BRITISH COLUMBIA - National Bank of Canada (NBC) has acquired Canadian Western Bank (CWB) for a reported $5 billion. NBC, based in Montreal, made the announcement Tuesday. The transaction is subject...
victoria BUSINESS NEWS
NEW CO-OP ESSENTIALS BRAND AND FORMAT OPENS IN SURREY
SURREY – Otter Co-op and Federated Co-operatives Limited has unveiled a new brand and format called Co-op Essentials at its 17433 56th Avenue in Surrey. The new store on Highway 10 in the Cloverdale...
TOURISM VICTORIA: CULINARY TOURISM FEEDS GREATER VICTORIA’S VISITOR ECONOMY YEAR-ROUND
VICTORIA - Last week, I had the honour of presenting the Best New Restaurant award at the 2024 YAM Best Restaurant Awards. The awards celebrate the best of Greater Victoria’s culinary scene and the...
IMPROVED ACCESS TO MENTAL HEALTH COMING TO WEST SHORE
COLWOOD – A new community mental-health and substance-use service will soon offer accessible care closer to home for residents of the Westshore on southern Vancouver Island. The western communities...
EQUIFAX: CANADIANS ADAPTING THEIR FINANCIAL DECISIONS TO KEEP UP WITH ECONOMY
OTTAWA - Consumer debt rose to $2.46 trillion at the end of Q1 2024, marking a 3.5 per cent increase from the previous year, according to the latest Market Pulse Consumer Credit Trends and Insights...
MOVERS & SHAKERS VICTORIA FOR JUNE 11, 2024
News Impacting Southern Vancouver Island Business VICTORIA Sebastien Pare is pleased to announce he has moved his wealth management practice from a major bank-owned firm to join a team of...
CFIB: GOVERNMENT MADE NO AMENDMENTS TO PROPOSED CAPITAL GAINS CHANGES
OTTAWA - The Canadian Federation of Independent Business (CFIB) shared its disappointment that the federal government did not make amendments to its proposed changes to capital gains taxation....
CANADA’S FOREST SECTOR WELCOMES NEW NATIONAL WILDLAND FIRE SAFETY
OTTAWA – Last week, the Canadian Council of Forest Ministers (CCFM) introduced the Canadian Wildland Fire Prevention and Mitigation Strategy designed to increase awareness and investment in wildfire...
TOWN OF SIDNEY ANNOUNCES NEW CAO
SIDNEY – The Town of Sidney has appointed new Chief Administrative Officer (CAO), Liam Edwards, to lead the community’s municipal operations. Edwards is an experienced CAO, having led Bowen Island...
TIME2GETONLINE MAKES SURE WORDPRESS WEBSITES ARE SECURE
VICTORIA – Is your WordPress website secure? Every business owner should know that their website is secure, but if not, Jason Finnerty and the team at Time2GetOnLine.com are able to help. Finnerty...
VICTORIA-BASED FSI MOVES TOWARD PRODUCTION LINE FOR DIABETES AND WEIGHT LOSS DRUGS
VICTORIA – Environmental technology company Flexible Solutions International, Inc., (FSI), based in Victoria, has announced its intention to acquire a production line capable of filling large...
PRT GROWING SERVICES LTD. PARTNERS WITH TŁĮCHǪ GOVERNMENT
VICTORIA - PRT Growing Services Ltd. has formed a partnership with the Tłı̨chǫ Government, dedicated to supporting and scaling reforestation efforts in the Northwest Territories. “PRT is humbled by...
ICBA: PROVINCE’S NEW LAND-USE LAW CREATES UNCERTAINTY FOR BC MINING
The following op-ed, written by ICBA Chief Economist Jock Finlayson and his Fraser Institute colleagues Julio Mejia and Elmira Aliakbari, was published in Business in Vancouver on June 3, 2024....
NEW ECONOMIC DEVELOPMENT PROFESSIONAL CERTIFICATION AVAILABLE
PENTICTON – Brian Coombes, Chair of the British Columbia Economic Development Association (BCEDA), announced the launch of the Certified Economic Development Professional of British Columbia...
BCREA: BANK OF CANADA INTEREST RATE ANNOUNCEMENT
BRITISH COLUMBIA - The Bank of Canada lowered its overnight lending rate this morning by 25 basis points from 5 per cent to 4.75 per cent. In the statement accompanying the decision, the Bank noted...
BEDROCK REDI-MIX THRIVES WITH WOMEN IN KEY POSITIONS
NANAIMO – “I wear steel toed boots to work and love it!” So says Lindsay Widdifield, Safety Coordinator and an administrator at Bedrock Redi-Mix and one of several women in key positions who have...