BRITISH COLUMBIA - Canadian prices, as measured by the Consumer Price Index (CPI), rose 2.7 per cent on a year-over-year basis in April, down from a 2.9 per cent increase in March. Month-over-month,...
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VANCOUVER ISLAND BUSINESS NEWS
GLOBAL PETROLEUM CONSUMPTION SURGES, DEFYING ENERGY TRANSITION EFFORTS
By Jock Finlayson and Denise Mullen A data gift arrived in our inboxes the other day. The U.S. Energy Information Administration (EIA) just released an update on all things energy-related. The...
HONEST COMMENTARY ON BRITISH COLUMBIA’S EFFORTS TO GROW VALUE-ADDED WOOD PRODUCTS MANUFACTURING
An Editorial Opinion – View From The Stump, April, 2024 BRITISH COLUMBIA - Premier Eby and his Ministers Ralston and Mercier are often heard saying “more jobs from trees harvested” when...
FRASER INSTITUTE: CANADIANS EXPERIENCING DECLINE IN LIVING STANDARDS
OTTAWA - From 2019 to 2023, Canadian living standards declined—and as of the end of 2023, the decline had not yet ended, finds a new study published today by the Fraser Institute, an independent,...
WEBBWORLD DEVELOPMENTS INC. BUILDS LASTING COMMUNITIES IN THE COWICHAN VALLEY AND BEYOND
By Tyler Nyquvest DUNCAN – For a quarter of a century, the Webb name has been synonymous with quality craftsmanship, beautiful design, and a sincere commitment to community. Founded in the Cowichan...
COMPETITION SEARCHING FOR ISLAND’S BEST COCKTAIL
PORT ALBERNI – Nilo Du Plessis of Antidote Distilling Co. has come up with a new recipe: Vancouver Island’s Biggest Cocktail competition. The competition is open to anyone from across B.C., and...
CFIB: MANDATING A $20/HOUR LIVING WAGE COULD PUSH SMALL BUSINESSES TO THE BRINK OF CLOSURE
CFIB’s new report highlights flaws with minimum and living wage policies BRITISH COLUMBIA – Mandating a $20 per hour living wage in each province would cost the Canadian economy $44.9 billion in...
RURAL COMMUNITIES ACROSS BC RECEIVED AS MUCH AS $33M FROM PROVINCE
BRITISH COLUMBIA - Local governments, First Nations, not-for-profit organizations and manufacturing businesses in northern B.C. are receiving funding from the the Rural Economic Diversification and...
MOVERS & SHAKERS MAY 15, 2024 – BUSINESS EXAMINER VANCOUVER ISLAND
News Impacting Central and North Vancouver Island NORTH ISLAND The new gas station, which will have a sales building, restrooms, and four fuel pumps, was inaugurated on May 8 during a...
ENHANCING ECONOMIC DIVERSITY IN COWICHAN: CELEBRATING RECENT REDIP FUNDING RECIPIENTS
The Rural Economic Diversification and Infrastructure Program (REDIP) has recently allocated significant funding to various businesses and organizations in the Cowichan Valley. The three recipients...
EMILIE DE ROSENROLL JOINS INNOVATE BC AS NEW BOARD CHAIR
BRITISH COLUMBIA - Innovate BC is pleased to welcome Emilie de Rosenroll as the new Chair of its Board of Directors, effective May 14, 2024. With nearly two decades of leadership experience in...
BCREA: NEW LISTINGS BOUNCE HIGHER IN APRIL
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that 7,569 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in April 2024, an increase...
BCREA: APRIL 2024 HOUSING STARTS
BRITISH COLUMBIA - Canadian housing starts fell 0.8 per cent to 240,229 units in April at a seasonally adjusted annual rate (SAAR). Starts were down 8 per cent from the same month last year....
CEO FROUDE LEADS FMI BY EXAMPLE IN MALE DOMINATED CONSTRUCTION SECTOR
By Mark MacDonald BRITISH COLUMBIA - In an industry steeped in tradition as construction is, Fereshteh Froude, CEO of Vancouver-based FMI (Froude Management Inc.) has chosen to lead by example. “I...
EXPANDED HEAT PUMP PROGRAM HELPS BRITISH COLUMBIANS
BRITISH COLUMBIA - The Federal government has announced an investment of up to $103.7 million from Canada's Low Carbon Economy Fund (LCEF) and the Oil to Heat Pump Affordability (OHPA) program to...
TELUS INVESTING $17 BILLION IN BRITISH COLUMBIA THROUGH 2028
BRITISH COLUMBIA - TELUS is investing $17 billion to significantly expand and improve its network infrastructure and operations across British Columbia over the next five years. This investment is...