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The Globe and Mail Nancy Lanthier Published April 27, 2021 Handout With a temperate ocean climate, gardens and heritage architecture, Victoria is often considered one of the most appealing cities in Canada. But it is also one of the most expensive places for businesses to lease workspace. Victoria’s 0.7-per-cent vacancy rate for industrial space is the lowest in North America, and its lease rates are the highest in Canada, according to the latest data from CBRE, a leading commercial real estate services firm. Entrepreneurs who do manage to find scarce industrial space will pay rent that ...

Imagine that, like a majority of the Canadian population, you work in the service industry – maybe waiting tables at a local pub. You come in to work one day to find that the phones and heat have been shut off, the floors are unwashed and sticky, the bar is almost barren, and the kitchen is too under-stocked to supply the daily special. You stay and perform your job as best you can, only to hear from the manager at 5 p.m. that you have just worked your last shift; you will not be needed again, as the pub is permanently closing its doors.

23 February 2021 The NSW government will draw upon the expertise of the state’s energy experts, establishing a new board of sector representatives to provide advice on the job creation and manufacturing opportunities being created by the renewable energy sector. The first Renewable Energy Sector Board was unveiled by NSW energy minister Matt Kean on Tuesday and will be tasked with providing guidance on how to best support job creation and economic benefits being created by the state’s ambitious energy plan. “We have bought all the key players to the table to make sure we don’t miss an...

Anne Schrager February 11, 2021Updated: February 16, 2021, 7:11 am Each year Valentine’s Day and Presidents Day are kissing cousins on the calendar. The federal holiday celebrated on the third Monday of February celebrates our first president, George Washington, and all the presidents who’ve led our country. San Francisco’s City Hall typically celebrates the holiday by illuminating the building in red, white and blue. The schedule varies from year to year, but look up and see if you can catch it if you’re driving around the area after dark. This year’s three-day weekend...

Industrial outlook: Victoria leads capital cities into 2021 B.C. capital has the lowest industrial vacancy rate in North America and the highest lease rates in Canada. December 30, 2020 — Omicron and partner building a $100M industrial park in Greater Victoria. | Omicron With a 0.7 per cent vacancy rate – the lowest in North America – and average lease rates the highest in Canada, Victoria, B.C. has the strongest industrial market among capital cities in Western Canada. Local agents say the small industrial market of 9.3 million square feet rem...