Skip to content

Top Stories

Labour shortages cost small businesses $38 billion in lost sales last year: CFIB

Labour shortages cost small businesses $38 billion in lost sales last year: CFIB

TORONTO — Small businesses lost more than $38 billion in revenue opportunities last year because of labour shortages, according to estimates from the Canadian Federation of Independent Business.
Read more >
Cutting-edge antibody therapy firm, AbCellera, to lay off 10 per cent of workforce

Cutting-edge antibody therapy firm, AbCellera, to lay off 10 per cent of workforce

VANCOUVER — The Vancouver-based company that helped develop the first antibody therapy treatment for COVID-19 has announced layoffs amounting to 10 per cent of its workforce. AbCellera Biologics Inc.
Read more >
Three in four Canadians say higher immigration is worsening housing crisis: poll

Three in four Canadians say higher immigration is worsening housing crisis: poll

Nearly two-thirds of respondents said the volume of newcomers is also adding pressure to the country's education systems.
Read more >
B.C. growth forecast drops to one per cent for 2023, but deficit projection improves

B.C. growth forecast drops to one per cent for 2023, but deficit projection improves

VICTORIA — Global financial pressures and Canada's inflation rate challenges are major contributing factors in a forecast of slower growth for British Columbia's economy. Finance Minister Katrine Conroy said Tuesday that B.C.
Read more >
Kelowna-West MLA urges government support for struggling wine industry

Kelowna-West MLA urges government support for struggling wine industry

Recent report indicates a $133M decrease in revenue
Read more >
B.C. holiday parties being scaled back this year due to impact of inflation, interest rates

B.C. holiday parties being scaled back this year due to impact of inflation, interest rates

'A lot of people are being very conservative and reflective of how they’re spending money.'
Read more >
Why widespread EV adoption in B.C. will take time

Why widespread EV adoption in B.C. will take time

Province's timeline for phasing out selling new gas-powered car could make available vehicles scarce, and hike prices
Read more >
Metro Vancouver housing prices to increase as sales to drop in 2024, Re/Max predicts

Metro Vancouver housing prices to increase as sales to drop in 2024, Re/Max predicts

Meanwhile, economist forecasts no rate cuts coming until mid-2024
Read more >
Market conditions could cap Vancouver's growth as a destination for events

Market conditions could cap Vancouver's growth as a destination for events

Inflation, higher travel costs and limited hotel capacity are among the factors influencing corporate event venue supply and demand
Read more >
B.C., Canadian travellers stay close to home due to inflationary environment

B.C., Canadian travellers stay close to home due to inflationary environment

Domestic trips exceed pre-pandemic levels while flights overseas and to the U.S. have yet to catch up.
Read more >