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Economy, Law & Politics

New program offers interest-free loans to B.C. tourism businesses

New program offers interest-free loans to B.C. tourism businesses

PacifiCan initiative provides repayable funding of up to $250K to help tourism operations grow.
‘A return to normalcy’ as VC investments take a breather in B.C.

‘A return to normalcy’ as VC investments take a breather in B.C.

Despite drop in venture capital dollars, private equity made gains during the first three quarters of 2023
High borrowing costs make deficits harder to defend

High borrowing costs make deficits harder to defend

One in every 10 dollars spent by federal government now goes to servicing debt
Can Canadian downtowns find new purpose in a post-office era?

Can Canadian downtowns find new purpose in a post-office era?

VANCOUVER — Kay Matthews doesn't mince words when asked about the state of businesses fighting to survive in downtown cores across Ontario. "We're struggling," said Matthews, executive director of the Ontario Business Improvement Area Association.
Why purpose-driven businesses are booming in British Columbia

Why purpose-driven businesses are booming in British Columbia

The number of B Corp-certified companies in the province has grown since the pandemic, as experts say companies that lack social purpose will get left behind
Cracks in job market grow as BoC succeeds at slowing economy to a near halt

Cracks in job market grow as BoC succeeds at slowing economy to a near halt

OTTAWA — Canada's unemployment rate continues to trend higher as the Bank of Canada's steep interest rate hikes weigh down the economy leaves workers with fewer options in the job market.
B.C. adds 9K jobs in November, reversing losses from previous month

B.C. adds 9K jobs in November, reversing losses from previous month

Unemployment rate falls slightly to 5.3%
Northern B.C. city in midst of child care crisis

Northern B.C. city in midst of child care crisis

Dawson Creek is only able to provide childcare for less than 20 percent of the 400 infants born each year in the community. 
B.C. introducing pilot program to help recruit, retain workers for restaurant industry

B.C. introducing pilot program to help recruit, retain workers for restaurant industry

Initiative zeroes in on small and medium-sized businesses
Boeing surveillance plane contract worth $900M to B.C.

Boeing surveillance plane contract worth $900M to B.C.

Kelowna’s KF Aerospace among B.C. companies to benefit from new P-8A Poseidon procurement.