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Strong IPO interest in the U.S. has yet to spread to B.C.

Strong IPO interest in the U.S. has yet to spread to B.C.

Amer Sports IPO last week values Vancouver billionaire Chip Wilson’s stake at more than US$1 billion, bodes well for more IPO activity in 2024
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B.C.'s West Fraser sells Hinton pulp mill

B.C.'s West Fraser sells Hinton pulp mill

New British owner plans to invest in new kraft paper machine
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Federal government extends foreign buyer ban on Canadian homes to 2027

OTTAWA — Foreign nationals and companies will be banned from buying residential properties in Canada for an additional two years, the federal finance minister said Sunday, the latest in a raft of measures aimed at addressing housing affordability con
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Private-college operator worries crackdown on bad actors is affecting good ones

Private-college operator worries crackdown on bad actors is affecting good ones

For those in good standing, there is already rigorous screening, annual audits, student-attendance tracking and more, says Pacific Rim College president
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Vancouver home sales rise in January as demand outpaces newly listed properties

Vancouver home sales rise in January as demand outpaces newly listed properties

VANCOUVER — The Real Estate Board of Greater Vancouversays home sales got off to a strong start in the first month of 2024 but the pace of newly listed properties did not keep up with demand. The board says January home sales totalled 1,427, a 38.
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B.C. film industry still recovering after Hollywood strike

B.C. film industry still recovering after Hollywood strike

Following creative strikes, B.C. production activity is 40 per cent below typical levels.
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Business, consumer insolvencies rise in December as higher rates bite

Business, consumer insolvencies rise in December as higher rates bite

OTTAWA — Business insolvencies rose 57.2 per cent in December compared with a year earlier, according to the Office of the Superintendent of Bankruptcy. For the entire year, business insolvencies were up 41.
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BC receives failing grade as red tape snarls renovations, construction

BC receives failing grade as red tape snarls renovations, construction

Technology and permitting improvements can cut hassles
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Okanagan vineyard crop damage from January cold likely ‘catastrophic’

Okanagan vineyard crop damage from January cold likely ‘catastrophic’

“We’ll wait for the report, but its going to be catastrophic. I daresay we may have lost most of the crop.”
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Strike averted: Metro Vancouver transit supervisors, bus company accept mediator's plan

Strike averted: Metro Vancouver transit supervisors, bus company accept mediator's plan

CUPE 4500 and Coast Mountain Bus Company have accepted recommendations proposed by special mediator Vince Ready, avoiding a 72-hour strike planned for this weekend.
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