OTTAWA - The C.D. Howe Institute’s Monetary Policy Council (MPC) calls for the Bank of Canada to lower its target for the overnight rate, its benchmark policy interest rate, to 4.75 percent at its...
victoria BUSINESS NEWS
ELECTRICAL CONTRACTORS CALL FOR PROMPT PAYMENT LEGISLATION
BRITISH COLUMBIA - The Electrical Contractors Association of British Columbia (ECABC) is asking BC’s political parties to commit to enacting prompt payment legislation as soon as possible, to bring...
PRIVATE CLINICS HELPED SASKATCHEWAN REDUCE MEDIAN MEDICAL WAIT TIMES BY NEARLY 50%
BRITISH COLUMBIA - Private clinics were a key component in the Saskatchewan Surgical Initiative (SSI), which reduced waiting times by 47 per cent between 2010 and 2014, finds a new study published...
PAYPAL SURVEY SHOWS CANADIAN SMES SEEING POTENTIAL GROWTH
OTTAWA - Although 47 percent of all Canadian online small-medium enterprises (SMEs) report their business has not expanded in the last three years, yet 82 percent believe that they still have the...
MOVERS & SHAKERS VICTORIA FOR MAY 28, 2024
News Impacting Southern Vancouver Island Business VICTORIA James Innis has been appointed as the new president and chief operating officer of Sutton Group Realty Services Ltd. Jonathon Redbird has...
BC BUILDING PERMIT HUB PILOT LAUNCHED
BRITISH COLUMBIA – In an effort to have homes built faster and address housing market challenges, the Province is digitizing local permit processes to make it easier and faster for homeowners and...
BEACON AVENUE WEST ROUNDABOUT NOW COMPLETE
SIDNEY – The Town of Sidney, Victoria Airport Authority and District of North Saanich have announced the substantial completion of the Beacon Avenue West Roundabout, which will support economic...
HTEC RECEIVES FUNDING TO BUILD HYDROGEN PRODUCTION FACILITY IN NANAIMO
BRITISH COLUMBIA – HTEC has received a $337 million loan to expand its network of hydrogen refueling stations in B.C. and Alberta, and will build three new hydrogen production facilities in Nanaimo,...
HOW GOVERNMENT DEBTS AND DEFICITS IMPACT YOUR FINANCES AND PUBLIC SERVICES
OTTAWA - Do government debts and deficits matter? Some people think not. Some argue that governments control the money supply and can always generate more funds. This spending provides health care...
TIME2GETONLINE OFFERING MANAGED WORDPRESS HOSTING FOR WEBSITES
VICTORIA – Businesses that have an online presence often don’t have time to monitor and update their websites. That’s why Jason Finnerty started Time2GetOnLine in 2017 – to provide a dedicated team...
HARBOUR AIR TO CONVERT ELECTRIC EBEAVER AIRCRAFT FOR BEL-AIR AVIATION
VICTORIA – Harbour Air has signed a letter of intent to convert three fully electric eBeaver aircraft for Bel-Air Aviation of Quebec at the International Aerospace Innovation Forum organized by Aero...
BCREA: MAY 2024 CANADIAN RETAIL SALES REPORT
BRITISH COLUMBIA - Canadian retail sales fell 0.2 per cent to $66.4 billion in March. Excluding volatile items, sales were down 0.6 per cent on a month-over-month basis. In volume terms, adjusted...
LANGFORD WINS COMMUNITY PROJECT AWARD FOR THE LANGFORD STATION
LANGFORD - The City of Langford received the Community Project Award from British Columbia Economic Development Association (BCEDA) for its its role in supporting the city’s economy. The award...
PVOLVE – EVIDENCE-BASED FUNCTIONAL FITNESS
VICTORIA – Construction jobs, particularly trades positions, are often physically demanding. To help meet the daily challenges that accompany positions that require physical strength and endurance,...
FLEXIBILITY OPTIONS ATTRACTING TOP WOMEN TO CLEAN ENERGY CONSULTING
VANDERHOOF – Flexibility was one of the major reasons that Zoe Dhillon decided to leave the public sector and join Clean Energy Consulting (CEC) in 2019. As a Senior Project Manager from her home...
CIB TO LEND BC FERRIES $75 MILLION TO LAUNCH ITS VESSEL ELECTRIFICATION PROGRAM
BRITISH COLUMBIA – The Canada Infrastructure Bank (CIB) has reached financial close on a $75 million loan to BC Ferry Services Inc. to help finance the purchase of four zero-emission ferries and...