Albert Van Santvoort
BusinessInVancouver
Vancouver, BC, Canada
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Past articles by Albert:
Report: Oil demand expected to start long-term decline within the decade
Oil prices and demand have been a rollercoaster over the past few years, first hitting a roughly 20-year low in April 2020 and then hitting a 10-year high in May 2022. → Read More
Interactive map: COVID-19 cases in Vancouver
While the average daily rate of COVID-19 cases fell in Vancouver, it remains particularly high in two neighbourhoods: Victoria-Fraserview and Sunset. → Read More
ICBC to cut rates by 20% – up to $400 per customer
Mike Farnworth, Minister of Public Safety and Solicitor General, announced the largest decrease to basic insurance rates in 40 years. → Read More
Most profitable companies’ earnings dip after 2018 peak
Even before the ominous arrival of 2020’s pandemic economy, earnings for B.C.’s most profitable companies were declining, according to data collected for BIV’s most profitable companies list (pages 9–10). → Read More
Wilkinson concedes
Shortly after 5:00 on Sunday, BC Liberal leader Andrew Wilkinson conceded the 2020 B.C. election in a tweet. → Read More
What’s next for the BC Liberals after big election night loss
There’s no question last night was a crushing defeat for the BC Liberals. → Read More
Where do we go from here: The day after B.C.'s 2020 election
British Columbia’s COVID-19 election was one for the history books. It was the first time the province held an election during a pandemic, the first time an NDP premier was re-elected and the first time the NDP won a riding in Langley. → Read More
BC NDP promise ICBC rebate cheque
The BC NDP will issue ICBC rebate cheques to drivers for any profits generated during the COVID-19 pandemic, David Eby, NDP candidate for Vancouver-Point Grey said Sunday. → Read More
Biden-Harris tax changes could be good news for Canada
A Joe Biden-Kamala Harris White House could bring a number of U.S. tax changes that could benefit Canada, but experts agree that a stable neighbour and a return to normalcy would provide the biggest boost to the country’s business and economy. → Read More
Trudeau prorogues parliament; seeks new mandate with confidence vote in September
On a tumultuous day on parliament hill, Prime Minister Justin Trudeau first acknowledged Bill Morneau’s resignation and thanked him for his service as finance minister and MP. → Read More
COVID-19 stalls construction’s opioid crisis progress
While the COVID-19 pandemic has dominated the news since March, provincial health officer Dr. Bonnie Henry noted in a recent briefing that it’s not the only health crisis the province is facing. → Read More
Net income down for B.C.’s biggest public companies
Net income at the province’s top 100 public companies fell 50.4% to $53.4 million in 2019 compared with 2018, according to data collected on Business in Vancouver’s Top 100 Public Companies in B.C. list (pages 11–12). → Read More
Busy signals and crashed websites greet stir crazy B.C. campers
After being stuck indoors while taunted by gorgeous weather and pristine mountain and water views, it is no surprise that British Columbians are eager to plan the camping trip they have been dreaming about and reserve their campsite. → Read More
B.C.'s road to recovery: TransLink plots funding route to renewal
Update: On Friday TransLink announced that it was rolling back planned service suspensions and layoffs after talks with the provincial government. → Read More
Outbreak at United Poultry Company in Vancouver
Provincial chief medical officer Bonnie Henry has identified an outbreak in the Vancouver Coastal Health Region at the United Poultry Company in Vancouver. → Read More
COVID-19 cold water on hot market
While COVID-19 has sent shock waves through the economy, experts predict that the corporate finance world will survive the blast relatively unscathed after an exceptional five-year run. → Read More
B.C. Cannabis retailers hopeful they will be deemed essential
British Columbian cannabis retailers are hopeful that cannabis dispensaries will be deemed essential businesses and be able to keep their doors open in the event of a province wide shutdown. → Read More
Labatt's Vancouver brewery to start making hand sanitizer
Labatt Breweries of Canada is shifting production from beer to hand sanitizer across the country including its Goodridge & Williams distilling location in Delta. → Read More
B.C. engineering firms a hotbed of employee ownership
Business professors teaching the pros and cons of company ownership may want to start including some of B.C.’s largest engineering firms as examples of successful employee ownership models. → Read More
Cannabis fails to deliver anticipated real estate buzz
Commercial real estate owners aren’t as high on cannabis legalization as they had hoped they’d be. More than a year after cannabis was legalized in Canada, some analysts say the sometimes overhyped economic potential of the pot industry also infected B.C.’s real estate market. → Read More