BRITISH COLUMBIA – September 13, 2022. The British Columbia Real Estate Association (BCREA) reports that a total of 5,645 residential unit sales were recorded by the Multiple Listing Service® (MLS®)...
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THOMPSON OKANAGAN BUSINESS NEWS
Accelerate Okanagan Launches Salary and Compensation Study
KELOWNA - Accelerate Okanagan wants to uncover answers surrounding the unknowns and certainties when it comes to employee salaries and compensation. Starting September 13th, companies are invited to...
Kamloops Residential Real Estate Market Lagging Slightly Behind
KAMLOOPS - Residential real estate sales for the month of August show signs of returning to stronger market activity, reports the Association of Interior Realtors (the Association). A total of 1,205...
BCREA: August Employment Report
BRITISH COLUMBIA - The British Columbia Real Estate Association recently reported on employment for August 2022. Statistics showed a declined by 40,000 (-0.2 per cent) to 19.527 million in August,...
Business Improvement Associations Call for Action to Address Street Disorder and Crime in BC
BRITISH COLLUMBIA - Members of Business Improvement Areas of BC (BIABC) are today calling for urgent action from all three levels of government to deal with untenable street issues and crime...
BCREA 2022 Third Quarter Housing Forecast
BRITISH COLUMBIA - According to the British Columbia Real Estate Association (BCREA) 2022 Third Quarter Housing Forecast Update, high mortgage rates are predicted to weigh on housing activity...
The Public/Private Compensation Gap is Soaring in Canada
OTTAWA - Do you believe the pandemic’s impact is in the rearview mirror? Well, it isn’t, at least not for a great many small businesses forced to shutter their premises due to “safety concerns” even...
What Employers Need To Know About Winter Driving
BRITISH COLUMBIA - Winter roads can be dangerous for employees who drive for work. It doesn’t matter how experienced they are, how often they drive, or whether they use a company or personal...
Bank Of Canada Increases Policy Interest Rate By 75 Basis Points
BRITISH COLUMBIA - The Bank of Canada has increased its target for the overnight rate to 3.25 per cent, with the Bank Rate at 3.5 per cent and the deposit rate at 3.25 per cent. The Bank is also...
Advisory: Scamproofing Your Business
BRITISH COLUMBIA - Cybercrime is a serious threat to small businesses. In 2021 alone, the Canadian Anti-Fraud Centre showed $207 million lost to fraud. Proactively protect your business by...
Amendments to the Canada Business Corporations Act Impact Public Companies
BRITISH COLUMBIA - The Canada Business Corp orations Act (“CBCA”) was amended effective August 31, 2022 to require shareholders of a public company governed by such legislation to vote “for” or...
BCREA: August Covid-19 Recovery Review
BRITISH COLUMBIA – According to BCREA’s August Covid-19 Recovery Dashboard, home sales continued to decline in July in BC, while starts and new listings were largely steady. Sales fell once again in...
SNDL Announces Agreement To Acquire The Valens Company
KELOWNA - SNDL Inc. (Nasdaq: SNDL) and The Valens Company Inc. (TSX: VLNS) (Nasdaq: VLNS) announced that they have entered into an arrangement agreement to combine their businesses and create a...
New Program Prioritizes 1st Year Apprenticeship in 39 Red Seal Trades
BRITISH COLUMBIA –The BC Construction Association (BCCA) has received over $21M in funding from the Government of Canada’s Apprenticeship Service to enable small and medium sized employers in BC’s...
CFIB Launches a New Initiative to Help Business Owners Promote Wellness
Nearly Four in Five Small Businesses Are Still Dealing With Pandemic-Related Stress OTTAWA – The Canadian Federation of Independent Business (CFIB) is launching Workplace Wellness, a new online...
June Canadian Retail Sales
BRITISH COLUMBIA - Canadian seasonally-adjusted retail sales increased 1.1 per cent in June, hitting $63.1 billion. Sales grew in 8 of 11 subsectors, but were led by higher sales at gasoline...