Ties That Bind: Economic Ties Between BC and Alberta
BC and Alberta have especially strong economic connections and exhibit a high degree of economic interdependence.
BC Budget Update Signals Modest Tax Changes and Additional Spending Measures
After more than 16 years in opposition, the NDP government introduced its first budget earlier this week. More accurately, Finance Minister Carole James unveiled a Budget Update, with the more comprehensive budget and fleshed out fiscal plan to come next February.
Governments Focus on Employment and Labour Law Changes
There has been a renewed interest, on the part of the federal and some provincial governments, in employment standards and labour law reform. In part, this reflects greater public concern over inequality, the growth of "precarious" employment, and the impact of technological innovation on the job market.
Species At Risk
The new NDP government is considering options for management of species at risk in BC, and has signalled an intention to introduce stand-alone species at risk legislation. The Business Council supports the idea in-principle, but we urge the government to take time to explore the best options for ensuring effective management of species while also maintaining the province’s competitiveness and a vibrant natural resource sector.
BC Economic Momentum Carries On
The BC economy remains healthy, with nearly all sectors contributing to the ongoing expansion. The momentum from last year is carrying forward more so than previously anticipated, prompting us to adjust our 2017 forecast upwards.
Preparing Canada's Workforce for the Next 150: Part One - Government Driven Solutions
In light of Canada’s 150th anniversary celebrations this year, there will be many conversations about innovative, exciting ideas to advance national and regional prosperity. During these discussions, it is important not to lose sight of the less exciting—but vital—work of tending to our policy frameworks so that British Columbians are well prepared to succeed amid shifting economic, technological and labour market realities.
A Closer Look at BC's Exports
As a small market jurisdiction, exports of both goods and services are the foundation of the BC economy. Selling goods and services to other markets provides income from external sources, which in turn enables BC households and businesses to purchase and pay for a vast array of imports. Growing BC export-capable industries is critical to raising real incomes and boosting prosperity in the long term.
Understanding the Implications of the Contaminated Sites Regulation Updates
In November 2017, the BC Ministry of Environment is set to update the Contaminated Sites Regulation. This is the most significant change to the CSR since its inception in April 1997.
Summary of 2017 BC Political Party Platforms
A summary and comparison of the 2017 platform proposals of the BC Liberal Party, the BC New Democratic Party and the BC Green Party in advance of the upcoming election.
Immigration in BC: A Complex Tapestry
Immigration remains a key element in building a skilled workforce in BC and will play an even more significant role in the coming decade as the ranks of retiring baby boomers swell.
2017 Federal Budget: Lots of Words, Few New Measures
A principal theme of this Budget is the need to improve Canada’s lagging performance on private sector innovation, with the federal government directing funds to stimulate growth in six key innovation-based industry sectors and pledging to develop a handful of “super clusters” across Canada.
BC Economy Still Healthy...But Growth Will Downshift in 2017
Following three years in which BC topped the provincial growth charts, in 2017 our economy will lose a bit of momentum.
The Expanding Role of Renewables in the Global Electricity Market
This edition of the Environment & Energy Bulletin examines the current global and national state of renewables in electricity markets and highlights BC's advantage, and opportunities, stemming from our 98% renewable electricity grid.
BC Budget 2017 Analysis
Budget 2017 is a good news budget. While it falls shy of being a “something-for-everyone” document, it does announce some useful tax/premium reductions along with increased spending in a number of high priority areas. It also extends the province’s track record of sound fiscal management. Apart from the risk stemming from the high debt load of certain Crown corporations, Tuesday’s budget reinforces BC’s top notch credit rating.
BC2035 is about creating a shared vision of BC’s future and laying down a pathway to realize that vision. It is about initiating conversations, fostering greater collaboration and getting politicians, policy makers, First Nations leaders, and business leaders to think about, prepare for and act on the future.
Assessing The New US Administration's Impact on BC's Natural Resource Industries
What the US Administration does on trade, energy and environmental policy matters to BC’s natural resource sectors, and to the overall health of our economy.
Better, But Still Rising Steadily: An Update on Municipal Spending in Metro Vancouver
In real per capita terms, municipal government expenditures in Metro Vancouver grew by 6.9% over the past five years. This is a notable reduction from the 20% jump recorded between 2005 and 2010.
Tapping a "Motherload" of Opportunity: How BC Can Gain From More Accessible Childcare
Women, particularly in the child-rearing years, are less active than their male peers in the workforce. The correlation between child-rearing and labour force participation is not coincidental.
The Risks of Needing and Wanting 'Stuff'
People are afraid of the unknown but today’s risks are no more severe than those in the past.
Diverse and Growing: BC's Agriculture Industry on the Rise
BC's agri-food industry has enjoyed strong growth in recent years.