Kootenays

CPABC: Kootenays labour market remains resilient, despite lowest labour force participation rate in the province

Retrieved on: 
Wednesday, November 15, 2023
Health, Employment, Recreation, Workforce, Chartered Professional Accountant, Chartered, Culture, Annual report, Ageing, CPA, Unemployment, Kootenays

labour market trends, the unemployment rate in the Kootenays was 5.7 per cent in October 2023, holding steady on a year-over-year basis.

Key Points: 
  • labour market trends, the unemployment rate in the Kootenays was 5.7 per cent in October 2023, holding steady on a year-over-year basis.
  • “It’s encouraging to see the Kootenay’s labour market continue its strong performance through 2023,” said Mike Calder, CPA, CA, partner at BDO Canada.
  • The labour force participation rate in the region was unchanged from last year, holding at 57.8 per cent.
  • “The longer-term dip in the labour force participation rate is pretty consistent with having an aging population,” continued Calder.

ʔAkisq̓nuk First Nation and Canada reach settlement agreement on Elkhorn Ranch Specific Claim

Retrieved on: 
Friday, August 18, 2023
Knowledge, Partnership, Malahat First Nation, The Honourable, Ɂakisq̓nuk First Nation, Agriculture, First Nations, Crown, Indian, Elder, Government, Indigenous peoples, Ktunaxa Nation v British Columbia (Forests, Lands and Natural Resource Operations), Elkhorn Ranch, Trust, Tribunal, FIRST, Ktunaxa Nation, Columbia Valley, Indigenous self-government in Canada, Minister of Crown–Indigenous Relations, Whaling, Silver mining, Kootenay, Kootenays

ʔAKISQ̓NUK FIRST NATION, BC, Aug. 18, 2023 /CNW/ - Today, the ʔAkisq̓nuk Chief and Council and the Honourable Gary Anandasangaree, Minister of Crown-Indigenous Relations, announced a settlement agreement regarding the ʔAkisq̓nuk First Nation's Elkhorn Ranch Specific Claim.

Key Points: 
  • ʔAKISQ̓NUK FIRST NATION, BC, Aug. 18, 2023 /CNW/ - Today, the ʔAkisq̓nuk Chief and Council and the Honourable Gary Anandasangaree, Minister of Crown-Indigenous Relations, announced a settlement agreement regarding the ʔAkisq̓nuk First Nation's Elkhorn Ranch Specific Claim.
  • This specific claim concerns 320 acres of land (known as Elkhorn Ranch), which were occupied by a member of the First Nation.
  • Under this historic settlement, Canada will provide $28 million in compensation for these losses to the First Nation.
  • Members of ʔAkisq̓nuk First Nation approved the settlement in a community vote in November 2021 and executed the settlement agreement in December 2021.

CPABC: Kootenays population growth and housing construction strong in 2022, housing prices up slightly

Retrieved on: 
Friday, July 28, 2023
Canada, Workforce, Housing, Chartered, Death, CPA, Ageing, Annual report, Chartered Professional Accountant, Renting, Canal, Cryptocurrency, Kootenays

“The region was able to attract new residents from other parts of the province, other provinces, and other countries.

Key Points: 
  • “The region was able to attract new residents from other parts of the province, other provinces, and other countries.
  • Meanwhile, deaths continued to outnumber births in the region and this negative natural growth reduced the population by 685 in 2022.
  • “Given the need to house our growing population and improve housing affordability, the significant jump in housing construction is important,” continued Calder.
  • It is imperative that we prioritize and promote increased housing construction to ensure that both present and future residents can afford to call the Kootenays their home.”

Explore the best paddling in Canada right here in British Columbia, thanks to PaddleBC.ca

Retrieved on: 
Wednesday, April 12, 2023
Sea, Kicking Horse River, Bowron Lake Provincial Park, Cheakamus River, Season, Directory, Elk River, Forest, Eagle, Salmon, River, Water, Howe Sound, Wilderness, Lake, Tourism, Canal, Silver Moccasin Trail, Kamloops Lake, Kootenays

Now, locals and tourists alike can easily discover Canada’s best paddling experiences all year long, thanks to PaddleBC.ca , an online directory of paddling destinations, guided excursions + essential tips.

Key Points: 
  • Now, locals and tourists alike can easily discover Canada’s best paddling experiences all year long, thanks to PaddleBC.ca , an online directory of paddling destinations, guided excursions + essential tips.
  • "The most sought-after Canadian rafting experiences are in British Columbia," says Carmen Narancsik, owner of Glacier Raft Company.
  • Fall: The autumn months are the best time for enjoying slower paddles in BC like in the Columbia River wetlands near Golden.
  • Thanks to PaddleBC.ca, finding your next paddling adventure is easier than ever.

CPABC: Housing starts high in Kootenays largest cities, while major project investment down slightly

Retrieved on: 
Wednesday, March 29, 2023
Canada, Housing, Chartered, CPA, City, Annual report, Chartered Professional Accountant, Environment, Elk Valley, Canal, Cryptocurrency, Kootenays

“With the Kootenays’ population growing rapidly and many struggling to find affordable housing, the strong housing development last year is important,” continued Calder.

Key Points: 
  • “With the Kootenays’ population growing rapidly and many struggling to find affordable housing, the strong housing development last year is important,” continued Calder.
  • The most recently started projects were the Glenmerry Elementary Replacement ($39 million) and Nelson/Castlegar Student Housing project ($31 million).
  • There were nine project proposals in Q3 2022 worth $2.6 billion, the largest being the Baldy Ridge Extension Project ($1.6 billion).
  • “Given that high interest rates are weighing down new investment, the fact the region has considerable major project construction underway will support our economy during a challenging time.

InvestmentPitch Media Video Discusses Ximen Mining’s Shareholder Update on the Status of the Long Awaited Permits for its Kenville Gold Mine in British Columbia, on Track to be One of BC’s Greenest Gold Mines

Retrieved on: 
Tuesday, December 20, 2022
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VANCOUVER, British Columbia, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Ximen Mining (TSXV:XIM) (OTCQB:XXMMF) (FSE:1XMA) ), on track to be one of British Columbia’s greenest gold mines, updated shareholders on the status of the long awaited permits for its Kenville Gold Mine in British Columbia.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 20, 2022 (GLOBE NEWSWIRE) -- Ximen Mining (TSXV:XIM) (OTCQB:XXMMF) (FSE:1XMA) ), on track to be one of British Columbia’s greenest gold mines, updated shareholders on the status of the long awaited permits for its Kenville Gold Mine in British Columbia.
  • The video is available for viewing on “ InvestmentPitch ” and on “ YouTube ”.
  • If these links are not enabled, please visit www.InvestmentPitch.com and enter “Ximen” in the search box.
  • For more information, please visit the company’s website, www.XimenMiningCorp.com , contact Christopher R. Anderson, President and CEO, at 604-488-3900.

CPABC: Kootenay unemployment falls as residents leave labour force

Retrieved on: 
Thursday, November 3, 2022
GLOBE, Chartered Professional Accountant, Annual report, CPA, BDO, BC, Chartered, Employment, Canada, Construction, CA, COVID-19, Population growth, Industry, Renewable energy, Health insurance, Kootenays

The Kootenays labour participation rate the portion of working-aged individuals actively seeking or employed fell to 59.7 per cent in September 2022, a 1.5 percentage point decline from September 2021.

Key Points: 
  • The Kootenays labour participation rate the portion of working-aged individuals actively seeking or employed fell to 59.7 per cent in September 2022, a 1.5 percentage point decline from September 2021.
  • Since September 2019, the total workforce in the Kootenays grew 2.7 per cent compared to population growth of 3.1 per cent.
  • The Kootenays labour market continues to face significant challenges, including high job vacancies and an uneven recovery, concluded Calder.
  • To enhance our economic prospects, we need to attract more workers, minimize barriers to entering the labour force, and provide additional skills training, particularly for industries experiencing the greatest labour scarcity.

CPABC: Kootenay’s housing prices reach new highs as population growth rebounds

Retrieved on: 
Wednesday, June 22, 2022
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The growth in 2021 was largely due to the regions ability to attract residents from other provinces, while our natural growth continued to decline.

Key Points: 
  • The growth in 2021 was largely due to the regions ability to attract residents from other provinces, while our natural growth continued to decline.
  • Meanwhile, deaths continued to outnumber births in the region and this negative natural growth reduced the population by 601 in 2021.
  • From 2017 to 2021, the Kootenays added 7,689 residents but only 808 housing units were constructed in Cranbrook and Nelson.
  • Nevertheless, the ongoing demand and limited supply our region is experiencing have contributed to housing prices reaching new highs this year.

From a challenging year comes remarkable quality BC wine

Retrieved on: 
Wednesday, April 20, 2022
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The BC Wine Grape Report is available to BC wine lovers and industry professionals alike and an essential tool to understand and promote the exceptional wines that came from the eventful 2021 growing season.

Key Points: 
  • The BC Wine Grape Report is available to BC wine lovers and industry professionals alike and an essential tool to understand and promote the exceptional wines that came from the eventful 2021 growing season.
  • Learn more about BC Wine with the Wines of BC Ambassador Program Course Level One online certification using promo code BCWINE22 for complimentary access ($75 value).
  • Be sure to download the award-winning Wines of BC Explorer App for insider knowledge on everything BC wineries have to offer!
  • Read the @WineBCdotcom BC Wine Grape Vintage Report as new 2021 wines hit the shelves #BCWineLife

CPABC: Kootenay housing starts stay strong in 2021, while two major projects finished construction

Retrieved on: 
Tuesday, March 15, 2022
Chartered Professional Accountant, Panorama Mountain Resort, Annual report, CA, GLOBE, Organization, CPA, Student, Housing, Chartered, Canada, Environment, Leadership, BC, Public policy, Oil, Kootenays

Strong demand and rising prices for larger homes caused investors to focus more on developing the typically larger detached units.

Key Points: 
  • Strong demand and rising prices for larger homes caused investors to focus more on developing the typically larger detached units.
  • The decline was concentrated in Cranbrook, where the 195 units started in 2021 was well below the 330 started in 2020.
  • The region has also continued to benefit from major project activity, including the completion of two long-running projects.
  • The major project activity in the region, including some new major projects that have recently begun construction, has helped provide economic stability during a challenging period.