BC Biz

Fish farms to move out
The Canadian Press - Dec 14 - BC Biz

All 17 fish farms in B.C.’s Broughton Archipelago will either be closed or moved in an effort to create a migration path for wild salmon. The agreement between First Nations, the federal and provincial governments, and fish farm companies Marine Harvest Canada and Cermaq Canada was announced today. Concerns have been raised since the farms […]

Solid forestry trip to China
The Canadian Press - Dec 14 - BC Biz

VANCOUVER — Delegates from B.C.’s forest industry have concluded what they characterize as a successful trade mission to Asia despite tensions over the arrest of Huawei chief financial officer Meng Wanzhou in Canada. Forests Minister Doug Donaldson visited Korea and Japan with the delegates but pulled out of the China leg of the tour this […]

Politicians join Tilray board
The Canadian Press - Dec 13 - BC Biz

NANAIMO, B.C. — Pot producer Tilray Inc. has added some political heft to its international advisory board, including former foreign affairs ministers from around the world and former chairmen of the U.S. Democratic and Republican national committees. The inaugural members announced by the cannabis grower include former Canadian minister of foreign affairs Lloyd Axworthy as […]

Advisories issued after crash
The Canadian Press - Dec 12 - BC Biz

RICHMOND, B.C. — The Transportation Safety Board has issued rail-safety advisories involving a crash in April of last year that killed three workers and injured two others in the Vancouver Island community of Woss. A WorksafeBC report issued in October said decaying railway ties and the failure of a safety mechanism allowed rail cars at […]

BC condo market sizzles
The Canadian Press - Dec 12 - BC Biz

A tempting bright-red advertisement for a new condo development in a Vancouver suburb circulated online this fall, sparking excitement from first-time homebuyers and concern among long-standing real estate observers. The developers of The Landing, a 78-unit complex in Langley, were offering to pay the mortgages for a year of the first 20 buyers and give […]

Short-term rentals plummet
The Canadian Press - Dec 11 - BC Biz

The City of Vancouver says nearly 1,000 short-term rental units are no longer advertised after it introduced new rules to free up more housing for long-term tenants. The regulations took full effect in September but were introduced earlier this year, and since April some 963 short-term rental units are no longer listed. The city says […]

China mission goes ahead
The Canadian Press - Dec 10 - BC Biz

VICTORIA — Forest company leaders from B.C. say they will continue a trade mission to China without provincial government officials. Susan Yurkovich, president of the Council of Forest Industries, says long-standing business relations with China are separate from what’s unfolding in a Vancouver courtroom where Meng Wanzhou has applied for bail. Yerkovich made the comments […]

Fortis rates going up
The Canadian Press - Dec 10 - BC Biz

Most B.C. residents will pay more for natural gas after an Enbridge pipeline exploded in October near Prince George. FortisBC says it’s received regulatory approval from the B.C. Utilities Commission on interim rates for customers to take effect Jan. 1. Diane Roy, vice-president of regulatory affairs, said in a release that Fortis strives to deliver […]

BC politicians will avoid China
The Canadian Press - Dec 10 - BC Biz

VICTORIA — The detention of a top Huawei executive in Canada has derailed B.C.’s trade mission to China. The delegation led by B.C. Forestry Minister Doug Donaldson will no longer be stopping in China, and will instead end its trip after a visit to Japan. The decision follows the arrest of Meng Wanzhou, Huawei’s chief […]

Climate plan could be boon
The Canadian Press - Dec 06 - BC Biz

The B.C. Business Council says the province’s plan for reducing greenhouse gas emissions can position B.C. and its businesses as a supplier of choice for international markets seeking lower-carbon intensive energy and commodities. It says there’s a need for greater understanding of the plan’s cost implications for both employers and individual B.C. residents. It also […]