Business

B.C. average home price and sales level to 2023, showing steep drop in sales expected next year. (Central 1)

Forecast calls for B.C. home sales to ‘explode,’ then drop off

Average price to rise another 10% in 2021, credit unions say

A real estate sign is shown in Victoria, B.C., on Friday, June 1, 2018. THE CANADIAN PRESS/Chad Hipolito

CMHC predicts COVID-19 immunity will moderate pace of home sales, prices by 2023

The agency also predicts that rental demand will rebound as immigration recovers

Quails’ Gate wine bottles. (Twila Amato/Black Press Media file)

West Kelowna winery named one of Canada’s Best Managed Companies for fifth year

This is the fifth consecutive year that the winery has received the national honour

Joanne Jankowski is the winner of SASCU’s Leave Your Legacy Project art contest at Eagle River Secondary. The Grade 12 grad will get to complete a mural at the school, with the project funded by SASCU. (Contributed)

Sicamous grad student given opportunity to leave legacy

Joanne Jankowski winner of SASCU Leave Your Legacy Project art contest at Eagle River Secondary

Joanne Jankowski is the winner of SASCU’s Leave Your Legacy Project art contest at Eagle River Secondary. The Grade 12 grad will get to complete a mural at the school, with the project funded by SASCU. (Contributed)
Shuswap Orthodontics staff practiced in the ways of the force, and accompanied by a well-known Wookie, marked May 4th, aka Star Wars Day, with a visit to downtown Salmon Arm businesses offering photo ops and to local dental offices to deliver cookies. (Lachlan Labere-Salmon Arm Observer)

VIDEO: Shuswap Orthodontics Jedi out in force for May 4th

Wookie part of goodwill walk through downtown Salmon Arm on Star Wars Day

Shuswap Orthodontics staff practiced in the ways of the force, and accompanied by a well-known Wookie, marked May 4th, aka Star Wars Day, with a visit to downtown Salmon Arm businesses offering photo ops and to local dental offices to deliver cookies. (Lachlan Labere-Salmon Arm Observer)
The head offices of Caisse Desjardins are seen, Wednesday, February 24, 2021 in Montreal.THE CANADIAN PRESS/Ryan Remiorz

Desjardins drops disease-related liability, property damage coverage for some claims

Company said it will not cover them in the event they are sued for spreading a communicable disease

The head offices of Caisse Desjardins are seen, Wednesday, February 24, 2021 in Montreal.THE CANADIAN PRESS/Ryan Remiorz
A load of lumber is hauled down Highway 3 in southern B.C., the province that supplies about half of U.S. exports to the U.S. (B.C. government photo)

U.S. home builders call for end to Canadian lumber trade war

U.S. Lumber Coalition says duties a small part of record price

A load of lumber is hauled down Highway 3 in southern B.C., the province that supplies about half of U.S. exports to the U.S. (B.C. government photo)
Salmon Arm’s Habitat for Humanity ReStore held its grand opening on Saturday, May 1 at 11 a.m. On hand to witness the grand opening ribbon cutting were, from left, Mayor Alan Harrison, Habitat for Humanity Kamloops board chair Gail Wichmann, Habitat executive director Bill Miller, building owner Bill Laird and Shuswap MLA Greg Kyllo. (Martha Wickett-Salmon Arm Observer)

Habitat for Humanity’s Salmon Arm ReStore breathes life into rebuilt location

Following grand opening May 1, store will be open Mondays through Saturdays

Salmon Arm’s Habitat for Humanity ReStore held its grand opening on Saturday, May 1 at 11 a.m. On hand to witness the grand opening ribbon cutting were, from left, Mayor Alan Harrison, Habitat for Humanity Kamloops board chair Gail Wichmann, Habitat executive director Bill Miller, building owner Bill Laird and Shuswap MLA Greg Kyllo. (Martha Wickett-Salmon Arm Observer)
A Wealthsimple Trade app icon is shown on a smartphone on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Jesse Johnston
A Wealthsimple Trade app icon is shown on a smartphone on Tuesday, Dec. 15, 2020. THE CANADIAN PRESS/Jesse Johnston
A six-night stay at Salmon Arm’s Prestige Harbourfront Resort was a prize to be won in an episode of the Price is Right that aired Monday, May 3, 2021. (File photo)

Salmon Arm a prize destination on U.S. game show, The Price is Right

Contestant squeezed out of six-night stay at Prestige Harbourfront Resort

A six-night stay at Salmon Arm’s Prestige Harbourfront Resort was a prize to be won in an episode of the Price is Right that aired Monday, May 3, 2021. (File photo)
Brendan Kennedy, CEO and founder of British Columbia-based Tilray Inc., poses next to his company’s logo at Nasdaq where the company’s IPO (TLRY) opened, Thursday, July 19, 2018, in New York. THE CANADIAN PRESS/AP/Bebeto Matthews

Tilray-Aphria deal closes, company to control biggest share of Canadian pot market

About 99 per cent of Aphria shareholders voted in favour of the deal in April

Brendan Kennedy, CEO and founder of British Columbia-based Tilray Inc., poses next to his company’s logo at Nasdaq where the company’s IPO (TLRY) opened, Thursday, July 19, 2018, in New York. THE CANADIAN PRESS/AP/Bebeto Matthews
Thrive Cannabis’s on-location storefront prepares to be Ontario’s first farm-gate store, set to open this month in Simcoe, Ontario Tuesday, April 13, 2021. THE CANADIAN PRESS/Tara Walton
Thrive Cannabis’s on-location storefront prepares to be Ontario’s first farm-gate store, set to open this month in Simcoe, Ontario Tuesday, April 13, 2021. THE CANADIAN PRESS/Tara Walton
Economists say the Canadian dollar is at a ‘sweet-spot’ after hitting a three-year-high yesterday, reaching a point where it benefits consumers but doesn’t hurt businesses too much. THE CANADIAN PRESS/Jonathan Hayward

Rising loonie hits ‘sweet spot,’ likely to climb further: economists

The loonie traded for 81.34 cents US Thursday, the highest level since February 2018. It’s been above 80 cents US since last week.

Economists say the Canadian dollar is at a ‘sweet-spot’ after hitting a three-year-high yesterday, reaching a point where it benefits consumers but doesn’t hurt businesses too much. THE CANADIAN PRESS/Jonathan Hayward
Playland’s Corkscrew rollercoaster at the PNE. (Black Press Media files)

Vancouver says PNE needs $8M from the province in order to survive

City says 111-year-old exhibition stands to lose nearly $15 million after closures throughout the last year

Playland’s Corkscrew rollercoaster at the PNE. (Black Press Media files)
The upcoming Business Connections virtual workshops and business expo is the latest attempt by the Salmon Arm Chamber of Commerce to assist the city’s business community during these challenging times created by the COVID-19 pandemic. (File photo)

Salmon Arm chamber forges business connections

Chamber organizes Business Connections trade fair for May 12

The upcoming Business Connections virtual workshops and business expo is the latest attempt by the Salmon Arm Chamber of Commerce to assist the city’s business community during these challenging times created by the COVID-19 pandemic. (File photo)
The Salmon Arm ReStore is set to open and will hold its official ribbon-cutting at 11 a.m. Saturday, May 1. (Photo contributed)
The Salmon Arm ReStore is set to open and will hold its official ribbon-cutting at 11 a.m. Saturday, May 1. (Photo contributed)
Dosa Crepe Cafe owner Shylender Selvaraj and chef. (Jen Zielinski/Black Press Media)

South Indian cuisine comes to downtown Kelowna amid pandemic

Dosa Crepe Cafe opened a second location on Bernard Avenue last summer

Dosa Crepe Cafe owner Shylender Selvaraj and chef. (Jen Zielinski/Black Press Media)
Shuswap MLA Greg Kyllo is the B.C. Liberal labour critic. (Hansard TV)

No injured worker funds for COVID-19 sick pay, B.C. Liberals say

Premier has suggested WorkSafeBC an option to cover costs

Shuswap MLA Greg Kyllo is the B.C. Liberal labour critic. (Hansard TV)
In this photo provided by the New York Stock Exchange, traders work on the floor, Thursday, April 15, 2021.(Courtney Crow/New York Stock Exchange via AP)
In this photo provided by the New York Stock Exchange, traders work on the floor, Thursday, April 15, 2021.(Courtney Crow/New York Stock Exchange via AP)
Ronald Morlock from Salmon Arm wins $50,000 from a Lucky Lines Scratch & Win ticket. (BCLC image)

Salmon Arm man scratches to win $50,000

A new set of golf clubs is in Ron Morlock’s future

Ronald Morlock from Salmon Arm wins $50,000 from a Lucky Lines Scratch & Win ticket. (BCLC image)