TD is predicting a significant increase in lumber prices by 2013 – and has praised British Columbia’s government for opening up new markets to counteract the slump in the U.S. housing market. Leslie Preston, an economist at the TD banking group, stated that, “The B.C. industry and govern­ment have been very proactive in marketing wood […]

Teck Resources Ltd. plans to spend a total of $685 million on improvements at two of its major metals operations in British Columbia, the Vancouver-based mining company announced recently. Teck said it will invest $210 million to increase capacity of an electronic waste recycling operation in Trail, B.C., where Teck has a major zinc smelter […]

The government’s financial statements were ripped apart by a recent report by the Auditor General, the Victoria Times Colonist reports. The province is keeping books in an “unacceptable” way, the report claimed, with too few details, nor does it explain billions in spending. John Doyle produced the report on the government’s financial statements Thursday, underlining […]

Rossland was one of six B.C. communities recently recognized as a local government that goes out of their way to champion the growth of small business. “B.C.’s Most Small Business Friendly Community” award was handed out last week to Rossland — and Surrey, Kamloops, Ladysmith, Prince Rupert and Quesnel — by Kamloops-South Thompson MLA Kevin […]

Agence France-Presse Facebook on Friday begins rolling out its biggest ever shake-up, in a move observers say will not only profoundly alter how its 800 million users interact with the site, but will keep them coming back for decades to come. The new “Timeline,” revealed last week by chief executive Mark Zuckerberg will also likely […]

The federal government re-introduced copyright legislation Friday with ramificatiosn for social media, balancing the needs of creators versus the users. Copyright Modernization Act will help make Canada’s copyright laws more modern, flexible, and in line with current international standards. Modernizing Canada’s copyright laws is an important for the digital economy. Each year that Canada goes […]

Partners in the Waneta Expansion Project – Fortis Inc., Columbia Power Corporation, and Columbia Basin Trust – have released the second quarter socio-economic monitoring report. The socio-economic monitoring program is an important part of this large, community-focused project and ensures the impacts to the area are documented and available to the public. Since the beginning of the project, […]

As part of Canada Starts Here: The B.C. Jobs Plan, the province plans to support small business innovation and entrepreneurship by expanding access to venture capital tax credits, extending tax credits available to apprentices and employers, and working with business leaders to cut red tape and streamline administration of provincial taxes. B.C. intends to provide […]

It’s a strange world. Senior economist Armine Yalnizyan was commissioned by the National Post to make a case about income inequality for their opinion page, the Canadian Centre for Policy Alternatives has written. The piece ran under the headline A problem for everyone. The overtitle (a quick summary of the story written by the editors) […]

CBT has announced the signing of an agreement with Columbia Mountain Open Network (CMON) to acquire CMON’s broadband assets. The assets will be managed by the Columbia Basin Broadband Corporation (CBBC), a new wholly-owned subsidiary of CBT formed in an effort to expand broadband in the Basin. “CBT saw the opportunity to continue the work […]