Oct 24, 2016
How to Sell Your Business

BCBusiness + Business Transitions Forum Selling a business is never an easy or simple process. The former CEO of Canpages, Olivier Vincent understands that very well. In 2006, he created the successful phone-directory company. Four years later, Canpages had annual revenues of $104 million and was employing 600. A year later, the corporation was sold for $225 million. Although Vincent agrees the process...

Oct 19, 2016
Steve Nash wants his name back
Felicity Stone

Former NBA player Steve Nash wants his name removed from 21 fitness facilities around B.C. A notice of civil claim filed in B.C. Supreme Court alleges there was a breach of contract between his company, B&L Holdings Ltd., and SNFW Fitness B.C. Ltd., the company operating the facilities. Since October 2014, SNFW has operated the fitness facilities throughout B.C. under...

Oct 12, 2016
U.S. lumber lobby vows trade action against Canada
Marcie Good

The U.S. lumber lobby says it now has “no choice” but to launch trade challenges against Canada now that a one-year standstill period has expired in the cross-border softwood lumber dispute—a move that will lead to punitive duties on Canadian forestry exports to the United States. Oct. 12 marks one year since a nine-year truce in the perpetual Canada-U.S. softwood...

Oct 5, 2016
B.C. agrees to Ottawa's CPP expansion
Jenny Peng

With B.C.’s agreement to federal reforms of the Canada Pension Plan, Ottawa can now move forward with long-awaited enhancements that needed the partnership of the majority of provinces representing two-thirds of Canadians. The provincial government’s decision, announced on Tuesday, comes “after hearing from thousands” of citizens over the summer, said B.C. Finance Minister Michael de Jong. The CPP increases will...

Sep 28, 2016
How big is Vancouver's bubble?
Felicity Stone

Vancouver's housing-bubble risk is unmatched on the planet, according to a report released this week by Swiss bank UBS. The rise in Vancouver's average housing prices compared with the growth in average wages, rents and other economic factors make it the most likely to experience a sudden downward correction compared with 17 other large cities around the globe. The UBS...

Sep 21, 2016
Kit and Ace cuts more staff
Felicity Stone

Kit and Ace is laying off about 20 per cent of its head office employees. Owned by Lululemon founder Chip Wilson and his family, the Vancouver-based makers of “technical streetwear” cut 35 employees in February 2016. The company also plans to close about a quarter of its 60-odd outlets in the next two years as their short-term leases come up...

Sep 14, 2016
Expect Vancouver's empty home tax by 2017
Felicity Stone

The City of Vancouver expects to implement an annual tax of up to two per cent of assessed property value on empty and underutilized homes by the end of the year. The tax, which will be administered through self-declaration (like principal residency), audits and complaint response, will target owners of Vancouver’s 10,800 empty homes to encourage them to rent them...

Sep 7, 2016
APA Group buys Vancouver-based Coast Hotels
Felicity Stone

Japan's largest hotel company has purchased the Coast Hotels chain for a reported $210 million. The APA Hotel Group expects to base its North American operations in Vancouver. Coast Hotels has 38 locations in western North America. (News 1130) Quesnel has adopted a living wage policy, which guarantees municipal employees and contractors at least $16.52 per hour. Quesnel Mayor Bob Simpson...

Sep 7, 2016
How Graham Lee is giving UBC entrepreneurs an edge
Marcie Good

Jason Yee was a defenceman on the UBC hockey team for four years while studying kinesiology. He graduated in May and hung up his skates, but he’s not quite ready to forget the game he loves. Along with a teammate, engineering grad Ben Schmidt, he’s developing AI Coach—a technological platform that analyzes game videos using statistical algorithms to identify players’...

Sep 6, 2016
What's your education worth?

Read our exclusive survey to find out how grads and employers view B.C.'s education system, plus how UBC is building alumni engagment and why grads don't give back to their alma mater The value of an education in B.C.For the detailed results of this question, click here. For the detailed results of this question, click here. For the detailed results of this question, click here. For the...

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