Sep 18, 2020
For B.C. commercial real estate, COVID-19 creates winners and losers

COVID-19 hit the province’s commercial real estate market where it hurts, but the deals have kept flowing this year. As the pandemic took hold, investment in B.C. commercial property suffered its worst first half since 2015, according to a new midyear report by Avison Young. Tracking industrial, office and retail deals valued at more than $5 million, the real estate services firm found that 84 transactions worth a total of $1.5 billion wrapped in the first six months of 2020.

What's New on BCBusiness

Sep 17, 2020
Big Fat Deal: $11 million to reflect on it all in Shaughnessy
Nathan Caddell

Address: 4281 Pine Crescent Price: $10,880,000 Listing: R2493497 The skinny: Six-bedroom, eight-bathroom, 6,000-square-foot house on 9,116 square feet in Vancouver’s Shaughnessy The bling: OK, kids, class is in session. Or should we say glass? Because that’s what you’re going to find on this Shaughnessy corner lot—wall-to-wall windows and mirrors.

Sep 16, 2020
5 questions with ace Vancouver recruiter Henry Goldbeck
Nathan Caddell

Henry Goldbeck grew up in a strict B.C. household, dreaming of the adventures he could go on once he was old enough to leave home. At 18, he sailed around the world as a merchant marine, later finding himself (literally and...

Sep 15, 2020
11 B.C. beers win gold at 2020 Canadian Brewing Awards
By the Editors

While COVID-19 has wreaked havoc on this province’s restaurant industry, it hasn’t necessarily affected alcohol sales on the same level. And though things definitely aren’t “back to normal” for those in B.C.’s brewery business, many in that sector got some good...

Sep 14, 2020
B.C. residential property market continues its winning streak
By the Editors

Think B.C. residential real estate had a strong July? Last month turned the heat up another notch as the market kept defying the COVID-19 downturn. Residential unit sales totalled 10,172 in August, the British Columbia Real Estate Association (BCREA) reports, a 42.8-percent increase over the same month in 2019. The average MLS price gained 12.7 percent, reaching $771,309. Total sales dollar volume hit $7.8 billion, a 61.1-percent jump over August 2019...

Sep 11, 2020
BCBusiness Report Card: The NDP considers going full Thanos and the power of six
Nathan Caddell

As most everyone has noted, this year is basically like the dog-in-a-house-that’s-on-fire GIF. Except the problem is, that’s not fully representative of 2020. Sure, the fire could be COVID-19; that makes sense. But you’d also need something to represent the actual...

Sep 10, 2020
Want to become a B Corp? 12 tips to improve your chances
Nick Rockel

Bethany McNeill does things differently in her industry, and now she has a shiny new credential to prove it. Last month, McNeill’s MB Pension and Benefits Group became the fourth insurance brokerage in Canada—and the only one entirely owned and operated...

Sep 9, 2020
More disposable income, tight supply keep B.C. housing market strong despite COVID-19: report
By the Editors

The British Columbia Real Estate Association’s latest report, The Unusual World of Pandemic Economics, seems to contradict its title. Or maybe that’s the point. In any case, the hammering that many parts of the economy have seen thanks to the COVID-19...

Sep 8, 2020
Vancouver-based company seeks to revolutionize wine industry one barrel at a time
Nathan Caddell

While doing his PhD in mechanical engineering at UBC, Miayan Yeremi was taught that for the best entrepreneurial results, you must seek to solve a problem in an industry rather than create something to chase an issue that might not actually...

Sep 3, 2020
Opinion: B.C. tourism is on life support. We must act now to save this vital industry from disaster
Paul Nursey, Royce Chwin and Nancy Small

As the summer draws to a close and the provincial government nears a decision on how to allocate its $1.5-billion recovery package, it would be easy for some people to make the false assumption that a strong August for some...

Sep 2, 2020
Vancouver’s Deqq Apparel partners with Joe Average to make wearable art that can’t be ripped off
Alyssa Hirose

At a Banff business conference more than a decade ago, a guy walked up to Vancouver tech entrepreneur David Gratton and literally offered to buy the shirt off his back. “It had an embroidered picture of an old airplane that...

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