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Plans for a high-speed passenger-ferry service between the port of Nanaimo and Waterfront Station in downtown Vancouver were announced Thursday by a Toronto private equity firm.

Major marijuana producer Tilray has announced it will shut down operations in Nanaimo and focus cultivation in sa¹ú¼Ê´«Ã½ at its Broken Coast facility in Duncan.

Major structural and seismic work is complete at the ­former sa¹ú¼Ê´«Ã½ building on ­Douglas Street, and the developer expects to welcome its first major tenants early in the new year.

It was officially the end of an era downtown as the owners of W&J Wilson removed the signs from their store on Government Street Monday.

Langford’s reputation as a developer’s dream appears to be spreading in the corporate world with news Friday that an Ontario tech company has moved into the city and broken ground on a $44-million, 80,000-square-foot office tower.

Thanks to a surge in jobs being added in the hospitality sector as COVID restrictions relaxed, Victoria’s unemployment rate is now the lowest in the country, according to Statistics sa¹ú¼Ê´«Ã½â€™s monthly labour force survey.

Canon Inc., best known for its cameras, is developing a strong interest in a Saanichton-based chipmaker as it makes a play for the medical device field.

Commercial real estate firm Devencore Realty Victoria has been acquired by Toronto-based Avison Young and will take on the new company name effective immediately.

Victoria-based health-care consulting firm Gevity has been acquired by Accenture, as the multi-national firm continues to expand its reach. Terms of the deal were not disclosed.