VICTORIA - A total of 661 properties sold in the Victoria Real Estate Board region this June, 6.2 per cent fewer than the 705 properties sold in June 2023 and a 13.4 per cent decrease from May 2024....
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victoria BUSINESS NEWS
CONSTRUCTION BEGINS ON NEW ISLAND CLASS VESSELS
VICTORIA – BC Ferries passengers to and from the Island are now one step closer to being served by the new Island Class vessels, as construction has officially started on the first two of the four...
CAMOSUN COLLEGE AWARDED $600K IN APPLIED-RESEARCH GRANTS
VICTORIA – Camosun College is one of only three institutions in Canada to be awarded three Applied Research Tools and Instruments (ARTI) grants to support local industry innovation and equip...
PENDRAY TEA HOUSE ACHIEVES ‘THE PLEDGE ON FOOD WASTE’ CERTIFICATION
VICTORIA - Pendray Inn and Tea House, a boutique establishment known for its historic charm, daily breakfast offerings, and traditional afternoon tea service, has announced its historic achievement...
BCREA: JUNE HOUSING STARTS
BRITISH COLUMBIA - Canadian housing starts fell 9 per cent to 241,672 units in June at a seasonally adjusted annual rate (SAAR). Starts were down 14 per cent from the same month last year....
DISTRICT OF SOOKE INTRODUCES ENHANCED PARKS FINDER MAP
SOOKE - The District of Sooke has launched an updated Parks Finder Map to simplify exploring Sooke’s 72 parks! This digital map offers easy navigation, letting residents easily find amenities and...
IRON & WOOD OFFERS FORE – NO 10 – OPTIONS FOR VIRTUAL SPORTS
By Mark MacDonald SAANICH – When people play at PGA Professional Derek Orr’s golf course, there’s no wind, rain or scorching sunshine. That’s because his Iron & Wood Golf Simulators is an indoor...
MOVERS & SHAKERS VICTORIA FOR JULY 16, 2024
News Impacting Southern Vancouver Island Business VICTORIA Terry Gunning has been appointed as the new board head of the South Island Prosperity Partnership. Carrie Koperski joined Mathews Dinsdale...
LARGEST GROUP OF FARMWORKERS IN CANADIAN HISTORY JOIN UNION UFCW 1518
LANGLEY - Nearly 400 workers at five Highline Mushrooms farms in British Columbia have joined United Food and Commercial Workers 1518. On July 8, the B.C. labour board certified the latest group of...
MNP AND SIX LEADING AGRONOMY COMPANIES JOIN FORCES
BRITISH COLUMBIA – Professional Services firm, MNP, has announced that it will join forces with six leading agronomy companies (4R Agronomy, Annex Agro, Arrow Crop Management, Elite Ag, Max Ag...
BCREA: HOME SALES CONTINUE BELOW AVERAGE PACE FOR JUNE
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that 7,082 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in June 2024, a 19 per...
CPABC: HOUSING AFFORDABILITY A MAJOR CHALLENGE TO BUSINESS SUCCESS IN B.C.
BRITISH COLUMBIA - According to BC Check-Up: Live, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on demographic and affordability trends across the province,...
SOUTH ISLAND PROSPERITY PARTNERSHIP ANNOUNCES NEW BOARD
VICTORIA - South Island Prosperity Partnership (SIPP), Greater Victoria’s economic development alliance, is pleased to welcome our new chair, four new directors and nine returning directors to our...
VICTORIA FOUNDATION DISTRIBUTES $6.194 MILLION
VICTORIA – A record amount of funding is being distributed through the Vital Stream of the Victoria Foundation’s Community Grants Program, with just over $6.194 million supporting 252 organizations...
ICBA ECONOMICS: MID-YEAR UPDATE
By Jock Finlayson, ICBA Chief Economist BRITISH COLUMBIA - Economic developments have unfolded largely as we predicted in our end-of-2023 outlook and 2024 forecast. Global economic conditions remain...
$6M RENO FOR HOTEL ZED VICTORIA COMPLETED
VICTORIA – Hotel Zed Victoria is moving into the future with a retroactive 1970’s design. The flagship property of the nine-property B.C. hospitality chain has completed a $6 million renovation to...