BC Biz


Lululemon cutting jobs
The Canadian Press - Jun 18, 2025 - BC Biz

VANCOUVER — Apparel company Lululemon Athletica Inc. is cutting about 150 corporate jobs as part of changes to its organizational structure. The retailer said Wednesday the affected employees are part of its store support centres. The move comes as U.S. President Donald Trump has kicked off a global tariff war that has rippled through supply […]

Telus details enhancement plans
The Canadian Press - May 27, 2025 - BC Biz

VANCOUVER — Telus Corp. has announced it will spend more than $70 billion over the next five years to enhance connectivity, including through improvements to its network infrastructure and by building artificial intelligence data centres. The telecommunications company says in a press release that part of the funding will go toward bolstering fibre connectivity across […]

Vancouver home sales lag
The Canadian Press - May 02, 2025 - BC Biz

VANCOUVER — Vancouver home sales activity was down again in April as the city’s real estate board says some buyers are likely trying to “patiently wait out the storm” with the ongoing Canada-U.S. trade war. Greater Vancouver Realtors says residential sales in the region totalled 2,163 last month, a 23.6% decrease from the 2,831 sales […]

BC set to speed up projects
The Canadian Press - May 01, 2025 - BC Biz

VICTORIA — B.C. Infrastructure Minister Bowinn Ma said new legislation will speed up major public and private projects, including mines and other natural resource enterprises. The government of Premier David Eby has previously promised to speed up permitting to improve the provincial economy after last year’s election, then amid tariff and annexation threats from United […]

Extension for rental platforms
The Canadian Press - Apr 30, 2025 - BC Biz

VICTORIA — The British Columbia government has granted short-term rental platforms an extra month to confirm their listings are legal. But the extension announced Wednesday doesn’t apply to rental hosts themselves, who must still register their units with the provincial government by May 1. Previously, platforms such as Airbnb and VRBO also had until May […]

Rental changes make impact?
The Canadian Press - Apr 24, 2025 - BC Biz

Marv Gandall says living in one of Victoria’s largest residential buildings a year ago meant a parade of people with suitcases, stuffed visitors parking and slow elevators. Gandall, who has lived in the Era on Yates complex for a decade, described long waits, packages going missing and scratched walls from the high number of visitors […]

Lululemon expects US slowdown
The Canadian Press - Mar 27, 2025 - BC Biz

Lululemon Athletica Inc. is expecting modest growth in its U.S. business this year, with consumers pleased with the clothing retailer’s fresh offerings but cautious about the economy. Chief executive Calvin McDonald told a quarterly conference call Thursday the Vancouver company has done some polling with Ipsos that suggests U.S. customers are spending less due to […]

Many want to fight fires
The Canadian Press - Mar 20, 2025 - BC Biz

VICTORIA — The B.C. Wildfire Service has recorded its highest number of applicants ahead of the 2025 season while expanding First Nations recruitment. A statement from the Forests Ministry said the service has received more than 1,700 applications since October, the highest number ever received. Nearly 580 of those came in January, the highest number […]

BC suspends Tesla rebates
The Canadian Press - Mar 13, 2025 - BC Biz

VANCOUVER — B.C. is ramping up its response to the trade war with the United States, with BC Hydro banning Tesla products from its electric vehicle rebate program and the government tabling legislation to combat the tariff threats. BC Hydro says on its website that the change would cover Tesla chargers, batteries and inverters and […]

BC budget’s first $10B deficit
The Canadian Press - Mar 04, 2025 - BC Biz

VICTORIA — Here are some highlights of B.C.’s budget, delivered by Finance Minister Brenda Bailey on the same day that U.S. tariffs on imports from Canada were enacted, setting off a North American trade war. A record deficit, again The budget forecasts the province’s first $10-billion deficit, with the gap between revenue and expenditure predicted […]