Owner Tierre Benton shares that part of her business success lies in a commitment to quality

One night, Benton was asleep and had a dream of going to culinary school and opening a restaurant. Shortly after that, she enrolled in the Clark College Culinary Management program and graduated in 2010. After that, she and her daughter rented a space in a commercial kitchen where they created and started selling baked goods at local farmers markets in the summer. They did that for two [...]

22 March 2018

Lyft exec pitches Vancouver on value of abandoning car ownership

The shift away from car ownership isn’t much different from the way we consume movies, according to Lyft’s Tim Burr. Much like how the popularity of DVDs has waned in favour of streaming services like Netflix (Nasdaq:NFLX), advances in technology are already having the same effect on vehicles – at least outside B.C. “You no longer need to own an item to enjoy the benefits of it, [...]

22 March 2018

Housing crisis complexity defies sloganeering and quick fixes

Our housing crisis is as complex as any medical mystery. Its diagnosis is difficult and the causes and prescriptions are nearly impossible to define and determine. As we move into a municipal election campaign, there will be populist notions tossed about to fix housing. They smack of Make America Great Again rhetoric, and we should be careful not to swallow them. The mantra of “ [...]

21 March 2018

Interactive map: Where B.C.’s biggest real estate deals were done

The value of B.C.’s top 100 real estate deals fell 5.9% in 2017 to $3.98 billion compared with $4.23 billion in 2016, but their median value increased by $9.1 million (51.3%) to $27.1 million compared with $17.9 million in 2016.So while there were fewer deals over $100 million on Business in Vancouver’s Top 100 Real Estate Deals of 2017 list – six compared with eight in 2016 [...]

21 March 2018

Vancouver environmental foundation launches funding push for documentary series on Africa

In a media release, the Sitka Foundation and the Aga Khan University sought to highlight “the philanthropic works of mining titans Ross Beaty and Lukas Lundin.”The series is called Giving Nature a Voice and will be administered by the Aga Khan University’s Graduate School of Journalism in Nairobi, Kenya.A number of local and international corporations pledged $50,000 each for the do [...]

14 March 2018

Geoscience BC map gets instant results

A new aeromagnetic map of a 9,600-square-kilometre region of northeastern B.C. that was unveiled near the end of January has produced almost instant results in the form of new mineral claims being staked. At the Association For Mineral Exploration Roundup conference on January 23, Geoscience BC unveiled its latest mineral mapping exercise. It was the third such exercise in the non-profi [...]

14 March 2018

B.C. breakthrough highlights rise of the robots

A robotic exoskeleton is a ferocious fighting machine to many who were introduced to the concept in the 1986 sci-fi action film Aliens, in which the protagonist uses a giant apparatus to battle the titular antagonists. But Mike Hilton hopes to soften the image of such devices with advances in robotics coming out of a B.C. research and development (R&D) firm. “We want to see p [...]

08 March 2018

Persistence, location beat oil downturn

One of the only independent natural gas engineering firms based in B.C., Solaris expected a major boom in business from a new liquefied natural gas (LNG) industry. Then in 2014, oil prices tanked, multibillion-dollar LNG projects got shelved or cancelled and Alberta’s oil and gas sector suffered a withering downturn. Solaris saw its business and head count fall by about 17%, but it [...]

08 March 2018

Federal budget fails to help Canadian businesses stay competitive, critics charge

Canadian businesses are at a growing tax disadvantage vis-à-vis their U.S. counterparts and Tuesday’s federal budget did nothing to improve the situation, according to business leaders.“A big worry is what wasn’t in the budget — and that is anything to improve Canada’s competitiveness relative to the United States on the tax reform front,” said Dan Kelly, president, chief execut [...]

28 February 2018

StayVancouverHotels.com portal aims to open doors for downtown hotels

With Priceline Group Inc. (Nasdaq:PCLN) and Expedia Inc. (Nasdaq:EXPE) dominating the online travel-agency business, the launch of any new hotel-booking site is a bold move. So StayVancouverHotels.com likely raised eyebrows when the Vancouver Hotel Destination Association (VHDA) launched the site in January with an aim of marketing downtown Vancouver hotel rooms. Executives, howeve [...]

28 February 2018

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