Finance

Nov 26, 2021
New Health Impact Investor Challenge dangles $100,000 prize for Canadian entrepreneurs
By the Editors

For one innovative Canadian company, helping people improve their health will soon yield a healthy investment. Spring Activator, a Vancouver-headquartered business incubator, accelerator and advisory firm, just launched the first Health Impact Investor Challenge. Running from March through May 2022, this program...

Nov 24, 2021
Pacific Trader: Interfor bets lumber prices are just taking a breather
Michael McCullough

The stock: It’s been an up-and-down year for lumber prices, and even more for the stock of B.C.’s No. 3 producer, Interfor Corp. (TSX:IFP). Last spring’s wood spike, fuelled by North Americans’ pandemic preoccupation with domestic upgrades, has given way to a more balanced, if volatile, supply-demand dynamic. Interfor evidently...

Nov 10, 2021
Pacific Trader: No longer the star of the class, Thinkific’s still making the grade
Michael McCullough

Thinkific Labs has lost close to a third of its value since its debut on the Toronto Stock Exchange at $13 in April. But the Vancouver company is still getting good grades on the operational side, executing its strategy and boosting revenues 65 percent in the third quarter compared to the same quarter a year earlier.

Nov 9, 2021
The 2021 Top 100: B.C.'s biggest companies by industry
By BCBusiness

Unprecedented times goes without saying. (Also, we never want to hear the word "pivot" again.) Despite the challenges of 2021, B.C. has no shortage of companies that are growing and growing—here are the Top 100 largest businesses in the province...

Nov 3, 2021
Carooga: Car buying at its best. Online.
Jessica Kirby

BC Business + Carooga Financing is right up there on the no-fun list along with pushy salespeople, confusing bank terms and wild-goose chasing for the perfect vehicle. Typically the most draining, confusing, and time consuming aspect of purchasing a car is financing it. Finally, this has taken a turn for the better...

Nov 1, 2021
Veteran venture capitalist Wal van Lierop shares his advice on building a tech startup and pitching investors
Mohammed Hussain

With Vancouver recognized as a North American hotbed for tech talent, the region is home to plenty of people capable of making big moves in that sector. However, one barrier that prospective founders can face is raising enough funds to...

Oct 29, 2021
G&F Financial Group and Aldergrove Credit Union: Joining Forces
Jessica Kirby

BC Business + G&F Financial Group Challenged by economic uncertainty, the global digital transformation, and heightened consumer expectations, the Canadian financial services industry is forever changing the way people bank. A merger between G&F Financial Group* and Aldergrove Credit Union brings two like minded, community focused institutions together to address these pressing issues. “Merging...

Oct 28, 2021
Q&A: Ken Peacock and David Williams talk inflation, immigration, supply chains—and Canada's debt problem
Nick Rockel

There’s an old saying that two heads are better than one. That turned out to be true when we chatted with Ken Peacock and David Williams about the province’s economic prospects. Peacock is chief economist and senior vice-president with the Business...

Oct 27, 2021
Pacific Trader: Why Aurinia Pharmaceuticals is the belle of the biotech ball
Michael McCullough

Victoria’s Aurinia Pharmaceuticals set itself the audacious goal of becoming an integrated pharmaceuticals company and took a big step in that direction last January when the U.S. Food and Drug Administration approved its drug Lupkynis for treating lupus nephritis. Now the fulfillment of that dream is in doubt though. Bloomberg reported on Oct. 25 that Bristol Myers Squibb Co. has expressed interest in acquiring the biotech firm.

Oct 26, 2021
Women entrepreneurs reluctant to access financial support: survey
Pallavi Rao

As if the COVID-19 pandemic isn’t tough enough, many Canadian women entrepreneurs have been going it alone financially. That’s one of the takeaways from a national survey of female business owners by Women’s Enterprise Organizations of Canada (WEOC), which found that more...

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