BC Biz

Old drivers subsidize young
Jon Manchester - Nov 15 - BC Biz

Older, safer drivers are paying hundreds more in ICBC premiums to subsidize younger, riskier drivers, a new study reveals. Drivers in B.C. pay higher auto insurance rates in part because ICBC doesn’t fully account for age and uses driver premiums to pay for non-insurance costs, the Fraser Institute study finds. In August, the province announced […]

Pot shortages to persist
The Canadian Press - Nov 14 - BC Biz

The supply shortages that have plagued many provinces in the first month of legal cannabis will likely persist for years, industry insiders say. Provinces including British Columbia, Alberta, Manitoba, Saskatchewan, Quebec, Nova Scotia and New Brunswick have all reported varying degrees of shortages. New Brunswick was forced to temporarily close more than half its stores, […]

Delta casino approved
Okanagan Edge Staff - Nov 13 - BC Biz

Delta is going to get a casino. The BC Lottery Corporation approved a new gambling and entertainment facility today. It will be operated by Gateway Casinos and Entertainment Limited, and it will include a hotel, restaurants, meeting space and a casino with approximately 500 slot machines, 24 tables games and up to six electronic table […]

Conifex cutting production
The Canadian Press - Nov 12 - BC Biz

A leaner holiday season lies ahead for those who work at the Conifex Timber Inc. sawmill in Fort St. James. The company has announced a two-week curtailment beginning Monday and continuing until Nov. 26 at the mill about 160 kilometres northwest of Prince George. A second two-week curtailment is also planned around the Christmas period. […]

Nurses want protection
Darren Handschuh - Nov 12 - BC Biz

Almost daily, a nurse is injured on the job in B.C. by an act of violence. In a month, 26 nurses report serious assaults to WorkSafe BC and will have to take time off after being attacked. Christine Sorensen, head of the B.C. Nurses Union, said often nurses don’t even report lesser assaults. Not only […]

BC values still rising
Okanagan Edge Staff - Nov 07 - BC Biz

Vancouver real estate’s price per square foot continues to be the most expensive in Canada despite decreases over the last year, according to Century 21’s annual survey on the topic. Downtown Vancouver condominiums are the most expensive properties in Canada, checking in at $1,347 per square foot. The city’s West Side neighbourhood has the most […]

No more mega-mansions
Okanagan Edge Staff - Nov 06 - BC Biz

The provincial government is doing what it can to crack down on construction waste dumping and mega-mansion building on the Agricultural Land Reserve. Legislation was introduced on Monday that the government says will strengthen protections for B.C.’s ALR. “The old government let wealthy speculators drive the price of farmland out of reach for young farmers […]

Dams causing kerfuffle
The Canadian Press - Nov 05 - BC Biz

VANCOUVER — A conservation group is suing the British Columbia government for deciding two oilpatch dams are exempt from environmental rules. The B.C. Sierra Club says foreign-owned Progress Energy built the dams in the province’s north without environmental assessments. The club alleges the government then retroactively exempted them from needing the reviews. It alleges the […]

Cannabis website now live
Okanagan Edge Staff - Nov 02 - BC Biz

Licensed, private recreational cannabis retailers will be able to order their product through the BC Liquor Distribution Branch’s wholesale customer website once they are approved. The LDB launched the website on Friday. Once the private retailers get their licenses from the Liquor and Cannabis Regulation Branch, they will then have to do the LDB’s private […]

Winter halts road work
Josh Winquist - Oct 31 - BC Biz

Road crews were unable to complete work on a section of Highway 97 from Williams Lake Indian Reserve No. 1 to Lexington Road. “Through November 2018, crews will be preparing the project for winter shutdown as cooler temperatures do not allow for completion of the remaining work,” stated the Ministry of Transportation and Infrastructure in […]