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Western Forest Products' Port Alberni, sa¹ú¼Ê´«Ã½, mill closes as company seeks viable path

Western Forest Products' Port Alberni, sa¹ú¼Ê´«Ã½, mill closes as company seeks viable path

More than 100 workers in Port Alberni are the latest forest industry employees to face layoffs as Western Forest Products confirms it will not restart its sawmill in that Vancouver Island city.
Rent rose by one third for Greater Victoria apartments changing hands last year: CMHC

Rent rose by one third for Greater Victoria apartments changing hands last year: CMHC

The sharp increase helped drive up the average cost of renting a two-bedroom unit in a purpose-built rental apartment by 6.7 per cent from 2021.
Businessman embroiled in Sooke Harbour House legal battles to be deported

Businessman embroiled in Sooke Harbour House legal battles to be deported

A deportation order was issued Jan. 18 for Timothy Craig Durkin because of his involvement with a U.S. Ponzi scheme.
Sawmill permanently closing as Canfor restructures sa¹ú¼Ê´«Ã½ operations

Sawmill permanently closing as Canfor restructures sa¹ú¼Ê´«Ã½ operations

VANCOUVER — Canfor Corporation says it is "restructuring" its operations in British Columbia, permanently closing one sawmill and shuttering another for an extended period amid plans to build a new wood manufacturing facility.
BoC hikes key interest rate by quarter of percentage point

BoC hikes key interest rate by quarter of percentage point

OTTAWA — The Bank of sa¹ú¼Ê´«Ã½ is raising its key interest rate by a quarter of a percentage point, bringing it to 4.5 per cent.
Panel finds man lied about Sooke Harbour House shares

Panel finds man lied about Sooke Harbour House shares

A sa¹ú¼Ê´«Ã½ Securities Commission panel says Timothy Durkin defrauded a would-be immigrant from China of $1 million by lying about the ownership of the Sooke Harbour House hotel and restaurant
Preliminary report nixes idea of environmental review of Bamberton quarry expansion

Preliminary report nixes idea of environmental review of Bamberton quarry expansion

The preliminary Environmental Assessment Office report says the dock extension and soil deposit site could not be reviewed, as they are substantially underway, and recommended against reviewing the quarry.
West Van buys Jimmy Pattison's waterfront home for $5.2M

West Van buys Jimmy Pattison's waterfront home for $5.2M

Plans to purchase the waterfront home, which once belonged to the family of Jimmy Pattison, have been in the works for a long time.
$50M in funding to transform Crofton mill, bring back 100 workers

$50M in funding to transform Crofton mill, bring back 100 workers

Paper Excellence says it will retool a machine to produce water-resistant paper to replace single-use plastics for the food industry, and its boiler system to use waste bark and wood instead of natural gas
Kevin Greenard: First Home Savings Account — what you need to know

Kevin Greenard: First Home Savings Account — what you need to know

Every person who is serious about purchasing their first home should learn about the FHSA. Here’s what you need to know.