Business

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
Friends with Dorothy opens in Victoria.

LGBT2Q+ lounge Friends with Dorothy opens second location in Victoria

The Kelowna-based lounge plans to open in Victoria mid-December

Friends with Dorothy opens in Victoria.
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Five things to watch for in the Canadian business world, week of April 15th
Five things to watch for in Canadian business, the week of Oct 15th
Low-cost airline Swoop launches in Canada
Morneau: Feds would back new Trans Mountain investors
(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)
Dave Heinrichs, general manager of Alberni District Co-op, and Paulette Schwartz, manager of the Liquor Depot. (ELENA RARDON / ALBERNI VALLEY NEWS)

Co-op buys Liquor Depot in Port Alberni

Co-op members in Port Alberni will soon be able to enjoy their benefits when purchasing liquor

Dave Heinrichs, general manager of Alberni District Co-op, and Paulette Schwartz, manager of the Liquor Depot. (ELENA RARDON / ALBERNI VALLEY NEWS)
Tim Siebert, one half of the partnership behind Citrus & Cane, says opening the Douglas Street cocktail lounge during a pandemic had challenges, but the bar is ready to adapt to whatever comes next. (Nina Grossman/News Staff)

New Victoria tropical cocktail lounge designed with COVID-19 safety in mind

Citrus & Cane opens in site of former Copper Owl after eight-month delay

Tim Siebert, one half of the partnership behind Citrus & Cane, says opening the Douglas Street cocktail lounge during a pandemic had challenges, but the bar is ready to adapt to whatever comes next. (Nina Grossman/News Staff)
Mandy Farmer, CEO of Accent Inns and Hotel Zed, was given the RBC Canadian Women Entrepreneur Excellence Award on Wednesday evening. (Provided by Deepa Pillay)

Accent Inns, Hotel Zed CEO earns prestigious award

Mandy Farmer wins RBC Canadian Women Entrepreneur Excellence Award

Mandy Farmer, CEO of Accent Inns and Hotel Zed, was given the RBC Canadian Women Entrepreneur Excellence Award on Wednesday evening. (Provided by Deepa Pillay)
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)
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
Eric Byres, industrial control engineer and CEO of Lantzville-based aDolus Technology, didn’t expect his company to win the 2020 New Ventures B.C. competition, but says he will use the $135,000 in first-place prize money to hire more development staff. (Chris Bush/News Bulletin)

Lantzville-based cyber-security start-up wins $135K innovation competition

Industrial control systems security company, aDolus Technology, wins New Ventures B.C.’s top prize

Eric Byres, industrial control engineer and CEO of Lantzville-based aDolus Technology, didn’t expect his company to win the 2020 New Ventures B.C. competition, but says he will use the $135,000 in first-place prize money to hire more development staff. (Chris Bush/News Bulletin)
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)
A truck arrives with a load of logs at Western Forest Products’ mill in Ladysmith. More work will be coming to the Ladysmith sawmill in February, says WFP. (Black Press file photo)

More work at Ladysmith mill in new year, says Western Forest Products

Company says Ladysmith operation to see second shift in February

A truck arrives with a load of logs at Western Forest Products’ mill in Ladysmith. More work will be coming to the Ladysmith sawmill in February, says WFP. (Black Press file photo)
Higher sales of cannabis helped Canadian farmers come out in the green. (Black Press Media File)

Higher cannabis sales grew the income of Canadian farmers

Higher cannabis receipts added $1.7 billion to the revenue of farmers

Higher sales of cannabis helped Canadian farmers come out in the green. (Black Press Media File)
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
Sidney’s Haunted Bookshop is changing owners with longtime owner Odean Long transferring ownership Dec. 1 to William Matthews. (Wolf Depner/News Staff)

Longtime owner of Sidney’s Haunted Bookshop closes chapter with sale

Odean Long and her late husband moved the business to Sidney in 1996

Sidney’s Haunted Bookshop is changing owners with longtime owner Odean Long transferring ownership Dec. 1 to William Matthews. (Wolf Depner/News Staff)
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
Project Watershed hopes to purchase and restore the former Field Sawmill site on the Courtenay River. Rick Ward photo
Project Watershed hopes to purchase and restore the former Field Sawmill site on the Courtenay River. Rick Ward photo
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)