BRITISH COLUMBIA - The British Columbia Real Estate Association reports that Canadian housing starts rose 8 per cent to 240,761 units in October at a seasonally adjusted annual rate (SAAR). Starts...
PEACE CARIBOO SKEENA BUSINESS NEWS
BRITISH COLUMBIA MOVERS & SHAKERS NOVEMBER 15, 2024
News Influencing Decision Makers in BC BRITISH COLUMBIA Brynn Nheiley has been appointed as the new Executive Director of Sustainable Buildings Canada (SBC), with effect from November 12, 2024....
CONSTRUCTION LABOUR FORCE LEVELS MAINTAINED
BRITISH COLUMBIA - Canada’s construction labour force decreased minimally in September, down slightly from 1.73 million in August, 2024 to just under 1.7 million. The Labour Market Corner, presented...
WESTERN FOREST PRODUCTS RELEASES THIRD QUARTER FINANCIALS
LADYSMITH - Western Forest Products Inc. (WFP) posted a net loss of $19.6 million in the third quarter of fiscal 2024, $2.2 million more than the same quarter in 2023. The forestry company had a...
REPORT FORCASTS WINTER RECREATIONAL MARKETS IN BC
BRITISH COLUMBIA - According to the recently released Royal LePage Winter Recreational Property Report, home prices in Canada's popular ski regions1 remained virtually flat year over year in the...
ICBA ECONOMICS: CONSTRUCTION PRICES STILL RISING FASTER THAN OVERALL INFLATION
By Jock Finlayson, ICBA Chief Economist BRITISH COLUMBIA - The Canadian construction industry has been forced to navigate fast-rising costs and a more complex operating environment over the past...
BCREA: OCTOBER EMPLOYMENT STATS SHOW SLOW AND STEADY RECOVERY
BRITISH COLUMBIA - Canadian employment rose by 0.1 percent from the previous month, growing by 15,000 jobs to 20.597 million in October. The employment rate fell by 0.1 points to 60.6 per cent,...
CONSTRUCTION INDUSTRY GROWING, BUT IDENTIFIES NEED FOR MAJOR PROJECTS
BRITISH COLUMBIA - To view the glass half full, construction in British Columbia continues to grow. If one is inclined to look at it half empty, declining investments in major projects and the...
OPINION: OWN THE DIRT: THE NUMBER ONE RULE OF BUSINESS
BRITISH COLUMBIA - “The number one rule of business is own the dirt.” Bruce Alexander, the former owner of Parksville Chrysler and a good friend of mine, told me that more than once. With that in...
BDC AND EQUIFAX LAUNCH CANADIAN SMALL BUSINESS HEALTH INDEX
OTTAWA - The Business Development Bank of Canada (BDC) and Equifax Canada have partnered to launch the Canadian Small Business Health index. By combining actual business data and industry sentiment,...
BCREA: BC HOME SALES BUILDING MOMENTUM HEADING INTO 2025
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) released its 2024 Fourth Quarter Housing Forecast. Multiple Listing Service® (MLS®) residential sales in BC are forecast to...
ECABC: GOVERNMENT POLICY IMPACT ON CONTRACTORS
BRITISH COLUMBIA - The provincial government has an enormous impact on the construction sector’s operating environment. As a non-partisan industry association, the Electrical Contractors Association...
MEI: THINK TANK TAKES INSPIRATION FROM GERMAN AND NETHERLANDS HEALTH SYSTEMS
OTTAWA - Taking inspiration from German and Dutch health systems could help improve access to primary care providers such as family doctors, according to an MEI publication released this morning....
BCREA: CANADIAN GDP UNCHANGED IN AUGUST
BRITISH COLUMBIA - Canadian real GDP was essentially unchanged in August, following a 0.1 per cent increase in July. Service-producing industries grew by 0.1 per cent, while goods-producing...
RECENT B.C. GOVERNMENT SECTOR EMPLOYMENT GREW BY 22% VS 0.5% GROWTH IN THE PRIVATE SECTOR
BRITISH COLUMBIA - BC’s net job creation from 2019-23 has been driven almost exclusively by growth in government employment rather than the private sector, at 22 per cent and 0.5 per cent over the...
BC CHAMBER ISSUES LETTER TO LEADERS
BRITISH COLUMBIA - Following announcement of the provincial election results on October 28, 2024, the BC Chamber of Commerce together with other business and industry associations released the...