Business in Vancouver (BIV)

Business in Vancouver is a highly regarded weekly newspaper that has been catering to the Greater Vancouver area since 1989. Aimed at business leaders and decision-makers, it delivers essential local business news and insights every week. The publication covers a wide range of topics, including detailed reports on mergers and acquisitions in British Columbia, as well as ongoing features like the biggest business deals in the province and lists of the Top 100 companies across various industries.

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Opinion: B.C. will need a better energy plan to support artificial intelligence

1 day ago | biv.com | Glen Korstrom |Stefan Labbe |Jami Makan |Graeme Wood

Artificial intelligence is now a permanent part of the global economy, driving innovation and productivity across sectors. It is not just digital technology that will be affected, and there are potential for new breakthroughs in health care, transportation and climate research.
Rob Shaw: Eby’s inner circle looking like a jobs program for BC NDP alumni

1 day ago | biv.com | Rob Shaw

B.C.’s economy may be stalled, but there’s one definite growth sector of employment: Special advisors to Premier David Eby and his government. The Eby administration has tapped yet another friend and insider to its growing list, hiring former NDP cabinet minister George Heyman as the special advisor on public sector bargaining. The news came out on Thursday, after the Opposition noticed Heyman had updated his LinkedIn profile with the position. It turns out, he started the job in April.
Creditor protection is offering some Vancouver businesses a lifeline

1 day ago | biv.com | Glen Korstrom

Laying off most staff, cutting spending wherever possible and retrenching into a much smaller venture is not the only option when tough times hit. Applying for court protection from creditors under the Companies’ Creditors Arrangement Act can help top executives who are strategizing on how to restructure firms into viable operations. Many Vancouver-based businesses have found that this can be key to saving jobs and keeping storefronts operating.
Qantas to ramp up non-stop Vancouver-Sydney flights to daily

1 day ago | biv.com | Glen Korstrom

Qantas Airways Ltd. plans to fly daily non-stop flights between its Sydney, Australia hub and Vancouver International Airport (YVR) for most of January, and then settle back to offering those flights four times per week until March, Vancouver Airport Authority director of air service development Russell Atkinson told BIV yesterday. The airline currently operates those flights three times per week on Boeing 787-9 planes, he said.
Lululemon shares plunge 23 per cent after hours on weak guidance

2 days ago | biv.com | Glen Korstrom

Vancouver-based apparel retailer Lululemon Athletica Inc. (Nasdaq:LULU) saw its share price plummet nearly 23 per cent in after-hours trading, after it released its earnings report this afternoon. Investors were likely concerned that the company lowered profit guidance for the year, and it posted what some might have seen as weak same-store sales growth.
Vancouver councillor acclaimed as president of Federation of Canadian Municipalities

2 days ago | biv.com | Mike Howell

Vancouver city Coun. Rebecca Bligh was acclaimed Sunday as president of the Federation of Canadian Municipalities (FCM). It’s a role she stepped into late last year after previous president Geoff Stewart failed to win back his mayor’s seat in a general election in Colchester County, Nova Scotia.
Fairmont Hotel Vancouver's owner sues Christian Dior in lease dispute

2 days ago | biv.com | Glen Korstrom

The owner of the landmark Fairmont Hotel Vancouver building is suing luxury retailer Christian Dior for allegedly reneging on an agreement to extend its lease. This is happening despite Christian Dior continuing to operate a store in the hotel, and staff at that store telling BIV that they are unaware of any plans for the store to close. Plaintiff Hotel Vancouver (GP) Inc., as general partner for and on behalf of Hotel Vancouver LP, filed the lawsuit May 27.
Mario Canseco: Third of Canadians avoiding U.S. purchases as Trump anger dips

2 days ago | biv.com | Mario Canseco

One of the unique traits of the current Donald Trump administration is its ability to sculpt a narrative on social media. Whether the enemy is the previous head of state, “wokeness” or Harvard University, a tweet from Trump can galvanize supporters and offend opponents. Canada is not immune. Most Canadians — but not as many as a few weeks ago — are paying attention to what Trump is saying and doing.
BC Hydro seeks baseload power boost from stable sources

3 days ago | biv.com | Chuck Chiang

VANCOUVER — British Columbia's power utility wants to boost the province's baseload electricity generation capacity in a bid to meet the province's growing demand from residents and industries. Baseload capacity refers to constant and stable power sources, with Energy Minister Adrian Dix announcing BC Hydro's request for expression of interest from companies to provide geothermal or hydroelectric projects to expand long-term power capacity and meet peak demand.
Rob Shaw: Carney sidesteps B.C. as Alberta, feds push for new West Coast pipeline

4 days ago | biv.com | Rob Shaw

B.C.’s foot-dragging, fence-sitting position on new oil pipelines collided face-first with reality this week at a first ministers meeting in Saskatoon, where other premiers and the prime minister appeared to pretty much sidestep our province. Prime Minister Mark Carney emerged to declare he’s moving quickly to prepare legislation that would fast-track projects he deems to be in the national interest, including oil pipelines through B.C.’s coast.