Business

The Crossing at Belmont sold for $60 million to Killam Apartment REIT, one of Canada’s largest publicly traded real estate companies, making it the region’s top commercial sale of 2020. (Courtesy Beattie Tartan)

Top 10 list: Greater Victoria’s largest commercial sales in 2020

West Shore developments make up half of this list

  • Dec 30, 2020
The Crossing at Belmont sold for $60 million to Killam Apartment REIT, one of Canada’s largest publicly traded real estate companies, making it the region’s top commercial sale of 2020. (Courtesy Beattie Tartan)
B.C. Labour Minister Harry Bains takes questions about his decision to keep secret-ballot votes for union certification, demanded by the B.C. Green Party, B.C. legislature, Nov. 20, 2019. (Tom Fletcher/Black Press)

Trade union expansion a key goal for B.C. NDP in 2021

Union-only deals may extend to Massey crossing, others

B.C. Labour Minister Harry Bains takes questions about his decision to keep secret-ballot votes for union certification, demanded by the B.C. Green Party, B.C. legislature, Nov. 20, 2019. (Tom Fletcher/Black Press)
A worker smooths concrete at a residential housing construction site in Toronto, Thursday, Jan. 16, 2020. Consultants at BTY say construction activity could pick up next year in many provinces, amid anticipated spending on infrastructure and renewable energy.THE CANADIAN PRESS/Cole Burston

Construction spending could rebound next year amid government support, report says

Government stimulus spending could help the construction industry find its footing next year

A worker smooths concrete at a residential housing construction site in Toronto, Thursday, Jan. 16, 2020. Consultants at BTY say construction activity could pick up next year in many provinces, amid anticipated spending on infrastructure and renewable energy.THE CANADIAN PRESS/Cole Burston
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Cascadia Liquor's new Quadra Street location
Nominations are open for the 2021 Greater Victoria Business Awards, hosted by the Greater Victoria Chamber of Commerce. (Courtesy The Chamber)

Greater Victoria Chamber of Commerce kicks off 2021 award season

John Espley named Chamber Member of the Year, business category nominations open through Jan. 25

Nominations are open for the 2021 Greater Victoria Business Awards, hosted by the Greater Victoria Chamber of Commerce. (Courtesy The Chamber)
A passenger walks the halls at Montreal Trudeau Airport during the COVID-19 pandemic in Montreal, Wednesday, Dec. 23, 2020. Travel agents, with bookings down significantly this year, are digging into their roles as information providers or exploring different, less-travelled destinations in the hopes of drumming up business as the pandemic forces the industry to adapt to a new reality. THE CANADIAN PRESS/Paul Chiasson

Travel agents, squeezed by COVID-19 restrictions, adapt to a changed industry

Virtually every business that depends on travel has found itself squeezed by the lack of demand

A passenger walks the halls at Montreal Trudeau Airport during the COVID-19 pandemic in Montreal, Wednesday, Dec. 23, 2020. Travel agents, with bookings down significantly this year, are digging into their roles as information providers or exploring different, less-travelled destinations in the hopes of drumming up business as the pandemic forces the industry to adapt to a new reality. THE CANADIAN PRESS/Paul Chiasson
Shoppers take advantage of Boxing Day deals at the Rideau Centre in Ottawa, Thursday, Dec. 26, 2019. THE CANADIAN PRESS/ Patrick Doyle

Boxing Day’s shot to return to its ‘glory days’ stymied by lockdowns: Retail experts

The spending spree will likely be a ‘sad’ and ‘lacklustre’ shell of its usual self

Shoppers take advantage of Boxing Day deals at the Rideau Centre in Ottawa, Thursday, Dec. 26, 2019. THE CANADIAN PRESS/ Patrick Doyle
Summit Tiny Homes, located in Vernon, was named as a finalist for a provincial small business award. (Summit Tiny Homes)

Tiny home demand up during pandemic as people seek change

Canadians re-evaluate how they live after COVID-19

Summit Tiny Homes, located in Vernon, was named as a finalist for a provincial small business award. (Summit Tiny Homes)
Christmas decorations are displayed at a Lowe’s store Friday, Oct. 2, 2020, in Northglenn, Colo. (AP Photo/David Zalubowski)

Canadians drop average holiday shopping to $200 each as pandemic takes hit on budget

Only one-in-four Canadians said they would be exchanging gifts

  • Dec 24, 2020
Christmas decorations are displayed at a Lowe’s store Friday, Oct. 2, 2020, in Northglenn, Colo. (AP Photo/David Zalubowski)
Logs are seen in an aerial view stacked at the Interfor sawmill, in Grand Forks, B.C., Saturday, May 12, 2018. An unexpected rebound in wood product prices this month is boosting profits for Canadian forestry companies but leaving homeowners and buyers with the prospect of higher home and renovation costs in 2021. THE CANADIAN PRESS/Darryl Dyck

Wood products pricing surge expected to persist, raising 2021 house, renovation costs

Lumber prices have added as much as $30K to the construction cost of a typical 2,500-square-foot house

Logs are seen in an aerial view stacked at the Interfor sawmill, in Grand Forks, B.C., Saturday, May 12, 2018. An unexpected rebound in wood product prices this month is boosting profits for Canadian forestry companies but leaving homeowners and buyers with the prospect of higher home and renovation costs in 2021. THE CANADIAN PRESS/Darryl Dyck
The Sooke Region Chamber of Commerce hosts it AGM on Jan. 19. (Pixabay photo_
The Sooke Region Chamber of Commerce hosts it AGM on Jan. 19. (Pixabay photo_
Interim B.C. Liberal leader Shirley Bond leads debate on a bill to delay the provincial budget for a second time, at the B.C. legislature, Dec. 16, 2020. (Hansard TV)

How does the ‘British Columbia Party’ sound for 2021?

Interim B.C. Liberal leader Shirley Bond looks ahead

Interim B.C. Liberal leader Shirley Bond leads debate on a bill to delay the provincial budget for a second time, at the B.C. legislature, Dec. 16, 2020. (Hansard TV)
Shipping containers are seen at the Fairview Cove Container Terminal in Halifax on Friday, Aug. 25, 2017. THE CANADIAN PRESS/Andrew Vaughan

Statistics Canada reports economy grew 0.4 per cent in October

The increase followed growth of 0.8 per cent in September

Shipping containers are seen at the Fairview Cove Container Terminal in Halifax on Friday, Aug. 25, 2017. THE CANADIAN PRESS/Andrew Vaughan
Two of the three domes available for an outdoor dining experience during winter months at the Beach Club Resort. Each dome can seat a maximum of six patrons from the same “social bubble” and includes the use of a heater and dehumidifier. (submitted photo)
Two of the three domes available for an outdoor dining experience during winter months at the Beach Club Resort. Each dome can seat a maximum of six patrons from the same “social bubble” and includes the use of a heater and dehumidifier. (submitted photo)
Restaurant delivery services such as Skip The Dishes and Doordash have grown rapidly in the COVID-19 pandemic. (Skip The Dishes photo)

B.C. caps restaurant delivery fees at 15%, temporarily

COVID-19 emergency order takes effect Dec. 27

Restaurant delivery services such as Skip The Dishes and Doordash have grown rapidly in the COVID-19 pandemic. (Skip The Dishes photo)
Sam Baio, owner of Nelson’s Valhalla Pure Outfitters, says he’s keeping his store closed on Boxing Day due to COVID-19 crowd concerns. Photo: Tyler Harper

Wary of the pandemic, Nelson businesses opt to stay closed on Boxing Day

They say the profit isn’t worth the potential of infection

Sam Baio, owner of Nelson’s Valhalla Pure Outfitters, says he’s keeping his store closed on Boxing Day due to COVID-19 crowd concerns. Photo: Tyler Harper
B.C. Tourism Minister Melanie Mark takes questions in the B.C. legislature about months of delays to aid for tourism industry devastated by COVID-19 restrictions, Dec. 10, 2020. (Hansard TV)

B.C. diverts more COVID-19 small business relief to tourism

An extra $50 million shifted to attractions hit by travel bans

B.C. Tourism Minister Melanie Mark takes questions in the B.C. legislature about months of delays to aid for tourism industry devastated by COVID-19 restrictions, Dec. 10, 2020. (Hansard TV)
Happier days: Black Press legislature reporter Tom Fletcher talks about the outlook for 2020 with B.C. Premier John Horgan, B.C. legislature, Dec. 13, 2019. (Jen Holmwood/Premier’s Office)

Election didn’t slow down COVID-19 aid, John Horgan says

B.C. premier’s annual year-end interview with Black Press

Happier days: Black Press legislature reporter Tom Fletcher talks about the outlook for 2020 with B.C. Premier John Horgan, B.C. legislature, Dec. 13, 2019. (Jen Holmwood/Premier’s Office)
Houses are seen in an aerial view, in Langley, B.C., on Wednesday, May 16, 2018. A company that supports hundreds of credit unions across Canada predicts British Columbia’s housing market will remain healthy through 2021 as the province moves out of its COVID-19 slump. THE CANADIAN PRESS/Darryl Dyck

B.C. housing market to remain vibrant through the new year: report

The report also forecasts a firmer rental market through 2022 as economic conditions normalize

Houses are seen in an aerial view, in Langley, B.C., on Wednesday, May 16, 2018. A company that supports hundreds of credit unions across Canada predicts British Columbia’s housing market will remain healthy through 2021 as the province moves out of its COVID-19 slump. THE CANADIAN PRESS/Darryl Dyck
Jobs Minister Ravi Kahlon speaks in the B.C. legislature, describing work underway to make a small business and tourism aid package less restrictive, Dec. 10, 2020. (Hansard TV)

B.C. eases rules for COVID-19 small business, tourism relief

30% loss of sales at time of application now qualifies

Jobs Minister Ravi Kahlon speaks in the B.C. legislature, describing work underway to make a small business and tourism aid package less restrictive, Dec. 10, 2020. (Hansard TV)
CORE Landscape Products’ work at a California home. Photo by Jessica Bodas Photography

Island’s CORE featured Dec. 28 on Celebrity IOU with Justin Hartley

Comox eco-landscaping firm also on Property Brothers’ spinoff again with ‘American royalty’

CORE Landscape Products’ work at a California home. Photo by Jessica Bodas Photography