Business News

CIBC aims to reduce emission intensity from power portfolio by 32 per cent by 2030
September 29, 2022 - 10:09 AM

TORONTO - CIBC says it aims to cut the emissions intensity of its power generation portfolio by 32 per cent by 2030 in the latest climate target released by a Canadian bank.
WestJet ramps up fleet with purchase of 42 more airplanes
September 29, 2022 - 10:00 AM

CALGARY - WestJet is making a substantial addition to its fleet with the purchase of 42 aircraft.
Wall Street drops back to lowest since 2020 as fear returns
September 29, 2022 - 9:49 AM

NEW YORK (AP) — Stocks are back to falling on Wall Street Thursday as worries about a possible recession and rising bond yields put the squeeze back on markets.
Russia to annex more of Ukraine on Friday at the Kremlin
September 29, 2022 - 9:46 AM

KYIV, Ukraine (AP) — Russia planned to annex more of Ukraine on Friday in an escalation of the seven-month war that seemed sure to further isolate the Kremlin, draw it more international punishment and bring extra military, political and economic support to Ukraine.
Statistics Canada says job vacancies dropped below one million in July
September 29, 2022 - 9:39 AM

OTTAWA - Statistics Canada says the number of job vacancies in the country moved lower to slip below one million in July, but remained well above where they were a year earlier.
Temporary boost to GST rebate would cost $2.6 billion: PBO
September 29, 2022 - 9:30 AM

OTTAWA - The parliamentary budget officer estimates the Liberal bill proposing to temporarily double the GST rebate will cost $2.6 billion.
Salary transparency is on the rise. Here's how to navigate the topic
September 29, 2022 - 9:30 AM

TORONTO - Mo Hameed started a TikTok account showcasing everyday Canadians sharing what they do and how much they make just a few months ago.
NATO believes Baltic Sea gas leaks were sabotage
September 29, 2022 - 9:27 AM

COPENHAGEN, Denmark (AP) — The NATO military alliance warned Thursday it would retaliate for any attacks on the critical infrastructure of its 30 member countries and joined other Western officials in citing sabotage as the likely cause of damage to two natural gas pipelines in the Baltic Sea.
Average home price 67 per cent higher than affordable level in August: PBO
September 29, 2022 - 8:55 AM

OTTAWA - The parliamentary budget officer says the national average price of a home in February was more than 50 per cent higher than it was two years prior.
Gas prices up by as much as almost 20 cents in some Canadian cities
September 29, 2022 - 8:35 AM

TORONTO - Gas prices jumped overnight in some cities across Canada by as much as almost 20 cents.
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Driverless bus could become part of the Rail Trail in Kelowna
A joint UBCO-City of Kelowna study on transit options for the Okanagan Rail Trail through the city is stopping users to get their thoughts. “The need from the city was to explore the opportunity for this corridor, that is available to

New Asian fusion eatery opens in downtown Vernon
An Asian restaurant located in the heart of Vernon opened this month. Jade Asian Kitchen specializes in authentic Chinese cuisine, Japanese sushi and Canadian comfort foods. “We love it here in Vernon and are getting lots of pos

Front companies being used to launder illicit cannabis cash: intelligence agency
OTTAWA - Canada’s financial intelligence agency says a wide range of businesses — from food wholesalers to electronics repair services — are being used to disguise the proceeds of illicit cannabis operations. In a new oper

Peachland golf course project comes with hundreds of homes
More than a decade after first being approved, work is expected to start next year on a new golf course and up to 500 homes on what’s known as the Ponderosa lands in upper Peachland. In 2011, a plan for those lands was approved by the

Business News

CIBC aims to reduce emission intensity from power portfolio by 32 per cent by 2030

WestJet ramps up fleet with purchase of 42 more airplanes

Wall Street drops back to lowest since 2020 as fear returns

Russia to annex more of Ukraine on Friday at the Kremlin

Statistics Canada says job vacancies dropped below one million in July

Temporary boost to GST rebate would cost $2.6 billion: PBO

Salary transparency is on the rise. Here's how to navigate the topic

NATO believes Baltic Sea gas leaks were sabotage

Average home price 67 per cent higher than affordable level in August: PBO

Gas prices up by as much as almost 20 cents in some Canadian cities

Kamloops

Kelowna

Penticton

Vernon