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Archive: 2017

What To Expect When You're Expecting [Disruption]: The Digital Economy and British Columbia

You are in the midst of the Fourth Industrial Revolution. So, what is it — and in what ways may it transform life as we know it?

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BC Economy Still Strong...But Downshifts in 2018

The British Columbia economy remains on a healthy growth track, supported by rising exports, substantial increases in consumer spending, and high levels of activity in the housing sector.

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The Relativism of Environmental Indicators

In the case of environmental indicators and performance measures, factors such as geography, population, and economic structure matter a lot. These are mostly ignored and assumed to be the same across all advanced economy jurisdictions in published analyses concerning environmental progress of Canada and its provinces/territoriesn, making comparisons of true performance difficult.

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From Good to Great: The Benefits of Scaling Up BC Business

To build a more prosperous and innovative economy, new businesses have to be created and some existing firms must grow.

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Human Capital Policy and Practice in British Columbia:
Growing the Province's Economy & Potential Through Talent

This report, prepared for the Business Council by Kerry Jothen, CEO of Human Capital Strategies, considers BC’s future – what its economic vision should be and what kind of human capital will be needed in the next two decades. It considers how public policy and other factors can support success and prosperity in this arena. This includes a high-level review of current relevant policies and programs – what needs to be changed, enhanced and expanded, and what new actions need to be considered.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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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.

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BC2035

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.

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