News Impacting Central and North Vancouver Island NORTH ISLAND An extensive strategy to link the Village of Port Alice with the water from north to south through parks, trail heads, pathways, and...
VANCOUVER ISLAND BUSINESS NEWS
2025 RENT INCREASE TIED TO INFLATION ACCORDING TO PROVINCE
BRITISH COLUMBIA - The Province of B.C. is tying the annual allowable rent increase in 2025 to inflation at 3%, down from this year’s allowable increase of 3.5%. The maximum annual allowable rent...
MNP EXPANDS IN THE THOMPSON OKANAGAN
KAMLOOPS - MNP, has announced that it will join forces with the Kamloops-based firm, Finnie Hunka LLP, effective October 15, 2024. On this date Ken Finnie, CPA, CMA, and Kimberly Hunka, CPA, CGA,...
ALBERNI VALLEY RECEIVES FUNDING FOR COMMUNITY EMERGENCY PREPAREDNESS
PORT ALBERNI – The Alberni-Clayoquot Regional District (ACRD) received $120,000 from the Public Notification and Evacuation Route Planning grant, administered by the Union of BC Municipalities. The...
NATURE-BASED TOURISM INVESTMENT LINK TO TOQUAT MARINA AND CAMPGROUND
VANCOUVER ISLAND - Toquaht Marina and Campground, operated by the Toquaht Business Development Corporation, will build the Secret Beach Trail to expand its trail network. The new path will create a...
COWICHAN ECONOMIC DEVELOPMENT: TOURISM COWICHAN WANTS TO HEAR FROM YOU
COWICHAN VALLEY - If you are a tourism related business or organization operating in the Cowichan Region, Tourism Cowichan invites you to take 10- 20 minutes to complete the survey below to let...
CHANGES ON HORIZON FOR NAI COMMERCIAL VICTORIA
VICTORIA – Changes are coming at NAI Commercial Victoria Inc., which has been a major player in the Capital Region’s real estate market for decades. Managing Broker Bev Highton, who started in real...
EXPEDIA CRUISES HOSTING TRAVEL EXPOS OCTOBER 19-20 IN COURTENAY, VICTORIA
COURTENAY & VICTORIA - Expedia Cruises is set to host its inaugural Travel Expo focused on Sustainable and Responsible Travel with the first day being in the Comox Valley on October 19, followed...
BC CONSTRUCTION ASSOCIATIONS PROPOSE MINISTER OF CONSTRUCTION ROLE
BRITISH COLUMBIA - With only two months left before B.C. voters hit the polls, the Vancouver Regional Construction Association (VRCA) and the BC Construction Association (BCCA) are aiming to turn...
YELLOW SHEET VANCOUVER ISLAND BUILDING BRIEFS: AUGUST 27, 2024
Location: Central Saanich (multi-family new) Address: 7701 East Saanich Rd - Apartments Description: This project involves a 4-storey building with 61 apartment units and 9 townhouse units at ground...
EQUIFAX REPORT SHOWS ECONOMIC PRESSURES MOUNTING FOR YOUNG ADULTS
Equifax Canada Market Pulse Quarterly Consumer Credit Trends Report CANADA - Consumer debt levels rose to $2.5 trillion in the second quarter of 2024, marking a 4.2 per cent increase since Q2 2023,...
BCREA 2024 THIRD QUARTER HOUSING FORECAST UPDATE
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) released its 2024 Third Quarter Housing Forecast Update. Multiple Listing Service® (MLS®) residential sales in BC are forecast...
BC CHAMBER UNVEILS POLL AHEAD OF OCTOBER ELECTION
BRITISH COLUMBIA - As British Columbia prepares for its provincial election this October, the BC Chamber of Commerce is shedding light on the economic and policy concerns that matter most to voters....
ICBA ECONOMICS: DIGGING INTO BRITISH COLUMBIA’S LOPSIDED JOB MARKET
The following piece by ICBA Chief Economist Jock Finlayson, in his role as a Senior Fellow of the Fraser Institute, was first published in the Toronto Sun on August 7, 2024. BRITISH COLUMBIA - July...
MOTOR VEHICLE & PARTS DEALERS SHOW GREATEST DECREASE IN JUNE RETAIL SALES
OTTAWA - Canadian retail sales decreased 0.3% to $65.7 billion in June. Sales were down in four of nine subsectors and were led by decreases at motor vehicle and parts dealers. In volume terms,...
IN GOOD TIME LAGERS MAKING A SPLASH FOR HOYNE BREWING COMPANY
VICTORIA – Timing is everything. Especially in craft brewing, and Hoyne Brewing Company owner Sean Hoyne points out that the length of fermentation and aging a beer has a direct impact in the...