Top Stories

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.

Jan 27, 2023 10:47 AM Read more >

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.

Jan 27, 2023 8:12 AM Read more >

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.

Jan 27, 2023 7:33 AM Read more >

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

Home resale activity is showing signs of stabilizing after dropping to low levels

Jan 26, 2023 2:24 PM Read more >

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

Jan 26, 2023 10:56 AM Read more >

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.

Jan 26, 2023 7:06 AM Read more >

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

Jan 26, 2023 7:01 AM Read more >

Pender Ventures raises $100M for second venture fund

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

Jan 25, 2023 4:00 PM Read more >

Border agencies in Canada, U.S. detail how new Nexus trusted-traveller plan will work

WASHINGTON — Canada and the United States are laying out the details of their new bilateral workaround for the Nexus trusted-traveller system. The biggest change, to take effect in the spring, will allow U.S.

Jan 25, 2023 2:31 PM Read more >

Here's what another Bank of Canada rate hike means for Canadians

TORONTO — The Bank of Canada hiked its key interest rate by a quarter of a percentage point Wednesday, bringing it to 4.5 per cent — the highest it's been since 2007.

Jan 25, 2023 12:46 PM Read more >