OTTAWA —The federal government’s plan to make all electricity generation in Canada carbon-free by 2035 is impractical and highly unlikely, given physical, infrastructure, financial and regulatory...
THOMPSON OKANAGAN BUSINESS NEWS
BRITISH COLUMBIA MOVERS & SHAKERS OCTOBER 24 2024
News Influencing Decision Makers in BC BRITISH COLUMBIA Steve Mackie will take over as Canfor Pulp's president and chief executive officer on November 1, 2024. In his role as Canfor Corporation's...
PENTICTON CHAMBER: OKANAGAN HOCKEY GROUP WINS BUSINESS OF THE YEAR
PENTICTON - The Penticton Lakeside Resort shone brightly during a remarkable evening as the Penticton Chamber of Commerce hosted its 37th Annual Business Excellence Awards, presented by Total...
THOMPSON OKANAGAN MOVERS & SHAKERS OCTOBER 24, 2024
News Influencing Thompson Okanagan Business KELOWNA The City of Kelowna has launched a mentorship initiative for its employees, bringing together Axelle Bazett, a former sales manager and...
BERRY & SMITH KEEPING ON TRUCKING FOR 70 YEARS
By Mark MacDonald, Business Examiner PENTICTON – Berry & Smith Trucking Ltd. has been on the road for countless miles over the years, but the company’s ability to change gears has been...
QUALITY SPACES IN CONVENIENT PLACES
Advertising Feature BRITISH COLUMBIA - Marcus Lowe is the President and Co-founder of Pockit Self Storage. Launched in 2017 in partnership with Hungerford Properties, one of Western Canada’s leading...
DISTRICT OF SUMMERLAND ADOPTS 4-DAY WORK WEEK
SUMMERLAND – The District of Summerland will continue compressing full-time hours into a four-day work week for Municipal Hall and Aquatic Centre staff following an 18-month trial. Extended public...
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...
TOURMALINE AND CLEAN ENERGY BUILDING CNG STATIONS ACROSS WESTERN CANADIAN HIGHWAYS
BRITISH COLUMBIA - Natural gas producer, Tourmaline Oil Corp. (TSX: TOU) and Clean Energy Fuels Corp. (NASDAQ: CLNE) announced the opening of two new compressed natural gas (CNG) fueling stations in...
CFIB: BUSINESS ORGANIZATIONS CALLING ON FEDS TO SCRAP CAPITAL GAINS TAX INCREASE
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...
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...