Business

Business groups have been advocating for years that local approvals for construction in B.C. are too long and restricted, and that B.C.’s outdates sales tax deter business investment. (Black Press Media file photo)

B.C. residents worried about COVID-19 deficit, business survey finds

Respondents support faster local approvals, value added tax

Business groups have been advocating for years that local approvals for construction in B.C. are too long and restricted, and that B.C.’s outdates sales tax deter business investment. (Black Press Media file photo)
A cleaner wipes a glass panel at Toronto’s Eaton Centre Shopping mall on Saturday, March 21, 2020. The national statistics office will say this morning how much the domestic economy bounced back in the third quarter of the year. The Canadian economy suffered its worst three-month stretch on record in the second quarter as the economy came to a near halt in April before starting to recover in May and June. THE CANADIAN PRESS/Chris Young
A cleaner wipes a glass panel at Toronto’s Eaton Centre Shopping mall on Saturday, March 21, 2020. The national statistics office will say this morning how much the domestic economy bounced back in the third quarter of the year. The Canadian economy suffered its worst three-month stretch on record in the second quarter as the economy came to a near halt in April before starting to recover in May and June. THE CANADIAN PRESS/Chris Young
Kootenay East MLA Tom Shypitka takes over as energy and mines critic for the B.C. Liberal opposition. Kelowna-Lake Country MLA Norm Letnick (right) moves from health critic to assistant deputy speaker. (Hansard TV)

B.C. Liberals pick critics to take on Horgan’s NDP majority

Interim leader Shirley Bond takes seniors, long-term care

Kootenay East MLA Tom Shypitka takes over as energy and mines critic for the B.C. Liberal opposition. Kelowna-Lake Country MLA Norm Letnick (right) moves from health critic to assistant deputy speaker. (Hansard TV)
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A real estate sold sign is shown outside a house in Vancouver, Tuesday, Jan. 3, 2017. nbsp;Real estate brokerage Royal LePage says home prices are increasing in Canada’s cottage country, as more buyers look to move there full-time. THE CANADIAN PRESS/Jonathan Hayward

Home prices rise in cottage country amid demand from remote workers, retirees

The data from Royal LePage comes amid an overall uptick in home prices this year,

A real estate sold sign is shown outside a house in Vancouver, Tuesday, Jan. 3, 2017. nbsp;Real estate brokerage Royal LePage says home prices are increasing in Canada’s cottage country, as more buyers look to move there full-time. THE CANADIAN PRESS/Jonathan Hayward
B.C. Finance Minister Carole James and Premier John Horgan announce $5 billion emergency fund for COVID-19 unemployment and other relief, B.C. legislature, March 23, 2020. (B.C. government)

Carole James stays on to advise B.C. Premier John Horgan

Retired finance minister to earn a dollar a year

B.C. Finance Minister Carole James and Premier John Horgan announce $5 billion emergency fund for COVID-19 unemployment and other relief, B.C. legislature, March 23, 2020. (B.C. government)
Developers are moving mountains to create a new heli park at Pitt Meadows Airport (Neil Corbett/The News)

New infrastructure at Pitt Meadows Airport

Rebuilt terminal building one of many projects at YPK

Developers are moving mountains to create a new heli park at Pitt Meadows Airport (Neil Corbett/The News)
The new business park at 12835 Lilley Drive in East Maple Ridge has five live/work units on site. (Ronan O’Doherty/ The News)

Maple Ridge’s newest business park tries to set itself apart from competition

More live-work units, green features make it more than a concrete box, developer says

The new business park at 12835 Lilley Drive in East Maple Ridge has five live/work units on site. (Ronan O’Doherty/ The News)
Pedestrians stroll along Spring Garden Road in Halifax on Thursday, Nov. 19, 2020. A new retail shopping event has arrived, encouraging consumers to support local, independent businesses during the holiday season. THE CANADIAN PRESS/Andrew Vaughan

‘Nightmare on Main Street:’ After a tough year, campaign urges consumers to buy local

Only 38 per cent of retail businesses are reaching their usual sales levels

Pedestrians stroll along Spring Garden Road in Halifax on Thursday, Nov. 19, 2020. A new retail shopping event has arrived, encouraging consumers to support local, independent businesses during the holiday season. THE CANADIAN PRESS/Andrew Vaughan
Capri Bakery Bistro’s Daneile Atte is hoping the economic bounce-back from the COVID-19 slow down comes soon. (Ronan O’Doherty/The News)

Signs of hope for local economic recovery from COVID-19

Maple Ridge and Pitt Meadows stakeholders discuss the road back to normalcy for local businesses

Capri Bakery Bistro’s Daneile Atte is hoping the economic bounce-back from the COVID-19 slow down comes soon. (Ronan O’Doherty/The News)
A big job: Former forests minister Doug Donaldson stands before a 500-year-old Douglas fir in Saanich to announce preservation of some of B.C.’s oldest trees, July 2019. (B.C. government)

B.C. returning to ‘stand-alone’ forests, rural development ministry

Horgan says Gordon Campbell’s super-ministry doesn’t work

A big job: Former forests minister Doug Donaldson stands before a 500-year-old Douglas fir in Saanich to announce preservation of some of B.C.’s oldest trees, July 2019. (B.C. government)
Shoppers line up in front of a shop on Montreal’s Saint-Catherine Street in search of Black Friday deals in Montreal, Friday, Nov. 27, 2020. THE CANADIAN PRESS/Paul Chiasson

Black Friday shopping in a pandemic: COVID-19 closes some stores, sales move online

Eric Morris, head of retail at Google Canada, says e-commerce in Canada has doubled during the pandemic.

Shoppers line up in front of a shop on Montreal’s Saint-Catherine Street in search of Black Friday deals in Montreal, Friday, Nov. 27, 2020. THE CANADIAN PRESS/Paul Chiasson
The real estate market still reflects unique traits that bode well for the future, say local realtors. (The News file)

OUTLOOK: An ‘unprecedented’ housing market maintains strong outlook

Pandemic has had reverse impact on the real estate market

The real estate market still reflects unique traits that bode well for the future, say local realtors. (The News file)
Emma Davison, one half of Golden Ears Cheesecrafters in Maple Ridge, reflects on running her business in the year of COVID-19. (Scott Saunders/Special to The News)

OUTLOOK: Buying local imperative to agriculture businesses

Farmgate companies adapt to survive during early months of pandemic

Emma Davison, one half of Golden Ears Cheesecrafters in Maple Ridge, reflects on running her business in the year of COVID-19. (Scott Saunders/Special to The News)
Shoppers carry bags as they cross a street in San Francisco, Nov. 29, 2019. THE CANADIAN PRESS/AP-Jeff Chiu

‘A captive market:’ U.S. border closure keeps Black Friday shoppers in Canada

Black Friday originated in the United States as a post-Thanksgiving shopping event

Shoppers carry bags as they cross a street in San Francisco, Nov. 29, 2019. THE CANADIAN PRESS/AP-Jeff Chiu
Barrels pictured outside Oliver winery, Quinta Ferreira, in May. (Phil McLachlan - Black Press Media)

B.C. Master of Wine reflects on industry’s teetering economic state

Pandemic, for some wine makers, has been a blessing in disguise. For others, not so much.

Barrels pictured outside Oliver winery, Quinta Ferreira, in May. (Phil McLachlan - Black Press Media)
Minister of International Trade Mary Ng participates in a news conference on the Canada-United Kingdom Trade Continuity Agreement in Ottawa, on Saturday, Nov. 21, 2020. The federal government says American duties on Canadian softwood lumber exports continue to be “unfair” and “unjustified,” even if they have been reduced. THE CANADIAN PRESS/Justin Tang

Despite reduction, Canada calls U.S. softwood lumber duties ‘unfair,’ ‘unjustified’

U.S. producers have long taken issue with Canada’s system of provincially regulated stumpage fees

Minister of International Trade Mary Ng participates in a news conference on the Canada-United Kingdom Trade Continuity Agreement in Ottawa, on Saturday, Nov. 21, 2020. The federal government says American duties on Canadian softwood lumber exports continue to be “unfair” and “unjustified,” even if they have been reduced. THE CANADIAN PRESS/Justin Tang
A Purolator driver wears a mask as he makes deliveries in Toronto on March 24, 2020. With online sales set to hit record highs this year, Statistics Canada says that wholesalers, rather than retailers, have benefited most from the trend toward online shopping. Statistics Canada says $85 billion of Canada’s $305 billion in online sales last year went to wholesalers, while transportation and warehousing companies got $60 billion, manufacturing was worth $38 billion, and retailers grossed $22 billion.THE CANADIAN PRESS/Frank Gunn

Online shopping set to hit record this year in Canada

Study suggests that majority of shoppers looking online for holiday gifts

A Purolator driver wears a mask as he makes deliveries in Toronto on March 24, 2020. With online sales set to hit record highs this year, Statistics Canada says that wholesalers, rather than retailers, have benefited most from the trend toward online shopping. Statistics Canada says $85 billion of Canada’s $305 billion in online sales last year went to wholesalers, while transportation and warehousing companies got $60 billion, manufacturing was worth $38 billion, and retailers grossed $22 billion.THE CANADIAN PRESS/Frank Gunn
Prime Minister Justin Trudeau speak to the media about the COVID-19 virus outside Rideau Cottage in Ottawa, Friday, Nov. 20, 2020. THE CANADIAN PRESS/Adrian Wyld

Long-awaited federal rent subsidy program for businesses hurt by COVID-19 opens today

The new program will cover up to 65 per cent of rent or commercial mortgage interest

Prime Minister Justin Trudeau speak to the media about the COVID-19 virus outside Rideau Cottage in Ottawa, Friday, Nov. 20, 2020. THE CANADIAN PRESS/Adrian Wyld
President-elect Joe Biden participates in a meeting with the National Governors Association’s executive committee in Wilmington, Del., Thursday, Nov. 19, 2020. Canada’s biggest private-sector unions are likely to play a starring role when Joe Biden’s proposed Buy American rules take centre stage next year. THE CANADIAN PRESS/AP-Andrew Harnik

Canada’s labour unions could play big role in efforts to avert ‘Buy American’ rules

Protectionism is a bigger force in the U.S. than it was even 10 years ago

President-elect Joe Biden participates in a meeting with the National Governors Association’s executive committee in Wilmington, Del., Thursday, Nov. 19, 2020. Canada’s biggest private-sector unions are likely to play a starring role when Joe Biden’s proposed Buy American rules take centre stage next year. THE CANADIAN PRESS/AP-Andrew Harnik
A Sezzle logo is shown in a person’s online shopping cart on a laptop in Vernon, B.C. on Wednesday, November 18, 2020. Canadians shopping for Sephora makeup, Herschel Supply Co. backpacks and Lush beauty products might have recently noticed a new option during the checkout process: buy now, pay later. The offers come from fintechs like PayBright, Afterpay, Sezzle, Klarna, QuadPay and Affirm. THE CANADIAN PRESS/Jesse Johnston

Be careful with buy now, pay later deals for nominal purchases: experts

These new services focus on nominal purchases and allow consumers to pay in instalments, sometimes interest free

A Sezzle logo is shown in a person’s online shopping cart on a laptop in Vernon, B.C. on Wednesday, November 18, 2020. Canadians shopping for Sephora makeup, Herschel Supply Co. backpacks and Lush beauty products might have recently noticed a new option during the checkout process: buy now, pay later. The offers come from fintechs like PayBright, Afterpay, Sezzle, Klarna, QuadPay and Affirm. THE CANADIAN PRESS/Jesse Johnston