Central/North Vancouver Island
CENTRAL/NORTH VANCOUVER ISLAND MOVERS & SHAKERS OCTOBER 23, 2024
News Impacting Central and North Vancouver Island NORTH ISLAND Anna Kindy, a BC Conservative, won the North Island riding. The rehabilitation project for the indoor swimming pool in Port Hardy has...
YELLOW SHEET VANCOUVER ISLAND BUILDING BRIEFS: OCTOBER 22, 2024
LOCATION: Victoria (mixed-use dev) Apartments - Commercial Address: 2002 Richmond Rd Owner: Empresa Properties, Victoria. Ph: 778-866-1354, krobertson@empressproperties.com Architect: Cascadia...
THE RIGHT PEOPLE: THE FUEL THAT IS ACCELERATING CANADIAN TECHNOLOGY COMPANY AML OCEANOGRAPHIC LTD.
According to Robert Haydock, CEO of rising BC-based oceanographic technology company AML Oceanographic Ltd., you can have the best products in the world but, if you don’t have the right people...
BC RESTAURANTS SEE BIGGEST DROP IN EMPLOYMENT OF ANY PROVINCE IN CANADA
BRITISH COLUMBIA - British Columbia’s restaurant industry is shedding jobs at an alarming rate and has experienced the largest year-over-year drop in employment of any province, warns Restaurants...
C.D. HOWE CALLS FOR BANK OF CANADA TO CUT OVERNIGHT RATE
Monetary Policy Council Calls for Bank of Canada to Cut Overnight Rate to 3.75 Percent Next Week, 3.00 by Spring, 2.50 Percent in a Year OTTAWA – The C.D. Howe Institute’s Monetary Policy...
TRANS MOUNTAIN PIPELINE EXPANSION BRINGS RELIEF AT THE PUMP FOR BC DRIVERS
BRITISH COLUMBIA - British Columbia drivers can expect to see lower gas prices thanks to the recently completed Trans Mountain Pipeline expansion (TMX), according to economist Dr. G. Kent Fellows,...
South Vancouver Island
VANCOUVER ISLAND MENTAL HEALTH CENTRE TRIALLING HIBOOP APP ASSESSMENT TOOL
VICTORIA - HiBoop, a new mental health assessment platform designed to assist healthcare providers, has launched its 3-month Clinical Pilot Program in partnership with The Healing Institute. The...
CFIB: BUSINESS ORGANIZATIONS CALLING ON FEDS TO SCRAP CAPITAL GAINS TAX INCREASE
OTTAWA - The Canadian Federation of Independent Business (CFIB) and 20 other industry organizations have sent a letter to Minister of Finance Chrystia Freeland, calling on the federal government to...
KPMG SURVEY: CROSS-BORDER CONCERNS WITH LOOMING PRESIDENTIAL ELECTION
OTTAWA - As the U.S. election approaches, most (87 per cent) Canadian business leaders fear that the Canadian economy could become ‘collateral damage’ from growing American protectionism that would...
BANK OF CANADA RATE REDUCED TO 3.75%
OTTAWA - The Bank of Canada today reduced its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%. The Bank is continuing its policy of balance sheet...
PRINCIPLE PROPERTY GROUP: TRANSFORMING DOWNTOWN, ONE PROJECT AT A TIME
NANAIMO – Since arriving in Nanaimo in 2016, Principle Property Group Inc., led by Michael Parker, has been a driving force in reshaping the downtown landscape, particularly the South End, now known...
VICTORIA NAMED MOST SUSTAINABLE DESTINATION IN NORTH AMERICA
VICTORIA - The 2024 annual Global Destination Sustainability-Index (GDS-Index) benchmarking results are out, and Victoria has earned the ranking of most sustainable destination in North America. The...
Thompson Okanagan
BCFNJC ANNOUNCES THE LOCATIONS OF 6 NEW INDIGENOUS JUSTICE CENTRES IN BC
BRITISH COLUMBIA - The BC First Nations Justice Council (BCFNJC) is excited to announce that it has been working with First Nations to open new Indigenous Justice Centres (IJCs), by December 2024,...
TRU’S REGIONAL ECONOMIC IMPACT SURPASSES $885 MILLION
KAMLOOPS – Thompson Rivers University (TRU) is a significant economic driver for the B.C. Interior, injecting $2.2 billion into the provincial economy and $885.2 million into the regional economy...
CITY OF KELOWNA OCTOBER 2024 UPDATES
KELOWNA - A new active transportation corridor (ATC) is coming to downtown Kelowna and the proposed concept design is ready for review online and in-person. The Bertram ATC will connect the...
THOMPSON OKANAGAN MOVERS & SHAKERS OCTOBER 17, 2024
News Influencing Thompson Okanagan Business KELOWNA Ross Wise MW, the former Director of Winemaking for Andrew Peller Limited, overseeing wine production at five BC wineries, and leading winemaking...
GREEN SHEET OKANAGAN BUILDING BRIEFS: OCTOBER 24, 2024
Location: Kelowna (mixed-use dev) Address: 1405 St Paul St - Commercial - Residential - One Varsity Description: New mixed use development - 35 storeys - level 1, to include approx 7,256 sf...
CFIB: LOWER VISA AND MASTERCARD FEES FOR SMALL BUSINESS, STRIPE NOT ON BOARD
OTTAWA - After years of advocacy work, the Canadian Federation of Independent Business (CFIB) welcomes this week’s significant reduction in Visa and Mastercard merchant fees for small businesses....
Fraser Valley
BCREA: REGIONAL HOUSING DISPARITIES AND CANADIAN HOUSING STARTS
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that 5,579 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in September 2024, up a...
CEO APPOINTED FOR MISSION BRIDGEHEAD INVESTMENT CORPORATION
MISSION - The City of Mission has announced the appointment of the inaugural Chief Executive Officer for Mission Bridgehead Investment Corporation. After an extensive competitive process, the...
CITY OF SURREY CALLS FOR UPDATED TRANSIT PLAN TO ACCOMODATE GROWTH
SURREY - The City of Surrey is urgently calling for a transit plan for the city’s projected growth to one million residents within the next 20 years The population has increased from 400,000 to more...
GREEN SHEET FRASER VALLEY BUILDING BRIEFS: OCTOBER 15, 2024
Location: Delta (multi-family new) Address: 4726 4740 4752 60B St 6100 Ladner Trunk Rd - Townhouses - SKYE Description: New townhouse development - 13 structures - 3 storeys - approx 56 units -...
FRASER VALLEY MOVERS & SHAKERS OCTOBER 15, 2024
Fraser Valley Business News DELTA Apex Glass will relocate to a new home starting November 1st. They are moving to a new space at 7927 River Road but are still at 4946 Chisholm Street,...
GLOBAL MARKET GLOOM, BUT CHANGES (AND POTENTIAL DISRUPTIONS) ARE COMING
As seen in Truck LoggerBC Fall 2024 OTTAWA - At the end of August, there continues to be general gloom in global wood products markets. Many European countries continue to be squeezed between rising...
Northern BC
BCREA: AUGUST 2024 INFLATION SHOWS MORTGAGE INTERESTS COSTS UP
BRITISH COLUMBIA - Canadian prices, as measured by the Consumer Price Index (CPI), rose 2.0 per cent on a year-over-year basis in August, down from a 2.5 per cent increase in July. This marks the...
PROVINCE WORKING WITH COMMUNITIES ON BUILDING MORE HOUSING WITH ZONING EXTENSIONS
BRITISH COLUMBIA – The Province has granted extensions to 21 B.C. local governments to provide them more time to amend zoning bylaws and upgrade infrastructure for some, or all, of their community....
CREA: CANADIAN HOUSING ACTIVITY REMAINS IN HOLDING PATTERN
OTTAWA - National home sales increased in June following the Bank of Canada’s first interest rate cut since 2020, and activity posted another small gain in August on the heels of the second rate cut...
BCREA: AUGUST 2024 HOUSING STARTS
BRITISH COLUMBIA - According to a press release from the BC Real Estate Association, Canadian housing starts fell 22 per cent to 217,405 units in August at a seasonally adjusted annual rate (SAAR)....
CREATIVE DOOR SERVICES CELEBRATES 55-YEARS OF INDUSTRY EXCELLENCE
DELTA/PRINCE RUPERT – This year, renowned garage and commercial door company Creative Door Services is thrilled to announce its 55-year anniversary celebration. Amidst a rapidly changing market, new...
COFI: STUDY ON SUPPLY CHAIN AND COMMUNITY BENEFITS OF FOREST SECTOR
BRITISH COLUMBIA – A new economic study focusing on local communities across BC was released today by the BC Council of Forest Industries (COFI). This study highlights the vital role of British...