News Impacting Business in BC
Applications Open for New Ventures BC Competition
BRITISH COLUMBIA – Ready to put your startup to the test? The 2022 New Ventures BC Competition, presented by Innovate BC, is now open for entries. Apply by April 11, 2022, for a chance to be named one of the top new tech companies in the province.
Why enter? Join over 200 early-stage tech startups vying for $250,000 in cash and prizes. Competitors also get access to New Ventures’ online educational seminar series, mentorship opportunities, and in-person networking events.
For more information click here.
Tender for Malahat Permanent Repair Announced
VICTORIA – Permanent repair work will begin soon on the portions of the Malahat section of Highway 1 damaged during November’s flooding.
The project tender for the Highway 1 – Malahat Tunnel Hill Washout repair project has been posted to BC Bid. The work will include restoring approximately 50 metres of the northbound lane north of Finlayson Arm Road and repairing damage to existing drainage and slope stability. An 80-metre retaining wall will also be replaced to secure the slope against future extreme rain events.
Read the full release here.
BCCPA: How To Identify, Protect Yourself, And Report Fraud
BRITISH COLUMBIA – Did you know that March is Fraud Prevention Month in Canada? This is a time to educate or refresh ourselves on the types of fraud being practiced and how we can protect ourselves. According to the Canadian Anti-Fraud Centre (CAFC), Canadians reportedly lost $379 million to scams in 2021, with the same source indicating this is an increase of 130% compared to 2020.
Some of this is attributed to the rise of COVID-19-related scams during the pandemic, with $8.15 million reportedly lost by Canadians from March 6 to February 28, 2022 due to these types of scams.
See full report here.
Harbour Seaplanes Fuel Surcharge Notice
VICTORIA – Due to the ongoing surge in fuel prices, Harbour Air will be implementing a fuel surcharge on all fares effective Monday, March 28. Please rest assured this is a temporary measure being implemented to cover operational costs.
This surcharge will apply to all new bookings including confirmed travel, and standby travel. Additionally, any new purchases of pre-paid quick tickets, and on-account quick tickets will include a Fuel Surcharge on the base fare.
See full press release here.
Western Forest Products Earns Recognition
BRITISH COLUMBIA – Western Forest Products Inc. today announced that it has earned a spot on the 2022 Report on Business Women Lead Here list, an annual editorial benchmark identifying best-in-class executive gender diversity in corporate Canada.
Established in 2020 by Report on Business magazine, the Women Lead Here initiative applies a proprietary research methodology to determine Canadian corporations with the highest degree of gender diversity among executive ranks. This initiative highlights businesses that have made tangible, systemic, organizational progress related to executive gender parity.
See full story here.