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British Columbia

PBO estimates capital gain tax change to bring in $17.4B in revenue over five years

PBO estimates capital gain tax change to bring in $17.4B in revenue over five years

OTTAWA — The parliamentary budget officer estimates the Liberals' increase to the capital gains inclusion rate will bring in $17.4 billion in revenue over five years.
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Arrest warrants issued for B.C. real estate developer

Arrest warrants issued for B.C. real estate developer

Two arrest warrants were issued last month for Cynterra CEO Bob Fraser after he failed to appear in court for a payment hearing
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Opinion: B.C. might talk about investment, but business is walking

Opinion: B.C. might talk about investment, but business is walking

There is a disconnect between how the Eby administration talks about investment and B.C.’s economic reality
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Optimism building for Regina’s industrial market

Optimism building for Regina’s industrial market

Resurgent mining, agriculture sectors support economic growth
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B.C. strata's 'atmospheric river' flood response reasonable, tribunal says

B.C. strata's 'atmospheric river' flood response reasonable, tribunal says

Crawl spaces under the Chilliwack strata complex flooded when 2021 torrential rains caused widespread Fraser Valley flooding.
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Opinion: B.C. could double its food production—do we have the political will?

Opinion: B.C. could double its food production—do we have the political will?

BC Tree Fruits closure underscores the urgent need for agricultural reform and investment
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Western Forest Products narrows loss in second quarter to $5.7 million

Western Forest Products narrows loss in second quarter to $5.7 million

VANCOUVER — Western Forest Products Inc. says it lost $5.7 million during the second quarter, compared with a loss of $20.7 million a year earlier. The Vancouver-based company says revenues were $309.
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Precision Drilling attributes Canadian rig demand growth to Trans Mountain pipeline

Precision Drilling attributes Canadian rig demand growth to Trans Mountain pipeline

CALGARY — Canada's largest drilling rig contracting company has seen such surprising growth in customer demand after the opening of the Trans Mountain pipeline expansion that its CEO believes a rig shortage could be possible by next year.
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Hundreds of illegal short-term rentals in Victoria still operating: B.C. Ministry of Housing

Hundreds of illegal short-term rentals in Victoria still operating: B.C. Ministry of Housing

Information from short-term rental platforms shows the 1,697 listings in Victoria exceeds the number of business licences issued by the city by about 900 listings, the Housing Ministry says
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Economy continues to grow at modest pace as forecasters brace for more rate cuts

Economy continues to grow at modest pace as forecasters brace for more rate cuts

OTTAWA — The Canadian economy continued to keep its head just above water in May, growing 0.2 per cent, led by expansions in manufacturing and the public sector.
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