VICTORIA - The findings of the annual BC Construction Association (BCCA) Industry Survey expose the operational stresses facing construction employers across BC. The results, taken from over 1,300...
victoria BUSINESS NEWS
TLA: U.S. Lumber Market Stalled; High-Cost Producers Beware
As seen in Truck Logger BC: Spring 2023 BRITISH COLUMBIA - As we moved into March 2023, there were still many headwinds facing BC's sawmilling industry. Mill curtailments, both in lumber and pulp,...
BC Markets Showing Signs of Recovery But Supply Scarce
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that a total of 7,118 residential unit sales were recorded in Multiple Listing Service (MLS) systems in March 2023, a...
Local Group Buys Stones Companies On Waterfont
Stones Boatyard & Charter/Sailing School Bought By Tony and Mike Harris, Ken Schley and Andrew Babuin NANAIMO – Stones Boatyard and The Marine Store Chandlery, together with Nanaimo Yacht...
BCREA: Bank of Canada Interest Rate Announcement
BRITISH COLUMBIA - The Bank of Canada maintained its overnight rate at 4.5 per cent this morning. In the statement accompanying the decision the Bank noted that demand in Canada still exceeds supply...
COAST Hires Jason Goldsworthy to Grow Next Phase
VICTORIA - The Centre for Ocean Applied Sustainable Technologies (COAST) announced Jason Goldsworthy has joined its team as Executive Director. As an experienced leader with a background in ocean...
Victoria’s PRT Growing Services Acquires U.S. Company
VICTORIA - PRT Growing Services Ltd. announced its recent acquisition of U.S. based International Forest Company, which accelerates the company’s growth and establishes PRT as North America’s...
TLA: A Hollow Paradigm Shift?
BRITISH COLUMBIA - Over the last few months, the BC forest sector has increasingly been the beneficiary of broad proclamations by many who work outside of the sector about an upcoming "paradigm...
Victoria Harbour Authority Gets Clean Energy Funding
VICTORIA - The Province is providing $9 million to the Greater Victoria Harbour Authority to plan and install infrastructure at Ogden Point, allowing cruise ships to access clean hydroelectricity at...
Harris Green Village Community Development Gets Go Ahead
VICTORIA - Starlight Investments has received approval to move forward with its masterplan and first phase of development at Harris Green Village, located in Victoria, BC. Planning and public...
Brechin United Church Wins VIREB Commercial Building Awards
45 Buildings Celebrated At 16th Annual Celebration of Vancouver Island’s Best NANAIMO – Brechin United Church of Nanaimo was named the Judges’ Choice Best Overall winner in the 16th Annual Vancouver...
Canadian Employment Rose Slightly in March
BRITISH COLUMBIA - The March 2023 BC Real Estate Association employment report showed Canadian employment rose slightly to 20.08 million in March, up by 35,000 (0.2 per cent). The Canadian...
Applications Are Now Open for the 2023 New Ventures BC Competition
BRITISH COLUMBIA - The 2023 New Ventures BC Competition, presented by Innovate BC, is officially underway. Innovative startups from across British Columbia are encouraged to apply for the province’s...
BC Chamber of Commerce Statement on Minimum Wage Increase
BRITISH COLUMBIA - In response to the provincial government’s announcement to increase the minimum wage by 6.9 per cent, Fiona Famulak, President and CEO of the BC Chamber of Commerce, released the...
CPABC: Why are Young Canadians Experiencing Online Fraud the Most?
By Vince Kanasoot Young Canadians are now at the most risk of falling victim to fraud, according to the CPA Canada 2023 Annual Fraud Survey. This study suggests that the increasing sophistication of...
COAST and Open Ocean Robotics Receive Significant Funding Boost from Province
VICTORIA – The Province has announced that seven projects have received a total of $7 million from the Innovative Clean Energy (ICE) Fund, two of which will support the ocean-based economy....