Category: British Columbia Business News

OTTAWA – On Wednesday, January 29, 2025, the Bank of Canada reduced its target for the overnight lending rate 25 basis points from 3.25% to 3%. The cut was widely expected by financial markets in the lead-up to the...

OTTAWA – In 2024, small businesses spent a whopping 735 hours complying with regulation, finds a new report by the Canadian Federation of Independent Business (CFIB) released recently in partnership with Intuit QuickBooks...

BRITISH COLUMBIA – The British Columbia Real Estate Association (BCREA) released its 2025 First Quarter Housing Forecast Update today. Multiple Listing Service® (MLS®) residential sales in BC are forecast to increase 14.3...

BRITISH COLUMBIA – Canadian retail sales remained largely unchanged at $67.6 billion in November from the previous month. Compared to the same time last year, retail sales are up by 1.6 per cent. Furthermore, core retail...