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Business in Vancouver
Business in Vancouver

Tighter federal drone rules could drive Canadian innovation

Iris Automation CEO Alex Harmsen (second from left) says drone regulations in Canada have become increasingly strict over the past two years. His Vancouver-founded startup has since moved its headquarters to San Francisco, although the company maintains an office in B.C.

Use of LNG as transportation fuel accelerates in BC

Seaspan Ferries recently took delivery of its second LNG-powered ferry. Photo: BIV

B.C. billionaire Jim Pattison makes largest donation for medical centre

Rendering of the St. Paul Jim Pattison Centre. Photo: St. Paul's Hospital Foundation

Vancouver rent is expensive, but it’s ‘reasonable’ for a financial centre

One-bedroom rents in top financial centres in the world. Photo: RentCafé
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Clark touts British Columbia as inclusive inward-looking countries’ alternative

Christy Clark speaks at the B.C. Tech Summit March 14. Photo: Tyler Orton

Cleantech one of the fastest growing industries in British Columbia

Photo: Carlos Castilla/Shutterstock

‘Women’s work’ value partly responsible for Canada’s wage gap

Chart: Statistics Canada report, "Women and paid work"

Canadian entrepreneurs tap tech to skirt U.S. travel uncertainty

Simon Fraser University Prof. Carman Neustaedter has been using technology to solve some of the concerns business executives and others now have about travel to the U.S. Photo: Rob Kruyt

B.C.’s minimum wage to reach US$8.60 per hour in September

Minimum wage will be C$11.35 (US$8.60) per hour in B.C. as of September 15. Photo: Marcin Kadziolka/Shutterstock.com

‘Making’ the business case for upcycling

To meet Lupii Café’s zero-waste mandate, Basic Design designed and produced all the interior furnishings and signage from reclaimed, upcycled materials. Photo: Basic Design

‘Virtual realty’ delivers Vancouver’s property to foreign buyers

Concord Pacific’s Brentwood project used virtual reality to showcase its condos before any were built. Photo: Business in Vancouver

BC marijuana company to distribute pet products in New Zealand

True Leaf Medicine CEO Darcy Bomford

Average Vancouver one-bedroom rent reaches record high

The average rent for a one-bedroom apartment in Vancouver reached an all-time high in February. Photo: Shutterstock

BC home sales settle back to historic averages

Home sales fell in Vancouver in January. Photo: Rob Kruyt/BIV

PayPal acquires Vancouver company for US$232 million

TIO Networks CEO Hamed Shahbazi

Vancouver has the highest population density in Canada

Vancouver has the highest population density in Canada, according to the 2016 Census. Photo: Shutterstock

BC, Canada investing in zero-emission vehicle programme

Photo: Shutterstock

Vancouver home sales 10 per cent below average in January

Sales of homes in Vancouver last month were 10 per cent below the 10-year average across the region. Photo: Shutterstock

BC residents less concerned about their finances than last year

Photo: Insights West

A third of Canadian Netflix subscribers share their accounts

The percentage of Canadians who subscribe to Netflix grew to 44 per cent in 2016, up from 41 per cent the year before. Photo: Gil C/Shutterstock

B.C. government to lift foreign-buyer tax for those with work permits

Photo: Dan Toulgoet/BIV

‘Moby Dick’ deemed offensive as a restaurant name

Photo: http://www.mobydickrestaurant.com/

Could Canadian fusion power be in play by 2030?

General Fusion founder Michel Laberge with the company’s mini-sphere compression system prototype. Laberge earned a plasma physics degree at UBC, which no longer has a plasma physics program. Photo: Rob Kruyt/BIV

Most young Vancouverites would rather leave BC

A view of the City of Burnaby as seen from Burnaby Mountain. Young residents across the Lower Mainland say they would prefer to leave the province altogether if they can't live in the region. Photo: Shutterstock

Lunar New Year bright for metals, oil, BC Canada Liberals

Richmond astrologer and fortune teller Sherman Tai with coins and turtle shell; the coins are shaken inside the shell, then rolled onto a table like dice to start the forecasting process. Photo: Rob Kruyt

Vancouver airport reveals US$4.2 billion expansion plan

This rendering shows some real trees that would be growing in a glassed-in part of the future international terminal at Vancouver International Airport. Photo: YVR

Hacking highlights risks for digital advertisers

Snaptech Marketing co-founder Flavio Marquez cautions that any advertising that relies on algorithms can be hacked. Photo: Rob Kruyt/BIV

BC has record year for home sales in 2016

Houses in North Vancouver. Home sales across British Columbia hit record levels in 2016. Photo: Shutterstock

CIBC opens Canada’s first ski-thru ATM at Whistler

Ashleigh DeMerit uses the new CIBC ATM atop Whistler Mountain. DeMerit won a gold medal at the 2010 Winter Olympics in ski cross when she was known as Ashleigh McIvor. She has since married former Vancouver Whitecap Jay DeMerit. Photo: CIBC

Upstart Vancouver eyes Toronto’s fintech crown

Left to right: Stanley Li, Michael Jover, Marla Dranfield and Osama Khan discuss a project at Progressa’s Vancouver offices. Photo: Chung Chow/BIV

BC’s 2016 housing starts hit highest level in decades

Across Canada, starts increased to 207,000 annualised units in December, compared with 170,900 units in December 2015. Photo: Shutterstock

UBC reinstates John Furlong as keynote speaker

John Furlong was CEO of the 2010 Olympics organising committee.

Cannabis firm acquires stake in Vancouver biotech

Anandia Labs co-founder Jonathan Page agreed to sell 20% of his company to CannaRoyalty because he likes CannaRoyalty's expertise in extraction and post-processing. Photo: Chung Chow

BC power consumption hits record high

Demand for electricity reached a record level January 3. Photo: Shutterstock

Kick-starting the drive for ‘hydrogen fuel cell 2.0’

Loop Energy CEO Ben Nyland with his company’s new hydrogen fuel cell at the Institute for Fuel Cell Innovation at UBC. Photo: Rob Kruyt

Volkswagen acquires Vancouver’s PayByPhone

Vancouver drivers can use PayByPhone's smartphone app to pay for parking in the city. The local tech company has been acquired by German auto giant Volkswagen. Photo: Tyler Orton

Broadband internet now a basic service in Canada

All Canadians—including those living in rural and remote areas—will soon have access to an unlimited data option for Internet services. Photo: Shutterstock

Vancouver home affordability hits record low

A small house in Vancouver. Could home affordability in the city be at a turning point? Photo: Shutterstock

Canadian green groups launch legal challenge to block pipeline

A seven-fold increase in oil tanker traffic puts killer whales at risk, according to the legal challenge. Photo: Kinder Morgan

British Columbia send holiday care packages for crew aboard Hanjin

A Hanjin ship in Oakland, California, in February 2016. Photo: Sheila Fitzgerald/Shutterstock.com

British Columbia wine labelling regulations changed

The B.C. wine industry has been moving toward a system where the Okanagan Valley would have official subregions that can appear on wine labels. Photo: Shutterstock

Vancouver housing starts rebound in November

Photo: Shutterstock

British Columbian startup pioneering bank ownership

Equity crowd funding startup FrondFundr CEO Peter-Paul Van Hoeken (centre) is flanked by his team (from left) Jill Earthy, Sean Burke and Imraj Pasricha. Photo: Rob Kruyt

Poly Culture rolls into British Columbia

Tour guide Liqun Wan (left) points out the mix of European and Chinese motifs in a gold animatronic clock during the opening of Poly Culture Gallery in downtown Vancouver. Photo: Chung Chow

Richmond Canada petitions against birth tourism

Photo: Business in Vancouver

Canada’s British Columbia Liberal MLAs disclose income sources

Photo: Business in Vancouver

British Columbia rental plan needs buy-in

Photo: Shutterstock

Canadian GDP grows in Q3

A return to normal oil production after the sector was held back over the summer due to wildfires in Alberta helped drive GDP growth in Q3. Photo: Shutterstock

Forecast says home sales will fall in Vancouver next year

Photo: Shutterstock

Apartment vacancies in Vancouver continues to diminish

Apartment vacancy rates fell across the Vancouver CMA between October 2015 and October 2016. Photo: Shutterstock

Canadian technology companies taking on big-league aspirations

Daniel Abram, chief technology officer of Shield-X Technology, Inc., has developed a helmet decal that aims to redirect the force of impact to the head, lowering the chance of injury. Photo: Chung Chow, BIV files

British Columbia home to 20 of Canada’s top 100 most powerful women

Shannon Rogers, president and general counsel, Global Relay Communications, is among 20 British Columbians honoured by WXN's Top 100 Most Powerful Women in Canada awards. Photo: BIV files

Major quake could cost US$74 billion to Canadian economy

The aftermath of the 2011 earthquake and tsunami in Japan. The Conference Board of Canada has released a report on impact of earthquake one day after a second earthquake rocked Fukushima, Japan. Photo: Shutterstock

Retail sales strong across BC year-over-year in September

Sales of motor vehicles drove a 2.5 per cent year-over-year gain in retail sales across Canada in September. Photo: KELENY/Shutterstock.com

New app to make for less Lonely Planet

Go Solo, a new app developed by Travel Best Bets president Claire Newell, is tapping into a market that has grown threefold since 2013. Photo: Rob Kruyt

Provincial Canadian premier’s landlord linked to soccer team owner

Premier Christy Clark posed for a selfie with a BC Lions jersey inside the house in which she is now a tenant of an associate of Vancouver Whitecaps' owner Greg Kerfoot. Photo: Twitter

Vancouver outlines exemptions on new empty homes tax

A house in Vancouver. City council has formally approved a 1 per cent empty homes tax. Photo: Shutterstock

British Columbia ‘playing catch-up’ as Ontario unveils new fintech-friendly initiatives

Photo: Business in Vancouver

Almost all British Columbian businesses can apply for liquor licences next year

Starting in January, businesses such as barber shops, salons and stores will be able to apply for liquor licences. Photo: Shutterstock/Olena Yakobchuk

British Columbia’s most profitable tech firms look beyond Vancouver for top talent

Workers at Absolute Software Corporation hold a meeting over a conference call with executives based in other cities in North America. CEO Geoff Haydon says 2015 was a “transformational” year for the company, as profits jumped more than 40%. Photo: Business in Vancouver

Lululemon founder is ‘long-term-driven’ for company

Lululemon founder and largest shareholder Chip Wilson bought transit shelter ads outside the company’s Kitsilano headquarters to promote his blog, which contains comments about the company’s management Photo: Bob Mackin

Trump win could strain US trade relations with Canada

Donald Trump may find that tearing up the North American Free Trade Agreement may be easier said than done. Photo: Shutterstock

Vancouver to continue to lead Canadian economic growth for the next year

Construction in Vancouver was aided by record total of 28,400 units’ construction being started in 2016. Photo: BIV files

Ethics, economics collide in Canada's seafood sector

Fish Counter co-owner Mike McDermid believes people wrongly think fresh fish is better than frozen. Photo: Chung Chow

Canada must take long road on growth, Bank of Canada governor says

Bank of Canada Governor Stephen Poloz talked long-term declining growth due to demographics in developed economies. Photo: Matt Brock/BCBC

Dreamliner opening skies to increased traffic

Air Canada president of passenger airlines Ben Smith explains the importance of filling business class seats to make non-stop, long-haul flights viable. Photo: Glen Korstrom

Inside Vancouver city hall’s Chinese flag flap

Photo: estherpoon/Shutterstock

B.C. whisky sector starts to mature

Central City Brewing + Distillers plans to eventually have eight-year-old and 12-year-old whiskies. Photo: Central City Brewing

B.C. trade minister stuck in China with broken hip

B.C. International Trade Minister Teresa Wat (in white dress) at a Zhuhai, China aerospace trade fair in a photograph published November 1. Photo: B.C. Government Flickr

BC’s C$100m tech fund drops C$15m into Vancouver firm

Richard Nathan is managing director of Toronto-based investment firm Kensington Capital Partners. Photo: Patrick Blennerhassett

BC minister forges closer ties between Canadian province and Malaysian sultan

Parliament buildings located in Victoria, British Columbia, Canada. Photo: Shutterstock

Vancouver’s burgeoning Latin American community means business

Ambassador Nicolas Lloreda Ricaurte (far left) speaks to students at the Sauder School of Business at the University of British Columbia in Vancouver about trade and investment opportunities in Colombia. Photo: canada.embajada.gov.co

Ottawa to spend US$60 billion over next decade on capital works

Canadian Finance Minister Bill Morneau's budget update earmarks billions for public transit, affordable housing, transportation and "green" infrastructure. Photo: Adam Scotti/PMO

Missed revenue opportunities and too much politics, say reports on Vancouver School Board

Photo: BIV Files

Pumpkin beer business booms in Canada

Gary Lohin, Central City Brewers and Distillers brewmaster, with a glass of Central’s Red Racer Spiced Pumpkin Ale Photo: Chung Chow

BC Liberal fundraising challenged in Canadian court

Premier Christy Clark speaking to the Vancouver Leader's Dinner, the BC Liberals' biggest annual fundraiser, last June at the Vancouver Convention Centre. Photo: BC Liberals

Vancouver video game studio retools Gears of War saga

Gears of War became a billion-dollar franchise for Microsoft after its 2006 release. Photo: Microsoft

Vancouver’s airport boss voices disapproval of federal privatisation recommendation

“The new term in vogue in Ottawa is ‘asset recycling,’ and so the idea of somehow capitalising an infrastructure bank by selling off the airports has real appeal because there would be a large cheque attached,” says YVR CEO Craig Richmond. Photo: BIV files

Inflation rate cools in Canadian province from August to September

British Columbia’s core rate, which strips away volatile segments such as gasoline and food, held steady at 1.8 per cent — the same as in August. Photo: Shutterstock

BC consumer spending up more than 7 per cent over the past year

Canadians are using their credit cards more as consumer preferences shift, according to Moneris. Photo: Shutterstock

Satellite phones key in government operations when the Big One hits Canada

Photo: Shutterstock

Bank of Canada maintains overnight rate but downgrades outlook

The Bank of Canada says the downgrades were a result of slower near-term housing resale activity following the government’s new measures to promote housing market stability, which are likely to restrain residential investment while dampening household vulnerabilities. Photo: Shutterstock

Class action against Canadian city of Vancouver takes aim at heritage by-law

The lawsuit says the by-laws and an amendment to protect heritage sites “were adopted illegally and in excess of Vancouver City Council’s authority under the Vancouver Charter." Photo: Shutterstock

Watchdogs find lax management of smartphones and tablets by BC government

It allegedly took employees two to six days to report lost phones and at one ministry, employees were advised not to make reports for up to three days in case devices were found. Photo: Shutterstock

Canadian E-commerce firm survival requires cutting-edge technology

Clearly CEO Roy Hessel peers through an opening at his company's Vancouver manufacturing factility in the Broadway Tech Centre. Photo: Rob Kruyt

New US$500m biotech venture fund to be based in Vancouver

The new US$500 million venture fund was set up by Vancouver’s Quark Venture Inc. and GF Securities, which is headquartered in Guangzhou. Company LimitedPhoto: Shutterstock

Victoria the best place in Canada to be a woman

A high number of females in political leadership roles is one of the reasons Victoria is the best place in Canada to be a woman. Photo: GTS Productions/Shutterstock.com

Vancouver once again has Canada’s biggest jump in repeat home sales prices

Vancouver repeat home sales prices grew 24 per cent year-on-year in September, according to Teranet. Photo: Rob Kruyt

Canada’s foreign real estate buyers tax won’t be a long term deterrent

While the introduction of a 15 per cent foreign buyers tax has cooled the real estate market in Vancouver, the effects will not last indefinitely, according to a new RBC report. Photo: Shutterstock

Debate on VR’s potential for Hollywood hits Vancouver International Film Festival

Attendees at the Vancouver International Film Festival’s virtual reality conference explore digital landscapes as industry experts debate whether Hollywood can make money from VR. Photo: Shannon RD Miller

Vancouver the most sustainable city in North America

Vancouver is the most sustainable city in North America, according to a new Arcadis report. Photo: Joseph Hanus

BC growth ‘decelerating’ as Canada cranks out 67,000 jobs in September

Statistics Canada notes that British Columbia has added 62,000 jobs in the last year for a growth rate of 2.6 per cent, the fastest of all provinces. Photo: Shutterstock

Legalised pot set to spark new joint ventures in Canada

University of British Columbia adjunct professor Jonathan Page: the Anandia Labs founder co-led the first genome sequencing of cannabis sativa. Photo: Chung Chow

BC expected to lead in Canada’s economic growth in 2017

Photo: BMO Financial Group

Why financial institutions, Vancouver start-ups are aiming for ‘collaboration rather than disruption’

From left, Trulioo’s Zac Cohen, Wealthbar’s Chris Nicola, Conconi Growth Partners’ Hashem Aboulhosn, Payfirma’s Michael Gokturk and Progressa’s Ali Pourdad attend Vancouver Start-up Week to discuss how their financial technology companies are collaborating and competing with the incumbents.

Auditor General says better monitoring needed for BC government’s IT spending

BC Auditor General Carol Bellringer. Photo: BIV files/Jesse Hlady

Metro Vancouver home sales continue to plunge in September

Sales of detached properties, previously the sector with the greatest strength, saw the region’s biggest plunge with a total of 666 sales, 47.6 per cent down from last year. Photo: SUBMITTED

Canadian Turkey consumption shifts to more processed-meat products

Abbotsford’s Shawn Heppell plans to produce 1.2 million kilograms each of turkey and chicken this year. Photo: Rob Kruyt

Canada sets a low bar for carbon pricing

Other provinces still have some way to go before catching up to British Columbia's carbon pricing.

Canadian Liberals nix fall Legislature sitting

Legislature building, Victoria, British Columbia, Canada. Photo: Shutterstock
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