BRITISH COLUMBIA – The average value of Canadian farmland increased by 12.8 per cent in 2022, amid strong farm income, elevated input prices and rising interest rates. The demand for farmland...
PEACE CARIBOO SKEENA BUSINESS NEWS
BC Housing Market Shows Signs of Recovery
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that a total of 4,775 residential unit sales were recorded in Multiple Listing Service (MLS) systems in February 2023,...
Canadian Economic Survey Results
OTTAWA - Canada’s economy has fully recovered from the COVID-19 crisis but faces risks from high inflation and global economic uncertainties stemming from Russia’s war of aggression against Ukraine,...
Rick Hansen Foundation BC Grants Program Supports Eight Municipalities
BRITISH COLUMBIA - The Rick Hansen Foundation (RHF) celebrates eight municipalities across British Columbia who have committed to improving accessibility through their participation in the BC Grants...
BC Mining Exploration Hit 10-Year High in 2022
BRITISH COLUMBIA – Mining exploration in 2022 hit a 10-year high in expenditures, the British Columbia Mineral and Coal Exploration Survey released March 7 states. The seventh annual survey found...
Bank of Canada Maintains Policy Rate
OTTAWA - The Bank of Canada held its target for the overnight rate at 4½ per cent, with the Bank Rate at 4¾ per cent and the deposit rate at 4½ per cent. The Bank is also continuing its policy of...
Fraser Institute: Women’s Economic Rights—Moving Closer to Gender Equality?
OTTAWA - Despite improvements worldwide, 42 countries continued to have restrictions on the economic rights of women over a recent two-year period while 13 countries lifted legal restrictions on...
A Poll of Canadians on the Average Family’s Taxes
74 Per Cent Of Canadians Surveyed Believe The Average Family Is Being Over-Taxed BRITISH COLUMBIA - The total tax bill continues to rise for the average Canadian family as 74 per cent of Canadians...
Prince Rupert Port Authority Achieves Milestone on Ridley Island Project
PRINCE RUPERT - The Prince Rupert Port Authority (PRPA) announced that the Ridley Island Export Logistics Project (RIELP) has reached a significant milestone with the receipt of its final...
What You Need to Know: Navigating Canada’s Underused Housing Tax
BRITISH COLUMBIA - On June 9, 2022, the federal government enacted the Underused Housing Tax (UHT), effective for the 2022 tax year. The first filing for 2022 is due on April 30, 2023. While...
Northern Development to Fund Community Projects
PRINCE GEORGE - Northern Development’s board of directors announced that it has approved funding for four valuable projects in central and northern BC. “The Trust introduced the Recreation...
2022 A Tough Year For Canfor
PRINCE GEORGE – It was a difficult 2022 for Canfor Pulp Profits Inc. The forestry company posted an operating loss of $106 million for 2022, up from $65.5 million in 2021. Fibre shortages in B.C.,...
Teamwork Fuels Enex Energy Corp. To Top BE Award
Outstanding 2022 Growth Drives Firm To Vancouver Island Business of the Year Award By Mark MacDonald BRITISH COLUMBIA – When Enex Energy Corp. was named Business of the Year at the January 26 MNP...
OPINION: Electric Vehicles Now More Expensive To Run Than Gas Cars, Study Says
BRITISH COLUMBIA - Electric cars are now more expensive to operate than gas-powered vehicles. This stunning revelation by the Anderson Economic Group (AEG) was shared in a Fox Business news story,...
Provincial Budget 2023 Focuses On Affordability, But Not On Business
BRITISH COLUMBIA — Today in Victoria, the Government of British Columbia released its 2023 budget that prioritizes spending for important social and community initiatives but comes at the expense of...
Northern BC Tourism Benefits from Federal Funding
PRINCE GEORGE – Over $830,000 in Federal funding was recently announced by Harjit S. Sajjan, Minister of International Development and Minister responsible for the Pacific Economic Development...
