Business

The owners of Armstrong and Kamloops-based company MULTY Rack Systems struck a deal with two Dragons on an episode of CBC’s Dragons’ Den which aired Thursday, Jan. 4, 2024. (CBC photo)

Armstrong-Kamloops truck rack makers strike Dragons’ Den deal

Cory New and Rick Sauder of MULTY Rack Systems secured marketing capital in Thursday night TV episode

Salmon Arm’s 4AG Robotics (formerly TechBrew Robotics) has secured $17.5 million in financing to accelerate the development and deployment robotic solutions for mushroom harvesting. (TechBrew Robotics/Youtube image)

B.C. robotics firm secures $17.5M to revolutionize mushroom industry

Salmon Arm’s TechBrew Robotics rebranding to 4AG Robotics, developing robo-mushroom picker

A proposed sale would see Glencore aquire Teck Resources Ltd’s coal assets in the Elk Valley. File Photo.

‘Not our first rodeo’: Commitments key as B.C. reacts to $9B Teck coal sale

4 coal mines central to the purchase serve as the bedrock of the East Kootenay economy

Andy Fillion, left, and his grandson Nicholas Fillion, 9, watch the movie Trolls World Tour at Caprice Cinemas, in Surrey, B.C., on Sunday, June 28, 2020. The B.C. film indutry may be past COVID and two Hollywood strikes, but a rebound has yet to arrive. THE CANADIAN PRESS/Darryl Dyck

Cameras gone cold for B.C.’s Hollywood North film industry

Hollywood strikes might be over but it could be some time before B.C. industry rebounds

Andy Fillion, left, and his grandson Nicholas Fillion, 9, watch the movie Trolls World Tour at Caprice Cinemas, in Surrey, B.C., on Sunday, June 28, 2020. The B.C. film indutry may be past COVID and two Hollywood strikes, but a rebound has yet to arrive. THE CANADIAN PRESS/Darryl Dyck
<div>Federal Finance Minister Chrystia Freeland says more competition is needed in Canada’s grocery sector as consumers grapple with the rising cost of living. A person wears a face mask in a grocery store in Montreal, Wednesday, Nov. 16, 2022. THE CANADIAN PRESS/Graham Hughes</div>

More competition crucial in stabilizing grocery prices, Freeland says

Pair of major Canadian grocers reported higher profits and sales in most recent quarter

<div>Federal Finance Minister Chrystia Freeland says more competition is needed in Canada’s grocery sector as consumers grapple with the rising cost of living. A person wears a face mask in a grocery store in Montreal, Wednesday, Nov. 16, 2022. THE CANADIAN PRESS/Graham Hughes</div>
A group representing Canada’s engineers is urging Alberta’s premier to reconsider a proposal the province recently tabled that aims to loosen restrictions around who can use the “engineer” title. Alberta Premier Danielle Smith speaks to party faithful at the United Conservative Party annual general meeting in Calgary, Saturday, Nov. 4, 2023.THE CANADIAN PRESS/Jeff McIntosh

Calls for Alberta to reconsider change to rules around ‘engineer’ title

Engineering group does not want to see loosening of title

A group representing Canada’s engineers is urging Alberta’s premier to reconsider a proposal the province recently tabled that aims to loosen restrictions around who can use the “engineer” title. Alberta Premier Danielle Smith speaks to party faithful at the United Conservative Party annual general meeting in Calgary, Saturday, Nov. 4, 2023.THE CANADIAN PRESS/Jeff McIntosh
Carolyn Rogers, Senior Deputy Governor at the Bank of Canada waits to appear as a witness before the Senate of Canada Standing Commitee on Banking, Commerce and the Economy in Ottawa, on Thursday, April 20, 2023. THE CANADIAN PRESS/Spencer Colby

Canadians should not expect interest rates to drop back to previous lows

Bank of Canada official says don’t count on pre-pandemic rates returning

Carolyn Rogers, Senior Deputy Governor at the Bank of Canada waits to appear as a witness before the Senate of Canada Standing Commitee on Banking, Commerce and the Economy in Ottawa, on Thursday, April 20, 2023. THE CANADIAN PRESS/Spencer Colby
Buildings are reflected in the windows of the new IKEA store on its opening day in San Francisco, Wednesday, Aug. 23, 2023. (AP Photo/Eric Risberg)

New Ikea Canada CEO leaning into efficiency as he works to improve back end

Company leaning on automation as it overhauls fulfilment network

Buildings are reflected in the windows of the new IKEA store on its opening day in San Francisco, Wednesday, Aug. 23, 2023. (AP Photo/Eric Risberg)
FILE - The Airbnb app icon is displayed on an iPad screen in Washington, D.C., on May 8, 2021. Airbnb reports earnings on Wednesday, Nov. 1, 2023. (AP Photo/Patrick Semansky, File)

Airbnb set to play favourites with listings in bid to improve reliability

Airbnb said that it will roll out what it calls ‘Guest Favorites’ ranking system this week

FILE - The Airbnb app icon is displayed on an iPad screen in Washington, D.C., on May 8, 2021. Airbnb reports earnings on Wednesday, Nov. 1, 2023. (AP Photo/Patrick Semansky, File)
As the deadline to repay pandemic loans and receive partial forgiveness approaches, small businesses are still hoping the federal government will reverse course and extend it for another year. The Peace Tower is pictured from the roof of the Centre Block during a media tour of the Centre Block restoration project on Parliament Hill in Ottawa, Thursday, June 22, 2023. THE CANADIAN PRESS/Sean Kilpatrick

Small businesses still pleading for federal pandemic loan extension

$49.2 billion CEBA program scheduled to come due early in the new year

As the deadline to repay pandemic loans and receive partial forgiveness approaches, small businesses are still hoping the federal government will reverse course and extend it for another year. The Peace Tower is pictured from the roof of the Centre Block during a media tour of the Centre Block restoration project on Parliament Hill in Ottawa, Thursday, June 22, 2023. THE CANADIAN PRESS/Sean Kilpatrick
FILE - People pass through Salt Lake City International Airport, June 27, 2022, in Salt Lake City. The cost of travel has fluctuated sharply in recent years, but travelers expecting high prices now might be in for a pleasant surprise. Data show that many travel expenses, including airfare, have decreased recently. Domestic flights in particular have been less expensive, and while international airfare remains elevated, it too is coming down as airlines slowly add more capacity. (AP Photo/Rick Bowmer, file)

Complicated market dealing travellers a mixed hand

Some travel costs flying against general inflation trends

FILE - People pass through Salt Lake City International Airport, June 27, 2022, in Salt Lake City. The cost of travel has fluctuated sharply in recent years, but travelers expecting high prices now might be in for a pleasant surprise. Data show that many travel expenses, including airfare, have decreased recently. Domestic flights in particular have been less expensive, and while international airfare remains elevated, it too is coming down as airlines slowly add more capacity. (AP Photo/Rick Bowmer, file)
Air Canada passengers check in at the Vancouver International Airport on June 17, 2008. Air Canada says the country’s passenger rights overhaul will hardly hurt its bottom line.THE CANADIAN PRESS/Darryl Dyck

Passenger rights overhaul will barely dent bottom line, Air Canada says

‘But certainly it could have some impacts that may still be felt when we look forward’

Air Canada passengers check in at the Vancouver International Airport on June 17, 2008. Air Canada says the country’s passenger rights overhaul will hardly hurt its bottom line.THE CANADIAN PRESS/Darryl Dyck
FILE - The World Bank building in Washington, Monday, April 5, 2021. The World Bank says oil prices could be pushed into “uncharted waters” if the violence between Israel and Hamas were to escalate. The organization’s Commodity Markets Outlook finds that the effects on oil prices should be limited if the conflict doesn’t widen. (AP Photo/Andrew Harnik, File)

Oil prices could reach ‘uncharted waters’ if the Israel-Hamas war escalates, the World Bank says

The World Bank reported on Monday that oil prices could be pushed…

FILE - The World Bank building in Washington, Monday, April 5, 2021. The World Bank says oil prices could be pushed into “uncharted waters” if the violence between Israel and Hamas were to escalate. The organization’s Commodity Markets Outlook finds that the effects on oil prices should be limited if the conflict doesn’t widen. (AP Photo/Andrew Harnik, File)
The almond croissant, a partnership between 49 Below and GoodSide Pastry House, is a good example of upcycled ice cream options at the Oak Bay ice cream shop. (File - courtesy 49 Below)

B.C. ice cream maker battles shrinkflation one sweet spoonful at a time

Tax-avoiding 500 ml packages ‘still snack size if you believe it is,’ says 49 Below

The almond croissant, a partnership between 49 Below and GoodSide Pastry House, is a good example of upcycled ice cream options at the Oak Bay ice cream shop. (File - courtesy 49 Below)
Tin Whistle Brewing owners Alexis Esseltine and Tim Scoon in April 2023. The three-year owners of the South Okanagan’s original brewery saw their beer recently recognized at the Canada Beer Cup. (Monique Tamminga Western News)

Penticton’s Tin Whistle Brewing wins 2 gold medals at Canada Beer Cup

Another popular brewery in the city was also recognized with a silver medal

Tin Whistle Brewing owners Alexis Esseltine and Tim Scoon in April 2023. The three-year owners of the South Okanagan’s original brewery saw their beer recently recognized at the Canada Beer Cup. (Monique Tamminga Western News)
A man uses a computer keyboard in Toronto in this Sunday, Oct. 9, 2023 photo illustration. Global accounting firm KPMG says cybercrime is a growing issue in Metro Vancouver and on Vancouver Island. THE CANADIAN PRESS/Graeme Roy

Cyberattacks hit more than half of B.C. businesses last year: survey

KPMG says 54% of small and mid-sized firms reported paying a ransom in the past three years

A man uses a computer keyboard in Toronto in this Sunday, Oct. 9, 2023 photo illustration. Global accounting firm KPMG says cybercrime is a growing issue in Metro Vancouver and on Vancouver Island. THE CANADIAN PRESS/Graeme Roy
Kelowna’s GreenStep Solutions was approved as an affiliate member of the United Nations World Tourism Organization. (contributed)

Kelowna company to help the world with tourism sustainability

GreenStep Solutions has become an affiliate member of the UNWTO

  • Oct 25, 2023
Kelowna’s GreenStep Solutions was approved as an affiliate member of the United Nations World Tourism Organization. (contributed)
The Teck Resources logo is seen on a podium before the company’s special meeting of shareholders, in Vancouver, B.C., Wednesday, April 26, 2023. THE CANADIAN PRESS/Darryl Dyck

B.C.’s Teck says any sale firmly tied to having the authorities onside

Splitting steelmaking coal business from other operations remains focus, year-end decision sought

The Teck Resources logo is seen on a podium before the company’s special meeting of shareholders, in Vancouver, B.C., Wednesday, April 26, 2023. THE CANADIAN PRESS/Darryl Dyck
Produce is shown at a west-end Toronto Sobeys grocery store on Sunday, June 26, 2023. The House of Commons agriculture committee is asking the heads of Canada’s major grocery chains to testify about their plans to stabilize grocery prices after the federal government announced commitments secured from the grocers. THE CANADIAN PRESS/Graeme Roy

Grocers asked to share price stabilization plans with Parliament

Executives to be invited — or ordered — back to Ottawa to address food inflation

Produce is shown at a west-end Toronto Sobeys grocery store on Sunday, June 26, 2023. The House of Commons agriculture committee is asking the heads of Canada’s major grocery chains to testify about their plans to stabilize grocery prices after the federal government announced commitments secured from the grocers. THE CANADIAN PRESS/Graeme Roy
This image released by Sony Pictures shows Tom Holland, left, and Benedict Cumberbatch in Columbia Pictures’ “Spider-Man: No Way Home.” (Sony Pictures via AP)

Milwaukee comic shop looking to sell copy of first appearance of Spider-Man, book could go for $35K

A Milwaukee comic book shop is looking to sell a rare copy…

This image released by Sony Pictures shows Tom Holland, left, and Benedict Cumberbatch in Columbia Pictures’ “Spider-Man: No Way Home.” (Sony Pictures via AP)