BRITISH COLUMBIA - A new economic impact study released today by the BC Council of Forest Industries (COFI) confirms BC’s forestry industry is a vital part of the province’s economy, generating...
victoria BUSINESS NEWS
BCREA: BANK OF CANADA HOLDS RATE
BRITISH COLUMBIA - The Bank of Canada maintained its overnight rate at 5 per cent this morning. In the statement accompanying the decision, the Bank noted that while the Canadian economy appears to...
ISLAND RED CEDAR CONSTRUCTION LTD. EARNED 2023 CONTRACTOR OF THE YEAR AWARD
NANAIMO - Island Red Cedar Construction Ltd. has been busy adding more trophies to its cabinet, as the Nanaimo-based firm was named Contractor of the Year (Small Company) at the annual Builders Code...
WEST SHORE CHAMBER: BUSINESS IN THE WESTSHORE? PLEASE READ ON!
WEST SHORE - It is such a please to serve in a region which is a vibrant mix of established and emerging businesses and non-profits. Our community is constantly evolving, and one of the ways we...
MOVERS & SHAKERS VICTORIA FOR APRIL 9, 2024
News Impacting Southern Vancouver Island Business VICTORIA Christine Tatham was promoted to the position of chief people officer at Redbrick. Juan Sebastian Escobar Ramirez has recently joined 10...
SPORT’S FESTIVAL CREATED 2,300 JOBS AND $600,000 IN TAXES
VICTORIA – Hosting a celebration of hockey created almost $4 million in economic activity in our region. Scotiabank Hockey Day in Canada took place in Victoria’s Inner Harbour from Jan. 17-20, but...
FUTURPRENEUR AIMS TO ADVANCE INDIGENOUS ENTREPRENEURSHIP IN B.C.
BRITISH COLUMBIA - Futurpreneur has set its next imminent target: advancing Indigenous entrepreneurship across British Columbia. “We have a pivotal role in advancing Indigenous entrepreneurship...
ADVISORY: NORTH AMERICA’S LEADING LUMBER PRODUCERS BIG PLAYERS WAITING FOR MARKET SIGNALS
This article was published in the Spring 2024 issue of the Truck Logger BC Magazine BRITISH COLUMBIA - Net sawmill capacity in North America declined by 2 per cent in 2023 as slowing lumber demand...
FROM THE TRENCHES PODCAST: JOSHUA GAGLARDI FROM ORION CONSTRUCTION
Orion Construction Sets Sights on Vancouver Island + Okanagan Thursday, March 28, 2024 Orion Construction is an all-in-one construction partner. They provide design, permitting, pre-construction,...
PENINSULA CO-OP ACQUIRES METRO LIQUOR IN BRENTWOOD BAY
VICTORIA - Peninsula Co-op has announced its latest acquisition on Vancouver Island - Brentwood Bay's Metro Liquor. This is in keeping with the organizations vision to expand in the liquor retail...
BCREA: SHORT TERM RENTAL ACT CHANGES
BRITISH COLUMBIA - In an effort to increase the supply of long-term residential housing, the BC Government has introduced the Short-Term Rental Accommodations Act) which will have substantive...
VREB: CONDOMINIUM SALES DOWN IN MARCH
VICTORIA - A total of 588 properties sold in the Victoria Real Estate Board region this March, 0.3 per cent fewer than the 590 properties sold in March 2023 but a 25.1 per cent increase from...
NATIONS FORM PARTNERSHIP TO ADVANCE BUSINESS OPPORTUNITIES
BRITISH COLUMBIA – Iskum Investments (Iskum) is a Consortium of over 20 First Nations from across Vancouver Island and the B.C. coast, that have come together in a unified modern business...
ADVISORY: CONSTRUCTION FINANCING – FINDING THE PATH FORWARD
VANCOUVER ISLAND - In 2021, the Vancouver Island market for real estate construction financing was humming along. The market was buoyed by low interest rates and awash with capital competing to...
TRIO OF VICTORIA COMPANIES EARN MAJOR BCCA AWARDS
VICTORIA – Houle Electric, CGI Constructors and Heritage Masonry of Victoria received major awards from the B.C. Construction Association at the start of the 7th Annual Construction and Skilled...
CFIB: APRIL 1 CARBON TAX HIKE MAKES A BAD PROBLEM WORSE FOR SMALL BUSINESSES
OTTAWA - Small business owners will not be laughing when the federal carbon tax jumps by 23% to $80 per tonne on April 1, says the Canadian Federation of Independent Business (CFIB). “The giant hike...