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Capital Regional District plan to borrow up to $85M for housing approved

Capital Regional District plan to borrow up to $85M for housing approved

Only 1,859 forms in opposition were submitted through an alternative approval process —well short of the 33,000 required to kill the plan
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Economic climate 'extremely challenging,' rental-project developers say

Economic climate 'extremely challenging,' rental-project developers say

Interest rates combined with local governments requests for everything from transportation to parks can hamper a project’s financially viability
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B.C. introduces legislation to spur small-scale multi-unit home construction

B.C. introduces legislation to spur small-scale multi-unit home construction

Municipalities will be required to adopt new zoning bylaws to comply with the provincial changes by June 30 of next year
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‘Attack on property rights’: Why B.C.’s new rental rules leave some owners on edge

‘Attack on property rights’: Why B.C.’s new rental rules leave some owners on edge

Some feel like collateral damage in the midst of new provincial and municipal rules regulating and restricting short-term rentals
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Builder of troubled Langford rental tower files for bankruptcy

Builder of troubled Langford rental tower files for bankruptcy

Evacuated twice due to safety concerns, 150 creditors are owed more than $51 million, filing says
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Hampered by highway closing, mill owner San Group to build ramp for barges at Port Alberni

Hampered by highway closing, mill owner San Group to build ramp for barges at Port Alberni

Costs climb as forestry company is forced to use detour to deliver goods: “We can not depend on just one highway.”
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Crofton mill to be idled for 30 days, Port Alberni for two weeks

Crofton mill to be idled for 30 days, Port Alberni for two weeks

Closures come just five months after senior governments contributed $18.8M to support the Crofton mill and its jobs
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Contentious Rockland development proposal sent to Victoria City Hall

Contentious Rockland development proposal sent to Victoria City Hall

A Rockland development proposal has been reworked and new plans are at Victoria City Hall for staff review. “It is considerably different,” Mike Miller, head of Abstract Developments, said June 27.
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Victoria software developer Helm Operations acquired by Japan-based marine society

Victoria software developer Helm Operations acquired by Japan-based marine society

Marine software developer Helm Operations has been sold to Tokyo-based ClassNK, a major classification society serving the merchant fleet around the world.
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Court overturns B.C. government's timber grant to Western Forest Products

Court overturns B.C. government's timber grant to Western Forest Products

The B.C. Supreme Court has quashed a Ministry of Forests decision to grant close to one million cubic metres of timber on northwest Vancouver Island to Western Forest Products without consulting a First Nation band.
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