Man sanctioned by BCSC launches $480-million suit

A Port Coquitlam businessman who was fined nearly a decade ago by the B.C. Securities Commission has launched a $480-million civil claim for damages against the commission and others, including the Canada Revenue Agency.
Michael James Savage’s suit is a counter-claim responding to a BCSC action filed in B.C. Supreme Court in late November 2017 to enforce payment of a $100,000 fine. That fine was issued to Savage by the BCSC in February 2008 for misrepresenting a telecom investment and