Ongoing Workforce Shortages and Public Policy Stagnation an Ongoing Struggle for the Industry VICTORIA - Statistics reported in the Fall 2023 BC Construction Association (BCCA) Industry Stat Pack,...
victoria BUSINESS NEWS
BCREA: September Housing Starts
BRITISH COLUMBIA - Canadian housing starts rose 8 per cent to 270,466 units in September at a seasonally adjusted annual rate (SAAR). Starts were down 9 per cent from the same month last year....
Penticton Chamber: Mixed Thoughts on Provincial Government’s New Rules on Short-Term Rentals
PENTICTON - The Penticton & Wine Country Chamber of Commerce is concerned about the BC government’s new restrictions coming to short-term rentals. “The Chamber is pleased to see legislation that...
C.D. Howe Institute Monetary Policy Council to Bank of Canada: Hold Overnight Rate at 5% until Early 2024
Cut to 4.50 Percent by Next October OTTAWA – The C.D. Howe Institute’s Monetary Policy Council (MPC) recommends that the Bank of Canada maintain its target for the overnight rate, its benchmark...
KIS Payments Acquired by Peloton Technologies
VICTORIA - The acquisition of KIS Payments expands Peloton Technologies' client base and sales teams, allowing Peloton to rapidly scale delivery of their innovative service offerings. The...
OPINION: Utilizing Forest Management to Tackle Canada’s Wildfire Crisis
Opinion Piece by Murray Wilson Retired forester BRITISH COLUMBIA - I grew up in a small town in the Northwest Territories which left me with a passion for trees and our natural ecosystems. In 1977,...
Victoria App Builder Jagged Pixel Acquired by Tiny Ltd.
VICTORIA – Tiny Ltd. subsidiary WeCommerce has acquired the assets of Jagged Pixel Inc., a Victoria-based Shopify App builder. Jagged Pixel operates Uptime, an automated store monitoring application...
VISOA Offers Assistance and Expertise for Strata Owners
VICTORIA – Strata living can be difficult to navigate for condominium and other strata owners. That’s what the Vancouver Island Strata Owners Association (VISOA) is there for, and the organization...
BCREA: SEPTEMBER 2023 INFLATION REPORT
BRITISH COLUMBIA - Canadian prices, as measured by the Consumer Price Index (CPI), rose 3.8 per cent on a year-over-year basis in September, down from 4 per cent in August. Excluding gasoline, CPI...
Legislation Introduced to Rein in Short-Term Rentals in BC
BRITISH COLUMBIA - Turning short-term rentals into homes for people is at the core of newly introduced legislation to regulate the rapidly expanding short-term rental market according to the recent...
Victoria Chamber Earns National Recognition
VICTORIA - The Greater Victoria Chamber of Commerce has earned a prestigious Inclusive Growth Award from the Canadian Chamber of Commerce. The award recognizes outstanding efforts to advance...
Province Developing Digital Building Permit Tool
BRITISH COLUMBIA - The Province is working with partners to develop a new digital building permit tool that will allow for new homes to be approved faster. Currently, many jurisdictions in BC rely...
2023 Wildfires Could Impact 2024 Property Assessments
VICTORIA - British Columbians whose properties were impacted by the 2023 wildfires are asked to connect with BC Assessment for assistance in determining their property's accurate status. "We...
Value-Added Wood Manufacturing Expanded Through Collaboration
BRITISH COLUMBIA – Value-added wood manufacturers are encouraged to join three new accelerator tables that will work to expand the sector in BC. Expanding local production of higher-value wood...
Advanced Aerial Mapping Program Delivers Better Public Data
BRITISH COLUMBIA - People and communities can look forward to more freely accessible high-quality data to support informed and effective decision-making on climate resiliency and land-use planning...
ADVISORY: Tips to Help You on Your Career Pathway
BRITISH COLUMBIA - Employees who take advantage of company resources and mentorship opportunities are better able to visualize their future within an organization—and that has a positive impact...