Business Examiner Vancouver Island - October 2016

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OCTOBER 2016

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DUNCAN Made To Last Building and Renovation has a team dedicated to quality

Vancouver Island WWW.BUSINESSEXAMINER.CA

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PARKSVILLE/ QUALICUM Tony MacAulay takes over the reins of McLane & MacAulay Notary Corp

Marriott, Other Hotel Chains Exploring Howard Johnson Site In Nanaimo New Downtown Hotel And Entertainment/Sports Complex Could Entice Whl To The Central Island BY MARK MACDONALD BUSINESS EXAMINER VANCOUVER ISLAND

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INDEX News Update Nanaimo Cowichan Valley Comox Valley Sales Port Alberni Campbell River Who is Suing Whom Movers and Shakers Opinion Law

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ANAIMO – A new hotel in downtown Nanaimo is becoming a very real possibility. It’s looking more likely that it won’t be in the site that most have been expecting: next to the Vancouver Island Conference Centre. Dan Brady of the Howard Johnson Hotel says his investment team is in serious discussions with a number of major companies about having their flag flown at their waterfront site next to the Millstone River, a stone’s throw from Maffeo Sutton Park. “In regards to the hotel component on our property. we are having franchise discussions with Marriott, Hyatt, Clarion, Wyndham and Hilton,” Brady says.

SEE MULTIPLEX | PAGE 29

Dan Brady pours over plans and ideas for redevelopment of the Howard Johnson site, which includes a hotel and entertainment and sports complex.

Accounting firm to merge with National company Grant Thornton creates seamless merge with Hayes Stewart Little & Co. BETH HENDRY-YIM

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Most major hotel chains don’t actually build hotel properties themselves, he adds. “They simply provide franchise opportunities. I think that there is some confusion in regards to this.” A major component to the Howard Johnson team’s $100-million plans to redevelop the property is a 5,500 seat entertainment and sports complex, which has already piqued the interest of the Western Hockey League, which would love to move a franchise to Nanaimo to complement their lone Vancouver Island club, the Victoria Royals. “Having a major hotel f lag flown over the new property, a n d a n e n te r t a i n m e n t a n d sports complex would be fantastic,” Brady said. “It’s those types of brands that represent a

ayes, Stewart, Little & Co., with offices in Victoria, Duncan and Nanaimo is merging with Grant Thornton LLP, a national accounting firm. “In the past few years, the firm has more than doubled in size with a growing need for expertise

in areas like cross border issues,” said Dan Little, FCPA, FCA and managing partner at Hayes, Stewart, Little & Co. “The merger provides a greater depth of service, access to more resources and more opportunities for clients and staff.” Hayes & Co. cu rrently has 14 partners in their Victoria

office, 27 in Duncan and 10 in the Nanaimo location. Formed in 1974, over the years it has earned a reputation for its work with private, not for profit, local government and specialty work. It also has a strong practice in chartered business evaluations, insolvency, and specialized tax issues.

Norm Raynard, CPA, CA, CBV, regional managing partner for Grant Thornton, said that the depth of skills, knowledge and experience Hayes & Co. brings will complement Grant Thornton’s current service offerings a nd provide better service for SEE GRANT THORNTON LLP | PAGE 15


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