Image: Okanagan Edge
Okanagan Edge This Week is our look back at everything that happened in business in the region over the last seven days.
Local business news
New money to Volinspire
Image: Trevor Nichols
A pair of credit unions have bought into a local volunteer social networking platform.
New partnership for Flair
Flair Airlines announced a new partnership with Voyages à La Carte that will see Flair flights offered on the travel company’s business-to-business platform.
Image: Facebook
No more pot shops here
It may be too little, too late, but Vernon city council has moved to stop further marijuana dispensaries setting up business in the city.
Council gave unanimous approval to a regulation that will pursue closure of any dispensary that began operation on or after Nov. 14, 2017 – at least until the provincial legislation is in place controlling the drug’s sale.
Skaha Marina needs $1.85 million
City taxpayers could be on the hook for $1.85 million in dock upgrades at the Skaha Lake Marina over the next two years, with the cancellation of the city’s agreement with the Trio Marine Group.
Strike still possible
Jail guards at the Kelowna RCMP detachment will be allowed to strike, if they chose to do that.
Business person of the week
From pharma to farmer
Image: Trevor Nichols
Russ Johnson has been working for years to make West Kelowna’s Truck ’59 Ciderhouse a reality. Today, his dream is deliciously close.
Feature columns
Impact Ideas
Image: Contributed
It’s not every day a financial institution invests in an early-stage startup. It’s even less common for two of them to do it together. Andrew Greer reflects on what it might mean that two credit unions just bought into Kelowna’s Volinspire.
Real estate bigger than oil
Bill Hubbard explains why B.C. real estate is a bigger economic driver than Alberta’s oil and gas industry.
Provincial business news
Fresh rules for Airbnb
Image: The Canadian Press
Vancouver city council voted to legalize short-term rentals such as Airbnb, but will limit them to principal residences, and charge patrons $49 per for a licence to operate.
B.C. keeps AAA rating
Bond rating agency Standard and Poor’s has confirmed B.C.’s triple-A long-term credit rating.
Grappling with Site C future
The fate of the largest public project in British Columbia’s history, the Site C hydroelectric dam, was the focus of intense scrutiny this week as provincial cabinet ministers traveled north for last-minute consultations.
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