Finance

Jan 26, 2010
The Wintertime Fall of Intrawest
Tony Wanless

Once proud Intrawest has become just another financial football. There's been quite a bit of hand wringing and gnashing of teeth regarding the fact that Whistler and Blackcomb resorts, the sites for the upcoming Olympics, may be involved in a different kind of competition this month. Banks who hold a ton of debt for Intrawest, owner of the resorts, are getting pretty antsy about repayment problems and so are threatening to capitalize on all that Olympic publicity by putting it on the...

Jan 6, 2010
The Economists
Jim Sutherland

Five of B.C.’s leading financial thinkers reflect 
on the Year from Hell – and what we can expect in 2010 
(hopefully, something better…) Will this go down as the era of the economist? Especially in recent months, we’ve hung on their...

Dec 3, 2009
Summerland & District Credit Union
BCBusiness D.B.

At Summerland & District Credit Union, a day at the office is like spending time with family. Number of employees: 39 Head office: Summerland Quote: “There is a sense of family and belonging that I have not experienced anywhere else. The top management really cares about staff”

Dec 3, 2009
Odlum Brown Ltd.
BCBusiness D.B.

During the financial crisis, Odlum Brown was able to avoid layoffs and maintain salary levels, shareholder payouts and profit sharing. No surprise, then, that retention is not an issue. Number of employees: 225 Head office: Vancouver Quote: “A new mother was given remote computer access so she could continue looking after her clients from home – no ‘glass ceiling’ just because someone wants to start a family”

Dec 3, 2009
Integris Credit Union
Jessica Werb

Employees at Integris are likely to mention the company’s compassion and community involvement than its generous compensation package. Number of employees: 172 Head office: Prince George Quote: “There is no ‘us and them.’ We are kept well-informed about the direction and growth of the company. We know what part we play and how we contribute to the growth”

Dec 3, 2009
Omni Companies
Jessica Barrett

“It’s all about communication in here,” says receptionist Sue Cartwright. “We’re taken care of here, and that is a really nice thing." Number of employees: 47Head office: VancouverQuote: “The vision and mentality of the owner of the company is highly unusual in the cutthroat world of business; he remains true to...

Dec 2, 2009
B.C.'s HST: Singing in Harmony
Steve Burgess

The HST makes for strange political bedfellows – and 
interesting historical parallels. It has to be admitted: the B.C. Liberals weren’t kidding when they named the Harmonized Sales Tax. Any piece of legislation that creates ideological harmony between Bill Vander Zalm...

Oct 8, 2009
The Accidental Innovator
Tony Wanless

Sometimes you just have to create a whole new market. Blue Ocean Strategy is a phrase coined and trademarked by authors W. Chan Kim and Renee Mauborgne to describe an innovation method in which companies combine or strip off various business...

Oct 8, 2009
Tax Dodgers: Avoidance Techniques
Dawn Paley

Could a U.S. crackdown on tax havens turn Vancouver into a global financial centre?  Mentioning international taxation in the same breath as, say, the Cayman Islands or Bermuda is a quick way to turn images of a tropical holiday into a nightmare of paperwork and complicated accounting. While international taxation isn’t particularly sexy, it is coming under more scrutiny in the U.S., and that’s causing longtime advocates to see renewed hope for establishing Vancouver as an international finance centre.
...

Sep 24, 2009
Ponzi Scheme Rats in Canada
Tony Wanless

If it seems like there are a ton of investment scams and schemes around suddenly, you’re mistaken. Bad and outright fraudulent investments have been around since people first started handing over their money to other people with the hope of...

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