has paralyzed the House of Commons for months and her thoughts on the fate of Prime Minister Justin Trudeau's Liberal leadership.

Green Party's Elizabeth May reflects on unprecedented week in Canadian politics

Ontario asks Canada's highest court to hear youth-led climate case

Ontario is asking the Supreme Court of Canada to urgently decide whether it will hear a historic youth-led challenge of the province's climate plan. It's the first case to be tried in Canada that considers whether a government's climate plan can violate the Charter of Rights and Freedoms.

Ontario asks Canada's highest court to hear youth-led climate case

Bank of Canada watching economy closely after half-point rate cut

Members considered only cutting by a quarter-point, but ultimately brought the rate down to 3.25 per cent in a bid to bring it closer to its so called neutral rate, where it is neither slowing nor speeding up economic growth.

Bank of Canada watching economy closely after half-point rate cut

Environment Canada issues blizzard warning in Yukon, gusts up to 100 km/h expected

Environment Canada has issued a blizzard warning for Dempster Highway near the Richardson Mountains in Yukon. The advisory warns drivers in the region that travel is "extremely hazardous" due to gusty winds with "persistent visibility near zero" due to blowing snow.