Business

(Pixabay.com)

Loan 101: What’s a HELOC?

Unlike a conventional home equity loan, a HELOC doesn’t give borrowers the full amount upfront

(Pixabay.com)
A ground worker wearing a face mask to curb the spread of COVID-19 unloads lobsters from a WestJet Airlines flight at Vancouver International Airport. THE CANADIAN PRESS/Darryl Dyck

More than 500 WestJet employees unionize in Vancouver and Calgary

Workers said a change in workplace culture after the airline’s sale was a big part of the organization efforts

A ground worker wearing a face mask to curb the spread of COVID-19 unloads lobsters from a WestJet Airlines flight at Vancouver International Airport. THE CANADIAN PRESS/Darryl Dyck
B.C. restaurants are slated to reopen to indoor dining for the first time in nearly a month Tuesday, May 25. (Unsplash)

B.C. restaurants gearing up to welcome patrons indoors Tuesday

‘Restrictions end at midnight Monday so service Tuesday will be wide open,’ says B.C. Restaurant and Foodservices president

B.C. restaurants are slated to reopen to indoor dining for the first time in nearly a month Tuesday, May 25. (Unsplash)
Rail shipment of lumber from B.C.’s Interior. (Black Press Media files)

Despite shortage, U.S. moves to double some Canadian lumber duties

B.C. industry says American builders, home buyers will pay

Rail shipment of lumber from B.C.’s Interior. (Black Press Media files)
Holland America Volendam carries passengers from Seattle to Ketchikan, Alaska for scenic tours. A 19th century U.S. shipping law has required foreign vessels to stop at a B.C. port in between. (Holland America Line)

Seattle-Alaska cruise ships gear up to bypass B.C. ports this summer

Ottawa’s COVID-19 ban until March 2022 pushes U.S. to act

Holland America Volendam carries passengers from Seattle to Ketchikan, Alaska for scenic tours. A 19th century U.S. shipping law has required foreign vessels to stop at a B.C. port in between. (Holland America Line)
B.C. Jobs Minister Ravi Kahlon announces formation of a new Crown corporation called InBC to manage $500 million in public funds to help startup companies expand, B.C. legislature, April 27, 2021. (B.C. government photo)

Opposition questions B.C.’s ‘people-planet-profit’ investment fund

Low investment returns, high tax rates for entrepreneurs cited

B.C. Jobs Minister Ravi Kahlon announces formation of a new Crown corporation called InBC to manage $500 million in public funds to help startup companies expand, B.C. legislature, April 27, 2021. (B.C. government photo)
Livestock competitions have been part of the Pacific National Exhibiton for more than a century. (Maple Ridge News files)

B.C. provides $50 million to keep major tourist attractions going

Tour bus companies also eligible for latest COVID-19 aid

Livestock competitions have been part of the Pacific National Exhibiton for more than a century. (Maple Ridge News files)
Relief is coming for B.C.’s struggling tourism sector. (NEWS file photo)

B.C. officials set to announce more support for tourism sector hit hard by pandemic

Non-essential travel is restricted between three regional zones in B.C. until at least May 24

Relief is coming for B.C.’s struggling tourism sector. (NEWS file photo)
Vincent Doumeizel, senior advisor at the United Nations Global Compact on Oceans, as well as director for the Food Programme for the Lloyd’s Register Foundation, pulls up some sugar kelp seaweed off the French coast in April 2020. He was the keynote speaker during the opening ceremony of the inaugural Seaweed Days Festival. (Vincent Doumeizel/Submitted)

Let’s hear it for seaweed: slimy, unsexy and the world’s greatest untapped food source

Experts talks emerging industry’s challenges and potential at Sidney inaugural Seawood Days Festival

Vincent Doumeizel, senior advisor at the United Nations Global Compact on Oceans, as well as director for the Food Programme for the Lloyd’s Register Foundation, pulls up some sugar kelp seaweed off the French coast in April 2020. He was the keynote speaker during the opening ceremony of the inaugural Seaweed Days Festival. (Vincent Doumeizel/Submitted)
A home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick

CREA says April home sales down 12.5 per cent from record high set in March

The actual national average home price was a little under $696,000 in April

A home is displayed for sale in a new housing development in Ottawa on Tuesday, July 14, 2020. THE CANADIAN PRESS/Sean Kilpatrick
CubicFarms have announced the addition of Janet Wood to its board of directors. (Special to The News)

Pitt Meadows/ Langley grow tech business names new member to board of directors

Janet Wood will join the agricultural firm after a brief stint as pres and CEO of Science World

  • May 16, 2021
CubicFarms have announced the addition of Janet Wood to its board of directors. (Special to The News)
Greyhound Canada is permanently cutting all bus routes across the country, shutting down the intercity bus carrier’s operations in Canada after nearly a century of service. (Bloomberg/Daniel Acker)

Greyhound to cut all bus routes, shutdown operations in Canada

Once the border reopens, American affiliate Greyhound Lines Inc. will continue to operate cross-border routes to Vancouver, Toronto and Montreal

Greyhound Canada is permanently cutting all bus routes across the country, shutting down the intercity bus carrier’s operations in Canada after nearly a century of service. (Bloomberg/Daniel Acker)
New homes are built in a housing construction development in the west-end of Ottawa on Thursday, May 6, 2021. THE CANADIAN PRESS/Sean Kilpatrick

Budget’s foreign-homebuyers tax could bring in $509 million over 4 years, PBO says

Liberals are proposing a one per cent tax on vacant homes owned by foreign non-residents

New homes are built in a housing construction development in the west-end of Ottawa on Thursday, May 6, 2021. THE CANADIAN PRESS/Sean Kilpatrick
Serial Number: 1. This Tesla Model 3 goes to CEO Elon Musk. (MUST CREDIT: Tesla)

Crash, arrest draw more scrutiny of Tesla Autopilot system

Tesla’s partially automated driving system has been involved in multiple crashes that have resulted in at least 3 U.S. deaths

Serial Number: 1. This Tesla Model 3 goes to CEO Elon Musk. (MUST CREDIT: Tesla)
Lumber is shown in the back of a van in this recent image provided by the Saskatoon Police Service. The skyrocketing prices for lumber is fuelling a trend that has authorities across the country warning builders to keep their guard up. THE CANADIAN PRESS/HO-Saskatoon Police Service-Const. Derek Chesney *MANDATORY CREDIT*

‘It is a gold mine:’ Builders warned of rising lumber thefts across Canada

Many North American mills curtailed production temporarily earlier in 2020 because of COVID lockdowns

Lumber is shown in the back of a van in this recent image provided by the Saskatoon Police Service. The skyrocketing prices for lumber is fuelling a trend that has authorities across the country warning builders to keep their guard up. THE CANADIAN PRESS/HO-Saskatoon Police Service-Const. Derek Chesney *MANDATORY CREDIT*
Abbotsford International Airport. (Black Press Media files)

Federal government unlocks $740 million in relief for airports

About $490 million of that windfall is bound for large airports to put toward critical infrastructure such as runway repairs and transit stations

Abbotsford International Airport. (Black Press Media files)
B.C. Labour Minister Harry Bains in the B.C. legislature, May 13, 2019. (Hansard TV)

VIDEO: B.C. to provide 3 days of sick pay for COVID-19 absences

Province will support employers on cost, labour minister says

B.C. Labour Minister Harry Bains in the B.C. legislature, May 13, 2019. (Hansard TV)
Gord Judson steers his log truck down a forest service road, using two-way radio and call signals to mark his position for oncoming traffic. (B.C. Forest Safety Council)

Planning some B.C. wilderness fishing? Don’t catch a log truck

Remote recreation areas bracing for heavy pandemic pressure

Gord Judson steers his log truck down a forest service road, using two-way radio and call signals to mark his position for oncoming traffic. (B.C. Forest Safety Council)
Amazon is pausing its Prime Day marketing event in Canada this year amid ongoing COVID-19 outbreaks at its facilities in Ontario. THE CANADIAN PRESS/Nathan Denette

Amazon Prime Day halted in Canada due to COVID-19 outbreaks in warehouses

The event was postponed to protect the health and safety of employees and customers, the company says

Amazon is pausing its Prime Day marketing event in Canada this year amid ongoing COVID-19 outbreaks at its facilities in Ontario. THE CANADIAN PRESS/Nathan Denette
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.’s latest COVID-19 restrictions cost thousands of service jobs

Part-time workers set back again by spike in virus spread

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)