OTTAWA - In May 2024, Canadian manufacturing sales increased by 0.4% to reach $71.4 billion, following a 1.4% rise in April. The growth was driven by higher production in the aerospace product and...
THOMPSON OKANAGAN BUSINESS NEWS
REPORT HIGHLIGHTS PROVINCIAL GAPS COSTING PENTICTON TAXPAYERS
PENTICTON - A review of the past five years shows the municipality has shouldered increased costs related to public safety due to inadequate provincial funding. “The review estimates that since...
BC WINERIES TO RESUME DIRECT SALES TO ALBERTA
BRITISH COLUMBIA - A new agreement between British Columbia and Alberta allows B.C. wineries to once again ship their products directly to Alberta consumers, reopening an essential sales and tourism...
FEDS COULD BALANCE BUDGET AND REDUCE TAX RATES WITH 2.3% SPENDING REDUCTION OVER TWO YEARS
OTTAWA - If the federal government reduced program spending by only 2.3 per cent over two years and eliminated a host of tax expenditures, it could balance the budget and reduce personal income tax...
BCREA: JUNE HOUSING STARTS
BRITISH COLUMBIA - Canadian housing starts fell 9 per cent to 241,672 units in June at a seasonally adjusted annual rate (SAAR). Starts were down 14 per cent from the same month last year....
LARGEST GROUP OF FARMWORKERS IN CANADIAN HISTORY JOIN UNION UFCW 1518
LANGLEY - Nearly 400 workers at five Highline Mushrooms farms in British Columbia have joined United Food and Commercial Workers 1518. On July 8, the B.C. labour board certified the latest group of...
MNP AND SIX LEADING AGRONOMY COMPANIES JOIN FORCES
BRITISH COLUMBIA – Professional Services firm, MNP, has announced that it will join forces with six leading agronomy companies (4R Agronomy, Annex Agro, Arrow Crop Management, Elite Ag, Max Ag...
BCREA: HOME SALES CONTINUE BELOW AVERAGE PACE FOR JUNE
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that 7,082 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in June 2024, a 19 per...
CPABC: HOUSING AFFORDABILITY A MAJOR CHALLENGE TO BUSINESS SUCCESS IN B.C.
BRITISH COLUMBIA - According to BC Check-Up: Live, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on demographic and affordability trends across the province,...
BLACK DIAMOND BUYS KITIMAT SPACE RENTAL UNITS
KITIMAT – Black Diamond Group has announced they have purchased 329 space rental units for $20.45 million that are primarily located in Kitimat. In connection with the asset purchase, which is...
NOMINATIONS OPEN FOR 2024 THOMPSON OKANAGAN COMMERCIAL BUILDING AWARDS
KELOWNA – Nominations are now open for the 2024 Thompson Okanagan Commercial Building Awards, presented by BDO Canada. The event will take place on September 26th, 2024 at the Coast Capri Hotel in...
WORLD’S TOP ATHLETES CONFIRMED FOR CRANKWORX SUMMER SERIES SILVERSTAR
VERNON - Over 35 of the world’s top ranked Slopestyle athletes are now confirmed for Crankworx Summer Series SilverStar. The four-day mountain bike festival returns to SilverStar Bike Park August...
ICBA ECONOMICS: MID-YEAR UPDATE
By Jock Finlayson, ICBA Chief Economist BRITISH COLUMBIA - Economic developments have unfolded largely as we predicted in our end-of-2023 outlook and 2024 forecast. Global economic conditions remain...
UBC OKANAGAN FEASIBILITY PLAN FOR LOCAL ELECTRIC PASSENGER LIGHT RAIL ROUTE
KELOWNA - A UBC Okanagan professor says there is an alternative to managing gridlock on the William R. Bennett Bridge other than Highway 97, Hydrail tram-trains. Dr. Gordon Lovegrove, who teaches in...
GREEN SHEET OKANAGAN BUILDING BRIEFS: JULY 11, 2024
Location: Kelowna (mixed-use dev) Address: 3787 Lakeshore Rd - Residential - Commercial - Ledge on Lakeshore - Phase 2 Description: New residential and commercial development - 5 structures - 3...
MOVERS & SHAKERS JULY 11, 2024 – BUSINESS EXAMINER THOMPSON OKANAGAN
News Influencing Thompson Okanagan Business KELOWNA Candace Laing has been appointed as the new president and chief executive officer of the Canadian Chamber of Commerce. Two new judges, Paul...