BRITISH COLUMBIA - National Bank of Canada (NBC) has acquired Canadian Western Bank (CWB) for a reported $5 billion. NBC, based in Montreal, made the announcement Tuesday. The transaction is subject...
VANCOUVER ISLAND BUSINESS NEWS
MOVERS & SHAKERS JUNE 12, 2024 – BUSINESS EXAMINER VANCOUVER ISLAND
News Impacting Central and North Vancouver Island NORTH ISLAND Bryan McKay has been named the new General Manager at Applewood Auto Group in Port Hardy. North Island Glass Floats, owned by Brenda...
FUNDING SECURED BY THE DOCK+ EXPANSION PROJECT IN PORT ALBERNI
PORT ALBERNI - The Dock+ is delighted to announce it has received a grant from the B.C. Ministry of Agriculture and Food. The Dock, operated by the Port Alberni Port Authority is part of the BC...
NEW CO-OP ESSENTIALS BRAND AND FORMAT OPENS IN SURREY
SURREY – Otter Co-op and Federated Co-operatives Limited has unveiled a new brand and format called Co-op Essentials at its 17433 56th Avenue in Surrey. The new store on Highway 10 in the Cloverdale...
EQUIFAX: CANADIANS ADAPTING THEIR FINANCIAL DECISIONS TO KEEP UP WITH ECONOMY
OTTAWA - Consumer debt rose to $2.46 trillion at the end of Q1 2024, marking a 3.5 per cent increase from the previous year, according to the latest Market Pulse Consumer Credit Trends and Insights...
CFIB: GOVERNMENT MADE NO AMENDMENTS TO PROPOSED CAPITAL GAINS CHANGES
OTTAWA - The Canadian Federation of Independent Business (CFIB) shared its disappointment that the federal government did not make amendments to its proposed changes to capital gains taxation....
CANADA’S FOREST SECTOR WELCOMES NEW NATIONAL WILDLAND FIRE SAFETY
OTTAWA – Last week, the Canadian Council of Forest Ministers (CCFM) introduced the Canadian Wildland Fire Prevention and Mitigation Strategy designed to increase awareness and investment in wildfire...
TIME2GETONLINE MAKES SURE WORDPRESS WEBSITES ARE SECURE
VICTORIA – Is your WordPress website secure? Every business owner should know that their website is secure, but if not, Jason Finnerty and the team at Time2GetOnLine.com are able to help. Finnerty...
ICBA: PROVINCE’S NEW LAND-USE LAW CREATES UNCERTAINTY FOR BC MINING
The following op-ed, written by ICBA Chief Economist Jock Finlayson and his Fraser Institute colleagues Julio Mejia and Elmira Aliakbari, was published in Business in Vancouver on June 3, 2024....
NEW ECONOMIC DEVELOPMENT PROFESSIONAL CERTIFICATION AVAILABLE
PENTICTON – Brian Coombes, Chair of the British Columbia Economic Development Association (BCEDA), announced the launch of the Certified Economic Development Professional of British Columbia...
BCREA: BANK OF CANADA INTEREST RATE ANNOUNCEMENT
BRITISH COLUMBIA - The Bank of Canada lowered its overnight lending rate this morning by 25 basis points from 5 per cent to 4.75 per cent. In the statement accompanying the decision, the Bank noted...
LARGE INVENTORY INCREASE NORTH OF THE MALAHAT WHILE SALES CONTINUE TO LAG
NANAIMO – The Vancouver Island Real Estate Board (VIREB) recorded 824 unit sales board-wide (all property types) on the MLS® System in May 2024. In the single-family category (excluding acreage and...
BEDROCK REDI-MIX THRIVES WITH WOMEN IN KEY POSITIONS
NANAIMO – “I wear steel toed boots to work and love it!” So says Lindsay Widdifield, Safety Coordinator and an administrator at Bedrock Redi-Mix and one of several women in key positions who have...
MOVERS & SHAKERS JUNE 5, 2024 – BUSINESS EXAMINER VANCOUVER ISLAND
News Impacting Central and North Vancouver Island NORTH ISLAND Port Hardy Chamber of Commerce President, Chris Callanan has just been elected Vice Chair of the BC Chamber of Commerce Board of...
BUILDERS CODE TRAINING FOR IMPROVED CONSTRUCTION CULTURE
BRITISH COLUMBIA - Looking back on five years of the British Columbia Construction Association’s (BCCA) Builders Code program is a chance to evaluate where we are as an industry, appreciate how far...
NEW RECRUITMENT TOOL FOR BC’S CONSTRUCTION INDUSTRY: BUILDERS LIFE TALENTCENTRAL
BRITISH COLUMBIA – Today, the BC Construction Association (BCCA) launched a new online job board tailored for the construction industry, which allows job seekers to be efficiently matched with...