VANCOUVER ISLAND BUSINESS NEWS

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...

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...

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...

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...

ADVISORY: SET YOUR TEAM UP FOR SUCCESS

VANCOUVER ISLAND - In today’s world, we live in a diverse environment in terms of culture, race, demographics and experience.  Diversity at work brings in creativity, innovation, empathy, and social...

Bank of Canada Holds at 5%

OTTAWA - The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening....

BC Airports Receiving Funding to Improve Safety

BRITISH COLUMBIA - Canadians rely on safe and well-maintained local and regional airports to provide essential air services, including community resupply, air ambulance, search and rescue, and...