The Vancouver Business Thread - Page 32

whatnext · #**621** Posted **Jul 2, 2014, 3:13 PM**

The Fifth Avenue Theatre is seeking rezoning to expand it's lobby space. Nice to see Cineplex is committed to the complex:
http://www.straight.com/news/676356/cine...proval-expand-fifth-avenue-cinemas-lobby

Metro-One · #**622** Posted **Jul 10, 2014, 8:36 AM**

I was going to post this in the BC section thread, but no one ever has a conversation there sadly.

Well it did not take long.

All of my environmentalist friends on my facebook are sharing this article and are now stating their firm opposition to LNG projects in BC, ughhhhh.

Seriously, this is why I can not take the Northern Gateway opposition seriously anymore, because these people are not against any specific project, they are against every fucking thing industrial!

http://www.vancouverobserver.com/news/pr...llapse-bc-wild-salmon-run-sfu-scientists

And for fun, here is one of the comments posted on the article:

Quote:

Its building momentum, its growing stronger every day, by way of informing people about what the price of LNG will be to the citizens of the Skeena River and tributaries. There is no way on Gods green earth that the citizens after defeating the Northern Gateway Pipeline would allow yet another threat to our river.

If we were going to approve of its destruction we would not have stood in the way of the Northern Gateway Pipeline, but I can tell you this, people are not getting more receptive, they are getting more and more angry. We want these jackasses to get the hell away from our rivers. This includes fish farms, bitumen and that fracking gas!

We have had enough, beware to those who want to push us to far.

If the researchers proposed at least somewhat specific alternative sites for constructing such plants, then the article would have a lot more credit IMO, instead it just feels like yet another BC NO TO ANY INDUSTRY style piece.

spm2013 · #**623** Posted **Jul 10, 2014, 3:38 PM**

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GlassCity · #**624** Posted **Jul 10, 2014, 5:52 PM**

The people who protest these things just don't think. You can't have no industry and have a healthy economy. Most I've talked to say they really don't care about the economy. I'd like to see them go live in a poor city for a year and then tell me the economy doesn't matter, or even that it matters less than the environment. I had to listen to these people all last year in university and I'm not looking forward to coming back in September.

Metro-One · #**625** Posted **Jul 10, 2014, 8:17 PM**

Oh trust me, I was up at SFU for years and by the end that mindset was really starting to drive me crazy (unfortunately that is the mindset of many of the Geography professors). Sadly one of the wisest Geography professors (Owen) passed away a coupe years ago. He was for protecting the environment, but he also understood the need for industrial economic expansion and even supported such things as the new Port Mann and other road projects. At the same time other professors would lecture how evil O7G / road projects are as if they were simply black and white issues...

Yes, I would love for many of these people to feel what a completely recessed economy does for the social realm of an area. Hello crime, poverty, disease, etc... The funny thing is then the environment really gets damaged because there is no tax / revenue to fund protection programs for the environment!

GlassCity · #**626** Posted **Jul 10, 2014, 9:43 PM**

Quote:

Originally Posted by Metro-One

Oh trust me, I was up at SFU for years and by the end that mindset was really starting to drive me crazy (unfortunately that is the mindset of many of the Geography professors). Sadly one of the wisest Geography professors (Owen) passed away a coupe years ago. He was for protecting the environment, but he also understood the need for industrial economic expansion and even supported such things as the new Port Mann and other road projects. At the same time other professors would lecture how evil O7G / road projects are as if they were simply black and white issues...

Yes, I would love for many of these people to feel what a completely recessed economy does for the social realm of an area. Hello crime, poverty, disease, etc... The funny thing is then the environment really gets damaged because there is no tax / revenue to fund protection programs for the environment!

I took an environmental geography course last year to try and understand their side of it and become a little more aware of the issues, but I ended up just sitting there and biting my tongue all semester. Looks like my concerns were confirmed: I'm a very stubborn man

Genauso · #**627** Posted **Aug 13, 2014, 9:25 PM**

Tekmira, a biotech company based in Burnaby, has been in the news.

They have an experimental and promising treatment for Ebola. It's apparently 1 of 3 close to approval, and the WHO recently announced their support to use the drug ahead of the normal human trials in a critical situation like the Ebola outbreak in Liberia.

UPDATE 1-Tekmira shares skyrocket as Ebola outbreak intensifies in Africa

By Sayantani Ghosh and Ashutosh Pandey
Fri Aug 1, 2014 2:36pm EDT

Ebola Virus: Experimental Drugs Approved for Use in Fighting Outbreak in West Africa
World Health Organization Gives Green Light, Given Size of Deadly Outbreak

By
Betsy McKay and
Peter Loftus
Updated Aug. 13, 2014 5:31 a.m. ET

Yesterday the Harper Government of Canada suggested they might donate 800 to 1,000 dosages of Tekmira's Ebola treatment to the WHO for use in West Africa.

officedweller · #**628** Posted **Sep 12, 2014, 6:57 PM**

November 2012 - Rooftop (garage-top) greenhouse opens to great fanfare - $2 million investment.
http://www.vancouversun.com/Vancouver+ro...ket+greens+with+video/7572632/story.html

January 2014 - Rooftop greenhouse company declares bankruptcy - $4 million in liabilities owning.
http://www.vancouversun.com/business/Fai...es+million+trail+debt/9436678/story.html

September 2014 - Rooftop greenhouse company's assets sold for $1.4 million to company which has [other] medical marijuana grow operations (in the U.S.).
http://vancouver.24hrs.ca/2014/09/11/vancouver-rooftop-greenhouse-back-in-business

spm2013 · #**629** Posted **Sep 25, 2014, 5:23 PM**

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Alpine · #**630** Posted **Sep 25, 2014, 10:04 PM**

Hootsuite gets $60mm in VC funding, with $250mm in total and a valuation of $1bb

Quote:

Hootsuite, the Vancouver-based startup known for its social media management dashboards, has raised $60 million in new venture funding, CEO Ryan Holmes told Re/code.

The new funding values the six-year-old company in the ballpark of about $1 billion, according to a source familiar with the matter. Holmes wouldn’t comment on the company’s valuation, but did say it has more than doubled since landing a massive $165 million Series B last August.

The latest funding was led by a new Boston-based investor that Hootsuite hasn’t revealed, as well as existing investors Insight Venture Partners, Accel Partners and OMERS Ventures. The company has raised a total of $250 million.

Hootsuite recently hit 10 million users — it was at 7 million last August — and has 600 employees, twice the size from a year ago. Hootsuite already has offices in London and Singapore, and the new funding should help it continue to expand internationally. The company plans to open a Latin America office before the year is out, and wants to continue its growth in Asia, Holmes said in an interview.

http://recode.net/2014/09/25/85062/

Alpine · #**631** Posted **Oct 8, 2014, 7:43 PM**

Another "Vancouver is an H-1B outpost" article
http://www.bcbusiness.ca/tech-science/vancouvers-temporary-tech-boom

LeftCoaster · #**632** Posted **Oct 31, 2014, 10:26 PM**

Was going through some municipal economic growth data supplied to us by a consultant and noticed a very interesting trend. Despite fairly modest provincial growth in BC, Vancouver has lead the country in job growth this year, posting more new jobs than Calgary and Edmonton combined. This has been hidden by the loss in jobs from the rest of the province in Victoria, the interior etc… Anyway a lot of data gets posted here about provincial economies but not much about civic, so I decided to put toether a little table with the major cities of Canada all represented. The following data is job growth LTM (Last twelve months).

Economic Growth, on Flickr

Quite surprised by the growth in Vancouver and the major drop in Toronto.

Unsurprising was the strong results from Alberta and Quebec city, and similarly unsurprisingly weak results from Montreal.

s211 · #**633** Posted **Oct 31, 2014, 10:37 PM**

Quote:

Originally Posted by LeftCoaster

Was going through some municipal economic growth data supplied to us by a consultant and noticed a very interesting trend. Despite fairly modest provincial growth in BC, Vancouver has lead the country in job growth this year, posting more new jobs than Calgary and Edmonton combined. This has been hidden by the loss in jobs from the rest of the province in Victoria, the interior etc… Anyway a lot of data gets posted here about provincial economies but not much about civic, so I decided to put toether a little table with the major cities of Canada all represented. The following data is job growth LTM (Last twelve months).

Economic Growth, on Flickr

Quite surprised by the growth in Vancouver and the major drop in Toronto.

Unsurprising was the strong results from Alberta and Quebec city, and similarly unsurprisingly weak results from Montreal.

What's the consultant's source?

spm2013 · #**634** Posted **Oct 31, 2014, 11:17 PM**

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Locked In · #**635** Posted **Nov 1, 2014, 5:28 PM**

Thanks for posting this LeftCoaster - it's nice to see some numbers that contradict the usual doom and gloom about jobs in Vancouver (though how much these jobs presumably pay relative to other cities is still a concern).

theKB · #**636** Posted **Nov 1, 2014, 8:19 PM**

Quote:

Originally Posted by Locked In

Thanks for posting this LeftCoaster - it's nice to see some numbers that contradict the usual doom and gloom about jobs in Vancouver (though how much these jobs presumably pay relative to other cities is still a concern).

would be interesting to see what the average salary is... as well what sectors are experiencing this growth.

spm2013 · #**637** Posted **Nov 7, 2014, 4:25 PM**

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spm2013 · #**638** Posted **Nov 7, 2014, 4:33 PM**

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s211 · #**639** Posted **Nov 7, 2014, 6:16 PM**

Quote:

Originally Posted by Locked In

Thanks for posting this LeftCoaster - it's nice to see some numbers that contradict the usual doom and gloom about jobs in Vancouver (though how much these jobs presumably pay relative to other cities is still a concern).

Again, my question for Leftcoaster is what is this person's source?

According to this Septmember news story, 80% of new jobs in the past 12 months were created in Alberta:

http://globalnews.ca/news/1559263/40-of-all-new-jobs-in-canada-last-year-generated-in-edmonton/

Klazu · #**640** Posted **Nov 8, 2014, 1:13 AM**

I don't know if that Alibaba quote is supposed to be just a joke or what changed their mind about Vancouver? The story doesn't tell...