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Three economic predictions for 2018

What does 2018 have in store on the economic front? We offer these three predictions.

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BCBC in 2017: Advancing Ideas and Actions....

In the final days of 2017, we’ve taken a moment to review the 119 publications, submissions to government, opinion editorials and blogs produced by the team at the Business Council of British Columbia. In addition to highlighting our major works, we’ve put together a compilation which revisits the most popular pieces and provides an overview of the range of issues that have garnered attention this year. 

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Corporate Sustainability: The New Normal

Though not a new concept, sustainability has recently become a mainstay in corporate governance, and the question has shifted from whether to seek sustainability to how to achieve, implement, and harness its potential.

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Home Is Where The Heart Is...If You Can Afford It

The latest census data release highlights significant shifts in some key housing indicators over the last decade and the implications these trends may have on the Canadian economy, such as the rise of renters versus home owners, the move to living in apartments versus single-detached homes, more young adults living with parents, and the growing share of households living in shelter that’s considered unaffordable.

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World Energy Outlook 2017

The top-line findings of the report…there is hopeful news on the ongoing transition to a lower carbon global energy system.

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Advanced Education in Canada: How We Compare

The 2017 edition of the OECD’s Education at a Glance: OECD Indicators was recently released, comparing the quality of educational outcomes across 35 OECD countries. The report suggests that while Canada performs well, there are still areas for improvement

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True or Not True: Canada is Falling Behind in Addressing GHG Emissions?

Measuring in absolutes does not do justice to the nuances of our country’s size, economic structure, and population density, all critical elements in understanding how we compare in energy production and use. Nor does it consider the consequences of starting with different base years when calibrating emissions or the age of the existing capital stock in the electricity sector and other parts of the economy.

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BC’s Aboriginal Population: Growing Opportunity

According to fresh census numbers, Canada’s First Nations, Métis and Inuit population continues to increase at a pace that significantly exceeds the overall population growth rate.

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Growing Grey: Five Key Takeaways from the 2016 Census of Population

The 2016 Census revealed three major population trends in Canada: we are having fewer babies, more and more baby boomers are transitioning into retirement, and everyone is living longer.

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Census Income Update (Pt 2)
A Snapshot of Median Incomes Across BC

While every metropolitan area in British Columbia experienced some growth in median household income over the last ten years, resource-rich communities saw bigger increases than other communities.

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Census Income Update (Pt 1)
National Median Income: Resource-Rich Industries Lead the Pack

The more resource-rich provinces saw significant increases in median household income over the 2005-15 period. Over the decade, a boom in energy and some other resource markets drew investment and bolstered incomes in the prairies, the North and to a lesser extent Newfoundland.

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Global Oil Demand Continues to Grow

Those predicting a rapid and sustained world-wide move away from fossil fuel energy will be disappointed at the latest oil market update from the International Energy Agency (IEA).

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Government 3.0: Driving a Big Data Ecosystem

Government is well positioned to act as a big data convener and to create new mechanisms and 21st century Crown Corporations to house, receive and manage timely access to combined or “stacked data”.

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Advice to the New BC Government: Tread Carefully on Business Taxes

As appealing as it may be to advocate higher taxes on companies and entrepreneurs, there are some risks in following this path.

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BC Retail Sales Surge in June…Capping off a Very Strong Q2

Recently released figures from Statistics Canada show BC consumers are out spending feverishly, helping fuel the solid pace of economic growth in the province.

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Progress Report on Greenhouse Gas Emissions Released

Recently, the Vancouver Sun reported on a July 5th report by the National Energy Board (NEB) comparing multi-year changes in Greenhouse Gas (GHG) emissions by province.

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Designing 21st Century Skills: Government-Driven Solutions

Recommendations for government as we collectively retool our human capital strategies for the future.

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Punching Above their Weight:
Aboriginal-Owned Businesses

Looking to increase innovation and productivity? Take a leaf from Aboriginal-owned firms, suggests a new study by the Canadian Council for Aboriginal Business (CCAB).

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A Snapshot of BC’s Fastest Growing Industries

We look at the 30 BC industries that have grown most rapidly over the past five years, based on average annual growth in economic output (real GDP) between 2011 and 2016.

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Three Hard Truths About Canada’s Trade

Canada is an “open” economy, meaning that we depend heavily on cross-border flows of trade, investment and knowledge to underpin our high standard of living. To pay our way in the world, Canada must sell commodities, manufactured goods and services to other markets. Identifying the industry sectors where we can strengthen and expand the country’s export capacity requires that we begin by examining what Canada sells to other countries today.

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