Three B.C. First Nations buy provincial Jericho Lands for $480 million
Three British Columbia First Nations have signed a deal to acquire the provincial Jericho lands for $480 million, making them the owners and developers of arguably the most valuable real estate in the country. The agreement, which was reached April 8, involves...
B.C. had Canada’s fastest year-over-year job growth in March: StatsCan
According to Statistics Canada, British Columbia is the top performer in Canada with a 3.2% increase in employment rate in the 12 months to March. B.C. gained 72,000 jobs year-over-year in March, helped by an increase of 9,000 positions in the month, according to...
Canadian economy grows more than expected, dimming chances of rate cut
One month of strong economic growth shouldn’t be seen as a pattern of sustained recovery for 2016. But when followed by three straight months of gains at the end of last year, that might tell a different story. Canada’s gross domestic product grew by a nearly...
Commodity prices set for significant rebound in 2016
While commodity prices fell 0.3% in February and 25% year-over-year, the second half of the month saw the beginning of a price rally that is expected to continue throughout 2016, according to Scotiabank’s commodity price index released March 29. As China’s economy has...
Vroom!
Another successful Impact company event at the <b>TBC Indoor Racing</b> to test out our recruiters' driving skills! We are happy to report that no one was seriously injured, and we now have a better...
The five-year mining bear market is finally coming to an end?
Recent stock markets suggests an end to the mining bear market with the increase of gold and copper prices. “I think it is possible that the worst is over,” Scotiabank commodities analyst Patricia Mohr said. “It doesn’t mean that prices generally are going to move up...
Vancouver ranks number one in world luxury real-estate market
Vancouver's real estate has gained international attention and outranked Shanghai, San Francisco, and Monaco. Out of 100 international real-estate markets, Vancouver ranks number one in the global luxury retail market. U.K.–based consultants Frank Knight's The Wealth...
Accounting firm enters business law market
One of the largest accountancy firms has restructured its affiliated law firms, signalizing that accountancy firms are ready to go mainstream with their legal offering in Canada, supporting their clients with corporate reorganizations, mergers and acquisitions, and...
Developer unveils plans for downtown Canada Post
This project is billed as "the largest heritage revitalization project in the city's history"! But even without specifics, the message was clear; the post office is here to stay. Its new owner, the B.C. Investment Management Corporation, which purchased the building...
B.C. gains 14,000 jobs in February, leads the country in employment growth
The construction sector leads B.C.'s employment growth gaining 34,000 positions in the month of February. B.C. added 14,100 jobs in February, according to Statistics Canada data released March 11, keeping its unemployment rate steady at 6.6%, compared with 7.3% across...
Canadian exports show signs of strength amid U.S. growth, low loonie
Things are looking more positive for Canada!Canadian exports are finally starting to show signs of a persistent recovery, with analysts cheered by healthy volumes in January that rose sharply thanks to the weak domestic dollar and continued U.S. growth.Read the full...
UNBC helps B.C.’s wood building industry hit new heights
B.C. to build a 53 metre wooden building, 18 storeys tall, making it the tallest wooden structure in Canada. As the world moves toward decarbonization, wood as a building material for highrises and even bridges is gaining in popularity because concrete and steel...