BRITISH COLUMBIA - As we enter the initial weeks of 2024, our sector is cautiously optimistic, hoping that the worst is now behind us with respect to the pandemic and post-pandemic challenges. A...
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NETHERLANDS COMPANY WINS BC FERRIES CONTRACT
BRITISH COLUMBIA - Damen Shipyards Group (Damen) has secured the contract to construct four cutting-edge hybrid electric Island Class vessels for BC Ferries, a development aimed at increasing...
TERALTA LAUNCHES CLEAN HYDROGEN SYSTEM IN PRINCE GEORGE
CHILLIWACK - Chilliwack-based Teralta, a leading authority in hydrogen strategies, technology, and infrastructure, has announced the launch of the company's clean hydrogen system at a pulp mill in...
NOVEMBER MANUFACTURING STATS SHOWED BIGGEST DECLINE IN VEHICLE SALES
OTTAWA - Canadian manufacturing sales increased 1.2% to $71.7 billion in November, mainly on higher sales in the chemical (+6.6%), primary metal (+4.0%) and machinery (+4.3%) subsectors. Sales in...
CANADA AND BC INVEST OVER $35 MILLION FOR NEW HOMES FOR SURREY
SURREY - The governments of Canada and British Columbia along with the City of Surrey, Metro Vancouver, and Habitat Housing Society announced combined funding of over $35 million for a major rental...
NEXII BUILDING SOLUTIONS COMMENCES PROCEEDINGS UNDER THE CCAA
VANCOUVER - Nexii Building Solutions Inc., Nexii Construction Inc, NBS IP Inc., and Nexii Holdings Inc. (collectively, the "Company" or "Nexii"), a designer and manufacturer of high performance and...
BLACK PRESS ANNOUNCES CORPORATE RESTRUCTURING AND SALE TRANSACTION
From Cision News and Black Press SURREY - Black Press Ltd. and certain of its subsidiaries (collectively "Black Press" or the "Company"), announced today that it obtained an Initial Order on January...
CANADIAN HOME SALES SEE UNEXPECTED SURGE TO CLOSE OUT 2023
OTTAWA - Home sales activity recorded over Canadian MLS® Systems rose 8.7% between November and December 2023, putting it on par with some of last year’s relatively stronger months recorded...
HIGH RATES AND SLOW SALES IN 2023 BC HOUSING MARKET
BRITISH COLUMBIA – The British Columbia Real Estate Association (BCREA) reports that 73,109 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in 2023, a 9.2 per cent...
STANTEC GROWING TO ACQUIRE MORRISON HERSHFIELD
BRITISH COLUMBIA - Stantec, a leading global firm specializing in sustainable design and engineering, has entered into an agreement to acquire Morrison Hershfield, a management and engineering...
CITY OF DELTA SECURES $2 MILLION GRANT FOR UPGRADES
DELTA - The City of Delta has announced the acquisition of a $2 million grant from the BC government's Agricultural Water Infrastructure (AWI) Program. This substantial funding will play a pivotal...
ABBOTSFORD RECREATION CENTRE SECURES FUNDING
ABBOTSFORD - With a federal government investment exceeding $4.45 million, the Abbotsford Recreation Centre is gearing up for a heat recovery and optimization project. Minister Harjit S. Sajjan and...
CTF: TRUDEAU HIKING TAXES AGAIN IN 2024
OTTAWA - Brace for impact, taxpayers. Prime Minister Justin Trudeau will be reaching deeper into your pockets in the new year with payroll tax hikes, a carbon tax hike and alcohol tax hikes....
OTTAWA AND PROVINCES SHOULD RESTART THEIR CALCULATIONS AT ZERO WHEN TAXING SECOND JOBS, RECOMMENDS THE MEI
The Revenue Losses Arising From This Measure Would Amount To $981.1 Million For Ottawa. OTTAWA - Canada’s federal and provincial governments should reassess the tax treatment of second-job income...
SURREY TO FAST TRACK 2,800 HOUSING UNITS OVER NEXT THREE YEARS
SURREY - The Government of Canada and the City of Surrey announced that they reached an agreement to fast track 2,800 housing units over the next three years. This work will help spur the...
BC JUMPS TO SECOND IN U-HAUL MIGRATION TRENDS
BRITISH COLUMBIA — British Columbia jumped from ninth place in 2022 to second in 2023 among growth provinces. New Brunswick, the top growth province for 2022, slipped two spots to third place on the...