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victoria BUSINESS NEWS
BCREA: RETAIL SALES UP .9% IN BC FOR OCTOBER
BRITISH COLUMBIA - Canadian retail sales rose 0.6 per cent to $67.6 billion in October from the previous month. Compared to the same time last year, retail sales are up by 1.5 per cent. Furthermore,...
BCREA: MORTGAGE RATE FORECAST
BRITISH COLUMBIA - Prior to the US presidential election, the outlook for Canadian mortgage rates seemed relatively clear. The Bank of Canada’s overnight policy rate was on a glide path to reach...
DESTINATION GREATER VICTORIA LAUNCHES INTENTION WELLNESS GETAWAY FOR 2025
VICTORIA - As the new year approaches, Destination Greater Victoria (DGV) introduces a new program to help people prioritize their heath and wellness in 2025. Intention is a wellness getaway program...
BIGFOOT CRANE ACADEMY TRAINING CRANE OPERATORS ACROSS WESTERN CANADA
On the ground: students learn with hands-on instruction at Bigfoot Crane Academy ABBOTSFORD – Bigfoot Crane Academy is providing boots on the ground training to help crane operators get a better...
CAR GROUP ASKING PROVINCE TO SLOW DOWN ON ZERO EMISSION VEHICLE TARGETS
BRITISH COLUMBIA – There’s a collision coming when radical government policy concerning the electrification of vehicles meets the marketplace in 2026. Ultimately, it will be consumers that will...
BCREA: NOVEMBER CANADIAN INFLATION REPORT
BRITISH COLUMBIA - Canadian prices, as measured by the Consumer Price Index (CPI), rose 1.9 per cent on a year-over-year basis in November, down from a 2.0 per cent increase in October....
ICBA: B.C.’s BUSINESS DISADVANTAGE ABOUT TO GET WORSE
The following op-ed, written by Jordan Bateman, ICBA’s VP-Communications, first appeared in Business in Vancouver on Friday, Dec. 13, 2024. BRITISH COLUMBIA - David Eby made his annual visit to the...
COFI RESPONDS TO NDP-GREEN AGREEMENT
BRITISH COLUMBIA - Linda Coady, President & Chief Executive Officer of the BC Council of Forest Industries (COFI), issued the following statement today in response to a commitment to undertake a...
NEW CONFERENCE BUSINESS CAPS ANOTHER SUCCESSFUL YEAR FOR DESTINATION GREATER VICTORIA
VICTORIA - As we near the end of another successful year for Greater Victoria’s visitor economy, Destination Greater Victoria (DGV) is pleased to share that Business Events Victoria, the division of...
SOUTH VANCOUVER ISLAND MOVERS & SHAKERS DECEMBER 17, 2024
News Impacting Southern Vancouver Island Business Brodie Rogers has been hired as the new Proposal Manager at Kinetic Construction Ltd. Madone Pelanbegan, General Manager of the Oak Bay Beach Hotel,...
YELLOW SHEET VANCOUVER ISLAND BUILDING BRIEFS: DECEMBER 17, 2024
VICTORIA - 824 Alston St (multi-family new) Apartments Owner: Makola Housing Society - Victoria Ph: 778-401-5025 mhenderson@makoladev.com Architect: Low Hammond Rowe Architects Inc - Victoria Ph:...
BCREA: NOVEMBER CANADIAN HOUSING STARTS
BRITISH COLUMBIA - Canadian housing starts rose 8 per cent to 262,433 units in November at a seasonally adjusted annual rate (SAAR). Starts were up 25 per cent from the same month last year....
CREA: CANADIAN HOME SALES CONTINUE TO CLIMB IN NOVEMBER
OTTAWA – Home sales activity recorded over Canadian MLS® Systems rose again in November, building on October’s surprise jump. Sales were up 2.8% in November compared to October, and now stand a...
MEI: OTTAWA’S SPENDING SPIRALS OUT OF CONTROL WITH $48.3-BILLION SHORTFALL
OTTAWA - The Trudeau government’s broken pledge to keep the deficit below $40.1 billion for 2023-2024 is one more sign the government has lost control of federal finances, asserts an MEI researcher...
BC FERRIES SUBMITS PLAN TO BUILD FIVE NEW MAJOR VESSELS
VICTORIA - Plans have been submitted to to the BC Ferries Commissioner to build five New Major Vessels (NMVs), which could prove be the largest capital investment in the organizations history. With...