Tag Archives: Business & Economy
Group cleaning up old oil wells says Alberta government rules inadequate
EDMONTON - A group tasked with cleaning up thousands of abandoned energy facilities in Alberta says the province's rules for ensuring polluters reclaim their wells before selling them off are&nbs...
Jan 15, 2020
Major film and TV productions choosing more Vancouver Island locations
NANAIMO - Banner years for the Vancouver Island film industry is having ripple effects for communities on the mid-Island.The town of Ladysmith has seen massive boost in interest from producers, highli...
Jan 08, 2020 Ladysmith stood in for key scenes in 'Sonic the Hedgehog' which is due for a 2020 release, part of a purple patch for the small town and its role in Hollywood productions. (Reddit/clearcircle)
B.C. LNG pipeline project to resume work despite opposition, says company
VICTORIA - The company building a 670-kilometre natural gas pipeline as part of the massive LNG Canada project in northern British Columbia says it plans to resume construction this week despite ...
Jan 06, 2020
Top CEOs made as much as average worker earns in a year by mid-morning Thursday
OTTAWA - Canada's 100 highest-paid chief executives were paid record amounts in 2018 in comparison to the employees beneath them, according to a new report released Thursday. The Canadian Centre for P...
Jan 02, 2020
Property assessments cool off in Nanaimo and across B.C.
NANAIMO - Many property assessments mailed out to homeowners across the province aren't accompanied by the sticker shock valuations of past years.Newly released BC Assessment data showed the average s...
Jan 02, 2020 Property assessments rose slightly in Nanaimo, following several years of massive increases. (NanaimoNewsNOW stock photo)
Pilot shortage can't be addressed by existing programs, documents suggest
OTTAWA - Federal officials combing through skills training programs have concluded major changes are needed if those are to be used to address a shortage of airline pilots.Instead, officials are sugge...
Jan 01, 2020 (The Canadian Press)
Nanaimo home owner awarded $222K after botched renovation
NANAIMO - A lengthy and disastrous renovation to a north Nanaimo waterfront home resulted in a significant fine against a building contractor. Justice Douglas Thompson awarded Fang Li $221,800 followi...
Dec 18, 2019 Crews are repairing the damage inflicted to a waterfront home located on Fillinger Cres. The home underwent a botched home reno, shortly after it was purchased for $1.85 million in Feb, 2018. (Ian Holmes/NanaimoNewsNOW)
Canfor says privatization deal called off after failing to win support
VANCOUVER - Canfor Corp. says Great Pacific Capital Corp. has called off its plan to take the lumber producer private after the deal failed to win the approval of the company's minority shareholders.T...
Dec 17, 2019
First major deadline passes for delayed downtown Nanaimo hotel
NANAIMO - A proposed hotel reinvigorating downtown Nanaimo and boosting the nearby conference centre has now missed a crucial deadline , while no timeline for construction is in place. Undeveloped pro...
Dec 07, 2019 A render of what the downtown Gordon St. hotel could look like if the project goes ahead.
Teamsters say they have reached a tentative deal with CN, work set to resume
MONTREAL - Teamsters Canada says it has reached a tentative agreement with Canadian National Railway Co. to renew the collective agreement for over 3,000 conductors, trainpersons and yard workers. The...
Nov 26, 2019