BC Biz


Horgan courts LNG
The Canadian Press - Mar 23, 2018 - BC Biz

British Columbia is offering new conditions and tax incentives for liquefied natural gas projects in the province in a move to attract investment that could put the province’s minority NDP government at risk of losing the Green party’s support. Premier John Horgan made the announcement Thursday ahead of a final investment decision on LNG Canada’s […]

Landlords get too personal
The Canadian Press - Mar 22, 2018 - BC Biz

British Columbia’s privacy office says some landlords are asking prospective tenants for too much personal information, including three months worth of bank statements, inquiring whether applicants were born in Canada and having them complete a behavioural questionnaire. Drew McArthur, the province’s acting information and privacy commissioner, says 1.5 million people live in rental housing, representing […]

Horgan launches LNG plan
Rob Gibson - Mar 22, 2018 - BC Biz

Premier John Horgan has introduced new Liquid Natural Gas rules as part of a new approach to natural gas development. The British Columbia government is overhauling the LNG policy framework for future projects while ensuring those projects adhere to B.C.’s climate targets. “Our new approach welcomes investment that puts our province’s people and future first, […]

More arrests at Trans Mtn
The Canadian Press - Mar 20, 2018 - BC Biz

RCMP say more than a dozen people protesting the expansion of the Trans Mountain pipeline have been arrested at a construction site in Burnaby. A B.C. Supreme Court judge granted the company an injunction last week restricting protesters from entering within five metres of two terminal work sites. Mounties say 13 people were arrested and […]

Mine company bought for $605M
The Canadian Press - Mar 19, 2018 - BC Biz

Hecla Mining Co. says it’s buying Vancouver-based gold miner Klondex Mines Ltd. for $605 million with a mix of cash and shares. Idaho-based Hecla will gain control of Klondex’s Fire Creek, Midas, and Hollister underground gold mines in Nevada, while Klondex will spin out its True North mining operations in Manitoba into a new entity […]

BC backs high-speed rail
The Canadian Press - Mar 16, 2018 - BC Biz

B.C. is backing a bid to develop high-speed rail service between Vancouver and Seattle. The province will help fund a study into a potential ultra-high-speed corridor connecting as far south as Portland. Premier John Horgan was joined by Washington Gov. Jay Inslee as he announced that B.C. will contribute $300,000 toward the study. High-speed rail […]

Protest injunction granted
The Canadian Press - Mar 16, 2018 - BC Biz

Protesters must be restrained from obstructing the expansion of the Trans Mountain pipeline, says a British Columbia Supreme Court judge who has granted the company an injunction aimed at preventing people from entering within five metres of two work sites. Justice Kenneth Affleck said Thursday he felt it necessary to make a decision on the […]

Fracking under review
The Canadian Press - Mar 16, 2018 - BC Biz

A three-member scientific panel will review the safety and environmental standards of fracking for natural gas in British Columbia and give the provincial government advice on what changes might be needed to minimize its risk to the environment. Michelle Mungall, the minister of energy, mines and petroleum resources, says the panel will hear presentations and […]

BC airline shut down
The Canadian Press - Mar 15, 2018 - BC Biz

Transport Canada says it has suspended B.C.-based Orca Airways Ltd.’s air operator certificate, a move that prohibits the company from providing commercial air services. The department says it took the action in the interest of public safety due to Orca Airways’ repeated non-compliance with aviation safety regulations. Orca Airways provides flights between Vancouver and destinations […]

Passing on beautiful game
Rob Gibson - Mar 15, 2018 - BC Biz

Not everyone is happy with the decision to pull out of a joint World Cup bid for 2026. Specifically, Vancouver says it’s “extremely disappointed, we believe hosting the biggest sporting event on earth would have offered significant economic benefits,” the city said in a statement Wednesday. “Vancouver remains a city with exceptional sports hosting history […]