victoria BUSINESS NEWS

EQUIFAX: DELINQUENCY LEVELS SHOW SIGNS OF STABILIZING

OTTAWA - New insights from Equifax® Canada Market Pulse Quarterly Consumer Credit Trends and Insights show early signs of stabilization in consumer credit performance in the second quarter of 2025....

BRITISH COLUMBIA MOVERS & SHAKERS AUGUST 22, 2025

News Influencing Decision Makers in BC Chris O'Riley, who has served at BC Hydro for 35 years, has announced his retirement. Dr. Satwinder Bains has officially retired from his role as the founding...

ITC CONSTRUCTION GROUP BUYS FARMER CONSTRUCTION

BRITISH COLUMBIA – ITC Construction Group has acquired Vancouver Island-based Farmer Construction. Founded in 1983, award winning ITC builds residential high-rises and mixed-use developments across...

TRADES: BUILDING THE FUTURE OF BRITISH COLUMBIA

BRITISH COLUMBIA - The construction trades remain one of the cornerstones of British Columbia’s economy, shaping the skyline of cities, supporting major infrastructure projects, and creating...

VRBA: HOUSING STARTS INCREASE 29% IN GREATER VICTORIA

VICTORIA - CMHC reports Greater Victoria’s 2,920 housing starts from January to July 2025 are 29% higher than the 2,259 starts in 2024. The vast majority are condo/apts representing 83% of new...

BCREA: CANADIAN HOUSING STARTS SHOW 4% INCREASE

BRITISH COLUMBIA - Canadian housing starts increased 4 per cent from the previous month, totalling 294,085 units in July at a seasonally adjusted annual rate (SAAR). Starts were up 7 per cent from...

SITE C PROJECT COMES INTO FULL OPERATION

FORT ST. JOHN - BC Hydro has reached a historic milestone with the successful commissioning of the sixth and final generating unit on the Site C project. With all six units now in service, Site C...

BRITISH COLUMBIA MOVERS & SHAKERS AUGUST 15, 2025

News Influencing Decision Makers in BC Gregg Evjen will take over as president of KF Aerospace on September 1st, while Tracy Medve, the former president and CEO of the company, will take over as CEO...