Business

Carbon Engineering’s pilot project at Squamish B.C. began in 2018, extracting carbon dioxide from air to convert to liquid fuel. (Carbon Engineering)

B.C. VOTES 2020: NDP promises carbon neutral province by 2050

Trans Mountain lays first B.C. pipe, LNG Canada continues

Carbon Engineering’s pilot project at Squamish B.C. began in 2018, extracting carbon dioxide from air to convert to liquid fuel. (Carbon Engineering)
Unifor President Jerry Dias takes a question from a journalist after announcing a three-year labour agreement with the Ford Motor Company at a news conference in Toronto on Tuesday, September 22, 2020. THE CANADIAN PRESS/Chris Young

Airline unions call on Trudeau for $7 billion in loans for ailing industry

Travel restrictions and dried-up demand continue to take a toll on the airline and tourism industries

Unifor President Jerry Dias takes a question from a journalist after announcing a three-year labour agreement with the Ford Motor Company at a news conference in Toronto on Tuesday, September 22, 2020. THE CANADIAN PRESS/Chris Young
The City of Langford is launching a new “Taste of Langford” campaign to help support local eateries. It’s an extension of the city’s “I am Langford” initiative. (Black Press Media file photo)

Langford launches new campaign to support local eateries

Participating eateries will introduce a new dish and a discount

The City of Langford is launching a new “Taste of Langford” campaign to help support local eateries. It’s an extension of the city’s “I am Langford” initiative. (Black Press Media file photo)
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Five things to watch for in Canadian Business, week of June 22nd
Five things to watch for in Canadian business, week of May 25th
Five things to watch for in Canadian business, week of May 18th
Cascadia Liquor's new Quadra Street location
B.C.’s carbon tax is the highest in Canada, collected by businesses along with motor fuel tax, provincial sales tax and hotel tax. (Black Press Media)

B.C. VOTES 2020: Businesses now owe $6 billion in deferred tax payments

COVID-19 relief from remittance to province ends with September

B.C.’s carbon tax is the highest in Canada, collected by businesses along with motor fuel tax, provincial sales tax and hotel tax. (Black Press Media)
A Mountain Equipment Coop, MEC, sign is seen on a store front in Montreal on Tuesday, June 18, 2019. THE CANADIAN PRESS/Paul Chiasson

Struggling outdoor equipment retailer MEC opposes efforts to pause sale to Kingswood

MEC said it’s urgent for the sale to close before the retailer sees ‘significant weekly cash flow losses’

A Mountain Equipment Coop, MEC, sign is seen on a store front in Montreal on Tuesday, June 18, 2019. THE CANADIAN PRESS/Paul Chiasson
Pedestrians walk past a Deloitte sign in downtown Ottawa on Tuesday, September 20, 2011. THE CANADIAN PRESS/Sean Kilpatrick

Hiring marginalized workers could jump-start economy, boost incomes by $5K: Deloitte

The report, which looks to predict Canada’s economy in 2030, suggests that the country will need more workers

Pedestrians walk past a Deloitte sign in downtown Ottawa on Tuesday, September 20, 2011. THE CANADIAN PRESS/Sean Kilpatrick
B.C. Liberal leader Andrew Wilkinson, a former doctor, doffs his facemask in the medical fashion before a campaign announcement in Vancouver, Sept. 26. (Darryl Dyck/The Canadian Press)

B.C. VOTES 2020: Echoes of HST in B.C. debate over sales tax

Cannabis, tobacco, luxury cars still taxed in B.C. Liberal plan

B.C. Liberal leader Andrew Wilkinson, a former doctor, doffs his facemask in the medical fashion before a campaign announcement in Vancouver, Sept. 26. (Darryl Dyck/The Canadian Press)
The owners of Sheringham Distillery Jason and Alayne MacIsaac. Sheringham Distillery won the coveted gold award for Product of the Year at the B.C. Food and Beverage Awards on Sept. 24. (Don Denton – Black Press Media)

Sooke’s Sheringham Distillery wins gold award

Local business wins Product of Year at B.C. Food and Beverage Awards

The owners of Sheringham Distillery Jason and Alayne MacIsaac. Sheringham Distillery won the coveted gold award for Product of the Year at the B.C. Food and Beverage Awards on Sept. 24. (Don Denton – Black Press Media)
B.C. Liberal leader speaks at a campaign event with local candidates, Richmond B.C., Sept. 28, 2020. (B.C. Liberal Party)

B.C. VOTES 2020: B.C. Liberals vow to eliminate sales tax for a year

From 7% to zero, then back in at 3% to stimulate economy

B.C. Liberal leader speaks at a campaign event with local candidates, Richmond B.C., Sept. 28, 2020. (B.C. Liberal Party)
FILE – Gondolas at Lake Louise ski resort in Lake Louise, Alta., Saturday, Nov. 24, 2018. THE CANADIAN PRESS/Jeff McIntosh

Canadian ski resorts wrestle with pandemic-vs.-profit dilemma as COVID-19 persists

Few are actually restricting the total number of skiers they allow on the hill

FILE – Gondolas at Lake Louise ski resort in Lake Louise, Alta., Saturday, Nov. 24, 2018. THE CANADIAN PRESS/Jeff McIntosh
Kennedy Nikel, applied marine biologist at Cascadia Seaweed, shows off bull kelp (in her left hand) and rock weed. The company is not only developing seaweed-based food products, but also other applications. Nikel, for example, is studying the use of seaweed to cut methane gas emissions from cows. (Wolf Depner/News Staff)

Sidney’s Cascadia Seaweed hopes to float to the top of a growing industry

Food products based on seaweed could hit local shelves in spring 2021

Kennedy Nikel, applied marine biologist at Cascadia Seaweed, shows off bull kelp (in her left hand) and rock weed. The company is not only developing seaweed-based food products, but also other applications. Nikel, for example, is studying the use of seaweed to cut methane gas emissions from cows. (Wolf Depner/News Staff)
Tents where approximately 150 people were camped at a parking lot on Port of Vancouver property adjacent to Crab Park, in Vancouver, B.C., Wednesday, June 10, 2020. The encampment was set up after a tent city at Oppenheimer Park was shut down due to concerns about COVID-19. THE CANADIAN PRESS/Darryl Dyck

B.C. VOTES 2020: Speculation tax misses speculators, B.C. Liberals say

Andrew Wilkinson, John Horgan clash over housing costs, solutions

Tents where approximately 150 people were camped at a parking lot on Port of Vancouver property adjacent to Crab Park, in Vancouver, B.C., Wednesday, June 10, 2020. The encampment was set up after a tent city at Oppenheimer Park was shut down due to concerns about COVID-19. THE CANADIAN PRESS/Darryl Dyck
A flight arrives at Vancouver International Airport in Richmond, B.C. Wednesday, March 18, 2020. THE CANADIAN PRESS/Jonathan Hayward

Airlines demand ‘concrete plan’ for financial aid after throne speech hints at relief

Canadian airline revenues in 2020 will fall by $14.6 billion or 43 per cent from last year

A flight arrives at Vancouver International Airport in Richmond, B.C. Wednesday, March 18, 2020. THE CANADIAN PRESS/Jonathan Hayward
Oxford Foods, for decades a fixture in Victoria’s Cook Street Village neighbourhood, has been sold. The new owners, The Root Cellar Green Grocer, take over the space Dec. 1 and are expected to do a complete renovation of the building’s interior and exterior. (Don Descoteau/News staff)

Cook Street Village grocery icon closing, new owners plan major renovation

Louie family has operated Oxford Foods and predecessor for five decades at Cook and Oxford streets

Oxford Foods, for decades a fixture in Victoria’s Cook Street Village neighbourhood, has been sold. The new owners, The Root Cellar Green Grocer, take over the space Dec. 1 and are expected to do a complete renovation of the building’s interior and exterior. (Don Descoteau/News staff)
Lumber prices soared to a record price in September across North America. Along with increased demand, Canada also reported a lumber shortage. Black Press file photo

Lumber hitting record-high prices as supply lags behind demand

B.C.’s forest industry hasn’t been able to keep pace with the COVID-19 building boom

Lumber prices soared to a record price in September across North America. Along with increased demand, Canada also reported a lumber shortage. Black Press file photo
Sooke Mayor Maja Tait, outgoing president of the Union of B.C. Municipalities, speaks to the video-conference session on member resolutions for the provincial government, Victoria, Sept. 23, 2020. (UBCM)

‘Show us the money’ for cannabis, local governments tell B.C.

Municipal tax, transit revenues falling as costs rise

Sooke Mayor Maja Tait, outgoing president of the Union of B.C. Municipalities, speaks to the video-conference session on member resolutions for the provincial government, Victoria, Sept. 23, 2020. (UBCM)
People wear costumes at a house decorated for Halloween in Walschleben near Erfurt, Germany, Thursday, Oct. 31, 2019. THE CANADIAN PRESS/AP/Jens Meyer

With trick-or-treating in doubt, experts say Halloween sales could be weak

Halloween sales could also serve as an indicator for what retailers might expect this Christmas

People wear costumes at a house decorated for Halloween in Walschleben near Erfurt, Germany, Thursday, Oct. 31, 2019. THE CANADIAN PRESS/AP/Jens Meyer
B.C. Liberal leader Andrew Wilkinson speaks to Union of B.C. Municipalities delegates by video conference, Victoria, Sept. 23, 2020. (UBCM)

People ‘disgusted’ by COVID-19 election call, B.C. Liberal leader says

Andrew Wilkinson speaks to municipal leaders from Victoria

B.C. Liberal leader Andrew Wilkinson speaks to Union of B.C. Municipalities delegates by video conference, Victoria, Sept. 23, 2020. (UBCM)
The Ottawa headquarters of Canadian e-commerce company Shopify are pictured on Wednesday, May 29, 2019. THE CANADIAN PRESS/Justin Tang

Shopify says two ‘rogue’ employees involved in data breach to obtain customer records

Shopify says it doesn’t have evidence at this point in the investigation that the data was used

The Ottawa headquarters of Canadian e-commerce company Shopify are pictured on Wednesday, May 29, 2019. THE CANADIAN PRESS/Justin Tang
Investing in the busy real estate market of southern Vancouver Island and surrounding areas. New listings and sold signs can be seen around Victoria, B.C., on June 1, 2018. THE CANADIAN PRESS/Chad Hipolito

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

Investing in the busy real estate market of southern Vancouver Island and surrounding areas. New listings and sold signs can be seen around Victoria, B.C., on June 1, 2018. THE CANADIAN PRESS/Chad Hipolito