Business

Lumber hitting record-high prices as supply lags behind demand

B.C.’s forest industry hasn’t been able to keep pace with the COVID-19 building boom

B.C. VOTES 2020: Speculation tax misses speculators, B.C. Liberals say

Andrew Wilkinson, John Horgan clash over housing costs, solutions

Airlines demand ‘concrete plan’ for financial aid after throne speech hints at relief

Canadian airline revenues in 2020 will fall by $14.6 billion or 43 per cent from last year

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

Municipal tax, transit revenues falling as costs rise

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

Andrew Wilkinson speaks to municipal leaders from Victoria

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BUSINESS BUZZ: Rising from the ashes, city eyes up to $200M in projects

Darren Davidson’s monthly column about business in Nelson

  • Sep 23, 2020

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

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

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Pay it Forward program supports local businesses in their community giving

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

WestJet offers refunds to passengers with cancelled European flights

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

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

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

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

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

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

Student loan repayment, hotel tax among bills due in September

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

Central 1 Credit Union analyzes impact of COVID-19

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

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

Secondary homes, restaurants, rentals can keep farms viable