LADYSMITH - The Town of Ladysmith is receiving over $10,850,000 in Federal and Provincial funding to complete a major water infrastructure project at Holland Lake, nearly doubling the reservoir...
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VANCOUVER ISLAND BUSINESS NEWS
COWICHAN VALLEY ECONOMIC DEVELOPMENT: MARCH UPDATES
COWICHAN VALLEY - March is here, bringing with it the promise of fresh opportunities in Cowichan! As we step into this vibrant month, let’s embrace the spirit of renewal and opportunity,...
QUALICUM BEACH ADDRESSES PROVINCIAL HOUSING CHANGES
QUALICUM BEACH - In response to recent provincial legislation changes aimed at increasing housing availability and density, the Town of Qualicum Beach is undertaking the significant task of updating...
FORTIS BC BEGINS DEEP ENERGY RETROFIT PROGRAM
SURREY – Fortis BC is doing deep energy retrofits on 20 older buildings to reduce emissions and energy costs for consumers by half or more in a new $50 million project. Fortis BC is starting with...
WATCH OUT: NEW LEADING ECONOMIC INDICATOR FLASHING WARNING SIGNS
OTTAWA - A new leading economic indicator is flashing warning signs, according to a new C.D. Howe Institute report. In “Tell-tale Signals: A Customized Toolkit for Tracking the Economy,” authors...
MOVERS & SHAKERS MARCH 20, 2024 – BUSINESS EXAMINER VANCOUVER ISLAND
News Impacting Central and North Vancouver Island NORTH ISLAND Tula Foundation is transferring 55 acres of land on Calvert Island to the BC Parks Foundation for future incorporation into the Hakai...
STRONGEST FEBRUARY EVER SHATTERS SALES RECORDS IN AUTO INDUSTRY
BRITISH COLUMBIA - After navigating a rocky road through the pandemic and post-pandemic, February 2024 stands tall as a perfect encapsulation of the state of the automotive industry in Canada — and...
POSEIDON OCEAN SYSTEMS ANNOUNCES MAJOR FUNDING
CAMPBELL RIVER – Poseidon Ocean Systems Ltd. has announced the completion of a US$20.75M Series B financing led by Ecosystem Integrity Fund, and joined by InBC Investment Corp., along with...
THEMIS SECURITY KEEPING RESIDENTS AND BUSINESSES SAFE
VICTORIA - Themis Security Services Ltd. has one mission: Keeping residents and businesses in Greater Victoria and Duncan safe. The community patrol service program has been a core service offering...
BCREA: FEBRUARY 2023 CANADIAN INFLATION REPORT
BRITISH COLUMBIA - Canadian prices, as measured by the Consumer Price Index (CPI), rose 2.8 per cent on a year-over-year basis in February, down from a 2.9% increase in January according the BC Real...
EQUIFAX CANADA REPORTS: BUSINESS INSOLVENCIES SURGE AMID FINANCIAL STRAIN
BRITISH COLUMBIA – The latest data from Equifax® Canada’s Market Pulse Quarterly Business Credit Trends Report shows a 41.4 per cent rise in business insolvencies in 20B23 when compared to 2022 as...
FINALISTS ANNOUNCED FOR 17TH ANNUAL VANCOUVER ISLAND COMMERCIAL BUILDING AWARDS
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...
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...