OTTAWA - Yesterday, the federal government shared new details on the Canadian Entrepreneurs’ Incentive (CEI) - measure that was proposed in the budget to offset some of the negative impact of the...
victoria BUSINESS NEWS
TRANS MOUNTAIN BOTTLENECKS SQUEEZED $1.5B FROM BC LOWER MAINLAND RESIDENTS
High Fuel Prices Related to Lack of Pipeline Infrastructure BRITISH COLUMBIA – Over the last decade invisible pipeline bottlenecks cost British Columbians big time – squeezing BC Lower Mainland...
BCREA: HOME SALES UP SLIGHTLY ON BANK OF CANADA RATE CUTS
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that 6,943 residential unit sales were recorded in Multiple Listing Service® (MLS®) Systems in July 2024, a 2 per cent...
BEVIC: MOVERS & SHAKERS VICTORIA AUGUST 13, 2024 – SOUTH VANCOUVER ISLAND
News Impacting Southern Vancouver Island Business VICTORIA - Jessica Berglund has been named the next chief civilian director of the Independent Investigations Office of British Columbia. Sandra...
UNITED WAY SOUTHERN VANCOUVER ISLAND CONGRATULATES LOCAL WORKPLACES FOR FUNDRAISING CAMPAIGN SUCCESSES
VICTORIA– The United Way Southern Vancouver Island (UWSVI) congratulated the many local workplaces that ran campaigns for United Way in 2023-24, celebrating some of the most noteworthy as 2024...
COLWOOD PLANS TO MEET HOUSING TARGETS AND INFRASTRUCTURE NEEDS
COLWOOD - The City of Colwood has reported that it is on track to meet the Provinces mandated target of 940 new housing units within the next five years according to current residential construction...
CRD DISTRIBUTES OVER $2.7 MILLION IN ARTS FUNDING
VICTORIA - This year, the Capital Regional District (CRD) Arts & Culture Support Service (Arts Service) has awarded 101 grants totalling $2,738,370 to support local not-for-profit arts...
REFORESTATION HAMPERED BY UNCERTAINTY
BRITISH COLUMBIA - Last year alone, nearly three million hectares of forests were burned in BC wildfires – areas that must be replanted to support important ecosystems, sustain wildlife and critical...
ICBA ECONOMICS: WHICH INDUSTRIES DRIVE ECONOMIC GROWTH IN B.C.?
By Jock Finlayson, ICBA Chief Economist BRITISH COLUMBIA - Preliminary estimates from Statistics Canada show that B.C.’s economy grew by a modest 1.6% after inflation in 2023, down sharply from...
CONTRACT AWARDED FOR CFB ESQUIMALT MILITARY ACCOMMODATIONS FACILITY
VICTORIA - The Federal Government announced that the new 480-room accommodations facility design work contract at CFB Esquimalt was awarded to Ellis Don Corporation in the amount of $10.1 million....
BEBC: MOVERS & SHAKERS AUGUST 9, 2024 – BRITISH COLUMBIA
News Influencing Decision Makers in BC Alison Dantas, CEO of the Elizabeth Fry Society of Greater Vancouver, has been elected to represent Vancouver Island on the board of the Federation of...
THE BC CONSTRUCTION INDUSTRY – JULY BCCA BRIEFING
BRITISH COLUMBIA - Summer is in full swing but at the BC Construction Association (BCCA) we also have our eyes on the fall, with the coming Provincial election in October, ensuring we communicate...
SUPERNOVAS AID IDEON TECHNOLOGIES IN MINING QUEST
RICHMOND – Clean energy and green futures cannot be reached without first embracing the mining industry. At least, that’s what Gary Agnew, CEO and Co-Founder of mining technology company Ideon...
BOEING INVESTMENT LANDS AT COTA AVIATION
PARKSVILLE – Indigenous-owned aerospace and defence company COTA Aviation is receiving $13 million for Indigenous skills training and equipment to increase component production, as part of Boeing’s...
FCC ANALYSIS: BIOFUEL EXPANSION PROMISING FOR CANADIAN PRODUCERS AND CONSUMERS
OTTAWA – As Canadians fill up their fuel tanks this summer, they are also powering a growing biofuel sector. According to Farm Credit Canada (FCC), Canada’s oilseed producers are set to benefit from...
NIC RECEIVES FUNDING TO HELP EXPAND SEAWEED INDUSTRY
CAMPBELL RIVER - North Island College (NIC) has received Provincial funding for an innovative seaweed industry pilot project. Led by North Island College and its Centre for Applied Research,...