LANGLEY – The Province of BC has increased tax incentives for the motion picture sector in hopes of attracting more major productions and ensure that good-paying film and TV industry jobs stay in...
THOMPSON OKANAGAN BUSINESS NEWS
BCREA: SALES CONTINUE NORMALIZING TREND IN NOVEMBER
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that 5,841 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in November 2024, up 25.7...
NAMING RIGHTS OPPORTUNITIES IN VERNON
VERNON - Vernon Recreation Services is offering businesses, organizations, and individuals a chance to support the Active Living Centre through sponsorship opportunities. Options include donations,...
CPABC: NAVIGATING PROPOSED CAPITAL GAINS AND LOSSES CHANGES
BRITISH COLUMBIA - A lot has changed over the past year, including the proposed capital gains tax changes in Canada, which took effect on June 25, 2024 and saw the capital gains inclusion rate...
MEI: OTTAWA HAS LOST CONTROL OF ITS SPENDING
OTTAWA – By announcing that it will not respect one of its main fiscal anchors this year, the federal government is showing a lack of rigour, says an MEI researcher. “Once again, the federal...
PAIR OF REGIONAL WIND FARMS APPROVED BY BC HYDRO
WEST KELOWNA – K2 Wind Power Inc., a joint partnership between Innergex Renewable Energy Inc. and Westbank First Nation, was one of nine windfarm energy projects chosen by BC Hydro as part of its...
GREEN SHEET OKANAGAN BUILDING BRIEFS: DECEMBER 12, 2024
Location: Kelowna (mixed-use dev) Address: 3805 Lakeshore Rd - Condominiums - Commercial Description: New mixed use development - 6 storeys - 104 condominium units - 559 sf to 1,256 sf units -...
THOMPSON OKANAGAN MOVERS & SHAKERS DECEMBER 12, 2024
News Influencing Thompson Okanagan Business KELOWNA Binny Boparai-Gill of Kelowna is named the outstanding female entrepreneur by BC Food & Beverage. Russel Metals has acquired Tampa Bay Steel,...
CFIB: RISING INSURANCE COSTS A CONCERN FOR SMALL BUSINESSES
OTTAWA - Insurance costs have become a top concern for over two-thirds (68%) of Canadian small businesses, and half have experienced an increase of 10% or more in their insurance premiums over the...
BCREA: BANK OF CANADA LOWERS INTEREST RATES
BRITISH COLUMBIA - The Bank of Canada lowered its overnight policy rate by 50 basis points for the second consecutive meeting, bringing it from 3.75 to 3.25 per cent. In the statement accompanying...
BC HIGHWAYS CONTRACTORS HONOURED
BRITISH COLUMBIA - Highway contractors, who build and maintain British Columbia's transportation infrastructure, have been honoured for their approach to service and innovation. The B.C....
BCREA: EMPLOYMENT GAINS DRIVEN BY PUBLIC SECTOR
BRITISH COLUMBIA - Canadian employment rose by 0.2 per cent from the previous month, growing by 51,000 jobs to 20.647 million in November. The employment rate remained unchanged at 60.6 per cent,...
KELOWNA TO HOST 2026 MEMORIAL CUP TOURNAMENT
KELOWNA – In 2026, the puck stops here. Kelowna was named as the host for the 2026 Memorial Cup Tournament, emblematic of the Canadian Hockey League championship November 27. The City of Kelowna...
LOCAL RESIDENTIAL REAL ESTATE ACTIVITY BUSIER THAN SEASONALLY EXPECTED
OKANAGAN - Residential real estate sales in November saw higher than seasonally anticipated activity in spite of a tapering off towards the end of the month, reports the Association of Interior...
BIABC ANNOUNCES NEW PRESIDENT
KAMLOOPS – Business Improvement Areas of British Columbia (BIABC), the organization that represents 70 business districts and more than 55,000 businesses across our province, today announced a long...
OPINION: WHAT A DONALD TRUMP PRESIDENCY MEANS FOR THE CANADIAN ECONOMY
BRITISH COLUMBIA - Donald J. Trump’s re-ascendancy to the Presidency of the United States of America was one of the most compelling political stories of a lifetime. His vow to Make America Great...