BC Biz

Fires burn Canfor’s bottom line
The Canadian Press - Jul 28, 2023 - BC Biz

VANCOUVER — Wildfires in Western Canada continue to disrupt Canfor Corp. operations, as the company reported a loss of $43.9 million in the second quarter. With records set in both Alberta and B.C. for total hectares burned, the company said operational constraints are expected to continue well into the third quarter of 2023. The extreme […]

Teck still mulling offers
The Canadian Press - Jul 27, 2023 - BC Biz

Teck Resources Ltd. is making progress in evaluating the various offers put forward by prospective buyers of its steelmaking coal business, the Vancouver-based mining company said Thursday. On a conference call, CEO Jonathan Price declined to say whether a deal is imminent but said Teck’s board and an independent special committee are engaged with “multiple […]

Province funds vandalism fight
The Canadian Press - Jul 26, 2023 - BC Biz

VANCOUVER — One morning last summer, Jake Jackman received a call from a security guard that the windows of his optical store in Vancouver’s West End had been smashed. All four windows of the shop, The Ice Cream Parlour, had been shattered. The replacement bill was $11,000, and the culprit was never caught. Jackman is […]

Hay cost hurting BC farmers
The Canadian Press - Jul 25, 2023 - BC Biz

B.C. rancher Suzanne Fradette had just got off the phone with a hay broker who had grim news amid an ongoing drought that has sent feed prices soaring: “It’s bad out there.” “We’ve got a fairly small herd, like 140 head, but we are thinking it’s going to be about $100,000 this year for hay,” […]

Workers examine new offer
The Canadian Press - Jul 25, 2023 - BC Biz

VANCOUVER — Thousands of workers at B.C.’s ports are taking off the day shift to attend meetings and learn details of an agreement struck between their union and employers. The local chapters of International Longshore and Warehouse Union are holding meetings today to discuss the deal, which the BC Maritime Employers Association says is the […]

Port strike resolution nears
The Canadian Press - Jul 21, 2023 - BC Biz

VANCOUVER — For the second time in just over a week a tentative deal may have been reached in the labour dispute at B.C. ports. News of a possible agreement capped a tumultuous week in the conflict, which earlier this month froze billions of dollars’ worth of goods at Canada’s key west coast import and […]

Port strike has PM ‘dismayed’
The Canadian Press - Jul 20, 2023 - BC Biz

VANCOUVER — Prime Minister Justin Trudeau says the federal government is “dismayed” that an agreement to end the job action at B.C.’s ports was rejected by the longshore union leadership. Trudeau said Thursday that the union caucus’ decision to reject a federal mediator’s tentative deal that was agreed to at the bargaining table, putting them […]

Port strike spills into U.S.
Contributed - Jul 11, 2023 - BC Biz

Maritime employers says the impact of the B.C. port strike is spilling over internationally, as U.S. port workers refuse to handle containers rerouted from Vancouver to Seattle. The BC Maritime Employers Association says the move further damages the “reliability and competitiveness of West Coast ports up and down” as the work stoppage drags on for […]

Wary of Prime Day scams
Contributed - Jul 11, 2023 - BC Biz

Amazon Prime Day is here. And, once again, experts are warning consumers of scams. Scams targeting online shoppers — often by impersonating companies like Amazon and other major retailers — are nothing new. But phishing attempts increase amid busy spending seen during significant sales events — from Black Friday to, of course, Prime Day, according […]

BC trying to help renters
The Canadian Press - Jun 28, 2023 - BC Biz

VICTORIA — The B.C. government has opened access to its $500 million rental-protection fund that will help non-profit groups purchase rental buildings. The goal of providing the capital funding is to allow renters to stay in the buildings and keep their rents affordable. The province said in a statement that more than 97,000 units where […]