Written By David Williams BRITISH COLUMBIA –British Columbians are worried about the rising cost of living, and rightly so. For example, in a May 24-30 poll of 1,203 British Columbians by Angus...
PEACE CARIBOO SKEENA BUSINESS NEWS
BANK OF CANADA REDUCES POLICY RATE BY 25 BASIS POINTS TO 4¼%
OTTAWA - The Bank of Canada today reduced its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is continuing its policy of balance sheet...
B.C.’S NEW STUDENT ‘ASSESSMENTS’ VASTLY INFERIOR TO PREVIOUS EXAMS IN MEASURING STUDENT AND SCHOOL PERFORMANCE
BRITISH COLUMBIA - The British Columbia government’s new student “assessments” in high schools are much less valuable and useful than the previous exams in measuring student and school performance,...
OPINION: FALCON’S FLIGHT GOOD REASON FOR NDP FRIGHT
BRITISH COLUMBIA - Now that’s leadership. Kevin Falcon’s surprise decision to suspend the BC United campaign and throw his weight behind John Rustad’s upstart BC Conservatives not only gives British...
NORTHERN DEVELOPMENT LAUNCHES NORTHERN ECONOMIC DEPENDENCIES DASHBOARD
Northern Development PRINCE GEORGE - Northern Development Initiative Trust is pleased to launch a new economic visualization tool that provides economic insights for northern and central British...
BEBC: MOVERS & SHAKERS AUGUST 29, 2024 – BRITISH COLUMBIA
News Influencing Decision Makers in BC Beth McMahon has been appointed as the new president and CEO of the Hotel Association of Canada (HAC), effective September 16, 2024. McMahon, an award-winning...
KOT AUTO GROUP ACQUIRES 10TH DEALERSHIP
BRITISH COLUMBIA – Kot Auto Group’s acquisition of its 10th dealership, Sunrise Ford in 100 Mile House, continues their goal of reaching 15 dealerships by 2029. The new and used Ford dealership,...
KEVIN FALCON TO SUSPEND CAMPAIGN, ENCOURAGE BC UNITED SUPPORTERS TO GET BEHIND CONSERVATIVE PARTY OF BC
BRITISH COLUMBIA – Today, BC United Leader Kevin Falcon announced that he is suspending his party’s campaign and encouraging all BC United supporters to unite behind John Rustad and the Conservative...
2025 RENT INCREASE TIED TO INFLATION ACCORDING TO PROVINCE
BRITISH COLUMBIA - The Province of B.C. is tying the annual allowable rent increase in 2025 to inflation at 3%, down from this year’s allowable increase of 3.5%. The maximum annual allowable rent...
MNP EXPANDS IN THE THOMPSON OKANAGAN
KAMLOOPS - MNP, has announced that it will join forces with the Kamloops-based firm, Finnie Hunka LLP, effective October 15, 2024. On this date Ken Finnie, CPA, CMA, and Kimberly Hunka, CPA, CGA,...
BC CONSTRUCTION ASSOCIATIONS PROPOSE MINISTER OF CONSTRUCTION ROLE
BRITISH COLUMBIA - With only two months left before B.C. voters hit the polls, the Vancouver Regional Construction Association (VRCA) and the BC Construction Association (BCCA) are aiming to turn...
EQUIFAX REPORT SHOWS ECONOMIC PRESSURES MOUNTING FOR YOUNG ADULTS
Equifax Canada Market Pulse Quarterly Consumer Credit Trends Report CANADA - Consumer debt levels rose to $2.5 trillion in the second quarter of 2024, marking a 4.2 per cent increase since Q2 2023,...
BCREA 2024 THIRD QUARTER HOUSING FORECAST UPDATE
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) released its 2024 Third Quarter Housing Forecast Update. Multiple Listing Service® (MLS®) residential sales in BC are forecast...
BC CHAMBER UNVEILS POLL AHEAD OF OCTOBER ELECTION
BRITISH COLUMBIA - As British Columbia prepares for its provincial election this October, the BC Chamber of Commerce is shedding light on the economic and policy concerns that matter most to voters....
ICBA ECONOMICS: DIGGING INTO BRITISH COLUMBIA’S LOPSIDED JOB MARKET
The following piece by ICBA Chief Economist Jock Finlayson, in his role as a Senior Fellow of the Fraser Institute, was first published in the Toronto Sun on August 7, 2024. BRITISH COLUMBIA - July...
MOTOR VEHICLE & PARTS DEALERS SHOW GREATEST DECREASE IN JUNE RETAIL SALES
OTTAWA - Canadian retail sales decreased 0.3% to $65.7 billion in June. Sales were down in four of nine subsectors and were led by decreases at motor vehicle and parts dealers. In volume terms,...