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John Thomson

Thomson report

Mar 22, 2011 / 5:00 am

The situation in Japan is tragic and worrying. Our hearts continue to go out to those affected and responding. Many charities are aggressively soliciting donations, often in ways we feel are misleading. I spoke with Give Well; the New York based non-profit organization that evaluates...

Here and there

Mar 16, 2011 / 5:00 am

Although 75% of Canadians surveyed say their trust in banks has stayed the same or has increased in the past 12 months, almost 64% say they plan to switch banks or have already done so because of service quality issues, says an Ernst & Young report just released. In a new era of customer...

Thomson report

Mar 15, 2011 / 5:00 am

The average Canadian who files for bankruptcy owes $59,800 not counting his mortgage and is a 41-year-old married man with four credit cards, according to a report by a Kitchener-based bankruptcy trustee. The information, released by Hoyes Michalos & Associates says this amount owed by the...

Rumours and things

Mar 10, 2011 / 5:00 am

Don’t you just love rumours? I have been writing about them successfully for twenty-two years. Like always, we have a new big one making the rounds. Actually it is two rumours about the same company. It’s about Costco and more stores for the valley. The rumour regarding the West Kelowna store...

Thomson report

Mar 9, 2011 / 5:00 am

Ten dumb things to do with your tax refund 1. Spending it rather than investing it Getting a lump sum of cash is a great time to consider investing, especially in a tax-advantaged vehicle like an RRSP or other account that will allow your earnings to grow tax-deferred. Saving might not be as...

Thomson report

Mar 8, 2011 / 5:00 am

It looks like it is a finally a go for the Sheraton Four Points Hotel across from the entrance to the Kelowna International Airport. Argus Properties of Kelowna is the developer. It's good to hear that the project is going ahead as it has been a rumour mill for years and years and if my numbers...

Here and there

Mar 3, 2011 / 5:00 am

I have written about it many times as we anxiously awaited the official announcement that Al Stober Construction would go forward with their with their plans for building #6 at Landmark Centre. It was in 1994 that the builder started the work on building #1 and one year later the Landmark Centre...

Thomson report

Mar 2, 2011 / 5:00 am

Project Build has already outfitted 23 families with their mortgage down-payment grants of $45K each since Project Build went into operation January 2010. Seventeen grants are still available as of now. “It’s basically a free down payment provided by a group of local businesses that are...

Rumours and things

Mar 1, 2011 / 5:00 am

A new restaurant for Kelowna’s Pandosy strip. The building where Liquidation World was for a number of years is being remodeled for an Original Joe’s. It will be the Calgary chain's ninth location in B.C. It already has sites in West Kelowna and Vernon plus 17 more across the prairies. The...

Thomson report

Feb 22, 2011 / 5:00 am

REAL ESTATE REPORT – February 2011 Provided by Rob Marak Royal LePage 250-470-1311 With all of the talk on the news channels, radio and print advertising, it seems that there is confusion in our marketplace. It is amazing how many varying opinions there are. You would think that it would be...

Here and there

Feb 17, 2011 / 5:00 am

The Board of Directors of Boundary Sawmill Inc. (BSI) announced that the deal for the purchase of the former Pope and Talbot mill located at Midway, BC has been finalized. Doug McMynn, President of BSI said, “It’s been a hectic week to finish off the negotiations however we are happy and...

Thomson report

Feb 16, 2011 / 5:00 am

Kelowna Urban Systems Ltd. took the top award for design and contract preparation of roads at the 7th annual Deputy Minister’s Awards for Consulting Engineers for its work on the Highway 97 Westside Road Interchange, Transportation and Infrastructure Minister Shirley Bond announced last...

Here and there

Feb 15, 2011 / 5:00 am

Now that the party is over and all of us who participated in the 17th annual Wendy’s DreamLift day can really let it all sink in about what really happened on that happy day. Because everything worked like a well made watch, it certainly looks like another flight to Disneyland for the children...

Thomson report

Feb 10, 2011 / 5:00 am

The Institute of Chartered Accountants of British Columbia (ICABC) has honoured Kelowna’s Donald (Don) Turri, FCA with the fellowship (FCA) designation. Fellowship is bestowed on CAs in recognition of the service they have provided to the profession and/or the honour they have brought to the...

Here and there

Feb 9, 2011 / 5:00 am

Good news for the restaurant customers at The Bay. The company announced from Toronto that their plans call for a remolding of the restaurant in the Kelowna store. I can’t remember if the restaurant has been there since we moved here 33 years ago or not. It seems like it has been there...

Rumours and things

Feb 3, 2011 / 5:00 am

The RCMP have started a probe into the failed Bear Mountain resort in Victoria. It was rumoured last week that this would be happening and the RCMP confirmed such was happening on Friday. This is all about the bankruptcy of the Bear Mountain Resort and real estate development in Victoria. HSBC...

Thomson report

Feb 2, 2011 / 5:00 am

Super Bowl Sunday is coming and pie-makers across the country are bracing for a pizza reaction. Turns out this is one of the five big pizza days of the year. The other four? Halloween, the day before Thanksgiving, New Year’s Eve and New Year’s Day. Why does pizza get such a big slice of the...

Here and there

Feb 1, 2011 / 5:00 am

Target Corp. said Tuesday that it has promoted Tony Fisher to president of Target Canada as the retailer prepares to open its first stores in the country. The chain tapped an 11-year employee to lead its Canadian business. Fisher served most recently as vice president of merchandise operation. In...

Rumours and things

Jan 27, 2011 / 5:00 am

For the third straight year, the percentage of consumers that are purchasing organic products has held steady in the 38-39% range, reports Shelton, CT-based marketing research and consulting company, TABS Group, Inc. While there has been no growth in the buyer count of organic products since last...

Here and there

Jan 26, 2011 / 5:00 am

There is one column on Saturdays I never miss and that is the Eat Drink guide with Anthony Gismondi. This past week he wrote about restaurants and their need to make some changes with their food and wine prices. It is worth reading for anyone in the food business. But I like this quote, “When a...

About the Author

John Thomson is the Okanagan's pre-eminent business columnist writing his column, Rumours and Things, for over 24 years. Plugged in to the valley's who's who, John keeps his readers coming back for more with his straight talk and optimistic perspective on where we are headed next.

When John is not writing his column, he runs a sixteen year old think tank called the Executive Roundtable and holds his popular "Thomson Presents" quarterly business speaker seminars.

Have a comment, question, or tip for John? 

E-mail John at
[email protected]
or send him a fax at 250-764-8255.


The views expressed are strictly those of the author and not necessarily those of Castanet. Castanet presents its columns "as is" and does not warrant the contents.

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