victoria BUSINESS NEWS

Taxes, Charges Drive Up House Prices, Limit Supply

BRITISH COLUMBIA – Taxes and charges on new and existing homes are a key driver of the cost and supply of affordable homes for Canadians, says a new report from the C.D. Howe Institute. In “Gimme...

Universal Broadband Fund Receiving Applications

VICTORIA - The federal government has launched the Universal Broadband Fund (UBF) with the objective of providing broadband service to 98 per cent of Canadians by 2026. The UBF is designed to...

BC Housing Market Continues Record Pace In October

BRITISH COLUMBIA – The British Columbia Real Estate Association (BCREA) reports that a total of 11,051 residential unit sales were recorded by the Multiple Listing Service (MLS) in October 2020, an...

Scam Targets BC Hydro Small Business Customers

NANAIMO - BC Hydro is warning Vancouver Island customers about a scam targeting small businesses. The scam involves fraudsters contacting customers by phone, email or text and threatening immediate...