NANAIMO – A near record 44 finalists have been named for the 17th Annual Vancouver Island Commercial Building Awards, set for Thursday, April 11 at the Vancouver Island Conference Centre. SignAge is...
VANCOUVER ISLAND BUSINESS NEWS
MARINELABS SECURES $4.5 MILLION SEED ROUND FROM BDC CAPITAL AND SEASPAN SHIPYARDS
VICTORIA – MarineLabs, a leader in cutting edge maritime weather intelligence technology, proudly announces the successful completion of a historic $4.5 million seed funding round, marking the...
B.C. COASTAL GRILLING PLANKS: MORE THAN GRILLING PLANKS
PARKSVILLE – B.C. Coastal Grilling Planks Ltd. is about more than just making Western Red Cedar grilling planks. The company manufactures cooking wraps, grill scrapers, beer and wine appetizer...
ELECTRIC VEHICLES AND THE DEMAND FOR ELECTRICITY
BRITISH COLUMBIA —The federal government’s requirement that all new vehicles sold by 2035 be electric could increase Canada’s power demands by as much as 15.3 per cent, requiring the equivalent of...
MOVERS & SHAKERS MARCH 13, 2024 – BUSINESS EXAMINER VANCOUVER ISLAND
News Impacting Central and North Vancouver Island NORTH ISLAND The ʼNamǥis First Nation collaborates with the Government of BC for the Gwa’ni Project, holding an open house on March 13 at the...
BCREA: BC HOUSING MARKET RELATIVELY CALM HEADING INTO SPRING
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that a total of 5,497 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in February...
COASTAL COMMUNITY, BLUESHORE ANNOUNCE MERGER MOU
NANAIMO – Coastal Community Credit Union has signed a Memorandum Of Understanding with BlueShore Financial to explore a merger that would form a combined credit union serving Vancouver Island and...
VECTIS CUSTOM HOMES: SPECIALIZING IN HIGH END BUILDS AND RENOVATIONS
NANOOSE BAY – For over 25 years, Vectis has been building high quality custom homes on central Vancouver Island. Tim Rann founded Vectis Ventures Ltd. after moving to the Island from the United...
CANADA SPENT MORE THAN $50 BILLION ON CORPORATE WELFARE ACROSS PROVINCES IN 2022
BRITISH COLUMBIA - Canadian governments spent $52 billion in 2022 subsidizing businesses across all provinces—including federal, provincial, and local spending—finds a new report published today by...
EDITORIAL: TRUDEAU POLICIES KILLING THE ECONOMY ONE INDUSTRY AT A TIME
BRITISH COLUMBIA - Stop the madness. Some of the federal government’s latest moves have been - and will be - absolutely devastating to two important sectors of the economy: Universities and...
FCC: BC FARMLAND VALUES CONTINUED TO CLIMB IN 2023
BRITISH COLUMBIA – The average value of Canadian farmland continued its steady climb in 2023, increasing by 11.5 per cent, slightly less than the 12.8 per cent increase reported in 2022, according...
CPABC CHECK UP: INVESTING IN BC
By Jack Blackwell, Economist at CPABC BRITISH COLUMBIA - BC’s investment climate underwent considerable change in 2023, highlighting the complexity of the economic environment. Specifically, higher...
ICBA ECONOMICS: HOUSEHOLD FORMATION, IMMIGRATION AND HOUSING MARKETS
By Jock Finlayson, ICBA Chief Economist BRITISH COLUMBIA - The 2024 federal budget unveiled dozens of new initiatives intended to address Canada’s unfolding housing affordability and supply crisis....
HORIZON TESTING INC. PROVIDES NDT TESTING THROUGHOUT B.C.
PRINCE GEORGE – Celebrating 14 years in business with a team of qualified technicians, an arsenal of state-of-the-art equipment, including drones, Horizon Testing Inc. serves a wide variety of...
FEBRUARY 2024 CANADIAN EMPLOYMENT REPORT
OTTAWA - Employment in Canada rose by 41,000 (+0.2%) in February, following a similar-sized increase in January (+37,000). In February, employment growth was driven by an increase in full-time work...
WOMEN FACE LESS SEXISM IN COUNTRIES WITH GREATER ECONOMIC FREEDOM
OTTAWA - In countries with higher levels of economic freedom, people are less likely to subscribe to social norms that prioritize men over women in education, the labour force and political...