Business

Sooke Mayor Maja Tait, outgoing president of the Union of B.C. Municipalities, speaks to the video-conference session on member resolutions for the provincial government, Victoria, Sept. 23, 2020. (UBCM)

‘Show us the money’ for cannabis, local governments tell B.C.

Municipal tax, transit revenues falling as costs rise

Sooke Mayor Maja Tait, outgoing president of the Union of B.C. Municipalities, speaks to the video-conference session on member resolutions for the provincial government, Victoria, Sept. 23, 2020. (UBCM)
People wear costumes at a house decorated for Halloween in Walschleben near Erfurt, Germany, Thursday, Oct. 31, 2019. THE CANADIAN PRESS/AP/Jens Meyer

With trick-or-treating in doubt, experts say Halloween sales could be weak

Halloween sales could also serve as an indicator for what retailers might expect this Christmas

People wear costumes at a house decorated for Halloween in Walschleben near Erfurt, Germany, Thursday, Oct. 31, 2019. THE CANADIAN PRESS/AP/Jens Meyer
B.C. Liberal leader Andrew Wilkinson speaks to Union of B.C. Municipalities delegates by video conference, Victoria, Sept. 23, 2020. (UBCM)

People ‘disgusted’ by COVID-19 election call, B.C. Liberal leader says

Andrew Wilkinson speaks to municipal leaders from Victoria

B.C. Liberal leader Andrew Wilkinson speaks to Union of B.C. Municipalities delegates by video conference, Victoria, Sept. 23, 2020. (UBCM)
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Five things to watch for in the Canadian business world, week of April 15th
Five things to watch for in Canadian business, the week of Oct 15th
Low-cost airline Swoop launches in Canada
Morneau: Feds would back new Trans Mountain investors
The Ottawa headquarters of Canadian e-commerce company Shopify are pictured on Wednesday, May 29, 2019. THE CANADIAN PRESS/Justin Tang

Shopify says two ‘rogue’ employees involved in data breach to obtain customer records

Shopify says it doesn’t have evidence at this point in the investigation that the data was used

The Ottawa headquarters of Canadian e-commerce company Shopify are pictured on Wednesday, May 29, 2019. THE CANADIAN PRESS/Justin Tang
Investing in the busy real estate market of southern Vancouver Island and surrounding areas. New listings and sold signs can be seen around Victoria, B.C., on June 1, 2018. THE CANADIAN PRESS/Chad Hipolito

Housing market ‘moderately’ vulnerable amid potential overvaluation of homes: CMHC

CMHC says there was a ‘moderate degree of vulnerability’ in the housing market as of the end of June

Investing in the busy real estate market of southern Vancouver Island and surrounding areas. New listings and sold signs can be seen around Victoria, B.C., on June 1, 2018. THE CANADIAN PRESS/Chad Hipolito
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Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Join Black Press Media and Do Some Good
Kennedy Lake is a popular spot for tourists and locals alike, but more resources are needed to make sure those visiting the area are respecting their surroundings. (Westerly file photo)

Tofino-area First Nation considering closing doors to visitors again

Swamped with tourists, scared of COVID-19, Tla-o-qui-aht First Nation says more support needed

Kennedy Lake is a popular spot for tourists and locals alike, but more resources are needed to make sure those visiting the area are respecting their surroundings. (Westerly file photo)
Mother daughter team Juanita and Kara Erickson sit on a memorial bench at their new food-to-go location on Cherry Creek Road. The bench is dedicated to Juanita’s parents. (TERESA BIRD/ Alberni Valley News)

BIZ BEAT: New options for eating in Port Alberni

See what’s happening in the Port Alberni business community

  • Sep 16, 2020
Mother daughter team Juanita and Kara Erickson sit on a memorial bench at their new food-to-go location on Cherry Creek Road. The bench is dedicated to Juanita’s parents. (TERESA BIRD/ Alberni Valley News)
A WestJet flight from Calgary arrives at Halifax Stanfield International Airport in Enfield, N.S., Monday, July 6, 2020. WestJet Airlines Ltd. is now offering refunds to customers with European flights that it cancelled due to the COVID-19 pandemic. THE CANADIAN PRESS/Andrew Vaughan

WestJet offers refunds to passengers with cancelled European flights

WestJet is contacting guests with eligible flights who had already accepted travel credit

A WestJet flight from Calgary arrives at Halifax Stanfield International Airport in Enfield, N.S., Monday, July 6, 2020. WestJet Airlines Ltd. is now offering refunds to customers with European flights that it cancelled due to the COVID-19 pandemic. THE CANADIAN PRESS/Andrew Vaughan
Statistics Canada building and signs are pictured in Ottawa on Wednesday, July 3, 2019. Statistics Canada will reveal today how the country’s official measure of inflation fared in August with expectations for another month of near-zero readings. THE CANADIAN PRESS/Sean Kilpatrick

Consumer price index in August hits 0.1 per cent, Statistics Canada says

The average economist estimate had been for a year-over-year increase of 0.4 per cent for August

Statistics Canada building and signs are pictured in Ottawa on Wednesday, July 3, 2019. Statistics Canada will reveal today how the country’s official measure of inflation fared in August with expectations for another month of near-zero readings. THE CANADIAN PRESS/Sean Kilpatrick
The outside of a Mountain Equipment Co-Op is seen in North Vancouver, Monday, Dec. 9, 2017. Mountain Equipment Co-op says its board of directors has unanimously approved a deal in which Kingswood Capital Management will acquire MEC’s assets, including the majority of its retail stores. THE CANADIAN PRESS/Jonathan Hayward

Mountain Equipment Co-op to be sold to private corporation

Vancouver-based MEC transition is from co-operative structure to a subsidiary of Kingswood Capital Management

The outside of a Mountain Equipment Co-Op is seen in North Vancouver, Monday, Dec. 9, 2017. Mountain Equipment Co-op says its board of directors has unanimously approved a deal in which Kingswood Capital Management will acquire MEC’s assets, including the majority of its retail stores. THE CANADIAN PRESS/Jonathan Hayward
B.C.’s forests ministry has accepted recommendations to defer logging in nine old-growth forest regions of the province. (B.C. government)

B.C. suspends some old-growth logging, consults communities

‘Deferral areas’ total 3,350 square km of forest

B.C.’s forests ministry has accepted recommendations to defer logging in nine old-growth forest regions of the province. (B.C. government)
B.C. Auditor General Michael Pickup was appointed in April 2020, after serving as auditor for Nova Scotia. (Auditor General of B.C.)

B.C. businesses owe $6.2 billion in deferred provincial tax payments

Student loan repayment, hotel tax among bills due in September

B.C. Auditor General Michael Pickup was appointed in April 2020, after serving as auditor for Nova Scotia. (Auditor General of B.C.)
Russell Farm Market is open again at long last. (Photo by Don Bodger)

Island market finally reopens more than seven months after extreme flood

COVID situation lengthened an already long renovation process

Russell Farm Market is open again at long last. (Photo by Don Bodger)
B.C. Finance Minister Carole James updates B.C.’s employment situation under COVID-19 restrictions, B.C. legislature, July 10, 2020. (B.C. government)

B.C. deficit forecast $12.8 billion after first three months of COVID-19

Taxes, resource revenues fell less than expected in pandemic

B.C. Finance Minister Carole James updates B.C.’s employment situation under COVID-19 restrictions, B.C. legislature, July 10, 2020. (B.C. government)
Construction of mixed residential and commercial development, Victoria B.C., May 2019. (Tom Fletcher/Black Press)

B.C.’s post-pandemic economy to recover in 2022, economists say

Central 1 Credit Union analyzes impact of COVID-19

Construction of mixed residential and commercial development, Victoria B.C., May 2019. (Tom Fletcher/Black Press)
A woman walks past the Bank of Canada building, in Ottawa, Wednesday, Sept. 6, 2017. The Bank of Canada will say this morning what it will do with its key interest rate at a time when there is very little economic drama for the first time in years. THE CANADIAN PRESS/Adrian Wyld

Bank of Canada keeps key interest rate target on hold but warns of ‘slow, choppy’ recovery

The bank says its key rate will stay at near-zero until economic slack is absorbed

A woman walks past the Bank of Canada building, in Ottawa, Wednesday, Sept. 6, 2017. The Bank of Canada will say this morning what it will do with its key interest rate at a time when there is very little economic drama for the first time in years. THE CANADIAN PRESS/Adrian Wyld
Barb and Dave Chamberlain are the owners of Mr. Potato, a food truck currently located at the Alberni Outpost. (ELENA RARDON / ALBERNI VALLEY NEWS)

Food trucks help create community at entrance to Port Alberni

Alberni Outpost offers food, events, vendors at the top of Alberni Highway

Barb and Dave Chamberlain are the owners of Mr. Potato, a food truck currently located at the Alberni Outpost. (ELENA RARDON / ALBERNI VALLEY NEWS)
B.C. Liberal agriculture critic Ian Paton addresses farmers’ rally outside the B.C. legislature over housing restrictions, Oct. 28, 2019. (Tom Fletcher/Black Press)

Farmers call on B.C. NDP to allow more housing, business

Secondary homes, restaurants, rentals can keep farms viable

B.C. Liberal agriculture critic Ian Paton addresses farmers’ rally outside the B.C. legislature over housing restrictions, Oct. 28, 2019. (Tom Fletcher/Black Press)
An Uber driver is seen in Vancouver, Friday, Jan. 24, 2020. Uber Technologies Inc. is launching a handful of sustainability measures in Canada to help it reach lofty goals it has set for the market and beyond. THE CANADIAN PRESS/Darryl Dyck

Uber unveils Canadian commitments to reach goal of being emission-free by 2040

Uber’s commitments come as the ride-hailing business has slumped in several markets during the COVID-19 pandemic

An Uber driver is seen in Vancouver, Friday, Jan. 24, 2020. Uber Technologies Inc. is launching a handful of sustainability measures in Canada to help it reach lofty goals it has set for the market and beyond. THE CANADIAN PRESS/Darryl Dyck