BRITISH COLUMBIA - As the height of the COVID-19 pandemic passes and temporary support programs wind down, governments in Canada should be moving aggressively towards balanced budgets and even...
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VANCOUVER ISLAND BUSINESS NEWS
Canadian Building Construction – $20.3 Billion Investment In March 2022
OTTAWA - Investment in building construction increased by 1.8 per cent to $20.3 billion in March. Gains were reported in both the residential (+1.7 per cent) and the non-residential (+2.0 per cent)...
Supply Challenges for BC EV Buyers
BRITISH COLUMBIA - A new BC Hydro report finds over one third of British Columbians who are interested in buying a vehicle are hesitant to buy an electric vehicle (EV) because of lack of...
BC Housing Starts Jump 59 Per Cent in April
BRITISH COLUMBIA - According to the BC Real Estate Association (BCREA) Canadian housing starts rose by 18.9k (7.6 per cent) to 267.3k units in April at a seasonally-adjusted annual rate (SAAR)....
Trust In Dominant Tech Brands Eroding
BRITISH COLUMBIA - The 2022 Gustavson Brand Trust Index (GBTI) reveals that Canadian consumers are more distrusting of dominant technology brands than ever before, even while their use of these...
BC Hydro and Capital Power Reach Short-term Agreement
CAMPBELL RIVER – Capital Power Corporation announced the execution of a 4.5-year Electricity Purchase Agreement (EPA) through October 2026 for its Island Generation facility with BC Hydro. The EPA...
Flair and Swoop Come to Comox Valley Airport
COMOX VALLEY - Vancouver Island lies, not surprisingly, to the west of Vancouver on Canada’s Pacific coast. It is home to around 865,000 people, with just under half of those living in the capital,...
BC Home Sales Trending Toward Normal Activity
BRITISH COLUMBIA – The British Columbia Real Estate Association (BCREA) reports that a total of 8,939 residential unit sales were recorded by the Multiple Listing Service® (MLS®) in April 2022, a...
Kamloops Pulp Mill Acquired by Kruger
BRITISH COLUMBIA - Kruger recently announced that its affiliate Kruger Specialty Papers Holding L.P. entered into a definitive share purchase agreement pursuant to which one of its wholly-owned...
Flexible Benefits Plans Key in Attracting Employees
VANCOUVER ISLAND - Employees are in the driver’s seat in this current job market and companies who have creative, flexible benefits will attract their top talent faster. This is what the latest data...
CFIB: Worksafebc Should Return Over Nearly $2.9 Billion in Excess Funds
BRITISH COLUMBIA - The Canadian Federation of Independent Business (CFIB) is once again calling on WorkSafeBC to rebate surplus funds back to small business owners and legislate a refund threshold....
Boehm Construction Ltd. Delivers for Customers
Owner’s Service Roots Set Tone For Award Winning Nanaimo Company NANAIMO – Jeff Boehm has made a habit of delivering for his customers. The owner of Boehm Construction Ltd. says the firm’s...
Global Sustainability Certification For Vancouver Island Tourism
NANAIMO – After a year-long process, 4VI (formerly Tourism Vancouver Island) has achieved the Responsible Tourism Institute’s Biosphere certification for Vancouver Island, which aligns with 17...
Coastal Community Credit Union 2021 Financial Results
VANCOUVER ISLAND – At its virtual AGM held on Wednesday, April 27th, Coastal Community Credit Union (CCCU) announced to its member-shareholders that the financial co-operative remains strong and...
Innovation and Service Drive Duncan Based Galcon Precast Ltd.
Precast Company In Its 50th Year In The Industry DUNCAN – Precast companies have come and gone on Vancouver Island, but Galcon Precast Ltd. remains a major player in its 50th year in the industry,...
How to Locate Your Forgotten Assets in BC
There Is $177 Million In Unclaimed Funds In BC BRITISH COLUMBIA - From dormant credit union accounts to unclaimed wages, the BC Unclaimed Property Society (BCUPS) currently has more than $177...