January 23, 2018

Translink on track to save millions despite corporate costs forecast to increase

The Vice-Chair of the Translink Mayor's Council says he thinks Translink has lived up to its responsibility as best as it can, of acting to find efficiencies. This after the release of a report from Translink commissioner Martin Crilly on the progress made in finding between 40 and 60 million dollars in cost savings over the next three years. "We … [Read more...]

BC Home Sales to increase this year

Better times are ahead - so says the B-C Real Estate Association. It's out with its first quarter housing forecast, and the Association is predicing a 5.6 per-cent increase in home sales in the province this year, and a 6.1 per-cent increase next year. Chief Economist Cameron Muir says 2013 is shaping up to be a transition year in the B-C housing … [Read more...]

Advancing Digital Technology to Increase Productivity Webinar – Robotics & Automation

When looking for automated solutions to industrial applications, what are your options? If you're looking to improve quality, maximize productivity, and reduce costs, then installing a robot may be a solution for your facility. Robots can allow your company to maintain it’s competitive edge without offshoring. Today most robots are used in … [Read more...]

Tax debate: roll back versus increase

B.C.'s Environment Minister says the Opposition's carbon and corporate tax plan would lead the province down an old, bad road. Terry Lake takes issue with the NDP saying it would "roll back" corporate taxes if elected.  He says they should call it what it would be: an increase, like B.C. saw in the 90s, with dire … [Read more...]

Metro Vancouver proposing up to $12 increase

Metro Vancouver is proposing up to a $ 12 increase per household in its upcoming budget.The regional district is putting together its 2013-2014 budget. Chair Greg Moore has asked staff to include in proposals a less than 2.5% increase in services per household.Moore says the cost pressures right now are several major infrastructure projects.These … [Read more...]

A good tax increase?

A Vision Vancouver Councillor says it's good news, with the release of a balanced draft budget containing only a small tax increase.  Raymond Louie says residents will now only face a 2.5 percent hike, in line with inflation, instead of the initally projected 9 percent, "We've been working on 11 major components to find those types of savings. … [Read more...]

Keg reports 4.5% increase in Q4 system sales

VANCOUVER - Steak house chain operator The Keg Royalties Income Fund (TSX:KEG.UN) credits successful new locations as well as higher same store sales for driving a 4.5 per cent increase in system-wide revenue in the fourth quarter.The Keg and Keg Restaurant Ltd., which did not disclose earnings figures in a release issued Tuesday, said system … [Read more...]

Timmins Gold set to increase capacity

VANCOUVER - Timmins Gold Corp. (TSX:TMM) says its revised plan for the San Francisco gold mine in Mexico calls for a much larger crushing system to take advantage of the project's increased reserves and current high gold prices.Based on processing 32,000 tonnes of ore per day and gold at US$ 1,200 an ounce, the Vancouver-based company estimates it … [Read more...]

A&W reports increase in Q3 revenue to $5.8M

VANCOUVER - A&W Revenue Royalties Income Fund (TSX:AW.UN) credits an increase in same-store sales among reasons for a $ 194,000 or 3.4 per cent increase in third-quarter revenue.The Vancouver-based fund, which is paying corporate taxes for the first time this year as a result of changes affecting income trusts introduced by Ottawa, said revenue … [Read more...]

Proposed hydro-rate increase slashed

The BC Hydro Review Panel was commissioned by the provincial government in April to examine the proposed increase and came back Thursday with a plan to whittle the increase down to 16 per cent. The ... Vancouver News latest RSS headlines - Big News Network.com … [Read more...]