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Category: Features Progress

Progress 2017: Spotlight on Okanagan Business

Watch for the Progress 2017 magazine coming out this week.  Progress 2017 brings you the latest from the following Okanagan businesses. We encourage you to support your communities by shopping local. Back to Earth Bags N All Bannister GM Baptist Housing | Village at Mill Creek BMP Millwork Boyd Autobody & Glass Central Okanagan Counselling Services Dilworth Homes Downtown Vernon Harmony Acura Hotwire Electric  Illichmann's Meats, Sausages & Gourmet Foods JC Bradley Jewellers Lakeshore Vein & Aesthetics MCL Real Estate Group Pacific Timberworks Pinnacle Roofing Restore Vein & Skin Centre Silver Star Mountain Resort The Cottages on Osoyoos Lake The...

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Positive prospects: Okanagan small business success

Okanagan small business owners maintain optimistic outlook for regional economy Where is the Okanagan economy headed? That’s the question on everyone’s mind these days. With the crash in oil prices and a stock market tanking, largely based on China’s economic output, do we have any wiggle room to prosper and grow here in the Valley? According to local business people, the answer is an unequivocal “Yes”—but with some understanding and strategies to deal with current conditions. One of the reasons it’s so hard to assess what’s going on is the lag time for data to be collected and factored...

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Okanagan Real Estate Outlook

Depending on how you read the statistics, the glass is either half empty or half full when it comes to forecasting real estate in our region. Traditional construction is no longer the norm, with prices hitting the high end of the tolerance scale for single-family dwellings, but a growth spurt in multifamily units, like townhouses, is looming on the horizon. According to a recent Canadian Mortgage and Housing Corporation (CMHC) forecast for all of BC, and comparing current trends to the rest of the country, real estate markets will see a gentle quarter-to-quarter increase of slightly better than one...

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Christy Clark: Premier MLA

Pulling off a stunning upset, Christy Clark held on to her job as BC’s 35th premier—and unexpectedly became the Valley’s newest MLA. How will she juggle her twin roles and what mark will Clark leave on the Okanagan? In the months leading up to the 2013 BC provincial election, Christy Clark’s Liberals trailed Adrian Dix and the NDP by as many as 20 points. But on election night, Clark raised her arm in victory, squelching questions about her leadership and silencing the media and pollsters whose predictions had gone awry. The people of BC had chosen, but so had...

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Construction: The Big Picture

The future looks stagnant if you base predictions for commercial and residential construction in the Kelowna area on one set of numbers alone. Recent Canada Mortgage and Housing Corporation (CMHC) figures indicate  only minor improvement in single family and townhouse construction numbers while condo development is flat.  But that’s not the whole picture. Things are changing here in Kelowna,” says Jim Paterson, executive director for business development at Kelowna City Hall. “The number of building permits applied for is increasing significantly in the core Kelowna area. Where we see them growing slowly or not at all is in the...

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