BRITISH COLUMBIA - Canadian prices, as measured by the Consumer Price Index (CPI), rose 1.9 per cent on a year-over-year basis in November, down from a 2.0 per cent increase in October....
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ICBA: B.C.’s BUSINESS DISADVANTAGE ABOUT TO GET WORSE
The following op-ed, written by Jordan Bateman, ICBA’s VP-Communications, first appeared in Business in Vancouver on Friday, Dec. 13, 2024. BRITISH COLUMBIA - David Eby made his annual visit to the...
COFI RESPONDS TO NDP-GREEN AGREEMENT
BRITISH COLUMBIA - Linda Coady, President & Chief Executive Officer of the BC Council of Forest Industries (COFI), issued the following statement today in response to a commitment to undertake a...
BCREA: NOVEMBER CANADIAN HOUSING STARTS
BRITISH COLUMBIA - Canadian housing starts rose 8 per cent to 262,433 units in November at a seasonally adjusted annual rate (SAAR). Starts were up 25 per cent from the same month last year....
CREA: CANADIAN HOME SALES CONTINUE TO CLIMB IN NOVEMBER
OTTAWA – Home sales activity recorded over Canadian MLS® Systems rose again in November, building on October’s surprise jump. Sales were up 2.8% in November compared to October, and now stand a...
MEI: OTTAWA’S SPENDING SPIRALS OUT OF CONTROL WITH $48.3-BILLION SHORTFALL
OTTAWA - The Trudeau government’s broken pledge to keep the deficit below $40.1 billion for 2023-2024 is one more sign the government has lost control of federal finances, asserts an MEI researcher...
BC FERRIES SUBMITS PLAN TO BUILD FIVE NEW MAJOR VESSELS
VICTORIA - Plans have been submitted to to the BC Ferries Commissioner to build five New Major Vessels (NMVs), which could prove be the largest capital investment in the organizations history. With...
GREEN SHEET FRASER VALLEY BUILDING BRIEFS: DECEMBER 16, 2024
Location: White Rock (multi-family new) Address: 1484 Martin St - Condominiums - Foster Martin - The Landmark Description: New condominium development - 24 storeys - approx 128 units total - 1 to 3...
CANADIANS WILL PAY $9 BILLION TO IMPLEMENT TRUDEAU’S BAN OF BC SALMON FARMS
Liǧʷiłdaxʷ TERRITORY/CAMPBELL RIVER — A new economic impact report by RIAS Inc. concludes that the Trudeau government's proposed ban on current marine net-pen salmon farming in British Columbia will...
PROVINCE SETS STAGE TO BOOST MOTION PICTURE SECTOR
LANGLEY – The Province of BC has increased tax incentives for the motion picture sector in hopes of attracting more major productions and ensure that good-paying film and TV industry jobs stay in...
BCREA: SALES CONTINUE NORMALIZING TREND IN NOVEMBER
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that 5,841 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in November 2024, up 25.7...
CPABC: NAVIGATING PROPOSED CAPITAL GAINS AND LOSSES CHANGES
BRITISH COLUMBIA - A lot has changed over the past year, including the proposed capital gains tax changes in Canada, which took effect on June 25, 2024 and saw the capital gains inclusion rate...
MEI: OTTAWA HAS LOST CONTROL OF ITS SPENDING
OTTAWA – By announcing that it will not respect one of its main fiscal anchors this year, the federal government is showing a lack of rigour, says an MEI researcher. “Once again, the federal...
CFIB: RISING INSURANCE COSTS A CONCERN FOR SMALL BUSINESSES
OTTAWA - Insurance costs have become a top concern for over two-thirds (68%) of Canadian small businesses, and half have experienced an increase of 10% or more in their insurance premiums over the...
BCREA: BANK OF CANADA LOWERS INTEREST RATES
BRITISH COLUMBIA - The Bank of Canada lowered its overnight policy rate by 50 basis points for the second consecutive meeting, bringing it from 3.75 to 3.25 per cent. In the statement accompanying...
LOCAL SURREY LITIGATOR RESOLVES ISSUES AND PUSHES CONSTRUCTION INDUSTRY FORWARD
SURREY – In the complex world of construction law, having an advocate on your side who knows the local landscape and is passionate about its future can offer confidence and calm in high-stakes...