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Borrowers may be looking for options as rates jump

Borrowers may be looking for options as rates jump

A quarter of a percentage point increase by the Bank of sa¹ú¼Ê´«Ã½ Wednesday pushed the prime rate to 4.75 per cent, leaving borrowers with higher payments on mortgages and loans.
DFO raids seafood company, possibly over federal agency's own paperwork error

DFO raids seafood company, possibly over federal agency's own paperwork error

Fisheries enforcement officers are taking an unnecessary and heavy-handed approach over what appears to be a bureaucratic error caused the Department of Fisheries’ own licensing branch, said Sonia Strobel, CEO of Skipper Otto community-supported fishery.
New Nanaimo passenger ferries on their way to sa¹ú¼Ê´«Ã½

New Nanaimo passenger ferries on their way to sa¹ú¼Ê´«Ã½

The custom-built ferries, expected to provide daily passenger service between Nanaimo and Vancouver starting in late summer, have left Vietnam
On The Street: Heirloom Linens owners sell business to daughter; new CEO for Cool Aid

On The Street: Heirloom Linens owners sell business to daughter; new CEO for Cool Aid

Bob and Joan Ianson said they have sold Heirloom Linens to their daughter, Kristen Stannix.
Uber rolls into town as ride-hailing service launches in Greater Victoria

Uber rolls into town as ride-hailing service launches in Greater Victoria

The ride-hailing service is now in 140 Canadian municipalities and over 10,000 across the globe.
Union for 7,000-plus terminal cargo workers in sa¹ú¼Ê´«Ã½ ports to hold strike vote

Union for 7,000-plus terminal cargo workers in sa¹ú¼Ê´«Ã½ ports to hold strike vote

About 120 longshoremen work on Vancouver Island.
Warmest May on record leaves strawberries ripe for the picking

Warmest May on record leaves strawberries ripe for the picking

Picking began a week ago on Greater Victoria farms, after a warm, dry May gave the berries a boost
sa¹ú¼Ê´«Ã½'s Eby says Asia trade mission that omitted China helps prepare for 'the worst'

sa¹ú¼Ê´«Ã½'s Eby says Asia trade mission that omitted China helps prepare for 'the worst'

British Columbia Premier David Eby is wrapping up an Asian trade mission that omitted China and instead focused on Japan, South Korea and Singapore, a move Eby said was to guard against "the worst" happening in the region.
Five things to watch for in the Canadian business world in the coming week

Five things to watch for in the Canadian business world in the coming week

TORONTO — Five things to watch for in the Canadian business world in the coming week: Bank of sa¹ú¼Ê´«Ã½ The Bank of sa¹ú¼Ê´«Ã½ will release its latest interest rate decision on Wednesday followed by a speech by deputy governor Paul Beaudry on Thursday.
Net benefits to sa¹ú¼Ê´«Ã½ went unquestioned in big forestry buyouts, hearing told

Net benefits to sa¹ú¼Ê´«Ã½ went unquestioned in big forestry buyouts, hearing told

Canadian officials declined to say whether Paper Excellence, the country's largest forestry company, was linked to an overseas conglomerate.