Economy of Vancouver

Zoomd Announces Preliminary 2Q2021 Financial Results Highlighted By 96% Revenue Growth, Maintains 2021 Revenue Growth Guidance Of 30% To 40%

Retrieved on: 
Monday, July 26, 2021
Fundamental analysis, Earnings before interest, taxes, depreciation and amortization, Private equity, Profit, Investment

Adjusted EBITDA in 2Q21 is expected to be $1.3M versus a $(0.76M) loss in 2Q20, reflecting strong topline growth.

Key Points: 
  • Adjusted EBITDA in 2Q21 is expected to be $1.3M versus a $(0.76M) loss in 2Q20, reflecting strong topline growth.
  • Zoomd expects to release the 2Q21 financial results in August 2021.
  • The Company's presentation of this preliminary financial measure may not be comparable to similarly titled measures used by other companies.
  • This preliminary financial measure is intended to provide additional information to investors concerning the Company's estimated results.

Strong 2020 cargo volumes show resiliency of the Port of Vancouver and port industries during a challenging year

Retrieved on: 
Monday, March 1, 2021
Economy of Vancouver, Greater Vancouver, Provinces and territories of Canada, BRITISH COLUMBIA, Port of Vancouver, Vancouver Fraser Port Authority, Vancouver, Port

VANCOUVER, British Columbia, March 01, 2021 (GLOBE NEWSWIRE) -- The Vancouver Fraser Port Authority today released the 2020 year-end statistics for goods moving through the Port of Vancouver.

Key Points: 
  • VANCOUVER, British Columbia, March 01, 2021 (GLOBE NEWSWIRE) -- The Vancouver Fraser Port Authority today released the 2020 year-end statistics for goods moving through the Port of Vancouver.
  • Increases in wheat, up 25%, canola, up 45%, and specialty crops, up 12%, contributed to the record.
  • In response to growing international trade demand, the port authority is continuing to advance the critical infrastructure required to accommodate this growth through the port.
  • Some cargo sector volumes declined as a result of challenges including impacts of the pandemic, railroad blockades, weather conditions, and terminal upgrades.

Minister Ng announces winner at Greater Vancouver Board of Trade's inaugural Business Reinvention Awards

Retrieved on: 
Friday, February 26, 2021
Economy of Vancouver, Greater Vancouver Board of Trade, Vancouver, Geography of British Columbia, BRITISH COLUMBIA, Geography of Canada

OTTAWA, ON, Feb. 26, 2021 /CNW/ - Today, the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, attended a virtual ceremony for the Greater Vancouver Board of Trade's inaugural Business Reinvention Awards, where she presented the day's biggest award and namesake, the Reinvention Award, to Novo Textiles.

Key Points: 
  • OTTAWA, ON, Feb. 26, 2021 /CNW/ - Today, the Honourable Mary Ng, Minister of Small Business, Export Promotion and International Trade, attended a virtual ceremony for the Greater Vancouver Board of Trade's inaugural Business Reinvention Awards, where she presented the day's biggest award and namesake, the Reinvention Award, to Novo Textiles.
  • Awards were also given for excellence in collaboration, workplace health, environmental leadership, domestic growth and export planning to businesses in the Greater Vancouver area and region.
  • The World Trade Centre Vancouver presented the Trade Accelerator Program (TAP) Export Plan of the Year award.
  • I sincerely congratulate all the winners of the Greater Vancouver Board of Trade's Business Reinvention Awards and look forward to following their future successes.

Steady mid-year cargo volumes amid global pandemic reflect the Port of Vancouver’s vital role in Canada’s supply chain

Retrieved on: 
Thursday, September 3, 2020
Economy of Vancouver, Port of Vancouver, Port, Vancouver Fraser Port Authority

Despite these challenges, mid-year cargo volumes through the Port of Vancouver remained stable and Canadas trade has continued to flow, connecting Canadians and Canadian businesses to essential goods and international markets.

Key Points: 
  • Despite these challenges, mid-year cargo volumes through the Port of Vancouver remained stable and Canadas trade has continued to flow, connecting Canadians and Canadian businesses to essential goods and international markets.
  • This resiliency is a testament to the importance of diverse trading partners, foreign markets, and a range of cargo moving through the port.
  • Cruise season at the Port of Vancouver has been postponed until October 31, 2020, following direction from Transport Canada.
  • A key part of our role as a Canada Port Authority is to advance the critical infrastructure required to accommodate this growth through the port.

Second highest annual cargo recorded in 2019 for Port of Vancouver

Retrieved on: 
Thursday, February 27, 2020
Economy of Vancouver, Port of Vancouver, Vancouver Fraser Port Authority, Vancouver, BRITISH COLUMBIA, Oceans

Vancouver, British Columbia, Feb. 27, 2020 (GLOBE NEWSWIRE) -- The Vancouver Fraser Port Authority today released the 2019 year-end statistics for cargo and passengers moving through the Port of Vancouver.

Key Points: 
  • Vancouver, British Columbia, Feb. 27, 2020 (GLOBE NEWSWIRE) -- The Vancouver Fraser Port Authority today released the 2019 year-end statistics for cargo and passengers moving through the Port of Vancouver.
  • Overall, cargo through the port was 144 million metric tonnes for the year, down 2% from the 2018 record of 147 million metric tonnes but the second highest in port history.
  • Despite these challenges, and during one of the most uncertain years for global trade, we still saw the second highest volume of cargo through the Port of Vancouver to date.
  • This speaks strongly to the diverse number of trading partners and range of cargo handled by terminals at the Port of Vancouver, which ensures the entire port remains resilient, regardless of variations in any one sector or commodity.

Seaside: A Boutique, Luxury Hotel Opens On North Vancouver Waterfront

Retrieved on: 
Monday, October 7, 2019
Economy of Vancouver, SeaBus, Downtown Vancouver, Vancouver, Resort, Geography of British Columbia

"As the ultimate seaside retreat for travelers and locals alike, Seaside brings the sophistication and excitement of downtown Vancouver into the relaxed, natural beauty and lifestyle of North Vancouver to offer an authentically local hotel experience," said Salim Sayani, CEO of Executive Hotels and Resorts.

Key Points: 
  • "As the ultimate seaside retreat for travelers and locals alike, Seaside brings the sophistication and excitement of downtown Vancouver into the relaxed, natural beauty and lifestyle of North Vancouver to offer an authentically local hotel experience," said Salim Sayani, CEO of Executive Hotels and Resorts.
  • The outer hallways aren't forgotten, lined with curated wall murals, natural wood portals, and bespoke flooring.
  • Guests may arrive by boat, kayak, or paddleboard and tie up to dock and dine, and will open shortly after Seaside opens its doors.
  • Only a 12-minute Seabus ride away from Downtown Vancouver, there are plenty of things to see and do while exploring this community-focused neighbourhood.

New Greater Vancouver Board of Trade report ranks 20 regions around the world on economic and social issues

Retrieved on: 
Thursday, May 10, 2018
Economy of Vancouver, Vancouver, Greater Vancouver Board of Trade, Scorecard, Geography of British Columbia, BRITISH COLUMBIA, Geography of Canada

VANCOUVER, May 10, 2018 /PRNewswire/ - The Greater Vancouver Board of Trade released its Greater Vancouver Economic Scorecard 2018 today, which ranks 20 metropolitan regions around the world on 38 different economic and social issues.

Key Points: 
  • VANCOUVER, May 10, 2018 /PRNewswire/ - The Greater Vancouver Board of Trade released its Greater Vancouver Economic Scorecard 2018 today, which ranks 20 metropolitan regions around the world on 38 different economic and social issues.
  • Greater Vancouver earns a "B" grade in Scorecard 2018, up two spots from the inaugural Scorecard 2016, to rank 7th overall.
  • "There is good news and bad news for our region in Scorecard 2018," said Iain Black, President and CEO of the Greater Vancouver Board of Trade.
  • To see how each region ranked in the social and economic categories, or to access the summary report, infographic, and more, visit boardoftrade.com/scorecard2018 .