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...
startup stories BUSINESS NEWS
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,...
LANGLEY CHAMBER’S DATA FOR BUSINESS: JULY INFLATION CONTINUES TO DROP
Data for Business’ is an effort of the Langley Chamber, in partnership with the Canadian Chamber, to bring our members reports, stats, and analysis on economic and business data to help inform...
GREEN SHEET FRASER VALLEY BUILDING BRIEFS: AUGUST 27, 2024
Location: Abbotsford (multi-family new) Address: 2668 Parkview St - Condominiums Description: New condominium development - approx 6 storeys - approx 54 units - 1 to 3 bedroom units - approx 555 sf...
FRASER VALLEY MOVERS & SHAKERS AUGUST 27, 2024
Fraser Valley Business News DELTA Established in 2021, CultivATE is a food truck that has expanded to several hundred locations throughout the Lower Mainland. Since 2022, it exclusively employs...
SURREY BOARD OF TRADE: AUGUST 2024 SURREY LABOUR MARKET REPORT SIGNALS NEEDED ACTION
SURREY - The Surrey Board of Trade’s August 2024 Labour Market Intelligence Report has been released, outlining Surrey’s labour market outlook for July 2024. This month’s report includes a special...
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,...
PARTNERSHIP DEVELOPS IMPROVED WILDFIRE MANAGEMENT
KAMLOOPS - Thompson Rivers University (TRU), along with two other Interior post-secondary institutions, has partnered with the City of Kamloops and BC Wildfire Service (BCWS) to develop an enhanced...
PHANTOM CREEK ESTATES OPENS NEW LOCATION IN RICHMOND
RICHMOND/OLIVER - Phantom Creek Estates is opening a new location after five years in business. The successful South Okanagan operation, currently situated on the famed Black Sage Bench, has opened...
TECHNOLOGY SUPPORT FOR BC FARMERS
BRITISH COLUMBIA - The B.C. On-Farm Technology Adoption Program is now open for applications. With up to $2 million available for farmers from the Federal and Provincial Government, funding is...
FUNDING FOR HIGHWAY 1 EXPANSION WILL REDUCE COMMUTER CONGESTION
FRASER VALLEY - Commuters will experience less congestion on their travels between Langley and Abbotsford on Highway 1 due to provincial funding. New funding of $2.65 billion has been approved for...