BRITISH COLUMBIA - The tourism industry in British Columbia (BC) is seeing a resurgence with new government-backed initiatives aimed at revitalizing the sector, particularly benefiting small and...
VANCOUVER ISLAND BUSINESS NEWS
YELLOW SHEET VANCOUVER ISLAND BUILDING BRIEFS: SEPTEMBER 16, 2024
Location: Saanich (mixed-use dev) Address: 1525 Cedar Hill Cross Rd - Seniors Housing - Student Housing - Luther Court Description: 5 storeys - 95 senior housing units, 2,800 sf institutional |...
NEW MAJOR VESSELS TO INCREASE CAPACITY AND RELIABILITY
VICTORIA – BC Ferries is taking a major step forward in its New Major Vessels (NMV) project, marking a critical milestone in the company’s largest capital investment ever. To address projected...
SASQUATCH ACQUIRES MT. SICKER MINE, SEEKS PRECIOUS METALS IN WASTE ROCK
CHEMAINUS – There’s gold in the waste rock at the former Mt. Sicker mine. And copper, silver and zinc. Sasquatch Resources Corp. of Vancouver has acquired the B.C. mineral claims of Mt. Sicker,...
SALES SLOW IN AUGUST, BUT FALLING RATES SHOULD DRIVE ACTIVITY HIGHER IN THE FALL
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...
CENTRAL/NORTH VANCOUVER ISLAND MOVERS & SHAKERS SEPTEMBER 11, 2024
News Impacting Central and North Vancouver Island NORTH ISLAND Airport Inn Port Hardy has been named the number 1 hotel in Port Hardy by Expedia. The top Canadian foundation for music education,...
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...
PACIFICAN FUNDING FOR INDUSTRIAL PLANKTON, OPEN OCEAN ROBOTICS, OTHERS
VICTORIA – Industrial Plankton Inc. is receiving $900,000 to establish a new manufacturing facility for its energy-efficient bio-reactors. The funding for Industrial Plankton was part of the $3.5...
BC FERRIES BUSY SEASON ENDS AND ANNUAL REPAIRS BEGIN
VICTORIA – As BC Ferries wraps up another busy summer season, focus now shifts to preparations for annual repairs, refits, and vessel maintenance. The fall refit season unofficially began this week...
PETROGLYPH DEVELOPMENT GROUP ANNOUNCE AGREEMENT FOR PURCHASE OF ELEMENTS CASINO VICTORIA
VANCOUVER ISLAND - Great Canadian Entertainment and Petroglyph Development Group Ltd. (PDG) have signed a definitive agreement for the purchase of Elements Casino Victoria. This is on the heels of a...
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...
YELLOW SHEET VANCOUVER ISLAND BUILDING BRIEFS: SEPTEMBER 10, 2024
Location: Victoria (multi-family new) Address: 515 Foul Bay Rd -Residential Infill - Edwin Lane Description: This project involves the construction of three 3-storey buildings with a total of...
DIGITAL MARKETING AGENCY PILOTHOUSE IS READY TO PARTNER IN YOUR SUCCESS
VICTORIA – It might be hard to believe but summer is already coming to an end. With that morose milestone in sight, many brands are looking toward the final quarter and what is often the busiest...
FAVOURABLE CONDITIONS TRENDING TOWARDS BUYERS’ MARKET
NANAIMO - The Vancouver Island Real Estate Board (VIREB) recorded 662 unit sales board-wide and 4,520 active listings (all property types) on the MLS® System in August 2024. In the single-family...
ADVISORY: HANDING OVER THE REINS: TIPS FOR A SUCCESSFUL BUSINESS TRANSITION
VANCOUVER ISLAND - As an entrepreneur, your business is both the source of your income and the store of a significant portion of your wealth. That adds a layer of complexity when it’s time to hand...