Business struck by bullet during shooting on Cambie Street

Vancouver police are investigating a shooting that left a bullet hole in the front of a Cambie Street business Thursday evening. Neighbours reported hearing several gunshots in the Cambie Corridor near 48th Avenue around 8 p.m., and initially thought someone was setting off fireworks. Officers flooded the area and used police dogs to search for possible suspects, bu [...]

24 February 2018

Budget’s higher business costs dim B.C. investment prospects

The first full budget unveiled by the BC NDP government offers a mix of higher spending, tax hikes on business and significant commitments to expand child care and address concerns over housing affordability and real estate speculation. Finance Minister Carole James was determined to deliver on some of her party’s key election platform promises. But she also wanted to keep the oper [...]

24 February 2018

Editorial: Far East fuel-cell fact and fiction

Ballard Power Systems’ latest Asian initiative illustrates some of the opportunities and challenges awaiting Canadian companies anxious to tap Far East business opportunities in the new age of U.S. trade protectionism. As Business in Vancouver recently reported, New York-based Spruce Point Capital Management cast aspersions on an impressive 167% jump in Ballard’s stock price in 20 [...]

20 February 2018

Avigilon closes $108m sale of downtown Vancouver office tower

Avigilon Corporation (TSX:AVO) has closed the previously announced sale of its downtown office tower for C$107.5 million, the company announced February 16. Avigilon, which specializes in high-definition surveillance software and hardware, originally bought the tower at 555 Robson Street from Telus Corporation (TSX:T) in 2015 for C$42 million. The property, including both the land and the [...]

20 February 2018

Editorial: Cannabis retail readiness red alert

Is anyone really prepared for marijuana legalization? The operators of illegal outlets around Metro Vancouver might be, but most legitimate businesses are not. Judging by the recent release of its recreational marijuana retailing framework, the BC NDP government has been busy preparing for the federal government’s summer legalization. That framework will largely stifle free-market [...]

14 February 2018

Throne speech signals spending spree

British Columbia is about to embark on a massive social spending spree that will see increased government spending on housing, child care, hospitals, schools and playgrounds and embark on a range of studies and reviews on everything from hydraulic fracturing to the risks of pipeline spills. In its Throne speech Tuesday, February 13, the new NDP government sketched out its long-range p [...]

14 February 2018

Report shows 'large economic development potential' for Vancouver-Seattle rapid rail

An ultra-high-speed rail line between Vancouver and Portland would create hundreds of thousands of jobs and billions in economic benefits for the Vancouver-Seattle corridor, according to an economic analysis.The analysis, which was paid for by Microsoft and trade unions, was recently added to a rail line study that was conducted by Washington state’s department of transportation and [...]

09 February 2018

Calgary business group calls for boycott of burger chain that serves B.C. beef

A Calgary business group is calling for a province-wide boycott of American fast food chain Smashburger for serving B.C. beef. The announcement is the latest salvo in a brewing trade war between the two provinces that kicked off after Alberta’s NDP government on Tuesday announced a ban on the import of B.C. wine. This decision came in response to the B.C. NDP government’s att [...]

09 February 2018

Running a business on Surrey Strip 'a nightmare,' mechanic says

A stretch of road in Surrey's Whalley neighbourhood has become so overrun by homelessness, drug use and crime that businesses are being forced to pack up and leave, a local mechanic says. "It's a nightmare for any business to come across the stuff we have to deal with on a daily basis," said Paul Chen, who runs Centreline Auto Repair, located on 106 Avenue at the end of 135A Street. [...]

07 February 2018

Yaletown businesses outraged over loss of parking

It’s difficult to find parking in Yaletown and it’s about to get even tougher. The City of Vancouver plans to remove between 60 to 80 parking spots from the two heritage streets, Hamilton and Mainland, in order to ensure fire trucks can access the neighbourhood when there is an emergency. Those two streets currently have about 200 parking and loading spots, according to the [...]

07 February 2018

Apartment towers planned for Richmond Centre mall

A project proposal for Richmond Centre could mean big changes for the mall’s south end. Wayne Barwise, executive vice-president of development for Cadillac Fairview Corporation Ltd., has tasked GBL Architects to develop 12 apartment towers comprising 2.11 million-square-feet of residential and commercial space. The project remains a proposal, but according to the City of Richmond, [...]

06 February 2018

Time for RV dwellers to move home, East Vancouver businesses say

Businesses on a quiet street in East Vancouver want the city to deal with what they call a dramatic increase in the number of campers and RVs permanently parked there. Glen Drive near Terminal Avenue has in recent months become a hub for people parking and living inside their vehicles.It's part of a larger trend across Vancouver of people skirting expensive housing by living i [...]

06 February 2018

Vancouver's Rio Theatre launches petition to save landmark

The owner of East Vancouver's beloved Rio Theatre is asking supporters to help her buy the land the cinema sits on in order to save the 1930s building from being torn down. The landlord put the lot on sale last week but has given owner Corinne Lea until Tuesday to come up with a 'market value' offer for the land. A petition supporting the Rio Theatre garnered 8,000 signatures i [...]

05 February 2018

Implementing Blockchain Technology: Understanding Smart Contracts

The term “blockchain” has become ubiquitous in recent months, garnering headlines and social media attention.  It also tends to be a source of confusion.  I am often asked whether blockchain is different from bitcoin or whether it has anything to do with the recent explosion of activity in the initial coin offering space.  The answer to both these questions is yes, but [...]

16 January 2018

Lift Cannabis Expo lights up Vancouver this weekend

Exhibitors, lecturers, cooks and business types will convene on Vancouver this weekend for one of the biggest sessions this side of Sunset Beach. Billing itself as “Canada’s Premier Cannabis Event,” the Lift Cannabis Expo runs Jan. 13 and 14 at the Vancouver Convention Centre. A business conference precedes the expo on Jan. 12. The trade show aspect of the event will include 200 e [...]

09 January 2018

Caught on cam: Thief smashes through front door of Vancouver store

VANCOUVER, Wash. -- The owner of a Vancouver MetroPCS store is cleaning up after a man smashed his way through the front door and stole over $3,000 worth of cell phone accessories. “I got a call from the alarm company asking if they should send the police because there was an alarm going off,” said owner Aaron Allina of the incident, which happened Saturday morning at the s [...]

09 January 2018

To your health

One of the key attractions of B.C. in the eyes of immigrants is its highly regarded system of universal health care. While workers relocating from other parts of Canada take it for granted, it’s an attractive feature companies often mention as a reason for establishing offices here. It is also rapidly evolving into the backbone of a dynamic life sciences sector.But there’s a cost: th [...]

21 December 2017

Founder of Vancouver lithium venture cashes in on decarbonizing the economy

In 2015, Vancouver junior-mining financier Brian Paes-Braga bet that it would be good business to get into supplying materials  for fossil-fuel-free transportation.This week, the 29-year-old Paes-Braga and his partners in the venture they founded, Lithium X Energy Corp., cashed in on that bet with a $265-million deal to sell the company to Chinese firm NextView New Energy Lion Hong [...]

21 December 2017

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BusinessAvigilon closes $108m sale of downtown Vancouver office tower

Avigilon Corporation (TSX:AVO) has closed the previously announced sale of its downtown office tower [...]

20 February 2018

BusinessEditorial: Far East fuel-cell fact and fiction

Ballard Power Systems’ latest Asian initiative illustrates some of the opportunities and challen [...]

20 February 2018

China & WorldVancouver's Hot Housing Market Gets Tougher for Wealthy Chinese

Vancouver, one of the hottest housing markets in North America, is getting a little tougher for weal [...]

21 February 2018

BuzzCanucks sign Erik Gudbranson to a three-year extension

Defenceman Erik Gudbranson has signed a three-year contract extension with the Vancouver Canucks.The [...]

21 February 2018

BusinessBudget’s higher business costs dim B.C. investment prospects

The first full budget unveiled by the BC NDP government offers a mix of higher spending, tax hikes [...]

24 February 2018