Business

Parliamentary Budget Officer Yves Giroux waits to appear before the Commons finance committee on Parliament Hill in Ottawa on March 10, 2020. THE CANADIAN PRESS/Adrian Wyld

Budget officer says federal wage-subsidy program may cost more this year than planned

Parliamentary budget officer Yves Giroux’s office says the figure for this year could be closer to $85.5 billion

Parliamentary Budget Officer Yves Giroux waits to appear before the Commons finance committee on Parliament Hill in Ottawa on March 10, 2020. THE CANADIAN PRESS/Adrian Wyld
A kitten plays with the drawstrings on a sweatshirt as folks take part in Yoga with Cats on Mats at the Chilliwack Animal Safe Haven on Saturday. (Jenna Hauck/ The Progress)

‘Low-intensity’ indoor fitness OK under B.C.’s revised COVID-19 orders

Light weightlifting, pilates, hatha yoga, low-intensity barre classes

A kitten plays with the drawstrings on a sweatshirt as folks take part in Yoga with Cats on Mats at the Chilliwack Animal Safe Haven on Saturday. (Jenna Hauck/ The Progress)
B.C. Public Safety Minister Mike Farnworth defends government actions in the legislature, Feb. 19, 2020. (Hansard TV)

ICBC applies for 15% rate decrease as lawyers pushed out

Resolution tribunal to determine most injury awards

B.C. Public Safety Minister Mike Farnworth defends government actions in the legislature, Feb. 19, 2020. (Hansard TV)
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Robin Round, owner of the Valley’s Botanical Bliss Products, said the province’s decision to bar vendors selling non-food products from outdoor markets as a safety precaution during the COVID-19 pandemic is crushing her business, and others as well. (Robert Barron/Citizen)

Non-food vendors ‘destroyed’ by banishment from B.C. farmers’ markets

‘They are…discriminating against the smallest of B.C. businesses under the guise of protecting us’

Robin Round, owner of the Valley’s Botanical Bliss Products, said the province’s decision to bar vendors selling non-food products from outdoor markets as a safety precaution during the COVID-19 pandemic is crushing her business, and others as well. (Robert Barron/Citizen)
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. tourism calls for ‘bridge’ relief to recover from COVID-19

Task force asks province for $95 million emergency fund

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)
Bank of Canada Governor Tiff Macklem and Senior Deputy Governor of the Bank of Canada Carolyn Wilkins are seen during a news conference in Ottawa, Wednesday, July 15, 2020. The Bank of Canada will deliver a rate announcement today with observers watching if news about vaccines gives a shot in the arm to the bank’s outlook on the economy. THE CANADIAN PRESS/Adrian Wyld

Bank of Canada keeps key interest rate target on hold at 0.25%

The announcement marks the interest last rate decision the central bank will make this year

Bank of Canada Governor Tiff Macklem and Senior Deputy Governor of the Bank of Canada Carolyn Wilkins are seen during a news conference in Ottawa, Wednesday, July 15, 2020. The Bank of Canada will deliver a rate announcement today with observers watching if news about vaccines gives a shot in the arm to the bank’s outlook on the economy. THE CANADIAN PRESS/Adrian Wyld
B.C. NDP finance critic Mike Bernier speaks in the legislature, Feb. 13, 2020. (Hansard TV)

Big holes in NDP’s COVID-19 Christmas bonus plan, B.C. Liberal says

Applications based on 2019 income, late budget delays further aid

B.C. NDP finance critic Mike Bernier speaks in the legislature, Feb. 13, 2020. (Hansard TV)
B.C. Finance Minister Selina Robinson presents bill to delay B.C.’s budget as late as April 30, and allow further spending before that, B.C. legislature, Dec. 8, 2020. (Hansard TV)

B.C. delays 2021 budget, moves to borrow more for COVID-19

$1,000 family benefit coming, online applications open Dec. 18

B.C. Finance Minister Selina Robinson presents bill to delay B.C.’s budget as late as April 30, and allow further spending before that, B.C. legislature, Dec. 8, 2020. (Hansard TV)
A customer shops at a meat counter in a grocery store in Montreal, on April 30, 2020. The average Canadian family will pay up to an extra $695 for food next year, as the pandemic, wildfires and changing consumer habits drive up grocery bills to the highest ever increase predicted by an annual food price report. THE CANADIAN PRESS/Paul Chiasson

Canadian families will pay up to $695 more a year for groceries in 2021, report says

Vegetables could be particularly hard hit, with prices expected to jump as much as 6.5 per cent

A customer shops at a meat counter in a grocery store in Montreal, on April 30, 2020. The average Canadian family will pay up to an extra $695 for food next year, as the pandemic, wildfires and changing consumer habits drive up grocery bills to the highest ever increase predicted by an annual food price report. THE CANADIAN PRESS/Paul Chiasson
A woman uses her computer keyboard to type while surfing the internet in North Vancouver, B.C. THE CANADIAN PRESS/Jonathan Hayward
A woman uses her computer keyboard to type while surfing the internet in North Vancouver, B.C. THE CANADIAN PRESS/Jonathan Hayward
A woman in a face mask exits Le Chateau at Guildford Town Centre in Surrey, B.C., Friday, Dec. 4, 2020. The clothing store is going out of business amid the global COVID-19 pandemic. THE CANADIAN PRESS/Marissa Tiel

Pandemic shutdowns the last straw for some Canadian retailers, push others to brink

Some retail chains went into 2020 already saddled with massive debt and too many stores

A woman in a face mask exits Le Chateau at Guildford Town Centre in Surrey, B.C., Friday, Dec. 4, 2020. The clothing store is going out of business amid the global COVID-19 pandemic. THE CANADIAN PRESS/Marissa Tiel
(The Canadian Press)

Canadians have some domestic options to invest in COVID buzz, says biotech CEO

Relatively few Canadians do invest in U.S. biopharma, according to financial data firm Refinitiv

(The Canadian Press)
B.C. NDP leader John Horgan releases his election platform, Vancouver, Oct. 6, 2020, featuring COVID-19 relief payments promised for most households. (B.C. NDP photo)

Next $1.5 billion in B.C. COVID-19 cash ‘prudent,’ Horgan says

New round of payments for household incomes up to $175,000

B.C. NDP leader John Horgan releases his election platform, Vancouver, Oct. 6, 2020, featuring COVID-19 relief payments promised for most households. (B.C. NDP photo)
The real estate market in Maple Ridge and Pitt Meadows continued to be hot through November. (Black Press files)

Real estate market stayed hot through November

Maple Ridge/Pitt Meadows market among the region’s busiest

The real estate market in Maple Ridge and Pitt Meadows continued to be hot through November. (Black Press files)
A masked worker walks behind a hiring sign on his way into the Dover Cliffs long term care home in Port Dover, Ont., Friday, Nov. 13, 2020. Statistics Canada will say this morning how Canada’s job market fared last month as COVID-19 case counts rose along with a new round of public health restrictions. THE CANADIAN PRESS/Frank Gunn

Pace of job gains slows to 62,000 in November, Statistics Canada says

The unemployment rate fell to 8.5 per cent compared with 8.9 per cent in October

A masked worker walks behind a hiring sign on his way into the Dover Cliffs long term care home in Port Dover, Ont., Friday, Nov. 13, 2020. Statistics Canada will say this morning how Canada’s job market fared last month as COVID-19 case counts rose along with a new round of public health restrictions. THE CANADIAN PRESS/Frank Gunn
A coal-fired power plant seen through dense smog from the window of an electric bullet train south of Beijing, December 2016. China has continued to increase thermal coal production and power generation, adding to greenhouse gas emissions that are already the world’s largest. (Tom Fletcher/Black Press)

LNG featured at B.C. energy industry, climate change conference

Hydrogen, nuclear, carbon capture needed for Canada’s net-zero goal

A coal-fired power plant seen through dense smog from the window of an electric bullet train south of Beijing, December 2016. China has continued to increase thermal coal production and power generation, adding to greenhouse gas emissions that are already the world’s largest. (Tom Fletcher/Black Press)
B.C. Premier John Horgan on a conference call with religious leaders from his B.C. legislature office, Nov. 18, 2020, informing them in-person church services are off until further notice. (B.C. government)

B.C. tourism relief coming soon, Premier John Horgan says

Industry leaders to report on their urgent needs next week

B.C. Premier John Horgan on a conference call with religious leaders from his B.C. legislature office, Nov. 18, 2020, informing them in-person church services are off until further notice. (B.C. government)
A logo for Netflix on a remote control is seen in Portland, Ore.,Aug. 13, 2020. Experts in taxation and media say a plan announced Monday by the government will ultimately add to the cost of digital services and goods sold by foreign companies. THE CANADIAN PRESS/AP-Jenny Kane

‘Netflix tax’ for digital media likely to raise prices for consumers, experts say

The government says Canadian companies already collect those taxes when they make digital sales

A logo for Netflix on a remote control is seen in Portland, Ore.,Aug. 13, 2020. Experts in taxation and media say a plan announced Monday by the government will ultimately add to the cost of digital services and goods sold by foreign companies. THE CANADIAN PRESS/AP-Jenny Kane
RE/MAX is predicting Maple Ridge and Pitt Meadows to be among the hottest real estate markets in the Lower Mainland in 2021. (Special to The News)
RE/MAX is predicting Maple Ridge and Pitt Meadows to be among the hottest real estate markets in the Lower Mainland in 2021. (Special to The News)
Flori Chaykowski of the Chamber of Commerce. (Neil Corbett/The News)

Shopping local more important than ever: Chamber

Pandemic putting small businesses in Maple Ridge and Pitt Meadows at risk

Flori Chaykowski of the Chamber of Commerce. (Neil Corbett/The News)