Thursday, October 8th16.5°C

Netflix raises price again

Oct 8, 2015 / 11:22 am

Netflix is betting that most consumers are willing to pay an extra $1 a month to binge on "House of Cards" and "Orange is the New Black." The popular streaming service has implemented another price hike for new customers, its second in about a year and a half. Canadians...

CP to drop Megantic appeal

Oct 8, 2015 / 6:43 am

Canadian Pacific Railway is willing to drop its appeal of the $450-million settlement fund for victims of the Lac-Megantic tragedy if it is granted certain legal protections, lawyers said Tuesday. Lawyers for Montreal Maine and Atlantic Railway Ltd., the now-defunct company responsible for the...

Spending, not oil, to blame

Oct 8, 2015 / 6:38 am

A new report from the Fraser Institute claims plunging oil prices are not the main culprit behind Alberta's budget woes. Rather, the right-leaning think-tank says it's a decade of program spending growth that's to blame. It says that between the 2004-2005 and 2014-2015 fiscal...

GM recalls 32,000 SUVs

Oct 8, 2015 / 6:34 am

General Motors is telling owners of some SUVs not to use their windshield wipers because an electrical short could cause the motor to catch fire. The company is recalling nearly 32,000 Buick Enclave, Chevrolet Traverse and GMC Acadia SUVs from the 2016 model to fix the problem. Only 6,400...

Fiat Chrysler avoids strike

Oct 8, 2015 / 6:32 am

Fiat Chrysler has avoided an expensive strike at its U.S. plants after reaching a tentative labour agreement with the United Auto Workers union. UAW announced the agreement just after 11:59 p.m. Wednesday, which was the deadline the union had set to reach a new deal or possibly go on...

TSX posts 4 day advance

Oct 7, 2015 / 11:41 am

The Toronto stock market posted its fourth consecutive big advance Wednesday amid continuing strength in the resource sectors. At midafternoon, the S&P/TSX composite index was up 215.97 points at 13,863.23 on top of a cumulative advance of more than 400 points or some three per cent over the...

$470M for housing at dam

Oct 7, 2015 / 10:54 am

Atco Ltd.'s (TSX:ACO.X) structure and logistics division has won a $470-million contract with B.C. Hydro to build accommodation for workers at the Site C hydroelectric project. The eight-year contract includes the design, manufacture, installation and operation of a 630,000-square-foot lodge...

Big bucks in beer merger

Oct 7, 2015 / 6:47 am

Any talk of a union between Budweiser and Miller — in fact, any talk of the creation of beer behemoth reaching all parts of the globe for that matter — should be put off for now as the owners of two of the world's most famous beers continue to haggle over the terms of a...

From farm to tray table

Oct 7, 2015 / 6:19 am

JetBlue Airways is trying to bring a little bit of country to the city — opening its own "farm" at New York's John F. Kennedy International Airport. The 24,000 square-foot space — less than half the size of a football field — outside JFK's Terminal 5 is meant...

VW recall set for new year

Oct 7, 2015 / 6:15 am

Volkswagen plans to launch in January a recall of vehicles with software at the centre of the emissions-rigging scandal and aims to fix them all by the end of next year, the company's new chief executive says. Volkswagen has said up to 11 million vehicles worldwide across several of its...

Helping cut lengthy lineups

Oct 6, 2015 / 3:17 pm

Lengthy lineups are often considered one of the greatest challenges facing the fast food industry, but a growing number of companies are getting savvy with smartphone apps designed to keep impatient customers satisfied. Next week, Starbucks Canada will launch an update to its popular payment app...

$1B pledge to auto industry

Oct 6, 2015 / 2:19 pm

Experts say Conservative Leader Stephen Harper's $1-billion pledge Tuesday to help the auto sector is a crucial step after his government exposed the industry to foreign competition by joining a huge Pacific Rim trade deal. Harper announced that a re-elected Conservative government would...

Bombardier shares surge

Oct 6, 2015 / 2:13 pm

Stock in financially strapped Bombardier surged following a news report that the Montreal-based plane maker has approached Airbus to sell a majority stake in its CSeries jet. The transportation company's shares (TSX:BBD.B) closed up almost 15 per cent to $1.77 Tuesday on the Toronto Stock...

Economic growth slowing

Oct 6, 2015 / 9:55 am

China's slowdown and tumbling commodity prices will push global economic growth this year to the lowest level since the recession year 2009, the International Monetary Fund predicted Tuesday. In a report Tuesday in advance of the IMF-World Bank annual meetings here this week, the fund says...

BP to pay $20B for spill

Oct 6, 2015 / 6:25 am

The Justice Department and five states on Monday announced a $20 billion final settlement of environmental damage claims arising from the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. The deal, once approved by a judge, would resolve all civil claims against BP and end five years of...

Court backs online privacy

Oct 6, 2015 / 6:19 am

The European Union's highest court struck a blow Tuesday against Facebook and other companies by ruling that a long-running pact allowing the free transfer of data to the U.S. is invalid as it does not adequately protect consumers. The verdict could have far-reaching implications for...

Lower rates, higher debt

Oct 6, 2015 / 5:58 am

Nearly one in six Canadians would not be able to handle a $500 increase in their monthly mortgage payments, a new survey from the Bank of Montreal suggests. According to the bank, 16 per cent of respondents said they would not be able to afford such an increase, while more than a quarter, or...

High-tech fire prevention

Oct 5, 2015 / 5:12 pm

Just in time for Fire Prevention Week, a Kelowna tech company has launched new product that can help prevent kitchen fires. iGuardFire has introduced the iGuardStove, a safety product which, when connect to your stove, turns it into a smart stove. Developers say iGuard gives a stove the...

TPP may reduce dairy prices

Oct 5, 2015 / 2:32 pm

Some Canadian consumers could see modestly lower prices for milk and cheese thanks to a massive new trade deal if dairy companies pass along cost savings, says an industry observer. Sylvain Charlebois, professor of distribution and food policy at the University of Guelph's Food Institute,...

TPP: A bridge too far?

Oct 5, 2015 / 2:18 pm

Canada's signature on Monday's sweeping trade deal will open a door for companies to expand deeper into the Asia-Pacific region — but it remains to be seen how many will actually walk through it. With the world's largest economy right next door, Canada's business community...

Recent Trending

Today's Market
S&P TSX13962.37+94.02
S&P CDNX546.23+3.78
S&P 5002013.43+17.60
CDN Dollar0.7684+0.0033
Natural Gas2.495+0.021

Okanagan Companies
Pacific Safety0.225+0.000
QHR Technologies Inc1.23-0.02
Metalex Ventures0.05+0.00
Russel Metals21.52-1.60
Copper Mountain Mining0.62-0.01
Colorado Resources0.07-0.01
ReliaBrand Inc0.0169+0.0138
Sunrise Resources Ltd0.02+0.00
Mission Ready Services0.08-0.01
Decisive Dividend Corp3.11-0.10
Diamcor Mining0.94+0.06



24437757655 Falcon Ridge Crescent
5 bedrooms 4 baths
more details
Click here to feature your property
Please wait... loading

Income for life?

Photo: Thinkstock.comIn almost every conversation I have with clients these days, the topic swings to interest rates. What direction they’re going, how long will they stay where they are and how...

Perfect (reno'd) home

Photo: Thinkstock.comHow many times have you found a home in the perfect location, but it needs too much work as per the home inspection? There is a great program available through most lenders that w...

5 Claim misconceptions

Photo: Thinkstock.comIf you have been hurt in an accident or as a result of medical negligence you will likely look to your friends and family for some advice on how to deal with the situation. These ...


Member of BC Press Council