BRITISH COLUMBIA - To say 2020 has been a unique year would be somewhat of an understatement. In fact, it could be called the year of the roller coaster. This time last year I was preparing...
victoria BUSINESS NEWS
CRD Board Approves Inclusion Of First Nations
VICTORIA – The Capital Regional District (CRD) Board has approved a number of bylaw changes to provide for the inclusion of First Nations elected representatives on CRD standing committees. First...
The US Is Increasingly Dependent On Overseas Lumber Supply As Canadian Softwood Lumber Production Continues To Decline
BRITISH COLUMBIA - During the first ten months of 2020, US importation of overseas softwood lumber was 39 per cent higher than during the same period in 2019. By year-end, 2020's import volume will...
C.D. Howe: Bank of Canada Should Hold Overnight Rate at 0.25 Percent, Maintain Government Bond Purchases
BRITISH COLUMBIA – The C.D. Howe Institute’s Monetary Policy Council (MPC) recommends that the Bank of Canada keep its target for the overnight rate, its benchmark policy interest rate, at 0.25...
BCREA: BC Residential Permits Up
BRITISH COLUMBIA - Canadian housing starts decreased by 12.6 per cent m/m to 228,279 units in December at a seasonally adjusted annual rate (SAAR), following a strong increase of 14 per cent in the...
Tourism Coalition Urges Province Not To Pursue Domestic Travel Ban
Industry Looking to Work With Government on Other Options BRITISH COLUMBIA - BC’s beleaguered tourism and hospitality industry says a ban on inter- provincial, non-essential travel not only goes...
BC Chamber of Commerce and ACE-WIL Launch Student Talent Program
Program to Support BC Businesses in Recovery and Future Growth BRITISH COLUMBIA – The BC Chamber of Commerce and Association for Co-operative Education and Work-Integrated Learning BC/Yukon...
Frank Bourree Receives Chamber Governors’ Award of Distinction
VICTORIA – Always a leader, it is no surprise that Frank Bourree has the distinction of being the Greater Victoria Chamber of Commerce's first recipient of the Governors' Award of Distinction....
Nicola Wealth Real Estate Submits Application For Development in Saanich
Significant Rental Housing Contributions In The UVIC University Centre VICTORIA - A 2-acre site in the heart of Saanich near the University of Victoria will be revitalized with a development...
Province Increases Cleanbc Rebates For Commercial EVs
BRITISH COLUMBIA – BC businesses wanting to reduce air pollution and save on fuel costs can access more in provincial rebates through the CleanBC Specialty-Use Vehicle Incentive (SUVI) and...
BC Homesales Closing Out an Unprecedented Year
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that a total of 93,953 residential unit sales were recorded by the Multiple Listing Service (MLS) in 2020, an increase...
BC Seafood Festival A Virtual Hit
Annual Event Went Online in November To Reach International Buyers COMOX VALLEY – COVID-19 may have postponed the 2020 BC Seafood Festival, but it didn’t knock it out. Instead, Invest Comox Valley...
Pandemic Tops The List Of Disruptors To Watch In 2021
Farm Credit Canada's Economic Team Say To Watch Pandemic Trends In 2021 BRITISH COLUMBIA – The pandemic was undoubtedly the single biggest shock to the Canadian agriculture and food industry in...
Advisory: How To Attract Star Talent
NANAIMO - Although the pandemic is far from over, the good news is that the labour market has begun to recover. Now more than ever, small businesses on Vancouver Island need to find ways to attract...
City Of Langford And Vancouver Island Economic Alliance Partner For Island Good
LANGFORD - Langford businesses and producers can now take advantage of free Island Good licensing for 2021. The City of Langford has partnered with the Vancouver Island Economic Alliance (VIEA) to...
December Shows Overall Decline In Employment Except For BC
BRITISH COLUMBIA - Canadian employment lost 63k jobs in December (-0.3 per cent, m/m), representing the first decline since April 2020. This comes on the heels of many provinces reinstating public...