The Vancouver Business Thread

[quobobo]

My company made an offer to an Australian developer who ended up taking an offer from Microsoft instead, but he made it pretty clear that he's staying in Vancouver permanently whether they want to move him or not.

Also, you'd be amazed by how difficult it is to find good developers here. Most of the people we interview are terrible, so we appreciate Microsoft bringing more developers to the Vancouver market.

[zahav]

Hey everyone, I wasn't sure what thread to post this in, but it is certainly somewhat related to business in this city/province.

Statistics Canada release their quarterly population figures, and BC's growth was phenomenal. Here's a high levell snapshot from the release:

The population of British Columbia was estimated at 4,657,900 on October 1, 2014, an increase of 26,600 (+0.6%) since July 1, 2014 and the largest quarterly growth since the third quarter of 1995. The population growth was mainly attributable to net international migration (+18,800) which was the highest for any quarter since 1971. Net interprovincial migration (+4,200) and natural increase (+3,700) also contributed to the province’s population growth.

This is big news, the highest growth in the province in 20 years! Not only that, but the highest international migration since records began, and very high interprovincial migration (usually only Alberta leads Canada in this area, but for the 3rd quarter BC did amazing and actually had a net GAIN with Alberta, meaning we attracted more people from there than we lost!). Overall our growth rate was 0.58, and Alberta's was 0.59, while Canada overall was 0.38. This means we were almost the fastest growing province in the country again, not since the mid-90s was this the case.

Let me know if there's another thread more applicable, but i thought this was worth mentioning! Full report here:
http://www.statcan.gc.ca/pub/91-002-x/91-002-x2014003-eng.pdf

[Vin]

Originally Posted by zahav

Hey everyone, I wasn't sure what thread to post this in, but it is certainly somewhat related to business in this city/province.

Statistics Canada release their quarterly population figures, and BC's growth was phenomenal. Here's a high levell snapshot from the release:

The population of British Columbia was estimated at 4,657,900 on October 1, 2014, an increase of 26,600 (+0.6%) since July 1, 2014 and the largest quarterly growth since the third quarter of 1995. The population growth was mainly attributable to net international migration (+18,800) which was the highest for any quarter since 1971. Net interprovincial migration (+4,200) and natural increase (+3,700) also contributed to the province’s population growth.

This is big news, the highest growth in the province in 20 years! Not only that, but the highest international migration since records began, and very high interprovincial migration (usually only Alberta leads Canada in this area, but for the 3rd quarter BC did amazing and actually had a net GAIN with Alberta, meaning we attracted more people from there than we lost!). Overall our growth rate was 0.58, and Alberta's was 0.59, while Canada overall was 0.38. This means we were almost the fastest growing province in the country again, not since the mid-90s was this the case.

Let me know if there's another thread more applicable, but i thought this was worth mentioning! Full report here:
http://www.statcan.gc.ca/pub/91-002-x/91-002-x2014003-eng.pdf

So much for "the high cost of this place is driving people out" argument.

[osirisboy]

Why is there always a huge decrease in net pop growth between 3rd and 4th quarters. Look at last year. In went from .45 to .03 and year before that .39 to .01

Another odd thing is how the natural increase is all over the place. There seems to be more births and fewer deaths in 3rd quarters for some reason?

But the net interprovincial increase does look good

[Denscity]

Originally Posted by zahav

Hey everyone, I wasn't sure what thread to post this in, but it is certainly somewhat related to business in this city/province.

Statistics Canada release their quarterly population figures, and BC's growth was phenomenal. Here's a high levell snapshot from the release:

The population of British Columbia was estimated at 4,657,900 on October 1, 2014, an increase of 26,600 (+0.6%) since July 1, 2014 and the largest quarterly growth since the third quarter of 1995. The population growth was mainly attributable to net international migration (+18,800) which was the highest for any quarter since 1971. Net interprovincial migration (+4,200) and natural increase (+3,700) also contributed to the province’s population growth.

This is big news, the highest growth in the province in 20 years! Not only that, but the highest international migration since records began, and very high interprovincial migration (usually only Alberta leads Canada in this area, but for the 3rd quarter BC did amazing and actually had a net GAIN with Alberta, meaning we attracted more people from there than we lost!). Overall our growth rate was 0.58, and Alberta's was 0.59, while Canada overall was 0.38. This means we were almost the fastest growing province in the country again, not since the mid-90s was this the case.

Let me know if there's another thread more applicable, but i thought this was worth mentioning! Full report here:
http://www.statcan.gc.ca/pub/91-002-x/91-002-x2014003-eng.pdf

Hey Zahav there's a Stats Can thread in the Canada section to post this awesome news! Also I recommend starting a new BC population thread in the BC/Alberta section. Alberta already has one. Would be funny if you "accidentally" posted this news in their pop. thread. Ya no don't do that haha.

[BCBoy]

This is not good news

[osirisboy]

Not good news how?

[giallo]

^Yeah. How are healthy population growth numbers a bad thing?

[officedweller]

Billionaire owner of Vancouver’s Aspac Developments gets five years in jail

http://www.biv.com/article/2014/12/billionaire-owner-vancouvers-aspac-developments-ge/

[SFUVancouver]

Originally Posted by officedweller

Billionaire owner of Vancouver’s Aspac Developments gets five years in jail

http://www.biv.com/article/2014/12/billionaire-owner-vancouvers-aspac-developments-ge/

So a sweet head office job has opened up, is one way to interpret the article.

[Klazu]

Originally Posted by SFUVancouver

So a sweet head office job has opened up, is one way to interpret the article.

Is this the same Hong Kong billionaire that tried strangling a hooker at his Vancouver mansion? Not sure, as there are too many similar stories with these elites. I hope he really ends up doing his time in jail, but I doubt...

[officedweller]

No, I think that was David Ho.

http://en.wikipedia.org/wiki/David_Ho_(businessman)

[Infrequent Poster]

David ho, be strangling hoes?

[officedweller]

The Renaissance Hotel is changing names.

It will still be owned by New World Estates Ltd., but will change dba name from the "Renaissance Vancouver Harbourside Hotel" to the "Pinnacle Vancouver Harbourfront Hotel".

The operator will [still?] be Pinnacle International Hotels & Resorts Inc.

[red-paladin]

If only they would paint it from that beige colour.

[WarrenC12]

So still a Marriott branded property?

[officedweller]

No, I think that's what's being dropped - which is a bit weird, because the nearby Pinnacle Marriott is also managed by Pinnacle (but the North Vancouver Pinnacle Hotel is not branded Marriott, so maybe Pinnacle is pursuing its own brand rather than sticking with Marriott (and maybe the Pinnacle Marriott (formerly the Delta Pinnacle) will also be rebranded)).

[zahav]

Interesting article here on BC doing very well in manufacturing. And this was before the lower CAN$ and oil drop really took hold. Scroll to the bottom of the article to see a graph that shows Vancouver was by far the leader in manufacturing for all centres in the country! One excerpt:
Reflecting a general economic trend in Canada, there was an east-west divide in manufacturing labour markets in 2014. Strong gains in the West – especially in BC and Alberta – were not quite enough to cover losses in central and Atlantic Canada. In spite of December’s setback, BC was Canada’s leader in manufacturing job creation in 2014, posting a remarkable 6.1 per cent growth rate over 2013 levels

http://www.cme-mec.ca/?lid=JCKNC-E742G-1W6JA&comaction=show&cid=E3THF-KDGF5-HFBF3

[cornholio]

Originally Posted by officedweller

No, I think that's what's being dropped - which is a bit weird, because the nearby Pinnacle Marriott is also managed by Pinnacle (but the North Vancouver Pinnacle Hotel is not branded Marriott, so maybe Pinnacle is pursuing its own brand rather than sticking with Marriott (and maybe the Pinnacle Marriott (formerly the Delta Pinnacle) will also be rebranded)).

The Pinnacle accross the street is corporate. The Renaissance was corporate but was sold. It will now be a Marriott branded franchise (could be wrong on the Marriott branded part, would need to double check) and the name will change to Pinnacle harbourside. This sale was done this fall. There will be two new corporate Marriott hotels at the casino and one new one in Surrey. I assume they just wanted to unload this one and had a vetted and known buyer to work with.

[Vin]

Originally Posted by cornholio

The Pinnacle accross the street is corporate. The Renaissance was corporate but was sold. It will now be a Marriott branded franchise (could be wrong on the Marriott branded part, would need to double check) and the name will change to Pinnacle harbourside. This sale was done this fall. There will be two new corporate Marriott hotels at the casino and one new one in Surrey. I assume they just wanted to unload this one and had a vetted and known buyer to work with.

Not to mention there is also a Marriott Residence Inn at Hornby and Davie. Would be pretty confusing for taxi drivers in the future if you just mention "Please take me to the Marriott hotel". Would be nice to have at least the Ritz Carlton at the Casino.