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...
Select Page
VANCOUVER ISLAND BUSINESS NEWS
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...
PRINCIPLE PROPERTY GROUP: TRANSFORMING DOWNTOWN, ONE PROJECT AT A TIME
NANAIMO – Since arriving in Nanaimo in 2016, Principle Property Group Inc., led by Michael Parker, has been a driving force in reshaping the downtown landscape, particularly the South End, now known...
CENTRAL/NORTH VANCOUVER ISLAND MOVERS & SHAKERS OCTOBER 23, 2024
News Impacting Central and North Vancouver Island NORTH ISLAND Anna Kindy, a BC Conservative, won the North Island riding. The rehabilitation project for the indoor swimming pool in Port Hardy has...
YELLOW SHEET VANCOUVER ISLAND BUILDING BRIEFS: OCTOBER 22, 2024
LOCATION: Victoria (mixed-use dev) Apartments - Commercial Address: 2002 Richmond Rd Owner: Empresa Properties, Victoria. Ph: 778-866-1354, krobertson@empressproperties.com Architect: Cascadia...
THE RIGHT PEOPLE: THE FUEL THAT IS ACCELERATING CANADIAN TECHNOLOGY COMPANY AML OCEANOGRAPHIC LTD.
According to Robert Haydock, CEO of rising BC-based oceanographic technology company AML Oceanographic Ltd., you can have the best products in the world but, if you don’t have the right people...
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...
BCFNJC ANNOUNCES THE LOCATIONS OF 6 NEW INDIGENOUS JUSTICE CENTRES IN BC
BRITISH COLUMBIA - The BC First Nations Justice Council (BCFNJC) is excited to announce that it has been working with First Nations to open new Indigenous Justice Centres (IJCs), by December 2024,...
CFIB: LOWER VISA AND MASTERCARD FEES FOR SMALL BUSINESS, STRIPE NOT ON BOARD
OTTAWA - After years of advocacy work, the Canadian Federation of Independent Business (CFIB) welcomes this week’s significant reduction in Visa and Mastercard merchant fees for small businesses....
BCREA: REGIONAL HOUSING DISPARITIES AND CANADIAN HOUSING STARTS
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that 5,579 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in September 2024, up a...
CENTRAL/NORTH VANCOUVER ISLAND MOVERS & SHAKERS OCTOBER 16, 2024
News Impacting Central and North Vancouver Island NORTH ISLAND Councillor John Tidbury of Port Hardy received a long service award during the 2024 UBCM Convention held in September. Better at Home...
SMALL BUSINESS MONTH IN COWICHAN VALLEY: CELEBRATING COMMUNITY AND RESILIENCE
COWICHAN VALLEY - The Duncan Cowichan Chamber of Commerce is proud to be part of October’s Small Business Month 2024! This is a time to honour the incredible contributions of our local businesses...
40 KNOTS WINERY ACHIEVES BIOSPHERE SUSTAINABLE LIFESTYLE AND BC GREEN BUSINESS CERTIFICATIONS
Comox, BC, October, 2024 – 40 Knots Vineyard & Estate Winery has announced that it has earned two prestigious sustainability certifications: the Biosphere Sustainable Lifestyle Certification and...