OTTAWA - The Canadian Federation of Independent Business (CFIB) and 20 other industry organizations have sent a letter to Minister of Finance Chrystia Freeland, calling on the federal government to...
THOMPSON OKANAGAN BUSINESS NEWS
KPMG SURVEY: CROSS-BORDER CONCERNS WITH LOOMING PRESIDENTIAL ELECTION
OTTAWA - As the U.S. election approaches, most (87 per cent) Canadian business leaders fear that the Canadian economy could become ‘collateral damage’ from growing American protectionism that would...
BANK OF CANADA RATE REDUCED TO 3.75%
OTTAWA - The Bank of Canada today reduced its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%. The Bank is continuing its policy of balance sheet...
BC RESTAURANTS SEE BIGGEST DROP IN EMPLOYMENT OF ANY PROVINCE IN CANADA
BRITISH COLUMBIA - British Columbia’s restaurant industry is shedding jobs at an alarming rate and has experienced the largest year-over-year drop in employment of any province, warns Restaurants...
C.D. HOWE CALLS FOR BANK OF CANADA TO CUT OVERNIGHT RATE
Monetary Policy Council Calls for Bank of Canada to Cut Overnight Rate to 3.75 Percent Next Week, 3.00 by Spring, 2.50 Percent in a Year OTTAWA – The C.D. Howe Institute’s Monetary Policy...
TRANS MOUNTAIN PIPELINE EXPANSION BRINGS RELIEF AT THE PUMP FOR BC DRIVERS
BRITISH COLUMBIA - British Columbia drivers can expect to see lower gas prices thanks to the recently completed Trans Mountain Pipeline expansion (TMX), according to economist Dr. G. Kent Fellows,...
CREA: CANADIAN HOME SALES EDGE UP AGAIN FOLLOWING THIRD INTEREST RATE CUT
OTTAWA - Following the Bank of Canada’s third interest rate cut of the year, national home sales increased slightly in September compared to August. This follows a similar pattern of gains recorded...
KAMLOOPS CHAMBER EXECUTIVE DIRECTOR WINS NATIONAL AWARD
KAMLOOPS - The Kamloops & District Chamber of Commerce is proud to announce that Executive Director Acacia Pangilinan has been awarded the Executive of the Year for Chambers with 500 - 999...
ASSOCIATION OF INTERIOR REALTORS WELCOMES NEW CEO
OKANAGAN - The Association of Interior Realtors welcomes Mohamed Ladak as its new Chief Executive Officer. His leadership background and in-depth knowledge of member-based organizations will play a...
BCFNJC ANNOUNCES THE LOCATIONS OF 6 NEW INDIGENOUS JUSTICE CENTRES IN BC
BRITISH COLUMBIA - The BC First Nations Justice Council (BCFNJC) is excited to announce that it has been working with First Nations to open new Indigenous Justice Centres (IJCs), by December 2024,...
TRU’S REGIONAL ECONOMIC IMPACT SURPASSES $885 MILLION
KAMLOOPS – Thompson Rivers University (TRU) is a significant economic driver for the B.C. Interior, injecting $2.2 billion into the provincial economy and $885.2 million into the regional economy...
CITY OF KELOWNA OCTOBER 2024 UPDATES
KELOWNA - A new active transportation corridor (ATC) is coming to downtown Kelowna and the proposed concept design is ready for review online and in-person. The Bertram ATC will connect the...
THOMPSON OKANAGAN MOVERS & SHAKERS OCTOBER 17, 2024
News Influencing Thompson Okanagan Business KELOWNA Ross Wise MW, the former Director of Winemaking for Andrew Peller Limited, overseeing wine production at five BC wineries, and leading winemaking...
GREEN SHEET OKANAGAN BUILDING BRIEFS: OCTOBER 24, 2024
Location: Kelowna (mixed-use dev) Address: 1405 St Paul St - Commercial - Residential - One Varsity Description: New mixed use development - 35 storeys - level 1, to include approx 7,256 sf...
CFIB: LOWER VISA AND MASTERCARD FEES FOR SMALL BUSINESS, STRIPE NOT ON BOARD
OTTAWA - After years of advocacy work, the Canadian Federation of Independent Business (CFIB) welcomes this week’s significant reduction in Visa and Mastercard merchant fees for small businesses....
BCREA: REGIONAL HOUSING DISPARITIES AND CANADIAN HOUSING STARTS
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that 5,579 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in September 2024, up a...