NANAIMO – The Vancouver Island Real Estate Board (VIREB) recorded 7,297 unit sales in 2023 compared to 11,045 in 2021 and 7,810 in 2022. High interest rates are primarily to blame for the weaker...
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VANCOUVER ISLAND BUSINESS NEWS
TLA: TACKLING A DIFFERENT KIND OF CLIMATE CHANGE
As seen in Truck LoggerBC Winter 2024 TLA Executive Director’s Message BRITISH COLUMBIA - Suffice it to say there is an abundance of headlines about the environmental climate challenges facing us....
COMOX VALLEY CHAMBER ANNOUNCES 2023 AWARD FINALISTS
COMOX VALLEY – The Comox Valley Chamber of Commerce (CVCC) is so pleased to announce our 2023 Chamber Award finalists. Since 1974, the Chamber Awards has recognized the accomplishments of...
Nanaimo’s Shaun Peet Revs Up Corporations With Top Gear Motivational Presentations
From Zero To 8.5 Seconds By Mark MacDonald NANAIMO – Call him the Hero of the Zero. Nanaimo native Shaun Peet, an in-demand motivational speaker in the United States through the DECK Leadership...
BCREA: MORTAGAGE RATE FORECAST
BRITISH COLUMBIA - After hitting a 15-year high in late fall, long-term Canadian bond yields have been tumbling to finish the year as financial markets reckon with slowing inflation and the...
LATEST VANCOUVER ISLAND PROPERTY ASSESSMENTS AVAILABLE ON WEBSITE
VANCOUVER ISLAND - In the next few days, owners of nearly 400,000 properties throughout Vancouver Island can expect to receive their 2024 assessment notices, which reflect market value as of July 1,...
INNOV8 DIGITAL SOLUTIONS BUYS ONTARIO COMPANY
BRTISH COLUMBIA – Innov8 Digital Solutions has expanded its network of stores to 10 with the acquisition of Sudbury, Ontario-based Laurentian Business Products Center Inc. Innov8 is Canada’s largest...
NANAIMO COLUMN: COMMUNITY FUTURES CENTRAL ISLAND MOVES TO PARKSVILLE
Driftwood Great Chinese Buffet Adds Fifth Island Location NANAIMO - Executive Director Jolynn Green has announced that Community Futures Central Island has moved from downtown Nanaimo to 106-205...
BCREA: October 2023 Canadian Monthly Real GDP Growth
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...
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...