BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that 5,943 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in August 2024, a 10 per...
THOMPSON OKANAGAN BUSINESS NEWS
BUILD KAMLOOPS ALTERNATIVE APPROVAL PROCESSES NOW OPEN
KAMLOOPS - Build Kamloops is a multi-year, multi-phase visionary program to re-establish the City of Kamloops's prominence as Canada’s Tournament Capital, foster our recognition as a premier arts...
ICBA ECONOMICS: A SNAPSHOT OF ENERGY CONSUMPTION IN BRITISH COLUMBIA
By Jock Finlayson, ICBA Chief Economist BRITISH COLUMBIA - While some B.C. politicians and environmental activists trumpet the “energy transition” and present alluring visions of a low-carbon future...
B.C. ON TRACK TO BE CANADA’S THIRD-MOST INDEBTED PROVINCE BY 2029/30
BRITISH COLUMBIA —If the B.C. provincial government continues with its current fiscal plans, it will become the third-most indebted province in the country by 2029/30, finds a new study published...
NEW BIABC POLL SHOWS STREET DISORDER THREATENING VIABILITY OF BUSINESSES ACROSS BC
BRITISH COLUMBIA – A new poll released by the Business Improvement Areas of BC (BIABC), a Save Our Streets coalition member, is providing shocking statistics about the extent to which street...
NOVEM PURCHASES BC TREE FRUITS COOPERATIVE PROPERTY
KELOWNA - NOVEM has agreed to terms to purchase BC Tree Fruits’ largest controlled atmosphere and cold chain storage facility in Kelowna, B.C. Prior to closing the transaction, NOVEM will lease the...
CANADIAN DEWATERING LP OFFERS INNOVATIVE FLUID MANAGEMENT SOLUTIONS TO ALL INDUSTRIES
PRINCE GEORGE – Site management and fluid control might not be top of mind when considering heavy industry projects, however, the service is an essential component to all kinds of major projects...
HME HOME HEALTH EXPANDS TO ABBOTSFORD
ABBOTSFORD - HME Home Health Ltd. announced their further expansion to the Eastern Fraser Valley. Currently under construction, the new HME Abbotsford, scheduled to open in the Summer of 2025, will...
OKANAGAN SPECIALTY FRUITS COMPLETES CONTROLLED ATMOSPHERE FACILITY IN WASHINGTON
SUMMERLAND - Okanagan Specialty Fruits (OSF) has completed construction of their Controlled Atmosphere (CA) facility at their Moses Lake, Washington campus. The 107,000 Moses Lake facility is...
2024 FINALISTS ANNOUNCED FOR THOMPSON OKANAGAN COMMERCIAL BUILDING AWARDS
KELOWNA – Finalists for the 2024 Thompson Okanagan Commercial Building Awards, presented by BDO Canada, have been announced! 37 projects will be competing for top honours at the 13th annual event,...
GREEN SHEET OKANAGAN BUILDING BRIEFS: SEPTEMBER 5, 2024
Location: Kelowna (multi-family new) Address: 1055 Frost Rd - Condominiums - Ascent Description: New multi family development - 4 structures - 3 condominium buildings - 4 storeys - approx 298 units...
THOMPSON OKANAGAN MOVERS & SHAKERS SEPTEMBER 5, 2024
News Influencing Thompson Okanagan Business KELOWNA Tom Dyck has been appointed to the Board of Directors of The Okanagan College Foundation for a four-year term. Perseval & Young...
PROVINCE OFFERING FREE STANDARDIZED DESIGNS FOR HOUSING
BRITISH COLUMBIA - The Province of BC is now offering standardized designs for people building small-scale, multi-unit housing to enable time and cost savings. Most of the 10 designs are based on...
BUILDING THE FUTURE: UNLOCKING THE PRODUCTION POTENTIAL OF BC’S HOUSING SECTOR
BRITISH COLUMBIA - Despite recent government attempts to address BC's ongoing housing crisis, a new economic report from the BC Real Estate Association (BCREA) indicates that even the current,...
STICKER SHOCK: THE RISING PRICE OF EVERYTHING IN B.C.
Written By David Williams BRITISH COLUMBIA –British Columbians are worried about the rising cost of living, and rightly so. For example, in a May 24-30 poll of 1,203 British Columbians by Angus...
BANK OF CANADA REDUCES POLICY RATE BY 25 BASIS POINTS TO 4¼%
OTTAWA - The Bank of Canada today reduced its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%. The Bank is continuing its policy of balance sheet...