News Influencing Thompson Okanagan Business KELOWNA Nadya Savelieva has joined Century 21 Assurance Realty in Kelowna. Judge Richard Hewson has officially retired from the BC Provincial Court as of...
THOMPSON OKANAGAN BUSINESS NEWS
GREEN SHEET OKANAGAN BUILDING BRIEFS: MARCH 13, 2025
Location: Kelowna (multi-family new) Address: 1531 Bernard Ave - Rental Condominiums Description: New multi family development - 6 storeys - 51 rental condominium units - studio to 3 bedroom units -...
PENTICTON SEES SPIKE IN NEWCOMERS FROM ALBERTA IN 2024
PENTICTON - While the largest group of residents who moved to Penticton in 2024 came from Metro Vancouver, the community has also seen a recent spike in newcomers from Alberta, the City of...
KELOWNA CHAMBER ANNOUNCES NEW BOARD FOR 2025-2026
KELOWNA - The Kelowna Chamber announced its new Board of Directors following the conclusion of electronic voting earlier this week. “We are pleased to welcome our new Board for the coming year,”...
BCREA: BANK OF CANADA OVERNIGHT POLICY RATE CUT
BRITISH COLUMBIA - The Bank of Canada lowered its overnight policy rate by 25 basis points this morning from 3 per cent to 2.75 per cent. In the statement accompanying the decision, the Bank noted...
PACIFICAN $6.4 MILLION IN FUNDING TO SUPPORT BUSINESS GROWTH
BRITISH COLUMBIA - Seven BC organizations were the recipients of PacifiCan funding to further drive business growth and support economic development. Three of the organizations received a total of...
BCREA: TARIFF UNCERTAINTY SLOWS FEBRUARY HOUSING ACTIVITY
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that 4,947 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in February 2025, down 9.7...
NAVIGATING TARIFFS WITH CONFIDENCE: HOW EXPORT NAVIGATOR SUPPORTS B.C. BUSINESSES
BRITISH COLUMBIA - Expanding into international markets presents exciting opportunities for British Columbia businesses, but it also brings complex challenges—none more pressing than tariffs....
FIVE B.C. COMPANIES SEE AGRICULTURE FUNDING FOR CLEAN TECHNOLOGY PROJECTS
BRITISH COLUMBIA - The Canadian Department of Agriculture and Agri-Food are funding 119 project across Canada to help keep farmers on the cutting edge with clean technologies through their...
FEBRUARY 2025 LABOUR FORCE SURVEY RESULTS
OTTAWA - Labour Force results for Feburary 2025 are in and employment was virtually unchanged following three consecutive monthly increases totalling 211,000 (+1.0%) in November, December and...
PACIFICAN INVESTING IN TOURISM AND BUSINESS DIVERSIFICATION
BRITISH COLUMBIA - PacifiCan recently announced over $4.3 million in funding for 24 organizations to enhance local attractions and bring more visitors to communities across B.C. B.C. Minister Sajjan...
AGREEMENT REACHED WITH BC HYDRO AND BIOMASS FACILITY IN WILLIAMS LAKE
WILLIAMS LAKE - An agreement has been reached by Atlantic Power, BC Hydro and the Province regarding the operation of the Northwest Energy (NW Energy) biomass facility in Williams Lake. A shortage...
MNP LLP CONTINUES TO GROW, ADDS NEW ISLAND OFFICES
BRITISH COLUMBIA– While MNP’s primary focus with their clients is numbers, their own numbers have been increasing substantially due to their growth across Vancouver Island and the country. The...
ICBA ECONOMICS: NEXT FEDERAL GOVERNMENT SHOULD EXCISE MANY TRUDEAU-ERA POLICIES
By Jock Finlayson, ICBA Chief Economist, the following op-ed first ran in the Toronto Sun on March 4,2025 BRITISH COLUMBIA - The Justin Trudeau era is ending, after nine-and-a-half years as prime...
GREATER VERNON CHAMBER CALLS FOR SUPPORT AND ADAPTABILITY IN FACE OF U.S. TARIFFS
VERNON - The Greater Vernon Chamber of Commerce is sounding the alarm on the impacts of the newly implemented 25% tariffs on Canadian goods, which are creating significant uncertainty for local...
OKANAGAN REAL ESTATE SHOWS STEADY MOMENTUM
KELOWNA - Okangan real estate showed slow and steady momentum with a slight decrease in listings, according to a recent report from the Association of Interior Realtors. “Overall, it was a...