Business

Logs are seen in an aerial view stacked at the Interfor sawmill, in Grand Forks, B.C., Saturday, May 12, 2018. An unexpected rebound in wood product prices this month is boosting profits for Canadian forestry companies but leaving homeowners and buyers with the prospect of higher home and renovation costs in 2021. THE CANADIAN PRESS/Darryl Dyck

Wood products pricing surge expected to persist, raising 2021 house, renovation costs

Lumber prices have added as much as $30K to the construction cost of a typical 2,500-square-foot house

Logs are seen in an aerial view stacked at the Interfor sawmill, in Grand Forks, B.C., Saturday, May 12, 2018. An unexpected rebound in wood product prices this month is boosting profits for Canadian forestry companies but leaving homeowners and buyers with the prospect of higher home and renovation costs in 2021. THE CANADIAN PRESS/Darryl Dyck
Interim B.C. Liberal leader Shirley Bond leads debate on a bill to delay the provincial budget for a second time, at the B.C. legislature, Dec. 16, 2020. (Hansard TV)

How does the ‘British Columbia Party’ sound for 2021?

Interim B.C. Liberal leader Shirley Bond looks ahead

Interim B.C. Liberal leader Shirley Bond leads debate on a bill to delay the provincial budget for a second time, at the B.C. legislature, Dec. 16, 2020. (Hansard TV)
Shipping containers are seen at the Fairview Cove Container Terminal in Halifax on Friday, Aug. 25, 2017. THE CANADIAN PRESS/Andrew Vaughan

Statistics Canada reports economy grew 0.4 per cent in October

The increase followed growth of 0.8 per cent in September

Shipping containers are seen at the Fairview Cove Container Terminal in Halifax on Friday, Aug. 25, 2017. THE CANADIAN PRESS/Andrew Vaughan
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NDP demands COVID-19 bailout for airlines
Alberta opens up more businesses as COVID-19 cases decline
Analyst: 'A perfect storm' oil, virus halts trading
Feds warned that agriculture sector near tipping point due to blockades
Restaurant delivery services such as Skip The Dishes and Doordash have grown rapidly in the COVID-19 pandemic. (Skip The Dishes photo)

B.C. caps restaurant delivery fees at 15%, temporarily

COVID-19 emergency order takes effect Dec. 27

Restaurant delivery services such as Skip The Dishes and Doordash have grown rapidly in the COVID-19 pandemic. (Skip The Dishes photo)
Sam Baio, owner of Nelson’s Valhalla Pure Outfitters, says he’s keeping his store closed on Boxing Day due to COVID-19 crowd concerns. Photo: Tyler Harper

Wary of the pandemic, Nelson businesses opt to stay closed on Boxing Day

They say the profit isn’t worth the potential of infection

Sam Baio, owner of Nelson’s Valhalla Pure Outfitters, says he’s keeping his store closed on Boxing Day due to COVID-19 crowd concerns. Photo: Tyler Harper
B.C. Tourism Minister Melanie Mark takes questions in the B.C. legislature about months of delays to aid for tourism industry devastated by COVID-19 restrictions, Dec. 10, 2020. (Hansard TV)

B.C. diverts more COVID-19 small business relief to tourism

An extra $50 million shifted to attractions hit by travel bans

B.C. Tourism Minister Melanie Mark takes questions in the B.C. legislature about months of delays to aid for tourism industry devastated by COVID-19 restrictions, Dec. 10, 2020. (Hansard TV)
Happier days: Black Press legislature reporter Tom Fletcher talks about the outlook for 2020 with B.C. Premier John Horgan, B.C. legislature, Dec. 13, 2019. (Jen Holmwood/Premier’s Office)

Election didn’t slow down COVID-19 aid, John Horgan says

B.C. premier’s annual year-end interview with Black Press

Happier days: Black Press legislature reporter Tom Fletcher talks about the outlook for 2020 with B.C. Premier John Horgan, B.C. legislature, Dec. 13, 2019. (Jen Holmwood/Premier’s Office)
Houses are seen in an aerial view, in Langley, B.C., on Wednesday, May 16, 2018. A company that supports hundreds of credit unions across Canada predicts British Columbia’s housing market will remain healthy through 2021 as the province moves out of its COVID-19 slump. THE CANADIAN PRESS/Darryl Dyck

B.C. housing market to remain vibrant through the new year: report

The report also forecasts a firmer rental market through 2022 as economic conditions normalize

Houses are seen in an aerial view, in Langley, B.C., on Wednesday, May 16, 2018. A company that supports hundreds of credit unions across Canada predicts British Columbia’s housing market will remain healthy through 2021 as the province moves out of its COVID-19 slump. THE CANADIAN PRESS/Darryl Dyck
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. eases rules for COVID-19 small business, tourism relief

30% loss of sales at time of application now qualifies

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. Finance Minister Selina Robinson speaks to the legislature’s pre-Christmas session to approve more COVID-19 spending, Dec. 10, 2020. (Hansard TV)
B.C. Finance Minister Selina Robinson speaks to the legislature’s pre-Christmas session to approve more COVID-19 spending, Dec. 10, 2020. (Hansard TV)
Holiday knick-knacks stand are displayed for Christmas shoppers Friday, Oct. 2, 2020, at a Lowes store in Northglenn, Colo. Add last-minute holiday shopping to the list of time-honored traditions being upended by the coronavirus pandemic. Retailers are kicking off the holiday season earlier than ever this year in hopes of avoiding big in-store crowds and shipping bottlenecks in November and December. (AP Photo/David Zalubowski)

Millennial Money: De-stress holiday debt with a payoff plan

Take stock of what you owe – and what you can pay

Holiday knick-knacks stand are displayed for Christmas shoppers Friday, Oct. 2, 2020, at a Lowes store in Northglenn, Colo. Add last-minute holiday shopping to the list of time-honored traditions being upended by the coronavirus pandemic. Retailers are kicking off the holiday season earlier than ever this year in hopes of avoiding big in-store crowds and shipping bottlenecks in November and December. (AP Photo/David Zalubowski)
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
Four Rivers Co-op has purchased Glen Dale Agra Services Ltd. an agriculture supplier in B.C.’s interior. (Submitted photo)

Four Rivers Co-op has acquired an agriculture supplier in Vanderhoof

Glen Dale Agra Services Ltd. has been in business for 38 years

Four Rivers Co-op has purchased Glen Dale Agra Services Ltd. an agriculture supplier in B.C.’s interior. (Submitted photo)
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)
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)