Business

Housing market ‘moderately’ vulnerable amid potential overvaluation of homes: CMHC

CMHC says there was a ‘moderate degree of vulnerability’ in the housing market as of the end of June

Masks and temperature checks now mandatory to enter Nanaimo’s Woodgrove Centre

Mall says it’s the first in B.C. to put the measures in place

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Woodgrove Centre posts plans to make masks and temperature checks mandatory

Mall advises in letter to customers that rules will come into effect Monday, Sept. 21

COVID-19: New air carrier sought for Qualicum Beach Airport

Island Express Air ends operation due to pandemic

Tofino-area First Nation considering closing doors to visitors again

Swamped with tourists, scared of COVID-19, Tla-o-qui-aht First Nation says more support needed

WestJet offers refunds to passengers with cancelled European flights

WestJet is contacting guests with eligible flights who had already accepted travel credit

Consumer price index in August hits 0.1 per cent, Statistics Canada says

The average economist estimate had been for a year-over-year increase of 0.4 per cent for August

Comedian hosting this year’s Nanaimo Business Awards

Steve Patterson of CBC Radio’s The Debaters to host virtual awards ceremony

Mountain Equipment Co-op to be sold to private corporation

Vancouver-based MEC transition is from co-operative structure to a subsidiary of Kingswood Capital Management

B.C. suspends some old-growth logging, consults communities

‘Deferral areas’ total 3,350 square km of forest

B.C. businesses owe $6.2 billion in deferred provincial tax payments

Student loan repayment, hotel tax among bills due in September

Island market finally reopens more than seven months after extreme flood

COVID situation lengthened an already long renovation process

B.C. deficit forecast $12.8 billion after first three months of COVID-19

Taxes, resource revenues fell less than expected in pandemic

B.C.’s post-pandemic economy to recover in 2022, economists say

Central 1 Credit Union analyzes impact of COVID-19

Bank of Canada keeps key interest rate target on hold but warns of ‘slow, choppy’ recovery

The bank says its key rate will stay at near-zero until economic slack is absorbed

Farmers call on B.C. NDP to allow more housing, business

Secondary homes, restaurants, rentals can keep farms viable

Uber unveils Canadian commitments to reach goal of being emission-free by 2040

Uber’s commitments come as the ride-hailing business has slumped in several markets during the COVID-19 pandemic

Island family expects solar power to pay for itself

Residential systems only part of the business for Cumberland energy company Hakai

New B.C. jobs won’t be enough when CERB ends: economist

Unemployment double what it was before COVID-19