OTTAWA - Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged up slightly on a month-over-month basis in June 2023. Highlights: Monthly home sales...
victoria BUSINESS NEWS
Canada’s Per-Person GDP Growing at Slowest Rate Since the Great Depression
OTTAWA — Canada’s per-person GDP is growing at its slowest rate since the 1930s and the Great Depression, finds a new study published today by the Fraser Institute, an independent, non-partisan...
Camosun College Ignites Innovation With $1.75M Grant
VICTORIA – Camosun College announced the renewal of its Technology Access Centre (TAC) grant in Advanced Manufacturing Research with a significant $1.75 million funding boost. The grant, funded by...
BC Makes Over $4-Million Mass-Timber Investments For New Demonstration Projects
BRITISH COLUMBIA – The Government of British Columbia is providing more than $4 million for 12 new mass-timber demonstration and research projects, which builds on BC’s global leadership in this...
June BC Residential Sales Outperform Expectations
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that a total of 8,740 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in June 2023,...
Bank of Canada Raises Policy Rate 25 Basis Points
OTTAWA - The Bank of Canada today increased its target for the overnight rate to 5 per cent, with the Bank Rate at 5¼ per cent and the deposit rate at 5 per cent. The Bank is also continuing its...
Coastal Heat Pumps Expands to Cowichan Valley
Sidney-Based Home and Office Comfort Service Firm Continues to Expand VICTORIA – Family-owned and operated Coastal Heat Pumps is now bringing their home and office comfort services to the Cowichan...
Victoria Real Estate Market Sees a Strong Spring
VICTORIA - A total of 705 properties sold in the Victoria Real Estate Board region this June, 15.2 per cent more than the 612 properties sold in June 2022 and a 9 per cent decrease from May 2023....
You Have a Vision — Sticky Business Will Make it Stick
VICTORIA – One thing that remains nearly unchanged in the business world is the need to stand out. For consumer goods, the most obvious way to do that has been to slap a label on your product. Even...
Canada Welcomed More Than 32,000 Tech Workers Over the Past 12 Months
BRITISH COLUMBA - The Technology Councils of North America (TECNA) and Canada's Tech Network (CTN) released "Tech Workforce Trends: The Migration of Tech Workers and Tech Jobs Since The Pandemic,"...
Investor Injection Aids Ecologyst Goal To Make Net Zero Clothing
VICTORIA – Coeuraj Capital has invested in Ecologyst to help the Victoria-based company achieve its goal of becoming North America’s first “net zero” clothing supply chain. The manufacturer is...
Northwest Tidal All About Heavy Lifting
Heavy Industrial Marine Company Eyes Adding Construction Industry Customers NANAIMO – Northwest Tidal wants to give all companies a lift. From land based civil engineered projects to heavy marine...
Concrete Pump Program Huge Success For BCCSA
BC Construction Safety Alliance Works to Keep Workers Safe BRITISH COLUMBIA - A Certified Concrete Pump Operator (CCPO) Program launched four years ago has been a major success for the BC...
BCCPA: Unlocking Business Potential Through Operational Efficiency
BRITISH COLUMBIA - Planning for business success is challenging in today’s economy due to factors such as high interest rates, rising inflation, widespread labour shortages, and fears of a looming...
Great Little Box Company Thinking Inside the Box
Making Corrugated Boxes of Every Size for Customers Since 1982 BRITISH COLUMBIA – Thinking inside the box is what the Great Little Box Company/Ideon Packaging (GLBC) does best. Big, little and...
June Capital Region Commerical Real Estate Report
By Mike Kozakowski of Citified.ca ESQUIMALT Victoria-based developer Lapis Homes is moving forward with a revised residential complex formerly denied by Esquimalt council over...