Business

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B.C.’s new time zone could cause confusion for businesses, travellers, say experts

Business Emily Joveski -
Most of British Columbia stayed on daylight saving time Sunday, completing its move to permanent daylight time, but experts warn the change may create some confusion for businesses and travellers.

De Havilland Canada reaches $2.5B financing deal to double waterbomber production

Business John White -
De Havilland Canada has reached an agreement with the federal government and Export Development Canada (EDC) for up to $2.5 billion in financing to double production capacity for its Canadair 515 waterbombers.

Ottawa designates Roberts Bank Terminal 2 expansion a project of national interest

Economy Emily Joveski -
The federal government has listed the Roberts Bank Terminal 2 expansion at the Port of Vancouver as a project of national interest.

Teck posts $168 million Q3 profit in Trail

Mining My Kootenay Now -
The company says it continues to focus on improving Trail's profitability and cash generation, including using stockpiled residues as feed sources.

Columbia Basin Trust offers youth hands-on entrepreneurial experience

Columbia Basin Trust My Kootenay Now -
The Columbia Basin Trust and JA British Columbia are offering local youth opportunities to take part in after-school programming that provides hands-on business-development experience.

Mercer International may seek US bankruptcy protection: report

Business My Kootenay Now -
The owner of Castlegar's pulp mill is thinking about filing for US bankruptcy protection, Bloomberg News reports.

Former Columbia Basin Trust chair charged with sexual assault

Columbia Basin Trust My Kootenay Now -
The BC Prosecution Service confirmed Valemount mayor Owen Torgerson was charged this month relating to an alleged offence occurring on April 2 of this year.

B.C. loses more than 20,000 jobs in September as unemployment rate stays steady

Economy Emily Joveski -
British Columbia lost more than 20,000 jobs in September, sparking a political clash over the province’s economic direction.

Kootenay unemployment rate dips to 4.9% in September

Labour My Kootenay Now -
The jobless rate in the Kootenays stood at 4.9 per cent in September, down from 5.8 per cent the previous month and six per cent a year earlier.

Kootenay-Boundary real estate sales rise 9.1% in September

Real Estate My Kootenay Now -
According to the Association of Interior Realtors, 253 residential properties changed hands, which was down from 274 in August.

LNG Canada approves more than $30B Phase 2 expansion in Kitimat

Business Emily Joveski -
LNG Canada is moving ahead with a $33-billion Phase 2 expansion in Kitimat, doubling the facility’s LNG production capacity.
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