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@bivnews

BIV is an award-winning news source, covering the business community in Vancouver and beyond since 1989. Now in print, television and online. Sign up for our free newsletters: https://bit.ly/47TtLcz

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Posts 08.12.2023
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Latest posts by BIV News @bivnews

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What is a strategic oil reserve and does Canada have one? CALGARY — The war raging in the Middle East has jolted global energy markets, prompting the International Energy Agency to release the largest amount ever from member states' emergency oil stocks.
11.03.2026 23:01 👍 0 🔁 0 💬 0 📌 0
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FIFA shuffle: Vancouver event planners pivot as World Cup nears BC Place launches new convention space, punts out some shows during upgrades
11.03.2026 22:34 👍 0 🔁 0 💬 0 📌 0
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Swifties could get Vancouver concert refunds after deal with StubHub on ticketing VICTORIA — People who purchased tickets for Taylor Swift's concerts in Vancouver through a resale platform may be eligible for a refund.
11.03.2026 21:08 👍 0 🔁 0 💬 0 📌 0
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Canadian stock market slides amid mixed U.S. performance and higher oil prices TORONTO — Canadian and most U.S. stock indexes lost ground on Wednesday as the price of oil rose amid efforts to release reserves.
11.03.2026 21:08 👍 0 🔁 0 💬 0 📌 0
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S&P/TSX composite down 150 points, U.S. stock markets mixed as oil prices rose TORONTO — Canada's main stock index lost ground on Wednesday, weighed down by losses in the technology and basic materials sectors, while U.S. markets were mixed. The S&P/TSX composite index was down 150.82 points at 33,119.83.
11.03.2026 20:37 👍 0 🔁 0 💬 0 📌 0
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Canada will 'do its part' to help IEA release of oil reserves: Hodgson OTTAWA — Natural Resources Minister Tim Hodgson said Wednesday Canada will "do its part" to lower the cost of oil globally as a bloc of nations looks to tame the surge in energy prices triggered by the war in the Middle East.
11.03.2026 20:37 👍 0 🔁 0 💬 0 📌 0
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US stock market remains calm, even as oil prices rise NEW YORK (AP) — Most U.S. stocks fell, but the market remained calm, even as the price of oil got back to rising. The S&P 500 slipped 0.
11.03.2026 20:09 👍 0 🔁 0 💬 0 📌 0
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Deal reached with StubHub on ticketing practices for Vancouver Taylor Swift concerts VICTORIA — People who purchased tickets for Taylor Swift's concerts in Vancouver through a resale platform may be eligible for a refund.
11.03.2026 18:57 👍 0 🔁 0 💬 0 📌 0
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Canada will 'do its part' to help IEA release of oil reserves: Hodgson OTTAWA — Natural Resources Minister Tim Hodgson said Wednesday Canada will "do its part" to lower the cost of oil globally as a bloc of nations looks to tame the surge in energy prices triggered by the war in the Middle East.
11.03.2026 18:30 👍 0 🔁 0 💬 0 📌 0
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National housing supply made strides in 2025 amid weak demand, condo struggles: CMHC Canada's housing agency says the country made "meaningful" supply gains last year thanks to record rental construction and more “missing middle” type housing, however short-term imbalances remain for several markets.
11.03.2026 17:09 👍 0 🔁 0 💬 0 📌 0
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Airfares starting to rise as Iran war pushes jet fuel prices higher MONTREAL — Airlines across the globe are starting to hike fares and fuel surcharges in response to a surge in oil prices sparked by the war in Iran, and Canada is no exception.
11.03.2026 16:38 👍 0 🔁 0 💬 0 📌 0
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National housing supply made strides in 2025 amid weak demand, condo struggles: CMHC Canada's housing agency says the country made "meaningful" supply gains last year thanks to record rental construction and more “missing middle” class housing, however short-term imbalances remain for several markets.
11.03.2026 16:15 👍 0 🔁 0 💬 0 📌 0
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S&P/TSX composite down nearly 100 points, U.S. stock markets mixed TORONTO — Canada's main stock index lost nearly 100 points in late-morning trading, weighed down by losses in the technology sector, while U.S. stock markets were mixed. The S&P/TSX composite index was down 99.16 points at 33,171.49.
11.03.2026 15:44 👍 0 🔁 0 💬 0 📌 0
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Rob Shaw: Eby sounds alarm on B.C. housing slowdown as minister looks the other way Premier worries stalled condo towers could trigger a future supply crunch but Christine Boyle insists housing activity remains strong
11.03.2026 15:03 👍 0 🔁 0 💬 0 📌 0
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Airfares starting to rise as Iran war pushes jet fuel prices higher MONTREAL — Airlines across the globe are starting to hike fares and fuel surcharges in response to a surge in oil prices sparked by the war in Iran, and Canada is no exception.
11.03.2026 14:41 👍 0 🔁 0 💬 0 📌 0
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US stocks hold relatively steady even as crude oil prices rise again NEW YORK (AP) — U.S. stocks are holding relatively steady, as the price of oil gets back to climbing. The S&P 500 edged up 0.
11.03.2026 14:28 👍 0 🔁 0 💬 0 📌 0
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Bryan Yu: B.C. hiring stalls as economic uncertainty weighs on employers Employers cautious on hiring as economic uncertainty, trade tensions dampen business confidence
11.03.2026 12:04 👍 0 🔁 0 💬 0 📌 0
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Eby says he had 'frank discussion' with U.S. ambassador on lumber dispute, tariffs VICTORIA — B.C. Premier David Eby says he had a "frank discussion" with U.S. Ambassador Pete Hoekstra about the cross-border softwood lumber dispute and tariffs.
11.03.2026 00:40 👍 0 🔁 0 💬 0 📌 0
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Vancouver councillor sues Mayor Ken Sim over 'flippant and reckless' drug accusation VANCOUVER — Vancouver City Coun. Sean Orr is suing Mayor Ken Sim for defamation after he accused Orr of distributing illegal drugs, comments the councillor said were made for political gain. The lawsuit filed in B.C.
10.03.2026 22:25 👍 2 🔁 0 💬 1 📌 1
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Mayor of Surrey needles Metro Vancouver for hiking developer fees Brenda Locke also slams bureaucracy over urban containment boundary
10.03.2026 22:02 👍 0 🔁 1 💬 0 📌 0
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Vancouver councillor sues Mayor Ken Sim over drug accusation VANCOUVER — Vancouver City Coun. Sean Orr is suing Mayor Ken Sim for defamation after he accused Orr of distributing illegal drugs, comments the councillor said were made for political gain The lawsuit filed in B.C.
10.03.2026 21:35 👍 3 🔁 0 💬 0 📌 1
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Conservatives seek to remove barriers to alcohol shipments across provincial borders OTTAWA — The federal Conservatives are pushing to allow Canada Post to ship alcohol between provinces, saying the Liberals have failed to live up to their pledge to remove interprovincial trade barriers. B.C.
10.03.2026 21:08 👍 0 🔁 0 💬 0 📌 0
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Conservatives seek to remove barriers to alcohol shipments across provincial borders OTTAWA — The federal Conservatives are pushing to allow Canada Post to ship alcohol between provinces, saying the Liberals have failed to live up to their pledge to remove interprovincial trade barriers. B.C.
10.03.2026 20:55 👍 0 🔁 0 💬 0 📌 0
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S&P/TSX composite rises while U.S. markets end mixed; oil price falls TORONTO — Canada's main stock index gained ground on Tuesday, while U.S. markets were mixed and the price of oil fell. The moves on the market came as Iran continued its drone and missile attacks on Israel and the Gulf states even as U.S.
10.03.2026 20:37 👍 0 🔁 0 💬 0 📌 0
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16 Canadian firms backed U.S. politicians who voted to deny 2020 election results, finds report Several firms—including Fortis, TC Energy, Enbridge and Domtar—have major footprints in B.C.
10.03.2026 20:19 👍 0 🔁 0 💬 0 📌 0
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B.C. Premier David Eby to discuss trade, liquor with top U.S. diplomat in Canada VICTORIA — American duties on Canadian softwood lumber and the ban of American alcohol by B.C. will be on the table when Premier David Eby meets the U.S. ambassador to Canada in Victoria today.
10.03.2026 19:38 👍 0 🔁 0 💬 0 📌 0
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Canadian companies should create strategies for possible CUSMA outcomes now: report TORONTO — As Canadian companies prepare for the coming review of the Canada-U.S.
10.03.2026 19:38 👍 0 🔁 0 💬 0 📌 0
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B.C. Premier David Eby to discuss trade, liquor with top U.S. diplomat in Canada VICTORIA — American duties on Canadian softwood lumber and the ban of American alcohol by B.C. will be on the table when Premier David Eby meets the U.S. ambassador to Canada in Victoria today.
10.03.2026 19:29 👍 0 🔁 0 💬 0 📌 0
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Westshore Terminals sues over alleged $6.2M scam tied to Roberts Bank project B.C. coal-port operator alleges defendants hacked emails to impersonate contractor, divert funds for potash facility in Delta
10.03.2026 17:05 👍 0 🔁 0 💬 0 📌 0
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Canadian companies should take action ahead of CUSMA review, a new report says TORONTO — A new report from Boston Consulting Group outlines ways Canadian companies can prepare for the coming review of the Canada-U.S.-Mexico Agreement on trade. The report says that despite moves by the U.S.
10.03.2026 16:43 👍 0 🔁 0 💬 0 📌 0