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...
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VANCOUVER ISLAND BUSINESS NEWS
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...
FAMILY-OWNED NESVOG MEATS TASTES SUCCESSFUL BUSINESS FOR 20 YEARS
NANAIMO – Every member of the family has a stake in Nesvog Meats. Or make that steak, and chicken, and sausages, and pepperonis, and vegetables, and pre-made meals, and. . . The Nesvog Meats success...
MOVERS & SHAKERS MARCH 6, 2024 – BUSINESS EXAMINER VANCOUVER ISLAND
News Impacting Central and North Vancouver Island NORTH ISLAND Northisle Copper and Gold Inc. is pleased to announce preliminary metallurgical results from Northwest Expo showing combined flotation...
BCREA: BANK OF CANADA MAINTAINS INTEREST RATE
OTTAWA - The Bank of Canada maintained its overnight rate at 5 per cent this morning. In the statement accompanying the decision, the Bank noted that economic growth is slow, wage pressures are...
NANAIMO COLUMN: GAS ‘N GO ADDS SHELL STATIONS IN PORT ALBERNI AND COMOX
IWCD Moves Into New Office Space in Victoria NANAIMO - Wayne Procter has added another two stations to his growing Gas’N Go and General Store operations on Vancouver Island, with the addition of...
FEBRUARY SEES SIGNIFICANT REAL ESTATE SALES INCREASE
NANAIMO – Last month, 254 single-family homes sold in the Vancouver Island Real Estate Board (VIREB) area, up 15 per cent from one year ago and 67 per cent from January 2024. Sales of condo...