VICTORIA – The ASSA ABLOY GROUP subsidiary, ABLOY Canada, has announced it has reached an agreement to purchase Vigil Health Solutions Inc., a Victoria-based proprietary technology company, for...
victoria BUSINESS NEWS
BCREA Explores Possible Scenarios of Rising Interest Rate
BRITISH COLUMBIA - The number of home sales in British Columbia is expected to fall and home price growth will moderate because of rising interest rates according to a new report from the British...
Dine Around & Stay in Town Victoria 2022
VICTORIA – Destination Greater Victoria, The BC Hospitality Foundation and BC Restaurant and Food Services Association – Victoria Chapter are launching a lottery as part of Dine Around & Stay in...
Inflation Runs Ahead Of Target Rate
BRITISH COLUMBIA - Canadian prices, as measured by the Consumer Price Index (CPI), rose 4.8 per cent on a year-over-year basis in December, up from 4.7 per cent in November. On a month-over-month...
$3 Million Grant For Indigenous BC Tourism Operators
Applications Have Opened For Relief Grants Up To $20,000 Supporting Indigenous Tourism Operators BRITISH COLUMBIA - Indigenous Tourism BC (ITBC), in partnership with the Ministry of Tourism, Arts,...
86% Of Middle-Class Families Face Higher Federal Personal Income Tax Burden
BRITISH COLUMBIA - Contrary to rhetoric from Ottawa, the vast majority of middle-class Canadian families pay higher federal personal income taxes due to tax changes made by the federal government,...
Investors Added To Group That Owns Harbourcats, Nightowls
VICTORIA-NANAIMO - There is strength in numbers, and the group that owns the Island's top level baseball programs has grown. The group that owns two West Coast League teams and a Canadian College...
From The Trenches Podcast: Advocating For BC Construction Companies
Episode Summary Welcome to episode 53 of the Business Examiner News Group's From the trenches podcast. Chris Atchison, President & CEO of the BC Construction Association, joins host John...
Langford Wants Concrete With Less Carbon Emissions
LANGFORD – Want to build in Langford? Be prepared to use concrete designed to reduce carbon emissions. Starting June 1, 2022, for any projects that use more than 50 cubic metres of concrete must use...
Why Canadians Resist Health Care Reforms
OTTAWA - Despite evidence to the contrary, many Canadians still cling to the myth that our health care system is among the world’s fairest and most effective. However, with the COVID-19 pandemic...
Record Number of New Homes Registered
VICTORIA – A total of 53,189 new homes were registered in BC in 2021, the highest annual total since BC Housing began collecting the data in 2002. Registered new homes is data that is collected...
Starlight Buys Washington Ave. Apartments
VICTORIA – Starlight Investments has acquired a 22-unit apartment building at 2902 Washington Avenue in Victoria. “We are pleased to further expand our presence in this vibrant and stable market,”...
Canadian Property Supply Hits All Time Low
Canadian Home Buyers Face Record Listings Shortage To Begin 2022 OTTAWA - Statistics released by the Canadian Real Estate Association (CREA) show national home sales remained historically high...
Support For Some BC Hotels, Commercial Recreation Businesses
BRITISH COLUMBIA – Eligible accommodation providers and tourism operators holding tenure and BC Parks permits will now have access to grants to alleviate fixed-cost pressures caused by the COVID-19...
BC Drops To Second in U-Haul Growth Index
BRITISH COLUMBIA – British Columbia dropped to second spot in the U-Haul Growth Index in 2021 behind Alberta, dropping one position from leading the provinces in 2020. Alberta posted a 33 per cent...
Shaw Announces First Quarter Growth
VICTORIA – Shaw Communications Inc. released its financial results for the first quarter of fiscal 2022 that shows free cash flow increasing to $236 million and EBITDA growth of 4.3 percent. On a...