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VANCOUVER ISLAND BUSINESS NEWS
BCCPA: BC Springs Forward With Strong Economy
BRITISH COLUMBIA - The following report is an economic update on consumer spending, growing labour shortages, and inflationary and interest rate pressures. Household spending picks up pace entering...
SURVEY REVEALS MAJOR SHIFTS IN BC’s CONSTRUCTION INDUSTRY
Labour Supply Still Top Issue Even As Trades Diversify and Offer Greater Stability, Earnings BRITISH COLUMBIA - The findings of the annual BC Construction Association (BCCA) Industry Survey...
Port Alberni Train Station RFP
PORT ALBERNI - We are reaching out to you/your organization because we know you're a mover and shaker; someone who's tapped in to the ever-changing landscape of business and industry. And as a mover...
From a Challenging Year Comes Remarkable Quality BC Wine
BRITISH COLUMBIA - Wine Growers British Columbia (WGBC) has released the annual BC Wine Grape 2021 Vintage Report, which reveals another harvest of impressive quality achieved through expert...
Circular Economy Project to Accelerate Business Innovation
VANCOUVER ISLAND – A group of economic development organizations on Vancouver Island and the Sunshine Coast will pilot a project to increase the capacity of businesses to innovate while reducing...
BC Housing Starts Trending Lower in March
BRITISH COLUMBIA - According to a recent report from the British Columbia Real Estate Association, Canadian housing starts fell by 4.0k (-1.6 per cent) to 246.2k units in March at a...
Nanaimo Company Awarded BC Hydro Contracts
NANAIMO - BC Hydro recently announced it has awarded four contracts for the balance of plant work on the Site C project. With these awards, the procurement process for all six balance of plant...
Port Alberni, Hupacasath & Tseshaht in First Nation-Municipal Initiative
PORT ALBERNI - Hupacasath First Nation, City of Port Alberni and Tseshaht First Nation are proud to announce their participation in the First Nation-Municipal Community Economic Development...
Langford Sets High Standard For Building, Development Permits
LANGFORD – Building permits in two days? Development permits in two weeks? Welcome to Langford, where the city’s building department has earned a reputation for being fair to deal with and fast to...
Hupacasath First Nation Signs MOU With Catalyst Paper
PORT ALBERNI – Hupacasath First Nation and Catalyst Paper, a Paper Excellence company, recently signed a Memorandum of Understanding (MOU). This MOU sets out the intentions of both parties to build...
Nanaimo Regional Hospital District Update
NANAIMO - The Nanaimo Regional Hospital District (NRHD) has confirmed its five major areas of focus for capital planning and advocacy are the patient tower replacement, new cancer centre, cardiac...
San Group Buying Acorn Forest Products Sawmill
PORT ALBERNI - San Group has entered into a definitive agreement to buy Acorn Forest Products Ltd. in Delta, a wholly owned subsidiary of Interfor Corporation. The deal, announced April 12, will see...
TriPower Takes High Voltage To New Level
Nanaimo Company Serves Clients Across North America NANAIMO – When Gerry Westmacott started TriPower Electrical Services Ltd. in 2002, he had no idea it would become one of the “most powerful”...
BC Land Matching Program Reaches New Milestone
BRITISH COLUMBIA - The BC Land Matching Program (BCLMP) delivered by Young Agrarians has achieved more than 200 matches, bringing farmers and landholders together to strengthen the province’s food...
BCREA: Bank of Canada Begins Quantitative Tightening
OTTAWA - The Bank of Canada raised its overnight policy rate by 0.5 per cent to 1 per cent. This was the first rate increase of more than 0.25 per cent since May 2000. The Bank will also begin so...