BCBusiness Blogs

BCBusiness bloggers tackle politics, management, entrepreneurship, marketing, and new media. Whether addressing emerging trends or the future of business in BC, our blogs are trained on the subtle movements in Vancouver commerce and the wider business community. Peruse them at your leisure for our signature mix of analysis and commentary of BC business.
May 22, 2012 The Exchange: Mobile and Wireless

Deal closes after Google obtains approval from Chinese government to acquire wireless manufacturer.

There’s no rest for the weary, particularly for Google employees. While many Canadians enjoyed a long, leisurely weekend, Google execs were hard at work nailing down the company’s largest acquisition to date.
 
The Internet search giant closed a deal to acquire U.S. cellphone maker Motorola Mobility for $12.5 billion. The acquisition was finalized shortly after Google received conditional approval from the Chinese government, which stipulated the company must keep its Android mobile...
May 21, 2012 The Insider: Economy

The Canada Pension Plan fund is one of the world's best investors, showing sterling returns in the worst decade for investing we've seen in the past 200 years. But nobody outside the investing community seems to know about it.

If you’re worried about your government pension in the future, don’t be. The Canada Pension Plan is doing very well, thank you. And it will continue to do so for the next 60 years or so.

The plan’s fund hit a record high of $161.6 billion last year, a 6.6-per-cent increase over the previous year (which in turn showed an 11.9-per-cent increase over its...
May 18, 2012 The Exchange: Social Media

The social network’s shares seesawed around $40 a share on its first day of public trading on the Nasdaq.

After one of the most anticipated initial public offerings in recent history, Facebook is seeing its hot share prices stagnate and plateau on its first day as a publicly traded company.
 
The social network, represented on the Nasdaq under the symbol FB, opened trading at $42.50, raising up to $18.4 billion for company insiders and investors. Shares beat the expected IPO price of $38, quickly hitting $45 in early trading.
 
Friday’s public offering had...
May 17, 2012 The Insider: Homes and Real Estate

Skyrocketing real estate prices have reached their inevitable conclusion, apparently stopping the real estate frenzy of recent years. This year so far, house prices have fallen by some 20 per cent in the Vancouver region. It's about time.

All those taking part in Vancouver’s favourite investing game – real estate – may want to consider another pursuit. Meanwhile, those who were shut out of the market because of absurd prices may be getting some relief, albeit still minor.

It seems the local real estate market is on the skids – not exactly crashing, but certainly slowing...
May 17, 2012 The Exchange: Shopping

A new report indicates the proliferation of Canadians heading south for shopping sprees is hurting the economy more than previously believed.

While many Vancouverites may head across the border this long weekend on the hunt for  some deals, those shopping sprees in the States are draining the Canadian economy.
 
A new report from the Bank of Montreal shows cross-border shopping is on the increase and will only intensify over the summer as the feds boost the previously restrictive duty-free limits.
 
For stays in the States over 24 hours, the limit is boosted from $50 to...
May 16, 2012 The Exchange: Energy and Resources

The Anglo-Dutch energy firm and three Asian partners plan to build B.C's largest liquefied natural gas facility.

Following Monday’s news that B.C. Premier Christy Clark may revise mandated greenhouse gas goals, Shell announced it will build a massive liquefied natural gas export terminal in Kitimat.
 
Shell, along with three Asian energy firms, plan to invest approximately $12 billion in the facility, making it the largest of four planned plants along B.C.’s...

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Brian Wong, CEO of Kiip Inc.,
on being a 21-year-old CEO
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