FRASER VALLEY - NAIOP Vancouver Chapter, and Bunt & Associates Engineering (Bunt), have produced a first-of-its-kind report examining the impact of parking supply rates on industrial sites...
startup stories BUSINESS NEWS
C.D. Howe: Canada’s Competition Act Must Remain Effects-Based
OTTAWA – Canada’s Competition Act must remain effects-based, and the Standing Committee on Finance must exercise caution reviewing the legal test for abuse of dominance, according to a new...
Fraser Institute: 388 New Mines Must be Built by 2030 to Satisfy Electric Vehicle Mandates
BRITISH COLUMBIA - To meet international government mandates for electric vehicles (EV), a total of 388 new mines must be built to produce the metals required for EV production, finds a new study...
Sport Fishing Institute Funded for Salmon Research
BRITISH COLUMBIA - At the Sport Fishing Institute’s recent Annual Policy Conference it was announced that the non-profit organization would received approximately $143 million jointly supported by...
Increased Competition Continues To Negatively Affects Canada Post
Canada Post Reports $290-Million Loss Before Tax In Third Quarter OTTAWA - Canada Post recorded a loss before tax of $290 million in the third quarter of 2023 as revenue fell for the Parcels and...
BC Ferry Second Quarter Results Reflect Continued Strong Traffic
VICTORIA - BC Ferries' net earnings for the three months ended September 30, 2023, were $102.1 million, an increase of $21.7 million over the same quarter the previous year. For the six months ended...
Ashcroft Terminal and Vancouver Fraser Port Authority Partner
BRITISH COLUMBIA - Ashcroft Terminal Ltd. and the Vancouver Fraser Port Authority announced that they have signed a letter of intent concerning a long-term arrangement for the transportation of...
CFIB: Federal Fall Economic Statement Fails To Address Key Small Business Concerns
OTTAWA - The Canadian Federation of Independent Business (CFIB) is deeply disappointed the federal government’s 2023 Fall Economic Statement did not include any measures to help small businesses...
BC Strengthening Manufacturing Sector in Fraser Valley
BRITISH COLUMBIA - Through the BC Manufacturing Jobs Fund (BCMJF), the Government of BC is investing more than $1.3 million toward four projects in the Fraser Valley region that will see local...
BCREA: October 2023 Inflation Report
BRITISH COLUMBIA - Canadian prices, as measured by the Consumer Price Index (CPI), rose 3.1 per cent on a year-over-year basis in October, down from 3.8 per cent in September. Excluding gasoline,...
OpenRoad Toyota Peace Arch Announces Major Renovations
SURREY – The OpenRoad Group is investing in a significant renovation project for their Toyota Peace Arch location, including a complete exterior makeover. The dealership will remain open for vehicle...
CPABC: BC Labour Market Cools, but Still Resilient
BRITISH COLUMBIA - According to the latest BC Check-Up: Work report, an annual release by the Chartered Professional Accountants of British Columbia (CPABC) examining employment trends across the...
Langley Chamber: Latest Economic Assessment of Canadian Economy Deemed “Challenging”
Data for Business Latest Findings LANGLEY - '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...
Federal Government Announces $179 Million New Rental Homes In Abbotsford, Langley, And Surrey
ABBOTSFORD - The federal government announced nearly $180 million to build 590 purpose-built rental homes across four projects in Abbotsford, Langley, and Surrey. The funding will come as fully...
STANDARDIZED DESIGNS WILL HELP BUILD MORE BC HOMES
BRITISH COLUMBIA - Homeowners and builders will soon be able to develop new housing quicker and with less cost as the Province works to create new standardized designs for small-scale, multi-unit...
BCREA: October 2023 Housing Starts
BRITISH COLUMBIA - Canadian housing starts rose 1 per cent to 274,681 units in October at a seasonally adjusted annual rate (SAAR). Starts were up 4 per cent from the same month last year....