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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B.C., federal fast-tracking bills ‘a step backward,’ says First Nations developer

4 days ago | biv.com | Jami Makan

While a challenging economy could affect development timelines, it’s not as bad as rushing projects and making mistakes, said Musqueam, Squamish and Tsleil-Waututh leaders at a business event in Vancouver Thursday. Strengthening internal capacity and external partnerships is more important than speed of delivery, Chief Wayne Sparrow of Musqueam Indian Band said at a June 19 panel hosted by Greater Vancouver Board of Trade.
Bankrupt B.C. Ponzi scheme architect can’t clear $6.8M repayment order

1 week ago | biv.com | Graeme Wood

A B.C. Supreme Court judge has reassured the B.C. Securities Commission that a bankrupt man cannot discharge the $6.8 million he has been ordered to repay investors. On the heels of a Supreme Court of Canada ruling last year that set the bar for what monetary fines and penalties can and cannot be discharged, the commission sought clarity through an application to the province’s top court that the $6.8 million owed by Thomas Arthur Williams cannot be discharged.
Vancouver developer Wesgroup announces layoffs in June 2025

1 week ago | biv.com | Jami Makan

Vancouver developer Wesgroup Properties LP is delaying some projects and laying off an unspecified number of its employees, the company’s president and CEO said on social media Thursday.
Downtown office divide grows as 'trophy' towers outperform in Vancouver

1 week ago | biv.com | Jami Makan

The vacancy spread between premium and lower-grade offices in Canada’s top cities has reached a record high, and Vancouver may be front and centre. There is currently a historic 890-basis-point difference between trophy and non-trophy office vacancy rates in downtown Vancouver, Montreal and Toronto, according to a Thursday report from Colliers Canada.
Almost half of B.C. tenants skimping on groceries to afford rent, says survey

1 week ago | biv.com | Jami Makan

A new survey reveals 45 per cent of B.C. renters are reducing their spending on groceries and food in order to afford their monthly rent. Meanwhile, 35 per cent of B.C. tenants are reducing contributions to their savings and retirement to afford rent payments, according to a Thursday report by national real estate company Royal LePage.
Opinion: Manufacturing is Crucial to B.C. economy but policy is falling short

1 week ago | biv.com | Jami Makan |Mike Howell |Tara Deschamps |Nono Shen

Among his various and sometimes conflicting economic objectives, Donald Trump has identified revitalizing manufacturing as a priority. He has railed against the decline in factory jobs — a complaint that overlooks the jump in U.S. manufacturing employment since 2015 but does reflect the fact that manufacturing today accounts for a significantly smaller share of U.S. jobs than it did 30 years ago.
Vancouver’s ‘social housing initiative’ calls for 20-storey towers across city

1 week ago | biv.com | Mike Howell

A proposed zoning map released by the City of Vancouver reveals multiple areas across the city where social housing towers of 15-20 storeys would be allowed to be built in what are largely single-family neighbourhoods. The map provides a geographical view of what the City’s proposed “social housing initiative” aims to achieve in allowing such density in areas from West Point Grey to Boundary Road.
Wall Street drifts after the Fed indicates it may still cut rates twice this year

1 week ago | biv.com | Stan Choe

NEW YORK (AP) — U.S. stocks drifted after the Federal Reserve indicated it may cut interest rates twice this year, though it’s far from certain about that. The S&P 500 ended basically flat Wednesday. The Dow Jones Industrial Average slipped 0.1%, and the Nasdaq composite rose 0.1%.
Rob Shaw: With Eby's logic, Putin has a shot at next BC Ferries deal

1 week ago | biv.com | Rob Shaw

It’s a good thing Russia didn’t table a low-ball bid for the next round of BC Ferries ships. Because the province might well be shaking hands with Vladamir Putin right now for four shiny new boats, based on the decision-making and values on display Tuesday by Premier David Eby. It’s hard to escape that conclusion, after listening to the premier defend his decision not to overturn a multibillion-dollar contract between government-owned BC Ferries and the government of China.
Teck receives provincial certificate for to extend B.C. Interior copper mine

1 week ago | biv.com | Chuck Chiang

Vancouver-based mining company Teck Resources says it has received an environmental assessment certificate from the B.C. government to extend the life of the Highland Valley Copper Mine. Teck says in a release that the positive decision supports the extension for Canada's largest copper mine.