SIDNEY - Commercial properties in the Town of Sidney will be shouldering less of the community’s tax burden as a result of a new and unique approach to taxation approved by Sidney’s Council on April...
victoria BUSINESS NEWS
Victoria Affordable Housing Fast Tracked
VICTORIA - Victoria City Council has unanimously passed new legislation to accelerate construction of new affordable housing in the City, following a public hearing on April 14. Projects by...
BC Housing Starts Trending Lower in March
BRITISH COLUMBIA - According to a recent report from the British Columbia Real Estate Association, Canadian housing starts fell by 4.0k (-1.6 per cent) to 246.2k units in March at a...
Butler Concrete Collaborates With Empire Hydrogen
VICTORIA - Located in the rapidly developing area of Vancouver Island, Butler Concrete and Aggregate Ltd. (Butler) has implemented a hydrogen and oxygen fuel enhancement system to their fleet of...
Langford Sets High Standard For Building, Development Permits
LANGFORD – Building permits in two days? Development permits in two weeks? Welcome to Langford, where the city’s building department has earned a reputation for being fair to deal with and fast to...
U.S. Purchase Helps Bast Fibre Technologies Expand Hemp-Based Product Offerings
VICTORIA – Bast Fibre Technologies Inc. (BFT), a manufacturer of premium natural fibres located in the Vancouver Island Tech Park, completed its purchase of Lumberton Cellulose LLC in North Carolina...
San Group Buying Acorn Forest Products Sawmill
PORT ALBERNI - San Group has entered into a definitive agreement to buy Acorn Forest Products Ltd. in Delta, a wholly owned subsidiary of Interfor Corporation. The deal, announced April 12, will see...
BC Land Matching Program Reaches New Milestone
BRITISH COLUMBIA - The BC Land Matching Program (BCLMP) delivered by Young Agrarians has achieved more than 200 matches, bringing farmers and landholders together to strengthen the province’s food...
BCREA: Bank of Canada Begins Quantitative Tightening
OTTAWA - The Bank of Canada raised its overnight policy rate by 0.5 per cent to 1 per cent. This was the first rate increase of more than 0.25 per cent since May 2000. The Bank will also begin so...
Energy Security Cannot Be Forgotten In The Global Energy Transition
OTTAWA - While achieving greater energy efficiencies and reducing green house emissions sound reasonable, we need to examine how these goals will be accomplished and the consequences of doing so....
Music BC Launches Accelerator Program
Giving More Recording Artists An Opportunity To Shine BRITISH COLUMBIA – Music BC, the voice of British Columbia’s music industry, announced the creation of an accelerator program that will advance...
Entrepreneur Keeps Turning Managers Into Leaders
VICTORIA – Turning Managers Into Leaders. The name says it all for CEO and Founder Merge Gupta-Sunderji, who founded the company in 2002 in Toronto and recently moved it to Victoria from Calgary....
Daily Briefing: 12.04.2022
News Impacting Business In British Columbia BC Housing Markets Strong First Quarter BRITISH COLUMBIA - The British Columbia Real Estate Association (BCREA) reports that a total of 11,463...
Daily Briefing: 11.04.2022
News Impacting Business In British Columbia 2022 Federal Budget Impact on BC Real Estate BRITISH COLUMBIA - Budget 2022 was introduced on April 7 with a significant focus on the supply and...
Daily Briefing: 08.04.2022
News Impacting Business In British Columbia Joint Statement on the Introduction of Bill 10 and Union Certification BRITISH COLUMBIA - The following associations are surprised by the...
Daily Briefing: 07.04.2022
News Impacting Business In British Columbia Nature’s Path Food Co-founders Honoured VICTORIA - Nature’s Path Food co-founders and organic food visionaries Ratana and Arran Stephens are the...