Jacob Parry
Recent Posts on BCBusiness - Page 2
This past February, Mike de Jong—a BC Liberals stalwart since the early ’90s and finance minister since September 2012—tabled his third balanced budget. For most governments, a string of balanced budgets would be a public relations coup, but in the days that followed budget day, attention turned to everything not addressed...
Chief Ian Campbell of the Squamish First Nation has a message for the denizens of Vancouver: “We’re coming home to our own lands.” Campbell, age 43, is a sixth-generation descendent of chief Khatasalano and, since birth, head of the 4,000-person nation. After briefly considering a career in heavy-duty mechanics post-high school...
When Amelia Gao set out to plan a splashy $8,000-a-table fundraiser for the gallery’s Institute of Asian Art, launched in the fall of 2014, she wasn’t sure there would be much interest among her target audience of new Canadians of Chinese descent. “We weren’t very confident that people would be interested...
REVENUE CHANGE: +188.6% NET INCOME: N/A NET INCOME CHANGE: N/A Even before he sold his eyewear e-commerce company Coastal Contacts to French retailer Essilor for $435 million in 2014, Roger Hardy had jumped into his next deal—merging Vancouver-based startup ShoeMe.ca...
Bombardier will continue to make planes, trains and snowmobiles—but no more water bombers, thanks to a deal it’s inked with Viking Air Ltd. The North Saanich-area company has purchased Bombardier’s water bomber division which includes product support, parts and service for a fleet of 170 planes based in 11 countries...
Vancouver’s tourism sector is poised for a strong summer, and may have the Trump Tower to thank. According to a report released Wednesday by the Conference Board of Canada, overnight visits are poised to grow by 4.1 per cent in 2016, thanks to the strength of both the domestic and...
Brewers in B.C. need only look over yonder at Washington State and Oregon to spot the next big thing in brewing—and it has nothing to do with beer. While still in the shadow of B.C.’s $73-million craft beer industry, B.C.’s nascent cider sector—an estimated $2-million industry—is on a streak. In...
British Columbia has improved as a place for mining investment, according to the Fraser Institute’s annual survey of mining executives released Thursday. B.C.’s ranking jumped 13 places over last year, but it still falls behind Saskatchewan, Quebec and Ontario—and foreign jurisdictions such as Utah, Finland and Queensland, Australia. At issue was...
Christy Clark’s government isn't living up to the transit funding commitments made by former premier Gordon Campbell in 2008, according to a report from the David Suzuki Foundation. On the weekend, the provincial government announced it would fund one-third of future transit projects in the Lower Mainland but only for...
Despite moving halfway around the world, the former Queen of Chilliwack is the same old boat, for the most part. Her hull has been painted black—better suited to the warm, corrosive waters of the South Pacific. The cafeteria has swapped the clam chowder for chicken curry. And a 30-foot-long awning...
Even amidst a potentially project killing drop in the price of natural gas, B.C. is set to lead the country in natural gas production growth over the next two decades, according to a report from the National Energy Board—its first public long-term energy outlook for the province. The report comes as...
The housing situation in Metro Vancouver has reached a crisis point and government inaction is to blame, or so asserts a report from Simon Fraser University’s School of Policy that aims to sort out the many explanations for Vancouver’s recent escalation in home prices. The report, more cri de cœur than...