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...
startup stories BUSINESS NEWS
SURREY BOARD OF TRADE CALLS FOR URGENT INVESTMENT IN SURREY’S EDUCATION INFRASTRUCTURE
SURREY - As schools reopen today, the Surrey Board of Trade is raising concerns about the severe overcrowding in our classrooms and the ongoing lack of funding to support our rapidly growing student...
FRASER VALLEY MOVERS & SHAKERS SEPTEMBER 4, 2024
Fraser Valley Business News DELTA Chris Knoesel has been appointed as the new Project Manager for Bender Painting & Decorating + Bender Construction's Vancouver Island operations. 5911 Hair...
GREEN SHEET FRASER VALLEY BUILDING BRIEFS: SEPTEMBER 4, 2024
Location: Fraser Valley Regional District (industrial new) Address: New multi tenant industrial development - approx 8 structures Description: New multi tenant industrial development - approx 8...
CHEAM FIRST NATION PURCHASES FRASER RIVER LODGE
CHEAM / PELÓLXW TERRITORY (ROSEDALE) – Cheam First Nation has finalized the purchase of the Fraser River Lodge, a world-class tourism lodge and successful business which is located near the Cheam...
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...
CHARTWELL ANNOUNCES VANCOUVER ISLAND ACQUISITIONS
BRITISH COLUMBIA - Chartwell Retirement Residences (TSX: CSH.UN) announced that it has entered into definitive agreements for acquisitions of three modern retirement residences on Vancouver Island...
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,...
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...