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by Mona Mattei on Tuesday Aug 30 2011
Squeaking in under the deadline wire, Boundary Sawmills Inc. (BSI) secured a loan this week for $1 million to complete the Midway mill purchase.
 
Working with the Heritage Credit Union over the weekend, Doug McMynn, president of BSI, said they were able to not only cover their outstanding debt to Fox Lumber Sales Ltd., but also hope to pay out another $1 million note...
by Contributor on Monday Aug 29 2011

Despite its massive size, the Waneta Dam expansion project has seen no massive amount of problems.

In fact, the project has reached more than 450,000 man hours without a lost time or major environmental incident.

“This is an important milestone for the project,” said Audrey Repin, spokesperson for the Waneta Expansion Project. “It defines our dedication to a high...

by Contributor on Sunday Aug 28 2011

Standard & Poor’s Rating Services has confirmed the Province’s AAA credit rating will continue after British Columbians voted to bring back the PST plus GST tax system, Finance Minister Kevin Falcon announced Sunday.

Standard & Poor’s noted the Province has the solid revenue and expenditure flexibility necessary to meet its deficit targets and a moderate tax-supported debt burden...

by Contributor on Saturday Aug 27 2011

The Province will reinstate the combined 12 per cent PST and GST tax system following the referendum decision by British Columbians to extinguish the HST in B.C.

An action plan has been established to guide the transition process and help ensure an effective and orderly transition from the HST to the PST plus GST system in B.C.

The PST will be reinstated at seven per cent with all...

by Nelson Daily Staff on Sunday Aug 21 2011

Mining is returning to the Princeton region as the Copper Mountain Mine celebrated its grand opening Friday. The mine brings jobs to the area and benefits the entire province.

Having started production in June 2011, Copper Mountain is the third-largest copper mine in Canada and the first major-metals mine to open in British Columbia since 1998.

...
by Contributor on Thursday Aug 18 2011

In just three years, the environment has lost its status as one of the top five issues facing Canadians, with only 49 per cent ranking it as very important.

According to Bensimon Byrne's latest Consumerology Report, concern has fallen significantly since 2008 (down 11 points) and ranks behind issues such as the price of gas, adequate pensions, the state of...

by Nelson Daily Staff on Monday Aug 15 2011

Woodlot licensee George Delisle has received the Minister’s Award of Excellence for Woodlot Management, Boundary-Similkameen MLA John Slater announced today at a presentation on behalf of Forests, Lands and Natural Resource Operations Minister Steve Thomson.

Delisle has managed a woodlot near Rock Creek since 1984, and is well known for educating local residents about...

by Contributor on Monday Aug 15 2011

Family members of most temporary foreign workers in British Columbia will be able to work for any employer in the province, thanks to a pilot project launched today.

Temporary foreign workers come to Canada to meet the needs of a specific employer who has been unable to find citizens or permanent residents for the available jobs.

An open work...

by Contributor on Monday Aug 15 2011

Led by strong gains to Asia and Europe, British Columbia’s exports for the first half of 2011 are up by nearly 14 per cent compared with first six months of 2010.

Figures released by Statistics Canada show that B.C.’s international merchandise exports from January to June were worth $15.9 billion, compared with $14 billion last year.

Solid...

by Nelson Daily Editor on Sunday Aug 14 2011

A government review panel has painted a picture of a bloated B.C. Hydro Corp. which is overstaffed by up to 1,200 employees.

Panel member Cheryl Wenezenki-Yolland, acting deputy minister of advanced education, said Thursday that the Crown corporation is overstaffed in the communications, human resources and engineering departments.

The panel...

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