All Financial articles

A timberframe home for sale in Fernie currently listed at $1,275,000
East Kootenay, West Kootenay, Financial, Real Estate Fernie Leads the Way with Highest Property Assessments in Kootenays

BC Assessment's Kootenay Columbia region covers the southeast portion of the province from Fernie to Grand Forks and from Revelstoke to Cranbrook.

This typical Revelstoke heritage home is listed by Remax at $369,000, assessment values in Revelstoke went up 21% last year.
East Kootenay, West Kootenay, Financial, Real Estate Top 10 Communities: Residential Property Assessments Jump

Overall, the Kootenay Columbia region's total assessments increased from $38.6 billion in 2017 to $40.87 billion this year.

Columbia Basin Trust logo.
East Kootenay, West Kootenay, Financial, Small Business, Technology REMINDER: Get $1,000 to go to #BCTECH Summit

The #BCTECH Summit is the place for connecting industry, government and research under one roof to do business.

The Ktunaxa Nation Council, housed in this government building, is one of the recipients of a Social Grant from Columbia Basin Trust.
East Kootenay, West Kootenay, Financial 16 social projects to receive $1 million

Columbia Basin Trust announces its most recent Social Grants recipients

An affordable housing development in the Elk Valley that was built in recent years, CBT looking to expand program.
East Kootenay, West Kootenay, Financial, Real Estate Province partners with Columbia Basin Trust for new affordable housing

The Province and the trust will each provide $14 million over the next three years with a target to create 225 affordable rental housing units.

Picture of casino with slot machines.
East Kootenay, Cranbrook, West Kootenay, Castlegar, Entertainment and Hospitality, Financial Casino revenue in the Kootenays tops $20 million annually

Gambling revenue at the two provincially licensed casinos in the Kootenays generated a combined revenue of over $20 million in 2015/2016.

The Trust’s Ecosystem Enhancement Program will help maintain and improve ecological health and native biodiversity in a variety of ecosystems, such as wetlands, fish habitat, forests and grasslands.
East Kootenay, West Kootenay, Environment, Financial Significant boost for Basin ecosystems

Columbia Basin Trust announces new five-year, $10-million program.

Picture of two people looking at paintings in an art gallery.
East Kootenay, West Kootenay, Entertainment and Hospitality, Financial Trust expands support for arts, culture and heritage

Columbia Basin Trust is expanding its support for arts, culture and heritage with $11.6 million over three years.

Picture of person using typewriter at top of picture, with laptop user below.
East Kootenay, West Kootenay, Financial, Technology Supporting tech needs for non-profits

$1 million for non-profit organizations to upgrade critical office technology

Picture of white golf ball in foreground, with Revelstoke Golf Club in background.
East Kootenay, West Kootenay, Financial BC Rural Dividend grants over $10 million for rural projects—$1.2 million in Kootenays

The B.C. government is distributing $10.1 million in new grants to help rural communities stabilize their economies and create long-term local employment.

Nicole Fricot is the director of community economic development in Revelstoke, B.C.
West Kootenay, Revelstoke, Developments, Financial, Small Business, Kootenay Influencers Nicole Fricot for Revelstoke development

Building permit applications are piling up at Revelstoke City Hall, and Nicole Fricot, community economic development director, is busy.

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Don McCormick, mayor of Kimberley, B.C., is working to diversify the sources of support for Kimberley's economy.
East Kootenay, Kimberley, Financial, Small Business Focus forward: Kimberley 2017

“I don’t spend a lot of time looking back at where we’ve been—I always focus on where we’re going.” —Don McCormick, mayor of Kimberley

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The Best Western Hotel in Cranbrook is one of the city's hotels collecting the new 3% accommodation tax.
East Kootenay, Cranbrook, Entertainment and Hospitality, Financial, Tourism Cranbrook tourism: new 3% hotel tax projected to generate $450K annually

Cranbrook Tourism, a society created and incorporated in 2015, is to market and promote Cranbrook and region as a preferred, year-round destination

A beautiful timberframe house in Nakusp listed for rent on Airbnb, one of 2,100 Kootenay properties and homes listed on the company's website.
East Kootenay, West Kootenay, Financial, Tourism AirBnB up 21% in the Kootenays and generated over $18 million in revenue

AirBnB has a major economic presence in the Kootenays.

The Columbia Valley's new Economic Development Officer is Ryan Watmough
East Kootenay, Invermere, West Kootenay, Golden, Developments, Financial Ryan Watmough is the new Economic Development Officer for the Columbia Valley

Ryan Watmough has recently been hired by the Regional District of East Kootenay to be the new Economic Development Officer

Bob Wright was presented with the Al McCracken Memorial Award at the 2017 Community Futures British Columbia Conference in Quesnel, B.C. on September 15, 2017.
East Kootenay, West Kootenay, Financial Community Futures Board Member Wins Award

Bob Wright, long-time volunteer and board member of Community Futures Central Kootenay, was honoured for his years of commitment and service

Pictured from left to right are: Erik Kalacis, Executive Director, Tamara Rotach, Loans Manager and Sara Stuart, Director.
West Kootenay, Trail, Financial $3.69 million in business support for Greater Trail

Community Futures Greater Trail was recognized at the British Columbia Community Futures AGM for its outstanding business loan program.

Kootenay Savings building in Trail
East Kootenay, West Kootenay, Financial Seven Kootenay-based credit unions look to merge under one umbrella

The seven credit unions that encompass the Kootenay, Boundary and Columbia Valley regions are creating a single credit union

Columbia Basin Trust’s new Child Care Support Program will help maintain and create new child care spaces in the Basin.
East Kootenay, West Kootenay, Financial Trust strengthens child care in the basin

$3.6 million for new three-year program to maintain, create new spaces

Smart, hardworking and ambitious are words that describe Jaime Dekkers, the new owner/operator of Cranbrook Bookkeeping
East Kootenay, Cranbrook, Financial, Small Business Cranbrook Bookkeeping: the next generation

Young Jaime Dekkers is the new owner/operator of Cranbrook Bookkeeping.

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Johnny Strilaeff
East Kootenay, Cranbrook, Financial Continued growth and new programs benefit Basin residents

See the highlights from Columbia Basin Trust's 2016/17 Annual Service Plan Report

Denham Ford's recent fundraiser 'Our Hometown for Hunger' raised over $4000 for the Cranbrook Salvation Army's Soup Kitchen endowment fund.
East Kootenay, Cranbrook, Financial Cranbrook and District Community Foundation Fund for Salvation Army Soup Kitchen fund grew by $4,000

EKC helped established the CDCF endowment fund to benefit the Salvation Army’s Soup Kitchen in 2004.

Halcyon Hot Springs.
West Kootenay, Nakusp, Entertainment and Hospitality, Financial, Tourism No details forthcoming on sale of Halcyon Hot Springs

The hot springs resort is located on the shores of Arrow Lake north of Nakusp and was evidently sold to a lower mainland investor in March or April.

Doris Silva, College Director of Student Affairs.
East Kootenay, Cranbrook, Education, Financial College welcomes return of tuition-free programs

The decision, announced by the BC government on August 8, will be in effect for September classes.

The Valemount Senior Citizens Housing Society’s Golden Years Lodge will be upgraded to become more energy efficient thanks to support from Columbia Basin Trust’s Energy Retrofit Program.
East Kootenay, West Kootenay, Energy, Financial 25 buildings to receive energy retrofits

Columbia Basin Trust provides $900,000 this year through its new Energy Retrofit Program.

Tom Thomson, Executive Director of the Nelson and District Chamber of Commerce.
West Kootenay, Nelson, Financial Podcast—The entrepreneurial spirit is alive and well in Nelson, BC

In this episode of Kootenay Business Podcast, publisher Keith Powell, talks with Tom Thomson, Executive Director of the Nelson and District Chamber of Commerce.

Castlegar’s Crumbs Bakery Café is one of the businesses that benefited last year from Columbia Basin Trust’s School Works program. Left to right: Susanne Thomas (owner) and Cameran Millar (student).
East Kootenay, West Kootenay, Education, Financial, Small Business Apply for a wage subsidy: Hire a student

The program provides a wage subsidy to help employers provide part-time employment to full-time high school and post-secondary students.

The Waneta Dam.
West Kootenay, Trail, Financial Deal with Fortis off as Teck opts to sell Waneta Dam to BC Hydro—$28 million breakup fee

BC Hydro has exercised its right of first offer to purchase Teck’s two-thirds interest in the Waneta Dam in British Columbia, Canada, for $1.2 billion cash.

Waneta Dam in Trail, B.C.
West Kootenay, Trail, Financial BC Hydro plan to purchase remaining two-third interest in Waneta Dam will keep rates affordable

The purchase is forecast to have a beneficial financial impact each year, helping to keep rates affordable for BC Hydro’s customers.

Cole Hoodicoff, from Castlegar, one of three recipients of the Neil Muth Memorial Scholarship.
East Kootenay, West Kootenay, Education, Financial Neil Muth Memorial Scholarship recipients announced

First time scholarship awards three students around the Basin.

Fernie’s Home Bank building was built in 1910, at the height of the area’s coal production.
East Kootenay, West Kootenay, Financial Heritage structures face the future

Columbia Basin Trust’s Built Heritage Grants fund 16 projects with $1.4 million.

Cranbrook
East Kootenay, Cranbrook, Financial Cranbrook Tourism continues to make progress

Foundational work of the Cranbrook Tourism Society continues to move forward in the Key City

Plane taking off at YZZ
West Kootenay, Trail, Developments, Financial Trail Regional Airport receives $4.6 million in grant funding for Runway Rehabilitation Project

The City of Trail is pleased to announce it has received a $4.6 million grant from the Airports Capital Assistance Program (ACAP)

Three search and rescue teams in the Columbia Basin have new helicopter rescue equipment thanks to support from Columbia Basin Trust.
East Kootenay, Fernie, West Kootenay, Golden, Nelson, Financial Safer and quicker access to lost or injured

Columbia Basin Trust helps SAR teams purchase rescue equipment

Upgrading roof insulation is a good example of an energy retrofit that will help save money on heating costs and improve the comfort level of a home.
East Kootenay, West Kootenay, Energy, Financial Affordable Housing Energy Retrofit Program now open

Trust providing $2M for energy conservation upgrades.

The Lower Columbia Initiatives Corporation (LCIC) this week launched a new game-changing economic development marketing program in Trail.
West Kootenay, Trail, Financial Metal Tech Alley celebrates grand opening in Trail

Metal Tech Alley has been created with the input and engagement of multiple stakeholders, citizens, business leaders and community officials.

The Kicking Horse Coffee manufacturing facility, based in Invermere, B.C.
East Kootenay, Invermere, Cuisine, Financial, Retail Italy’s Lavazza Group buys Kicking Horse Coffee in $215 million deal

Kicking Horse Coffee is one of the Kootenay’s largest employers with over 110 people working out of the company's Invermere manufacturing facility.

The 2017 Dragons Den competitors.
West Kootenay, Trail, Education, Financial, Small Business Audience vote helps to determine winners at Junior Dragons Den Championship

The Junior Dragons Den Championship was held on May 6th at the Charles Bailey theatre in Trail, B.C.

Waneta Dam
West Kootenay, Energy, Financial Fortis buys Teck’s interest in Waneta Dam for $1.2 Billion

Under the agreement, Teck Metals Ltd. will be granted a 20-year lease to use Fortis' interest in Waneta to produce power for its industrial operations in Trail

Elkford Search and Rescue group.
East Kootenay, Financial Community Cash Awards amounts to over $7,718 for Elk Valley organizations

Unlike other funding initiatives, the Community Cash Awards provide EKC members, and the community, the opportunity to ‘invest in’ and select the award winners.

West Kootenay, Nelson, Trail, Financial, Small Business Junior Dragons take to the stage at Shambhala Music & Performance theatre

The event saw students pitch everything from automotive diagnostic apps to sophisticated branding companies, in a fast paced live show format.

Photo of young girl on zipline.
East Kootenay, Radium Hot Springs, Developments, Entertainment and Hospitality, Financial, Tourism New Radium Valley Zipline looks for $20K in investment

The Valley Zip Line Adventures site is in an ideal location, situated just off of Highway 93/95 and a major route for tourism.

Junior Dragons Den logo.
West Kootenay, Nelson, Trail, Financial, Small Business Join us for Junior Dragons Den!

Junior Dragons Den is a youth-based business competition that encourages entrepreneurial skills among students from Grade 7 to college and university level.

Kootenay Boundary Regional Hospital in Trail.
West Kootenay, Trail, Developments, Financial, Health & Wellness Over $18 million in upgrades for Trail’s Kootenay Boundary Regional Hospital

The emergency department expansion will address immediate space and service challenges and accommodate projected patient care needs for years to come.

Heli-skiing operation.
East Kootenay, West Kootenay, Entertainment and Hospitality, Financial, Tourism Canadian Mountain Holidays (CMH) sold along with Intrawest in $1.5 billion deal

Intrawest is a North American mountain resort and adventure company, delivering distinctive vacation and travel experiences to its customers.

Koocanusa Lake.
East Kootenay, Environment, Financial Koocanusa strategy to address recreation issues

The actions outlined in the strategy will begin this spring, and will be funded in part by $750,000 over three to five years from Columbia Basin Trust.

The Columbia Valley has received $159,600 from B.C.'s Rural Dividend Fund to address economic development.
East Kootenay, Invermere, Financial, Small Business New money for the Columbia Valley

A provincial grant of $159,600 will be used to establish and staff an economic development office for the Columbia Valley.

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Design sketch of the new community centre in Radium Hot Springs.
East Kootenay, Radium Hot Springs, Developments, Financial Trust’s largest project in Radium is all about community

Columbia Basin Trust contributes $500,000 for new community centre

2016/17 Recreation Infrastructure Grants infographic.
East Kootenay, West Kootenay, Financial Enhanced ways to get moving, have fun and get fit

Columbia Basin Trust approves 38 recreation infrastructure projects

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