VANCOUVER ISLAND - With 2024 coming to a close, we want to highlight a few of the business tips our experts provided throughout the year. As you make resolutions in the New Year, we hope they help!...
victoria BUSINESS NEWS
CANADIANS WILL PAY $9 BILLION TO IMPLEMENT TRUDEAU’S BAN OF BC SALMON FARMS
Liǧʷiłdaxʷ TERRITORY/CAMPBELL RIVER — A new economic impact report by RIAS Inc. concludes that the Trudeau government's proposed ban on current marine net-pen salmon farming in British Columbia will...
PROVINCE SETS STAGE TO BOOST MOTION PICTURE SECTOR
LANGLEY – The Province of BC has increased tax incentives for the motion picture sector in hopes of attracting more major productions and ensure that good-paying film and TV industry jobs stay in...
BCREA: SALES CONTINUE NORMALIZING TREND IN NOVEMBER
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that 5,841 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in November 2024, up 25.7...
CPABC: NAVIGATING PROPOSED CAPITAL GAINS AND LOSSES CHANGES
BRITISH COLUMBIA - A lot has changed over the past year, including the proposed capital gains tax changes in Canada, which took effect on June 25, 2024 and saw the capital gains inclusion rate...
MEI: OTTAWA HAS LOST CONTROL OF ITS SPENDING
OTTAWA – By announcing that it will not respect one of its main fiscal anchors this year, the federal government is showing a lack of rigour, says an MEI researcher. “Once again, the federal...
VANCOUVER ISLAND NORTH FILM COMMISSION ATTRACTS FILMS AND BOOSTS ECONOMY
VANCOUVER ISLAND - The line producer and location manager behind the film One Mile arrived on Vancouver Island for a quick look at a single location. They wanted to see McLean Mill National Historic...
CFIB: RISING INSURANCE COSTS A CONCERN FOR SMALL BUSINESSES
OTTAWA - Insurance costs have become a top concern for over two-thirds (68%) of Canadian small businesses, and half have experienced an increase of 10% or more in their insurance premiums over the...
BCREA: BANK OF CANADA LOWERS INTEREST RATES
BRITISH COLUMBIA - The Bank of Canada lowered its overnight policy rate by 50 basis points for the second consecutive meeting, bringing it from 3.75 to 3.25 per cent. In the statement accompanying...
SAANICH DRAFTS PLAN FOR DISTRICT-OWNED PROPERTY
SAANICH - As Saanich continues to explore innovative ways to use District-owned property to benefit the community, the District will be moving forward with the proposed pre-zoning and eventual sale...
PLURILOCK LANDS CONTRACT WITH DEPARTMENT OF NATIONAL DEFENSE
VICTORIA - Global cybersecurity company, Plurilock Security Inc., has received a three-year sales order for a total of CAD$2.5 million with the Canadian Department of National Defense dated November...
AI/ML INNOVATIONS ACQUIRES QUANTUM SCIENCES LTD
VICTORIA - AI/ML Innovations Inc. (CSE:AIML)(OTCQB:AIMLF)(FWB:42FB) has announced that it has entered into an arms-length share purchase agreement dated December 9, 2024 (the "SPA") to acquire all...
VECIMA RESTRUCTURES WORKFORCE
VICTORIA - Vecima Networks Inc. (VCM: TSX), a company delivering software, services, and integrated platforms that power broadband and video streaming networks, announced their plans to restructure....
SOUTH VANCOUVER ISLAND MOVERS & SHAKERS DECEMBER 10, 2024
News Impacting Southern Vancouver Island Business VICTORIA Madone Pelan, General Manager of the Oak Bay Beach Hotel in Victoria, British Columbia, has been recognized as the Hotelier of the Year for...
RE•FLECTIONS PODCAST REFLECTS ON WHEATCROFT’S REAL ESTATE EXPERIENCES
VICTORIA - Braden Wheatcroft has been in the real industry for many years, and he’s had time to reflect on his experiences. The Director of Business Development and Broker Owner of RE/MAX Camosun...
YELLOW SHEET VANCOUVER ISLAND BUILDING BRIEFS: DECEMBER 9, 2024
SAANICH - 4464 Markham St (industrial new) Warehouse Architect: Number Ten Architectural Group - Victoria Ph: 250-360-2106 rhalliday@numberten.com Developer: University of Victoria - Property...