VANCOUVER ISLAND - The Tlowitsis, We Wai Kai, Wei Wai Kum and K’ómoks First Nations, and Western Forest Products Inc. have reached an agreement for the Nations to acquire a 34% interest from Western...
victoria BUSINESS NEWS
C.D. Howe Institute Pans Canadian Governments’ Opaque Budgets
OTTAWA – Canadian senior governments’ budgets are too opaque, says a new report from the C.D. Howe Institute. While Alberta and Saskatchewan garnered grades in the A range in its latest annual...
WorksafeBC: Slips, Trips, and Falls are BC’S Costliest Workplace Incidents
BRITISH COLUMBIA - WorkSafeBC is urging employers and workers to manage the prevalent risk of slips, trips, and falls in the workplace. Each year, approximately 20 per cent of workplace injuries are...
De Havilland Canada Announces Partnership
VICTORIA - De Havilland Aircraft of Canada Limited (De Havilland Canada) has selected Universal Avionics, an Elbit Systems company, as lead supplier of integrated flight decks for De Havilland...
Greater Victoria Harbour Authority 2022-23 Annual Report and Financial Statements
VICTORIA - At its Annual General Meeting, the not-for-profit Greater Victoria Harbour Authority (GVHA) announced that it concluded the 2022-23 fiscal year with a net surplus of $5.4 million, based...
BC Construction Development Cautious In The Face Of Economic Pressures And Legislative Delays
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,...
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...