PRINCE RUPERT – Through an Integrated Marketplace project led by Innovate BC, new zero and low-emission heavy-duty (HDZEV) trucks will be added to operations at the Port of Prince Rupert to help...
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NEW AIR AMBULANCE PURCHASE WILL ASSIST KELOWNA’S CARSON AIR EFFORTS
BRITISH COLUMBIA – BC Emergency Health Services (BCEHS), which has Kelowna-based Carson Air as its major air ambulance provider, is replacing its existing fleet with $673 million over 10 years from...
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...
NCDA: BC’S STRATEGY AGAINST AUTO THEFT PAYING DIVIDENDS
BRITISH COLUMBIA - In May, the federal government unveiled a National Action Plan on Combating Auto Theft, underlining the growing level of concern about this issue. The strategy includes...
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...
NEW CO-OP ESSENTIALS BRAND AND FORMAT OPENS IN SURREY
SURREY – Otter Co-op and Federated Co-operatives Limited has unveiled a new brand and format called Co-op Essentials at its 17433 56th Avenue in Surrey. The new store on Highway 10 in the Cloverdale...
EQUIFAX: CANADIANS ADAPTING THEIR FINANCIAL DECISIONS TO KEEP UP WITH ECONOMY
OTTAWA - Consumer debt rose to $2.46 trillion at the end of Q1 2024, marking a 3.5 per cent increase from the previous year, according to the latest Market Pulse Consumer Credit Trends and Insights...
LANGLEY SEES FUNDING FOR MORE SCHOOL EXPANSION
LANGLEY – The City of Langley will gain 200 more student spaces at Nicomekl Elementary school as part of the government’s investment to expand schools. The addition will include eight classrooms...
BIRD TO ACQUIRE B.C.-BASED CIVIL INFRASTRUCTURE CONTRACTOR FOR $135 MILLION
SURREY - Bird Construction Inc. (TSX: BDT) announced that it has entered into a definitive share purchase agreement under which Bird will acquire Jacob Bros Construction for estimated aggregate...
MOVERS & SHAKERS FRASER VALLEY FOR JUNE 11, 2024
Fraser Valley Business News DELTA The City of Delta and BC Hydro have reached a licencing agreement, which allows 10 DC Fast Charge electric vehicle (EV) charging stations to be installed in 11...
GREEN SHEET FRASER VALLEY BUILDING BRIEFS: JUNE 11, 2024
Location: Delta (multi-family new) Address: 4726 4740 4752 60B St 6100 Ladner Trunk Rd - Townhouses Description: New townhouse development - 13 structures - 3 storeys - approx 56 units - outdoor...
CFIB: GOVERNMENT MADE NO AMENDMENTS TO PROPOSED CAPITAL GAINS CHANGES
OTTAWA - The Canadian Federation of Independent Business (CFIB) shared its disappointment that the federal government did not make amendments to its proposed changes to capital gains taxation....
CANADA’S FOREST SECTOR WELCOMES NEW NATIONAL WILDLAND FIRE SAFETY
OTTAWA – Last week, the Canadian Council of Forest Ministers (CCFM) introduced the Canadian Wildland Fire Prevention and Mitigation Strategy designed to increase awareness and investment in wildfire...
ICBA: PROVINCE’S NEW LAND-USE LAW CREATES UNCERTAINTY FOR BC MINING
The following op-ed, written by ICBA Chief Economist Jock Finlayson and his Fraser Institute colleagues Julio Mejia and Elmira Aliakbari, was published in Business in Vancouver on June 3, 2024....
NEW ECONOMIC DEVELOPMENT PROFESSIONAL CERTIFICATION AVAILABLE
PENTICTON – Brian Coombes, Chair of the British Columbia Economic Development Association (BCEDA), announced the launch of the Certified Economic Development Professional of British Columbia...
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...