BRITISH COLUMBIA - Canadian real GDP was nearly unchanged for the third consecutive month in October. Manufacturing contracted 0.6 per cent in October, led by declines in durable goods. Construction...
VANCOUVER ISLAND BUSINESS NEWS
DUNCAN COWICHAN CHAMBER OF COMMERCE: A CENTURY-PLUS OF BUSINESS EXCELLENCE AND GROWTH
COWICHAN VALLEY - As the Duncan Cowichan Chamber of Commerce celebrated its 115th anniversary, it not only marked over a century of business advocacy but also showcased its continued relevance and...
CPABC: TRANSFERRING A FAMILY BUSINESS? NEW TAX LAWS COMING IN JANUARY
BRITISH COLUMBIA- New rules for owners transferring their business to next generation family members or employees will soon take effect The 2023 federal budget introduced new tax rules for owners...
New Study Shows BC New Car Dealers Drive BC Economy
LANGLEY – A new study underlines the significant impact of BC’s New Car Dealers on the economic and social fabric of British Columbia during a period in which the industry faced significant...
THREE ISLAND MANUFACTURING FIRMS WILL RECEIVE GRANTS FROM MANUFACTURING FUND
NANAIMO – VMAC Global Technology Inc. will receive as much as $3.4 million though the provincial government’s BC Manufacturing Jobs Fund to build a new 5,000 square foot manufacturing facility and...
ICET: Town of Comox to Boost Economic Resilience with New Economic Development Plan
COURTENAY - The Town of Comox is preparing a new economic development plan that will help address gaps in infrastructure, economic policy, and development application processes through a project...
MEI: ELECTRIC VEHICLES: ONE MEASURE TOO MANY
OTTAWA – The numerous support measures for the electric vehicle industry adopted by the Trudeau government go too far, according to a Montreal Economic Institute researcher. “Ottawa already spends...
ROOT INTERIORS LTD. OWNER RETURNS TO ISLAND
Root Interiors, Specializing In Commercial Spaces By Mark MacDonald Photos by Barbara Anne Photography VANCOUVER ISLAND - After many successful years designing award winning projects on the lower...
BCREA: LIVING COSTS CONTUNUE TO DRIVE INFLATION
BRITISH COLUMBIA - Canadian prices, as measured by the Consumer Price Index (CPI), rose 3.1 per cent on a year-over-year basis in November, unchanged from the rate in October. Excluding energy...
GRANT FUNDING ALOCATED IN COMOX VALLEY REGIONAL DISTRICT
COMOX VALLEY - The remaining $1,617,000 from the Growing Communities Funds (GCF) was allocated at the December 5th Comox Valley Regional District meeting, to two projects that build infrastructure...
GRANT FOR FRENCH CREEK POLLUTION CONTROL CENTRE EXPANSION UPGRADES
NANAIMO - The Regional District of Nanaimo (RDN) announced $25,496,859 in funding has been committed for the French Creek Pollution Control Centre (FCPCC) Expansion and Odour Control Upgrades...
US/CANADA SHOPPING: 5 THINGS WORTH BUYING
BRITISH COLUMBIA - Still have Christmas shopping to do and live close to our US neighbours? Well, according to a recent release by HelloSafe, a platform comparing financial products in Canada, there...
Peninsula Co-op Supports Internal Growth as a ‘Best Place to Work’ Employer
VICTORIA - Peninsula Co-op is pleased to announce the internal promotion of Susan Herman to Vice President, Finance. Supporting the strategic pillar as a 'Best Place to Work', Peninsula Co-op is...
NEW FEDERAL PROMPT PAYMENT LEGISLATION
OTTAWA - Canada's construction industry employs an estimated 1.5 million people, making it an important driver of our economy. In 2016, industry stakeholders raised the long-standing issue of...
CANADIAN HOME SELLERS JOINING BUYERS ON THE SIDELINES
OTTAWA – Statistics released today by the Canadian Real Estate Association (CREA) show national home sales were little changed on a month-over-month basis in November 2023. The actual (not...
LIVING WAGE IN COWICHAN REGION RISES TO $25.20
COWICHAN VALLEY - As the overall cost of living continues to rise and the housing crisis and labour shortage worsen, Cowichan’s regional living wage has climbed to $25.20 per hour for 2023. This...