Central/North Vancouver Island
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...
VANCOUVER ISLAND NORTH FILM COMMISSION ATTRACTS FILMS AND BOOSTS ECONOMY
VANCOUVER ISLAND - The line producer and location manager behind the film One Mile arrived on Vancouver Island for a quick look at a single location. They wanted to see McLean Mill National Historic...
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...
BREWSTER WIND FARM APPROVED BY BC HYDRO
CAMPBELL RIVER – Brewster Wind Inc., a joint partnership between Capstone Infrastructure and Wei Wai Kum First Nation, was one of nine windfarm energy projects chosen by BC Hydro as part of its 2024...
CITY OF CAMPBELL RIVER ACQUIRES PROPERTIES FOR FUTURE DEVELOPMENT
CAMPBELL RIVER - The City of Campbell River has strategically acquired properties in Downtown Campbell River, beginning with 1302 Shoppers Row (Downtown Safety Office) in 2023, and most recently...
South Vancouver Island
BC FERRIES SUBMITS PLAN TO BUILD FIVE NEW MAJOR VESSELS
VICTORIA - Plans have been submitted to to the BC Ferries Commissioner to build five New Major Vessels (NMVs), which could prove be the largest capital investment in the organizations history. With...
A LOOK BACK WITH COASTAL COMMUNITY CREDIT UNION
VANCOUVER ISLAND - With 2024 coming to a close, we want to highlight a few of the business tips our experts provided throughout the year. As you make resolutions in the New Year, we hope they help!...
CANADIANS WILL PAY $9 BILLION TO IMPLEMENT TRUDEAU’S BAN OF BC SALMON FARMS
Liǧʷiłdaxʷ TERRITORY/CAMPBELL RIVER — A new economic impact report by RIAS Inc. concludes that the Trudeau government's proposed ban on current marine net-pen salmon farming in British Columbia will...
PROVINCE SETS STAGE TO BOOST MOTION PICTURE SECTOR
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...
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...
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...
Thompson Okanagan
BC HOTEL ASSOCIATION ANNOUNCES NEW BOARD
BRITISH COLUMBIA — The BC Hotel Association (BCHA) is pleased to introduce several new Board of Directors, following the official announcement at their Annual General Meeting on November 19th at the...
NUANCE NEEDED: INTERIOR SKI HILLS NEED EXEMPTIONS FROM THE FEDERAL FOREIGN BUYER’S BAN
BRITISH COLUMBIA - After last year’s particularly dismal ski season, the promise of a snowy, La Nina-kissed winter has skiers across the province excited to hit the slopes. While the weather...
ICBA ECONOMICS: MEASURING THE HOUSING CAPITAL STOCK
By Jock Finlayson, ICBA Chief Economist BRITISH COLUMBIA - Canada is sitting on $7.4 trillion worth of fixed assets, yet we’re still grappling with a housing crisis and sluggish productivity. With...
ADVISORY: THE IMPORTANCE OF TERMINATION CLAUSES
BRITISH COLUMBIA - A termination clause is a term of an employment agreement that sets out how an employment relationship can be terminated as well as the parameters on what happens when termination...
KF AEROSPACE RENEWS PUROLATOR CONTRACT AND SIGNS WITH SKYALYNE
KELOWNA - KF Aerospace has announced its 50-year partnership with Purolator to operate the British Columbia Feeder Network (BCFN) has been extended for an additional 10 years. On the heels of this...
GREEN SHEET OKANAGAN BUILDING BRIEFS: NOVEMBER 28, 2024
Location: Penticton (multi-family new) Address: 286 Rigsby St - Rental Condominiums Description: New multi family development - 5 storeys - 48 rental condominium units - studio to 3 bedroom units -...
Fraser Valley
FRASER VALLEY HOME SALES UP IN NOVEMBER OVER 2023 NUMBERS
SURREY – Home sales in the Fraser Valley were up 28 percent in November over the same month in 2023, the Fraser Valley Real Estate Board reports. There were 1,136 sales recorded in November, which...
ICBA ECONOMICS: MEASURING THE HOUSING CAPITAL STOCK
By Jock Finlayson, ICBA Chief Economist BRITISH COLUMBIA - Canada is sitting on $7.4 trillion worth of fixed assets, yet we’re still grappling with a housing crisis and sluggish productivity. With...
FVRD ANNOUNCES ELECTION OF BOARD CHAIRS AND VICE-CHAIRS
CHILLIWACK - During the Fraser Valley Regional District (FVRD) inaugural Board of Directors meeting on November 28, 2024, the Board elected the Chairs and Vice-Chairs for the upcoming year. City of...
SBOT: CONCERNS ABOUT BC’S GDP GROWTH RELIANCE ON GOVERNMENT SPENDING
SURREY - The Surrey Board of Trade (SBOT) is raising alarms about British Columbia’s 2023 GDP growth being disproportionately driven by government spending, according to the recently released GDP...
ADVISORY: THE IMPORTANCE OF TERMINATION CLAUSES
BRITISH COLUMBIA - A termination clause is a term of an employment agreement that sets out how an employment relationship can be terminated as well as the parameters on what happens when termination...
EQUIFAX: AFFORDABILITY CHALLENGES STILL PERSIST
OTTAWA – Equifax Canada’s latest Market Pulse Consumer Credit Trends Report reveals that while recent interest rate cuts have provided easing of financial pressures for some Canadians, other groups...
Northern BC
BRITISH COLUMBIA MOVERS & SHAKERS OCTOBER 24 2024
News Influencing Decision Makers in BC BRITISH COLUMBIA Steve Mackie will take over as Canfor Pulp's president and chief executive officer on November 1, 2024. In his role as Canfor Corporation's...
BERRY & SMITH KEEPING ON TRUCKING FOR 70 YEARS
By Mark MacDonald, Business Examiner PENTICTON – Berry & Smith Trucking Ltd. has been on the road for countless miles over the years, but the company’s ability to change gears has been...
QUALITY SPACES IN CONVENIENT PLACES
Advertising Feature BRITISH COLUMBIA - Marcus Lowe is the President and Co-founder of Pockit Self Storage. Launched in 2017 in partnership with Hungerford Properties, one of Western Canada’s leading...
TOURMALINE AND CLEAN ENERGY BUILDING CNG STATIONS ACROSS WESTERN CANADIAN HIGHWAYS
BRITISH COLUMBIA - Natural gas producer, Tourmaline Oil Corp. (TSX: TOU) and Clean Energy Fuels Corp. (NASDAQ: CLNE) announced the opening of two new compressed natural gas (CNG) fueling stations in...
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...