COLWOOD —The five municipalities that own the lands at West Shore Parks & Recreation (WSPR) have announced their combined contribution of $459,600 to help build a 13,0000 sq/ft skatepark on the...
victoria BUSINESS NEWS
Bast Fibre Technologies Secures Strategic Investment
Investment Will Create The World's Largest Specialty Hemp Fibre Processing And Purification Company VICTORIA - Bast Fibre Technologies Inc. (BFT), the makers of sero™ hemp fibre, announced that it...
September 2022 Labour Force Survey Highlights
CANADA - Canada’s September Labour Force Survey Results showed that little change in national employment. According to results, the unemployment rate fell 0.2 percentage points to 5.2 per cent as...
BC Residential Sales Show Significant Decrease
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that a total of 4,977 residential unit sales were recorded by the Multiple Listing Service (MLS) in September 2022, a...
YVR App Allows Travellers to Reserve Security Screening Place
BRITISH COLUMBIA - Vancouver International Airport (YVR) introduced YVR EXPRESS, a new program that allows travellers to reserve a spot at the security checkpoint ahead of their flight. The express...
Sustainable and Effective Construction Practices
Using available resources judiciously is an important consideration when renovating or doing new construction. Sustainable construction practices are environmentally responsible and resource...
Most New Canadian Jobs Are In The Public Sector, Not Private
BRITISH COLUMBIA - How is the Canadian economy doing? It depends on whom you ask. Federal and provincial governments release statistics that portray booming business across the land (almost), with...
Redevelopment to Modernize Belleville Terminal
VICTORIA - Belleville Terminal has served as Victoria’s marine gateway to Washington state since 1924. People can participate online from Sept. 20 to Oct. 20, 2022, by viewing the project boards and...
Canada’s Housing Supply Shortage: Skilled Labour Capacity
OTTAWA - In June 2022, Canada Mortgage and Housing Corporation (CMHC) released Canada's Housing Supply Shortages: Estimating what is needed to solve Canada's housing affordability crisis by 2030...
Second Quarter Shows Victoria Continues Economic Recovery
VICTORIA - The City of Victoria’s second quarter data shows many key business indicators are well above 2021 and some are on par or above pre-pandemic levels. The data shows that actions set out in...
Potential Tax Relief for BC Small Businesses, Non-Profits
BRITISH COLUMBIA – Small businesses and non-profit organizations paying high property taxes because of future development potential may see some financial relief through new municipal property tax...
Province Allowing Non-Medical Cannabis Sales From Cultivation Sites
BRITISH COLUMBIA – The Province is introducing a new cannabis retail licence that will allow eligible federally licensed cannabis producers to sell non-medical cannabis products from stores located...
Trudeau Shouldn’t be Raising Payroll Taxes
Payroll Taxes Have Increased Three Times Since the Beginning of the Pandemic CANADA - Political pundits are twisting themselves into pretzels arguing mandatory Canada Pension Plan and Employment...
Canadian GDP Shows Slight Upswing in July
BRITISH COLUMBIA – According to a recent report from the British Columbia Real Estate Association, the Canadian GDP edged up by 0.1 per cent in July, following a similar increase in June. Growth in...
BDC Announces Major Investment for Women
CANADA – BDC has announced the launch of its $500 million Thrive Venture Fund and Lab for Women. Building on the success of BDC Capital’s Women in Technology (WIT) Venture Fund, launched in...
WestJet Group Inks Deal with Boeing
CANADA - The WestJet Group announced an agreement with Boeing to purchase an additional 42 MAX aircraft, along with options for 22 more. This order is in addition to WestJet's remaining 23 MAX...