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Business News

Gas Pushes Price Index Up

Gas Pushes Price Index Up

Mar 23, 2005 / 8:00 am

For the 10th straight month, gasoline prices ranked first among the factors explaining the 12-month increase in the Consumer Price Index (CPI). In February...

Kelowna Flightcraft Wins Mega Government Contract

Kelowna Flightcraft Wins Mega Government Contract

Mar 22, 2005 / 12:00 pm

The Canadian government is set to award a $2.3 billion flight-training contract to a western Canadian consortium, snubbing Bombardier which has run the...

Famous Players Price Drop

Famous Players Price Drop

Mar 21, 2005 / 10:05 am

Is it competition from DVDs or pay per view? Famous Players isn’t saying but, effective immediately, it has dropped all its prices in Kelowna (Orchard Plaza)...

January Economic Stats

Mar 20, 2005 / 10:02 am

Manufacturing shipments in BC were virtually flat in January (+0.1%, seasonally adjusted] as a 1.0% slump in shipments of nondurable goods partially offset a...

Valley Economic Summit

Valley Economic Summit

Mar 18, 2005 / 3:36 pm

Premier Gordon Campbell and UBC President Dr. Martha Piper headline a list of presenters scheduled to address the Okanagan Economic Summit to be held April 4th...

Moody""s Ups BC""s Rating

Mar 18, 2005 / 5:00 am

Moody's Investor Service has upgraded British Columbia's credit rating, citing the Province's sound fiscal management, reduced debt burden, and tax and...

Wireless Internet Way Up

Wireless Internet Way Up

Mar 17, 2005 / 7:00 pm

The number of wireless Internet users in 2004 grew by 29%. The latest findings — based on interviews in 12 key global markets with 6,544 adults, including...

Pump Prices Near High

Pump Prices Near High

Mar 17, 2005 / 7:58 am

Gasoline prices across Canada are close again to another all-time high, according to a national pump price survey by MJ Ervin and Associates. The average price...

Oil Hits Record High

Oil Hits Record High

Mar 16, 2005 / 8:06 am

Crude oil has hit a new record high hitting $56 (U.S.) per barrel. This comes in the wake of a U.S. Energy Department report that says that gas inventories fell...

Credit Rating Upgraded

Credit Rating Upgraded

Mar 16, 2005 / 5:00 am

Dominion Bond Rating Service upgraded British Columbia's credit rating, citing the province's sound fiscal management and reduced debt burden, finance minister...

WestJet Under Scrutiny

WestJet Under Scrutiny

Mar 15, 2005 / 7:50 am

Stock market regulators are now scrutinizing trading in shares of WestJet Airlines after a record number of shares were traded just days before the Jetsgo shut...

Big Oilsands Expansion

Big Oilsands Expansion

Mar 14, 2005 / 7:37 am

Suncor Energy Inc. will launch its biggest oil sands expansion ever today. It’s a $10-billion investment called the Voyageur Project to produce a half-million...

BC Wine Authority

BC Wine Authority

Mar 13, 2005 / 1:01 pm

The administration of wine quality standards for the British Columbia wine and grape industry will become the responsibility of the newly formed British...

Strong February Sales

Mar 12, 2005 / 10:47 am

Figures from the Central Okanagan Mainline Real Estate Board show very strong sales for February. Wade Webb, (Central Okanagan) OMREB Director, says sales were...

Jetsgo Ceases Operations

Jetsgo Ceases Operations

Mar 11, 2005 / 6:38 am

As of midnight Jetsgo Corp has ceased all operations leaving 17,000 passengers stranded across the country. At Toronto Airport Jetsgo signs were being taken...

Westjet Ups Local Flights

Westjet Ups Local Flights

Mar 10, 2005 / 8:22 am

Westjet Press Release WestJet has announced the addition of one new daily flight between Kelowna and Vancouver and 12 new weekly flights between Kelowna and...

Spam Levels Drop

Spam Levels Drop

Mar 10, 2005 / 6:28 am

After being increasingly inundated by spam over the past few years, Canadians are fighting back. For the first time in four years, the amount of unsolicited or...

Air Canada Posts Profit

Air Canada Posts Profit

Mar 9, 2005 / 7:50 am

ACE Aviation Holdings Inc., Air Canada's parent company has posted a fourth-quarter net profit of $15-million. Net income for the quarter was 17 cents a share,...

Wine & Dine Record Set

Wine & Dine Record Set

Mar 8, 2005 / 8:00 pm

New records for attendance and revenues were set for the 2nd Annual Wine and Dine Okanagan program that ran throughout the Okanagan Valley over a 2 week period...

Local Housing Rebounds

Local Housing Rebounds

Mar 8, 2005 / 7:33 am

Kelowna area housing starts rebounded sharply in February, according to Canada Mortgage and Housing Corporation. February housing starts shot up to 171 units...

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