WEST SHORE - Following our Annual General Meeting in November, it is my pleasure to introduce you to the incoming WestShore Chamber Board of Directors for 2024: President Ingrid Vaughan owns and...
victoria BUSINESS NEWS
BCREA: MORTAGAGE RATE FORECAST
BRITISH COLUMBIA - After hitting a 15-year high in late fall, long-term Canadian bond yields have been tumbling to finish the year as financial markets reckon with slowing inflation and the...
INNOV8 DIGITAL SOLUTIONS BUYS ONTARIO COMPANY
BRTISH COLUMBIA – Innov8 Digital Solutions has expanded its network of stores to 10 with the acquisition of Sudbury, Ontario-based Laurentian Business Products Center Inc. Innov8 is Canada’s largest...
DECEMBER 2023 CAPITAL REGION COMMERCIAL REAL ESTATE REPORT
Sponsored By By Mike Kozakowski of Citified.ca VICTORIA The largest townhome development built within the City of Victoria in nearly two decades has completed construction. Washington, from...
BCREA: October 2023 Canadian Monthly Real GDP Growth
BRITISH COLUMBIA - Canadian real GDP was nearly unchanged for the third consecutive month in October. Manufacturing contracted 0.6 per cent in October, led by declines in durable goods. Construction...
VICTORIA CHAMBER: AS WE CHANGE CALENDARS, GOOD TO EMBRACE FRESH OUTLOOK FOR 2024
GREATER VICTORIA - Normally at this time of year, columns such as this offer a retrospective of the past 12 months. However, do you really want to read yet another opinion on inflation and interest...
CPABC: TRANSFERRING A FAMILY BUSINESS? NEW TAX LAWS COMING IN JANUARY
BRITISH COLUMBIA- New rules for owners transferring their business to next generation family members or employees will soon take effect The 2023 federal budget introduced new tax rules for owners...
New Study Shows BC New Car Dealers Drive BC Economy
LANGLEY – A new study underlines the significant impact of BC’s New Car Dealers on the economic and social fabric of British Columbia during a period in which the industry faced significant...
THREE ISLAND MANUFACTURING FIRMS WILL RECEIVE GRANTS FROM MANUFACTURING FUND
NANAIMO – VMAC Global Technology Inc. will receive as much as $3.4 million though the provincial government’s BC Manufacturing Jobs Fund to build a new 5,000 square foot manufacturing facility and...
MEI: ELECTRIC VEHICLES: ONE MEASURE TOO MANY
OTTAWA – The numerous support measures for the electric vehicle industry adopted by the Trudeau government go too far, according to a Montreal Economic Institute researcher. “Ottawa already spends...
ROOT INTERIORS LTD. OWNER RETURNS TO ISLAND
Root Interiors, Specializing In Commercial Spaces By Mark MacDonald Photos by Barbara Anne Photography VANCOUVER ISLAND - After many successful years designing award winning projects on the lower...
BCREA: LIVING COSTS CONTUNUE TO DRIVE INFLATION
BRITISH COLUMBIA - Canadian prices, as measured by the Consumer Price Index (CPI), rose 3.1 per cent on a year-over-year basis in November, unchanged from the rate in October. Excluding energy...
REAL-TIME PARKADE SPACE AVAILABILITY NOW ONLINE
VICTORIA - Parking in downtown Victoria just got easier with new parking software that uploads, in real-time, the number of available parking spaces in the City’s five parkades. Using motion sensor...
US/CANADA SHOPPING: 5 THINGS WORTH BUYING
BRITISH COLUMBIA - Still have Christmas shopping to do and live close to our US neighbours? Well, according to a recent release by HelloSafe, a platform comparing financial products in Canada, there...
VRBA: VICTORIA, SOOKE HOUSING STARTS DOWN MORE THAN 50%
VICTORIA - CMHC reports housing starts in Greater Victoria declined 4% January to November from 4,517 in 2022 to 4,348 units in 2023. Year-to-date, large multi-family condos/apts are up 6% at 3,635...
Peninsula Co-op Supports Internal Growth as a ‘Best Place to Work’ Employer
VICTORIA - Peninsula Co-op is pleased to announce the internal promotion of Susan Herman to Vice President, Finance. Supporting the strategic pillar as a 'Best Place to Work', Peninsula Co-op is...