BRITISH COLUMBIA - Hillcore has announces that they have completed the acquisition of control of Ruskin Construction Ltd. Ruskin began building log crib bridges for the Forestry industry. Since...
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victoria BUSINESS NEWS
Trio Of Island Firms Receive Grants From BC Manufacturing Jobs Fund
MILL BAY – Kinsol Timber Systems will receive up to $500,000 to build a pre-fabrication facility at their Mill Bay mass-timber production facility through the $180 million BC Manufacturing Jobs...
Communication Connection Hits 30 Year Milestone
Nanaimo-Based Company Refining the Communication Products and Services it Offers NANAIMO – As Communication Connection celebrates its 30th year in business in 2023, the central Vancouver Island...
Green Economy Now Makes Cents
Besides the Obvious Environmental Benefits, Green Firms Now See Profitability as an Added Attraction VICTORIA - Before environmental issues became front and centre, there wasn’t much of a business...
Cedar Coast Heating & Mechanical Ltd: Heating Craftsmen and Heating Contractors
LANGFORD – Pay attention to the thermostat - You have the power. Is one of the key tips that Summer Fragomeni-Hay and her team at Cedar Coast Heating & Mechanical Inc. tells customers, as it not...
BCREA: June 2023 Inflation Report
BRITISH COLUMBIA - Canadian prices, as measured by the Consumer Price Index (CPI), rose 2.8 per cent on a year-over-year basis in June, down from 3.4 per cent in May. While declines occurred in...
Canadian Home Sales Showing Signs of Stabilization in June
OTTAWA - Statistics released today by the Canadian Real Estate Association (CREA) show national home sales edged up slightly on a month-over-month basis in June 2023. Highlights: Monthly home sales...
Canada’s Per-Person GDP Growing at Slowest Rate Since the Great Depression
OTTAWA — Canada’s per-person GDP is growing at its slowest rate since the 1930s and the Great Depression, finds a new study published today by the Fraser Institute, an independent, non-partisan...
Camosun College Ignites Innovation With $1.75M Grant
VICTORIA – Camosun College announced the renewal of its Technology Access Centre (TAC) grant in Advanced Manufacturing Research with a significant $1.75 million funding boost. The grant, funded by...
BC Makes Over $4-Million Mass-Timber Investments For New Demonstration Projects
BRITISH COLUMBIA – The Government of British Columbia is providing more than $4 million for 12 new mass-timber demonstration and research projects, which builds on BC’s global leadership in this...
June BC Residential Sales Outperform Expectations
BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that a total of 8,740 residential unit sales were recorded in Multiple Listing Service® (MLS®) systems in June 2023,...
Bank of Canada Raises Policy Rate 25 Basis Points
OTTAWA - The Bank of Canada today increased its target for the overnight rate to 5 per cent, with the Bank Rate at 5¼ per cent and the deposit rate at 5 per cent. The Bank is also continuing its...
Coastal Heat Pumps Expands to Cowichan Valley
Sidney-Based Home and Office Comfort Service Firm Continues to Expand VICTORIA – Family-owned and operated Coastal Heat Pumps is now bringing their home and office comfort services to the Cowichan...
Victoria Real Estate Market Sees a Strong Spring
VICTORIA - A total of 705 properties sold in the Victoria Real Estate Board region this June, 15.2 per cent more than the 612 properties sold in June 2022 and a 9 per cent decrease from May 2023....
You Have a Vision — Sticky Business Will Make it Stick
VICTORIA – One thing that remains nearly unchanged in the business world is the need to stand out. For consumer goods, the most obvious way to do that has been to slap a label on your product. Even...
Canada Welcomed More Than 32,000 Tech Workers Over the Past 12 Months
BRITISH COLUMBA - The Technology Councils of North America (TECNA) and Canada's Tech Network (CTN) released "Tech Workforce Trends: The Migration of Tech Workers and Tech Jobs Since The Pandemic,"...