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...
victoria BUSINESS NEWS
FRASER INSTITUTE: GOVERNMENT FUNDING FOR INDEPENDENT SCHOOLS SAVES BC TAXPAYERS MILLIONS EVERY YEAR
BRITISH COLUMBIA - Despite misperceptions, government funding for independent schools in British Columbia saves the province (i.e. provincial taxpayers) millions of dollars every year, finds a new...
HIGHLIGHTING SUCCESS OF WOMEN IN CONSTRUCTION – A KEY TO ATTRACTING MORE FEMALES TO INDUSTRY
By Mark MacDonald BRITISH COLUMBIA - Although women have made some strong strides into the construction industry in recent years, some of the typical challenges of entering a traditionally...
BCREA: SHELTER COSTS HIGH IN APRIL
BRITISH COLUMBIA - Canadian prices, as measured by the Consumer Price Index (CPI), rose 2.7 per cent on a year-over-year basis in April, down from a 2.9 per cent increase in March. Month-over-month,...
INCLUSIVITY IS A SUPERPOWER AND MAC RENOVATIONS LTD. KNOWS IT
VICTORIA – Year after year, MAC Renovations Ltd. continues to be Vancouver Island’s most trusted renovation team, a badge of honor the company wears proudly. MAC has built its entire reputation on...
SOOKE WASTEWATER TREATMENT PLANT CAPACITY EXPANSION PROJECT REACHES SUBSTANTIAL COMPLETION
SOOKE – The District of Sooke announced the substantial completion of the Sooke Wastewater Treatment Plant Capacity Expansion Project, marking a significant milestone in the enhancement of their...
GLOBAL PETROLEUM CONSUMPTION SURGES, DEFYING ENERGY TRANSITION EFFORTS
By Jock Finlayson and Denise Mullen A data gift arrived in our inboxes the other day. The U.S. Energy Information Administration (EIA) just released an update on all things energy-related. The...
MOVERS & SHAKERS VICTORIA FOR MAY 21, 2024
News Impacting Southern Vancouver Island Business VICTORIA Katie Gamble, Founder and CEO of Nature Bee, has been honoured with both the Emerging Business Person of the Year Award and the Business...
SAANICH ADOPTS FIVE YEAR FINANCIAL PLAN
SAANICH - Following an extensive process, Saanich Council has adopted the five-year Financial Plan Bylaw as well as the 2024 Tax Rate Bylaw which establish the operating and capital plans for all...
VICTORIA AND SAANICH INTRODUCE SUPPORTS FOR RENTAL BUILDING ELECTRIFICATION
VICTORIA - The City of Victoria and the District of Saanich recently launched tax exemption programs that support electrification retrofits in rental buildings, the first initiative of its kind in...
HONEST COMMENTARY ON BRITISH COLUMBIA’S EFFORTS TO GROW VALUE-ADDED WOOD PRODUCTS MANUFACTURING
An Editorial Opinion – View From The Stump, April, 2024 BRITISH COLUMBIA - Premier Eby and his Ministers Ralston and Mercier are often heard saying “more jobs from trees harvested” when...
FRASER INSTITUTE: CANADIANS EXPERIENCING DECLINE IN LIVING STANDARDS
OTTAWA - From 2019 to 2023, Canadian living standards declined—and as of the end of 2023, the decline had not yet ended, finds a new study published today by the Fraser Institute, an independent,...
WEBBWORLD DEVELOPMENTS INC. BUILDS LASTING COMMUNITIES IN THE COWICHAN VALLEY AND BEYOND
By Tyler Nyquvest DUNCAN – For a quarter of a century, the Webb name has been synonymous with quality craftsmanship, beautiful design, and a sincere commitment to community. Founded in the Cowichan...
COMPETITION SEARCHING FOR ISLAND’S BEST COCKTAIL
PORT ALBERNI – Nilo Du Plessis of Antidote Distilling Co. has come up with a new recipe: Vancouver Island’s Biggest Cocktail competition. The competition is open to anyone from across B.C., and...
CFIB: MANDATING A $20/HOUR LIVING WAGE COULD PUSH SMALL BUSINESSES TO THE BRINK OF CLOSURE
CFIB’s new report highlights flaws with minimum and living wage policies BRITISH COLUMBIA – Mandating a $20 per hour living wage in each province would cost the Canadian economy $44.9 billion in...
EMILIE DE ROSENROLL JOINS INNOVATE BC AS NEW BOARD CHAIR
BRITISH COLUMBIA - Innovate BC is pleased to welcome Emilie de Rosenroll as the new Chair of its Board of Directors, effective May 14, 2024. With nearly two decades of leadership experience in...