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Accommodation tax will soften the blow for Vancouver’s big FIFA bill

Accommodation tax will soften the blow for Vancouver’s big FIFA bill

The $230 million estimate is subject to change and include $52 million for contingency and inflation.
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Top business stories of the week (Jan. 23-27)

Top business stories of the week (Jan. 23-27)

Here are some of the top business stories of this past week
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Western Forest Products' Port Alberni, B.C., mill closes as company seeks viable path

Western Forest Products' Port Alberni, B.C., mill closes as company seeks viable path

VANCOUVER — More than 100 workers in Port Alberni are the latest forest industry employees to face layoffs as Western Forest Products confirms it will not restart its sawmill in that Vancouver Island city.
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Federal government posts $3.6 billion deficit between April and November

Federal government posts $3.6 billion deficit between April and November

OTTAWA — The federal government posted a budgetary deficit of $3.6 billion in the first eight months of the fiscal year. In its monthly fiscal monitor, the finance department says the deficit compares to a deficit of $73.
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A 'housing bottleneck': Immigration targets exacerbate B.C.'s housing crisis

A 'housing bottleneck': Immigration targets exacerbate B.C.'s housing crisis

The province will have to find housing for the 20 per cent of newcomers it absorbs, on top of current needs.
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B.C.’s housing market nears ‘cyclical bottom': RBC

B.C.’s housing market nears ‘cyclical bottom': RBC

Home resale activity is showing signs of stabilizing after dropping to low levels
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Metro Vancouver’s rental vacancy rate drops as demand, prices soar: CMHC

Metro Vancouver’s rental vacancy rate drops as demand, prices soar: CMHC

The rate for purpose-built rentals in the region fell below one per cent last year, while the average asking rent for vacant units jumped 43 per cent year over year
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Impersonators posing as homeowners linked to 32 fraud cases in Ontario and B.C.

Impersonators posing as homeowners linked to 32 fraud cases in Ontario and B.C.

Mortgage and title fraudsters who impersonate homeowners and tenants have targeted at least 32 properties in Ontario and British Columbia, investigators and official warnings suggest.
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Canfor closure of Chetwynd mill 'a kick in the gut'

Canfor closure of Chetwynd mill 'a kick in the gut'

About 200 jobs are expected to be lost as sawmill and pellet operations closed in Chetwynd; close to 300 more with temporary mill closure in Houston
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Pender Ventures raises $100M for second venture fund

Pender Ventures raises $100M for second venture fund

Firm found success investing in B.C. companies Copperleaf and Jane
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