Business

ICBC posts net loss of $582 million

ICBC reported today that it posted a net loss of $582 million for the first six months of the fiscal year.

Annual inflation rises to 2.4% thanks to higher costs for gas, airline tickets

Year-over-year prices at the pump were 12 per cent higher in October, air transportation prices were up 9.4 per cent and mortgage interest costs climbed seven per cent, the report said.

Stores usher in Black Friday with easier ways to get deals

They’re offering new ways for shoppers to get deals online and in the store easier and faster in the age of instant gratification.

video
Five things to watch for in Canadian business, the week of Oct 15th
Low-cost airline Swoop launches in Canada
Morneau: Feds would back new Trans Mountain investors
Sears Canada job losses very sad, says former executive

Santa at home in his Uptown cottage

Bookings already running into December

Feds give formal notice for law to end Canada Post strike

Trudeau government ready to legislate employees back to work after five weeks of rotating strikes

Mr. Mikes SteakhouseCasual serves up community support

National initiative donating $20,000

  • Nov 21, 2018

B.C. lumber mills struggle with shortage of logs, price slump

Signs of recovery after U.S. market swings, industry executive says

B.C. model looks a lot like expanded taxi industry, ride-hailing group says

Ridesharing Now for BC says it had hoped the bill would be more customer-driven like in other cities

Awards will recognize business excellence on Vancouver Island

Nomination period begins for Vancouver Island Business Excellence Awards

No deal in sight: Canada Post warns of delivery delays into January

Union holds fifth week of rotating strikes as both sides remain apart on contract negotiations

VIDEO: Shoppers like self-checkout lanes at the grocery store, survey suggests

Grocery Experience National Survey Report suggests most grocery shoppers spend 32 minutes per visit

Coin-opperated pinball arcade opens in downtown Victoria

Quazar’s Arcade offers new and retro games, with approval from Jeff Goldblum

McDonald’s brings back $1 coffee

Deal runs from Nov. 19 until Dec. 16 in Greater Victoria

Pacific Centre Family Services Association a winning design in Colwood

Victoria Real Estate Board winner a welcoming sight

  • Nov 18, 2018

Canada has enough pipelines to get the moon

Pipelines totalling 840,000 kilometres run across Canada

Canadian university profs are getting older and working longer

New statistics also show more women in Canadian university faculties

Canfor to buy 70 per cent stake in Swedish Vida Group for $580 million

The privately held company has nine sawmills in southern Sweden with an annual production capacity of 1.1 billion board feet.

Want to buy your first home? Move to Kamloops or Prince George

Kamloops, Prince George, Campbell River and Langford are the only other markets in the study without gaps between required and actual income in owning a home.