Tag Archives: Business & Economy
Feds announce nearly $50 million to expand Duke Point shipping facility
NANAIMO - A long-planned vision to expand the Port of Nanaimo's deep sea dock at Duke Point has received a substantial shot in the arm.Federal Transport Minister Marc Garneau announced a $46.2 million...
Jul 24, 2019 Federal Transport Minister Marc Garneau announced $46.2 million to help expand the deep sea shipping dock at Duke Point. He said the investment was based on a strong business case. (Ian Holmes/NanaimoNewsNOW)
Construction of Gordon St. hotel delayed, December 2020 opening 'a possibility'
NANAIMO - The window is quickly closing for a downtown Nanaimo hotel project to finish in time to receive a significant tax break. McKay Quinn, development manager with hotel developer PEG Companies, ...
Jul 23, 2019 A render of what the downtown Nanaimo Gordon St. hotel could look like once it's open.
SFN breaks ground on first gas station
NANAIMO - The initial work is underway to build the first gas station owned and operated by Snuneymuxw First Nation. A ceremonial shovel was used by SFN councillors and Elders on Thursday, July 18 to ...
Jul 18, 2019 Snuneymuxw First Nation councillors and Elders at the site of what will be the First Nation's first gas station. (Spencer Sterritt/NanaimoNewsNOW)
BC Hydro upgrading reliability on Gabriola & Mudge Island
NANAIMO - A multi-million dollar project is nearing completion to improve service for BC Hydro customers on Gabriola and Mudge islands.Spokesperson Karla Louwers said they are adding a second distribu...
Jul 16, 2019 BC Hydro says a new distribution circuit to Gabriola and Mudge islands will address load constraints and improve reliability. However, spokesperson Karla Louwers said the upgrades likely won't impact storm related service disruptions, since both islands are so heavily treed. (BC Hydro)
Strike negotiations between union, Western Forest Products slow with disputes over mediators
NANAIMO - A further roadblock was erected on the path towards the end of strike action between the United Steelworkers Union and Western Forest Products. USW 1-1937 president Brian Butler announced Fr...
Jul 12, 2019 The USW says they can't believe Western Forest Products wouldn't want respected mediator Vince Ready working on their dispute. (USW 1-1937)
Nanaimo building permits exceed $300M so far in 2019
NANAIMO - It's been a banner year for construction in Nanaimo, exceeding what was already expected to be a significant surge. The City of Nanaimo confirmed roughly $230 million in residential construc...
Jul 08, 2019 Roughly 1,300 housing units are being built across Nanaimo, whether they be single-family, multi-family or hotel. (City of Nanaimo)
1 of 3 cruise ships visiting Nanaimo forced to cancel
NANAIMO - The last cruise ship to arrive in Nanaimo for the 2019 season unfortunately won't be making a visit to the harbour city. The Silver Explorer was one of only three cruise ships scheduled to v...
Jul 05, 2019 The Silver Explorer was set to bring more than 100 tourists to Nanaimo on July 11. (Silversea)
Thousands of Island forestry workers walk off the job onto picket lines
NANAIMO - Operations at Western Forest Products facilities have come to a halt as employees take strike action. Approximately 3,000 employees primarily on Vancouver Island walked off the job on Monday...
Jul 02, 2019 Roughly 3,000 Western Forest Products employees are off the job and on the picket lines after strike action. (USW 1-1937)
RDN director passes away in hiking accident
NANAIMO - A well known mid-island business leader turned politician has passed away in a hiking accident at Strathcona Provincial Park.Clarke Gourlay, of family-owned Little Qualicum Cheeseworks and M...
Jul 02, 2019 Clarke Gourlay passed away following a hiking accident at Strathcona Provincial Park on Saturday, June 29. Gourlay was serving his first term in office as an RDN director. (Little Qualicum Cheeseworks)
Global boom in natural gas is undermining climate change action: report
OTTAWA - The Global Energy Monitor says an international boom in liquefied natural gas exports is undermining global efforts to stop climate change and Canada is one of the industry's biggest pla...
Jul 02, 2019