PARKSVILLE – Indigenous-owned aerospace and defence company COTA Aviation is receiving $13 million for Indigenous skills training and equipment to increase component production, as part of Boeing’s...
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VANCOUVER ISLAND BUSINESS NEWS
FCC ANALYSIS: BIOFUEL EXPANSION PROMISING FOR CANADIAN PRODUCERS AND CONSUMERS
OTTAWA – As Canadians fill up their fuel tanks this summer, they are also powering a growing biofuel sector. According to Farm Credit Canada (FCC), Canada’s oilseed producers are set to benefit from...
NIC RECEIVES FUNDING TO HELP EXPAND SEAWEED INDUSTRY
CAMPBELL RIVER - North Island College (NIC) has received Provincial funding for an innovative seaweed industry pilot project. Led by North Island College and its Centre for Applied Research,...
QUALICUM BEACH WINS BUDGETING PRACTICES AWARD
QUALICUM BEACH - The Town of Qualicum Beach has been awarded the Government Finance Officers Association's (GFOA) Distinguished Budget Presentation Award for the 2024-2028 Financial Plan. This...
BEVI: MOVERS & SHAKERS AUGUST 7, 2024 – CENTRAL/NORTH VANCOUVER ISLAND
News Impacting Central and North Vancouver Island NORTH ISLAND The Town of Port McNeill 's Parks & Rec Advisory Committee will undertake a public engagement poll to gather community needs and...
ICBA ECONOMICS: A MIX OF CANADIAN CONSTRUCTION INDUSTRY STATISTICS
By Jock Finlayson, ICBA Chief Economist BRITISH COLUMBIA - Construction is a big and unusually visible segment of our economy, one that in some of the industry’s busiest years accounts for more than...
EDITORIAL: TRUDEAU’S CARBON TAX FORCEFULLY LINKS THE ECONOMY TO CLIMATE CHANGE
BRITISH COLUMBIA - Prior to Justin Trudeau becoming Prime Minister of Canada, he proclaimed that Canada’s economy is intricately linked to climate change. Or as some others call it: The weather....
BCREA: BC GOVERNMENT RESPONDS TO INDUSTRY FEEDBACK ON RESIDENTIAL TENANCY ACT CHANGES
BRITISH COLUMBIA - In the immediate wake of publicly voiced concern from the BC Real Estate Association (BCREA), the BC Government has reversed course on two recent changes to the Residential...
JULY MID-NORTH ISLAND REAL ESTATE MARKET QUIET
NANAIMO - The Vancouver Island Real Estate Board (VIREB) recorded 737 unit sales board-wide and 4,559 active listings (all property types) on the MLS® System in July 2024. In the single-family...
CPABC: VANCOUVER ISLAND LOSES RESIDENTS TO OTHER PROVINCES, CONSISTENT WITH THE PROVINCIAL TREND
VANCOUVER ISLAND - According to BC Check-Up: Live, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on demographic and affordability trends across the...
STATS CAN RELEASES SURVEY OF INNOVATION & BUSINESS STRATEGY 2022 RESULTS
OTTAWA - Statistics Canada recently released the results of the Innovation and Business Strategy survey, 2022. Innovation activities encompass all developmental, financial, and commercial efforts...
THE VERDICT ON VACANT HOME TAXES
OTTAWA – The verdict is in: Vacant home taxes can improve housing availability, but not affordability, according to a new C.D. Howe Institute report. In “Ripple Effects: The Impact of an Empty-Homes...
CAPITAL GAINS TAX HIKE: LESS REVENUE THAN ANTICIPATED, AT THE EXPENSE OF ENTREPRENEURS AND THE MIDDLE CLASS
OTTAWA – The increase in the capital gains inclusion rate will bring in less money for Ottawa than the government had projected, points out a researcher at the Montreal Economic Institute in...
OPINION: IT’S TIME TO FIND A PIN AND POP OTTAWA’S BALLOONING BUREAUCRACY
Trudeau Has Added Over 108,000 Bureaucrats To The Federal Payroll Since Becoming Prime Minister OTTAWA - Bureaucrats love to think of themselves as “public servants,” but who is really serving who...
BCREA: MAY ECONOMIC GROWTH DRIVEN BY GOODS PRODUCING INDUSTRIES
BRITISH COLUMBIA - Canadian real GDP grew 0.2 per cent in May, following a 0.3 per cent increase in April according to a report released by the BC Real Estate Association. The growth was driven by...
TIGH-NA-MARA SETTING GREEN STANDARDS FOR HOSPITALITY INDUSTRY
PARKSVILLE – Award winning Tigh-Na-Mara Seaside Spa Resort and Conference Centre is nestled in the woods near Rathtrevor Beach, and it’s one of the greenest properties anywhere. General Manager Jim...