PEACE CARIBOO SKEENA BUSINESS NEWS

BCREA: BC MARKETS BALANCED GOING INTO SUMMER

BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that 8,075 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in May 2024, a 11.6 per...

NATIONAL BANK OF CANADA ACQUIRES CANADIAN WESTERN BANK

BRITISH COLUMBIA - National Bank of Canada (NBC) has acquired Canadian Western Bank (CWB) for a reported $5 billion. NBC, based in Montreal, made the announcement Tuesday. The transaction is subject...

NORTHERN BC BRIEFS – JUNE 13, 2024

CIty Publishes 2023 Annual Report PRINCE GEORGE – The City of Prince George has published its 2023 Annual Report. The report is available for public comment on the City's website and at City Hall...

PRPA ANNOUNCES 2023 GREEN WAVE AWARD RECIPIENTS

PRINCE RUPERT – Three companies are being honoured for their exceptional participation in the Prince Rupert Port Authority’s (PRPA) Green Wave program. The recipients of the 2023 Green Wave Award...

BCREA: BANK OF CANADA INTEREST RATE ANNOUNCEMENT

BRITISH COLUMBIA - The Bank of Canada lowered its overnight lending rate this morning by 25 basis points from 5 per cent to 4.75 per cent. In the statement accompanying the decision, the Bank noted...

MARCH GDP REMAINS RELATIVELY UNCHANGED

BRITISH COLUMBIA - Canadian real GDP was essentially unchanged in March, following a 0.2 per cent increase in February. Both goods and services sectors were unchanged from February. Residential...