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,...
victoria BUSINESS NEWS
VICTORIA CHAMBER: SURVEY SAYS! INSIGHT HELPS REMIND US TO FOCUS ON OUR CUSTOMERS
VICTORIA – This summer feels like a turning point for businesses that have been challenged by the uncertainty in our economy. According to the Bank of Canada’s July Business Outlook Survey, there’s...
ICBA ECONOMICS: A MIX OF CANADIAN CONSTRUCTION INDUSTRY STATISTICS
By Jock Finlayson, ICBA Chief Economist BRITISH COLUMBIA - Construction is a big and unusually visible segment of our economy, one that in some of the industry’s busiest years accounts for more than...
MOVERS & SHAKERS VICTORIA FOR AUGUST 6, 2024
News Impacting Southern Vancouver Island Business VICTORIA Paul Merrien, VP of Business Development and a member of the ownership team, celebrated his 15th anniversary with Proline Management Ltd....
DESTINATION GREATER VICTORIA GOES FOR THE GOLD IN UK TRAVEL MARKET
VICTORIA - Like most Canadians, all of us at Destination Greater Victoria (DGV) are eagerly cheering on Canada’s team at the Paris Olympics this month. As an organization that competes against city...
EDITORIAL: TRUDEAU’S CARBON TAX FORCEFULLY LINKS THE ECONOMY TO CLIMATE CHANGE
BRITISH COLUMBIA - Prior to Justin Trudeau becoming Prime Minister of Canada, he proclaimed that Canada’s economy is intricately linked to climate change. Or as some others call it: The weather....
WESTSHORE CHAMBER: SUPPORTING WOMEN IN BUSINESS
WESTSHORE - The WestShore Chamber of Commerce is delighted to be offering a brand-new program for women who have been in business three or more years, building on the success of a comparable program...
BCREA: BC GOVERNMENT RESPONDS TO INDUSTRY FEEDBACK ON RESIDENTIAL TENANCY ACT CHANGES
BRITISH COLUMBIA - In the immediate wake of publicly voiced concern from the BC Real Estate Association (BCREA), the BC Government has reversed course on two recent changes to the Residential...
VRBA ANNOUNCES 2024 CARE AWARDS FINALISTS
VICTORIA – Finalists for the 2024 Construction Achievements and Renovations of Excellence (CARE) Awards of Vancouver Island were announced today by the Victoria Residential Builders Association...
VICTORIA REAL ESTATE MARKET REMAINS STEADY
VICTORIA - A total of 650 properties sold in the Victoria Real Estate Board region this July, 9.2 per cent more than the 595 properties sold in July 2023 and a 1.7 per cent decrease from June 2024....
CPABC: VANCOUVER ISLAND LOSES RESIDENTS TO OTHER PROVINCES, CONSISTENT WITH THE PROVINCIAL TREND
VANCOUVER ISLAND - 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...
STATS CAN RELEASES SURVEY OF INNOVATION & BUSINESS STRATEGY 2022 RESULTS
OTTAWA - Statistics Canada recently released the results of the Innovation and Business Strategy survey, 2022. Innovation activities encompass all developmental, financial, and commercial efforts...
THE VERDICT ON VACANT HOME TAXES
OTTAWA – The verdict is in: Vacant home taxes can improve housing availability, but not affordability, according to a new C.D. Howe Institute report. In “Ripple Effects: The Impact of an Empty-Homes...
CAPITAL GAINS TAX HIKE: LESS REVENUE THAN ANTICIPATED, AT THE EXPENSE OF ENTREPRENEURS AND THE MIDDLE CLASS
OTTAWA – The increase in the capital gains inclusion rate will bring in less money for Ottawa than the government had projected, points out a researcher at the Montreal Economic Institute in...
OPINION: IT’S TIME TO FIND A PIN AND POP OTTAWA’S BALLOONING BUREAUCRACY
Trudeau Has Added Over 108,000 Bureaucrats To The Federal Payroll Since Becoming Prime Minister OTTAWA - Bureaucrats love to think of themselves as “public servants,” but who is really serving who...
BCREA: MAY ECONOMIC GROWTH DRIVEN BY GOODS PRODUCING INDUSTRIES
BRITISH COLUMBIA - Canadian real GDP grew 0.2 per cent in May, following a 0.3 per cent increase in April according to a report released by the BC Real Estate Association. The growth was driven by...