victoria BUSINESS NEWS

MOVERS & SHAKERS VICTORIA FOR JULY 2, 2024

News Impacting Southern Vancouver Island Business VICTORIA Navid Sariolghalam has joined the Inn at Laurel Point team as General Manager and Managing Director. With more than 40 years of experience...

SNUNEYMUXW FIRST NATION BUYS CASINO NANAIMO

NANAIMO – Petroglyph Development Group Ltd., a wholly owned corporation of Snuneymuxw First Nation, has purchased the downtown Casino Nanaimo from gaming and hospitality company Great Canadian...

BCREA: MAY 2024 CANADIAN INFLATION

BRITISH COLUMBIA - Canadian prices, as measured by the Consumer Price Index (CPI), rose 2.9 per cent on a year-over-year basis in May, up from a 2.7 per cent increase in April. Month-over-month, on...

BCREA: MORTGAGE RATE FORECAST

Mortgage Rate Outlook BRITISH COLUMBIA - Now that the Bank of Canada is lowering its policy rate, there is some expectation that fixed mortgage rates should also fall. However, the impact on fixed...

MOVERS & SHAKERS VICTORIA FOR JUNE 25, 2024

News Impacting Southern Vancouver Island Business   VICTORIA Bruce Williams is celebrating  four-year anniversary as CEO of the Greater Victoria Chamber of Commerce. Roger Lee was honoured with...

VICTORIA’S TECH SECTOR SURGES

New Economic Impact Study Reveals $7.8 Billion Contribution VICTORIA – VIATEC (Victoria Innovation, Advanced Technology and Entrepreneurship Council) is proud to present the findings of its 2023...

BCREA: CANADIAN HOUSING STARTS FOR MAY 2024

BRITISH COLUMBIA - Canadian housing starts rose 10 per cent to 264,506 units in May at a seasonally adjusted annual rate (SAAR). Starts were up 35 per cent from the same month last year....