CRANBROOK, British Columbia, May 12, 2025 (GLOBE NEWSWIRE) — According to BC Check-Up: Invest, an annual report by the Chartered Professional Accountants of British Columbia (CPABC) on investment trends across the province, the value of major projects in Kootenays was just over $5.0 billion in Q3 2024, down 2.4 per cent from one year earlier.
“Major project activity in the Kootenays was light in 2024,” said Mike Calder, CPA, CA, partner at MNP Canada. “Although five projects were completed, there aren’t any substantial resource projects underway that will boost our industrial capacity.”
As of the third quarter of 2024, a total of 16 projects were under construction, worth an estimated $2.4 billion. Approximately three-quarters of that value was dedicated to residential or resort and accommodation developments. Utilities projects …