Tag Archives: Business & Economy
Local forestry workers laid off as economy weakens
NANAIMO - Lower lumber prices, higher costs for source materials and a trade dispute between the United States and China have forced a large layoff of mid-island forestry workers. Surrey-based Teal-Jo...
Sep 10, 2019 Approximately 180 contracted workers and employees of Teal-Jones Group are out of work following a curtailment of operations. (File photo)
Nanoose Bay restaurant to close after losing ongoing battle with provincial land commission
NANAIMO - The owners of a beloved Nanoose Bay restaurant are fed up after being dealt another blow in a battle with the province over how their business operates.Will Gemmell and Jodie Lucas, owner of...
Sep 06, 2019 The Rusted Rake Farm Eatery is set to close on Sunday, Sept. 8 as the owners lose another battle with the province. (Rusted Rake Farm/Facebook)
Forgotten portion of downtown Nanaimo sees huge development push
NANAIMO - A previously underutilized part of Nanaimo's downtown is receiving a significant development boost. Construction is underway or planned for numerous mixed-use developments in the Chapel St. ...
Sep 05, 2019 Crews recently demolished a run-down building on Front and Chapel Streets to make way for a six-storey hotel. (Ian Holmes/NanaimoNewsNOW)
UPDATE: Power restored after widespread outage affects entire Oceanside region
UPDATE: Power was restored just prior to 2 p.m. Thursday after a transmission circuit failure zapped power to the entire Oceanside region for nearly two hours. BC Hydro Spokesman Ted Olynyk told Nanai...
Sep 05, 2019 A transmission circuit failure shortly after noon Thursday, Sept. 5 has affected most BC Hydro customers throughout the Oceanside region. (BC Hydro)
Organizers tout record numbers for 125th VIEX
NANAIMO - The most people in a decade walked through the gates at the 125th annual VIEX in the harbour city last weekend. The exact number of people who attended is unknown, however VIEX President Lyn...
Sep 01, 2019 Close to 30,000 people walked through the gates at the 125th Vancouver Island Exhibition.
City of Nanaimo to combine previous initiatives for economic development
NANAIMO - The City of Nanaimo is shifting course on its plan for economic development in the region.Previously, the city had an external agency working on economic development only to controversially ...
Aug 27, 2019 It's hoped a new hybrid model will help Nanaimo thrive economically in ways it hasn't in recent years. (Dirk Heydemann/HA Photography)
125th annual VIEX to take over Nanaimo's Beban Park
NANAIMO - One of the oldest agricultural fairs in western Canada is celebrating its 125th year.The Vancouver Island Exhibition (VIEX) at Beban Park will see a range of rides, entertainment, food truck...
Aug 22, 2019 25,000 people are expected to attend the 125th annual Vancouver Island Exhibition at Beban park in Nanaimo. (Ian Holmes/NanaimoNewsNOW)
Trans Mountain puts contractors on notice to get ready for pipeline restart
OTTAWA - Construction on the Trans Mountain pipeline expansion project is set to restart in the next month, just in time for the official kick-off of the federal election. Trans Mountain Corp., t...
Aug 21, 2019
Alberta to limit oil production to end of 2020 as pipeline delays persist
CALGARY - The Alberta government says some oil companies will have to limit their production until the end of 2020 as pipeline delays persist. Energy Minister Sonya Savage says the current l...
Aug 20, 2019
Nanoose Bay hit hard by road rehab season
NANOOSE BAY - Dueling traffic construction projects and significant gridlock in Nanoose Bay forced one project to be temporarily abandoned. Mainroad Mid-Island Contracting announced it is shifting awa...
Aug 19, 2019 Mainroad Contracting crews temporarily ditched work at the south end of Northwest Bay Rd. Monday to create a bit of relief for motorists dealing with delays on multiple points of the road through Nanoose Bay. (Mainroad Contracting)