Business

The Real Estate Board of Greater Vancouver says home sales activity in the area for the month of October remain below long-term historical averages. A real estate sign is pictured in Vancouver, B.C., Tuesday, June, 12, 2018. THE CANADIAN PRESS Jonathan Hayward

Mortgage rates predicted return to pre-pandemic levels of 3% by late 2022, BCREA says

First rate increase from Bank of Canada is expected in mid-2022

Royal City Youth Ballet’s performance of ‘The Nutcracker’ at the Cowichan Performing Arts Centre on Dec. 7, 2019. Theatre and sports events with more than 50 people now require proof of vaccination and seating, but business holiday events can include standing and mingling. (Andrea Rondeau/Cowichan Valley Citizen)

Business holiday parties OK for more than 50, B.C. tourism group says

Standing, mingling allowed if you’re vaccinated for COVID-19

Falling Canadian dollar coins or loonies are pictured in North Vancouver, B.C. Wednesday, May 29, 2019. A new survey of more than 4,000 small- and medium-sized businesses found the average salary increases given to men this year were double those women received. THE CANADIAN PRESS/Jonathan Hayward

Small, medium-sized businesses gave women smaller raises than men in 2021: survey

Humi research also found men were 4.4 per cent more likely to receive a raise than women

People line up outside a Lululemon Athletica store in Ottawa, as non-essential retail stores re-open with limited in-store capacity, on the first day of Ontario’s first phase of re-opening amidst the third wave of the COVID-19 pandemic, on June 11, 2021. THE CANADIAN PRESS/Justin Tang

Lululemon vs. Peloton: The fine line between inspiration and imitation in fashion

The dispute comes at a time when athleisure is booming

People line up outside a Lululemon Athletica store in Ottawa, as non-essential retail stores re-open with limited in-store capacity, on the first day of Ontario’s first phase of re-opening amidst the third wave of the COVID-19 pandemic, on June 11, 2021. THE CANADIAN PRESS/Justin Tang
GM workers use human assistance automation to weld vehicle doors at the General Motors assembly plant during the COVID-19 pandemic in Oshawa, Ont., on Friday, March 19, 2021. THE CANADIAN PRESS/Nathan Denette

Jobless rate drops to 6 per cent in November as number of long-term unemployed falls

Gains didn’t take into account the flooding situation in British Columbia which happened after survey

GM workers use human assistance automation to weld vehicle doors at the General Motors assembly plant during the COVID-19 pandemic in Oshawa, Ont., on Friday, March 19, 2021. THE CANADIAN PRESS/Nathan Denette
Postcard image of Powell River B.C. from the 1960s, when it was one of the world’s largest newsprint producers. (Wikimedia Commons)

Owners look for new industrial opportunities at B.C. paper mill site

Powell River mill shutting down indefinitely after 109 years

Postcard image of Powell River B.C. from the 1960s, when it was one of the world’s largest newsprint producers. (Wikimedia Commons)
Lululemon Athletica’s logo is seen on the outside of their new flagship store on Robson Street during it’s grand opening in downtown Vancouver, B.C., on Thursday August 21, 2014. THE CANADIAN PRESS/Darryl Dyck

Lululemon sues Peloton over ‘copy-cat’ workout apparel

Lawsuit: ‘Peloton imitated several of Lululemon’s innovative designs and sold knock-offs’

Lululemon Athletica’s logo is seen on the outside of their new flagship store on Robson Street during it’s grand opening in downtown Vancouver, B.C., on Thursday August 21, 2014. THE CANADIAN PRESS/Darryl Dyck
Statistics Canada’s offices at Tunny’s Pasture in Ottawa are shown on Friday, March 8, 2019. THE CANADIAN PRESS/Justin Tang

Statistics Canada says GDP grew at 5.4% annual rate in Q3

Economy edged up by 0.1% in September

Statistics Canada’s offices at Tunny’s Pasture in Ottawa are shown on Friday, March 8, 2019. THE CANADIAN PRESS/Justin Tang
The Canadian flag blows in the wind in the heart of the financial district in Toronto on June 27, 2018. THE CANADIAN PRESS/Tijana Martin

Banking’s shift to cloud gathers steam as pandemic and fintechs spur faster adoption

Move had begun before pandemic but going virtual expedited it

The Canadian flag blows in the wind in the heart of the financial district in Toronto on June 27, 2018. THE CANADIAN PRESS/Tijana Martin
The Best Western Plus Chemainus Inn is once again the winner of the M.K. Guertin Award. (Photo by Don Bodger)

Best Western Plus Chemainus Inn receives prestigious honour

Hotel maintains track record of continually receiving award

The Best Western Plus Chemainus Inn is once again the winner of the M.K. Guertin Award. (Photo by Don Bodger)
(THE CANADIAN PRESS/Jacques Boissinot)

B.C. ski resorts prepare for holiday cancellations due to highway closures

Big White ski resort said over 70 holiday bookings have already been cancelled

(THE CANADIAN PRESS/Jacques Boissinot)
B.C. Labour Minister Harry Bains takes questions about his decision to keep secret-ballot votes for union certification, as demanded by the B.C. Green Party, Nov. 20, 2019. (Tom Fletcher/Black Press)

Pandemic-battered B.C. small businesses say they can’t afford sick pay

Labour minister says 5 days reflects average usage of paid leave

B.C. Labour Minister Harry Bains takes questions about his decision to keep secret-ballot votes for union certification, as demanded by the B.C. Green Party, Nov. 20, 2019. (Tom Fletcher/Black Press)
Shoppers wait in line at an electronics store in Calgary, Alta., Friday, Nov. 27, 2020, amid a worldwide COVID-19 pandemic. THE CANADIAN PRESS/Jeff McIntosh

Black Friday arrives with little fanfare as stores launch sales ahead of retail event

Supply chain concerns have changed the nature of holiday shopping

Shoppers wait in line at an electronics store in Calgary, Alta., Friday, Nov. 27, 2020, amid a worldwide COVID-19 pandemic. THE CANADIAN PRESS/Jeff McIntosh
BC Ferries reported record high vehicle traffic in its second quarter ending Sept. 30, 2021. (Black Press Media file photo)

BC Ferries reports record-breaking summer vehicle traffic

Vehicle traffic up 3 per cent from pre-COVID times in quarter ending Sept. 30

BC Ferries reported record high vehicle traffic in its second quarter ending Sept. 30, 2021. (Black Press Media file photo)
People pass a large Christmas tree as they go shopping on Christmas Eve at a mall in Ottawa, Thursday, Dec. 24, 2020. A Retail Council of Canada survey says Canadians are planning to spend more this holiday season as they prepare to return to stores a year after the COVID-19 pandemic prompted many to shop online. THE CANADIAN PRESS/Justin Tang

Canadians to spend big on holidays, return to shopping malls, multiple surveys find

Accenture: Canadians will spend an average of $635 in 2021, an increase of more than 23 per cent

People pass a large Christmas tree as they go shopping on Christmas Eve at a mall in Ottawa, Thursday, Dec. 24, 2020. A Retail Council of Canada survey says Canadians are planning to spend more this holiday season as they prepare to return to stores a year after the COVID-19 pandemic prompted many to shop online. THE CANADIAN PRESS/Justin Tang
Logging trucks head down Highway 1 through Hope to join a convoy of drivers from across B.C. who were heading into Vancouver on Sept. 25, 2019. to protest provincial forestry policy. (Jessica Peters/Hope Standard)

U.S. doubles softwood lumber ‘dumping’ duties on B.C. producers

Minister says issues in trade dispute will be appealed again

Logging trucks head down Highway 1 through Hope to join a convoy of drivers from across B.C. who were heading into Vancouver on Sept. 25, 2019. to protest provincial forestry policy. (Jessica Peters/Hope Standard)
B.C. Labour Minister Harry Bains. (Hansard TV)

B.C. requires 5 days a year of paid sick days starting in 2022

New program replaces temporary 3-day government payments

B.C. Labour Minister Harry Bains. (Hansard TV)
B.C. Forests Minister Katrine Conroy is leading an overhaul of the B.C.’s Crown forest management. (Hansard TV)

B.C.’s sweeping forest changes pushed through over MLA objections

Business leaders protest potential mill, value added job losses

B.C. Forests Minister Katrine Conroy is leading an overhaul of the B.C.’s Crown forest management. (Hansard TV)
Pumpjacks are shown pumping crude oil near Halkirk, Alta., on June 20, 2007. THE CANADIAN PRESS/Larry MacDougal

Alta. oilpatch recruiting in Maritimes again as drilling set to rise in 2022

6,457 oil and gas wells expected to be drilled in 2022, a more than 25 per cent increase from 2021

Pumpjacks are shown pumping crude oil near Halkirk, Alta., on June 20, 2007. THE CANADIAN PRESS/Larry MacDougal
Mastermind Toys CEO Sarah Jordan poses in this November 2021 handout photo. THE CANADIAN PRESS/HO - Mastermind Toys

Depth of Black Friday discounts depends on resiliency of retailers’ supply chains

Analyst says retailers may back off on on discounts because they don’t have the inventory

Mastermind Toys CEO Sarah Jordan poses in this November 2021 handout photo. THE CANADIAN PRESS/HO - Mastermind Toys