Business Council of British Columbia – So Far, So Good…But Proceed with Caution: An Update on B.C.’s Fiscal Picture

 October 17, 2018 /  Darryl Schmidt /  BC, Business, News /  No Comments

So Far, So Good…But Proceed with Caution: An Update on B.C.’s Fiscal Picture By Jock Finlayson and  Kristine St-Laurent Last month, B.C. Finance Minister Carole James wrapped up the NDP’s first full financial year and provided an update on the government’s books through the first quarter of 2018-2019. Here’s what you should know.  The Good News Despite a turbulent year that included B.C.’s worst ever wildfire season and growing global trade tensions, the B.C. economy posted decent growth and t …


Business Council of British Columbia – Breaking the cycle of poverty through education, partnership: How the federal government’s new poverty reduction strategy calls upon British Columbians to ac

 October 15, 2018 /  Darryl Schmidt /  BC, Business, News /  No Comments

Breaking the cycle of poverty through education, partnership: How the federal government’s new poverty reduction strategy calls upon British Columbians to ac Guest author Josh Pekarsky is currently a volunteer with Pathways to Education and works to increase awareness about the program in British Columbia.   Providing youth with quality education is critical to the federal poverty reduction strategy. Educational Indicators Canada’s educational indicators rank at or near the top of all Orga …


Business Council of British Columbia – Global Electric Renewables

 October 11, 2018 /  Darryl Schmidt /  BC, Business, News /  No Comments

Global Electric Renewables By Denise Mullen The data is clear:  transitioning to a less carbon-intensive global energy system is necessary if the world is to have any prospect of addressing climate change. The process is underway, and although renewables still make up a relatively small percentage of total global energy production and consumption,[1] their contribution is growing — and doing so at a brisk pace, as shown in Figure 1. Figure 1:  Total EJ (10^18) and Percent of Renewable Ene …


Business Council of British Columbia – Hot Jobs: B.C.’s Labour Market Outlook to 2028

 October 9, 2018 /  Darryl Schmidt /  BC, Business, News /  No Comments

Hot Jobs: B.C.’s Labour Market Outlook to 2028 By Jock Finlayson For those interested in the hottest job trends, the provincial government’s new Labour Market Outlook is worth a look. Over the next decade, the government is forecasting a total of 903,000 job openings in B.C.  More than 600,000 will result from current workers transitioning into retirement.  Many of these positions can be filled by younger cohorts, but that won’t be enough to produce warm bodies for all of the anticipated vacanci …


Business Council of British Columbia – A ‘Boost’ Up the Income Ladder: The Role of Income-Based Tax Credits

 October 7, 2018 /  Darryl Schmidt /  BC, Business, News /  No Comments

A ‘Boost’ Up the Income Ladder: The Role of Income-Based Tax Credits By Kristine St-Laurent The Income Ladder   Addressing income inequality is an important challenge for policymakers and communities. Establishing a consumption floor below which no person falls is a policy goal in many jurisdictions.  Of course, even poor Canadians would be considered well-off compared to people in the developing world.  But relative poverty is still present in Canada.  In responding to this issue, there is a gr …


Technology and Innovation Shine in Kamloops at Tech Fest 2018!

 September 13, 2018 /  Darryl Schmidt /  Business, Kamloops, News /  No Comments

KAMLOOPS, BC., – Celebrating tech innovators, entrepreneurs, agitators, and supporters, Kamloops Innovation is hosting the first ever Tech Fest 2018 on Friday, September 14, 2018. Held at Kamloops Heritage Railway Tech Fest 2018 is a chance to catch up on the latest innovations from local and regional tech companies in a unique environment. Station Plaza’s outdoor courtyard will feature tech companies showing off their latest, along with live music, food trucks, cash bar – and a chance to ride t …


Business Council of British Columbia – Reflections on the Canadian House Price Boom

 September 5, 2018 /  Darryl Schmidt /  BC, Business, News /  No Comments

Reflections on the Canadian House Price Boom By Jock Finlayson My colleague David Williams recently blogged about the stupendous build-up of private sector debt in Canada, China and several other countries over the last decade.   The contemporaneous and closely linked Canadian housing boom also warrants attention, particularly as a long period of unusually-low borrowing costs comes to an end. As the Organization for Economic Cooperation and Development (OECD) noted in its latest report on Canada …


Business Council of British Columbia – Debt…Glorious Debt!

 August 27, 2018 /  Darryl Schmidt /  BC, Business, News /  No Comments

Debt…Glorious Debt!   By David Williams “Food, glorious food!” sing the ever-hungry workhouse boys in the opening lines of the Charles Dickens-inspired musical, “Oliver!” For the past decade or so, amid readily available credit and historically low interest rates[1], data from the Bank for International Settlements (BIS) suggests Canadians have been singing a similar refrain about debt, glorious debt…  What wouldn’t we give forThat extra bit moreThat’s all we live forWhy should we be fated to …


Business Council of British Columbia – Policy Directions to Foster Strong and Inclusive Economic Growth

 August 14, 2018 /  Darryl Schmidt /  BC, Business, News /  No Comments

Policy Directions to Foster Strong and Inclusive Economic Growth By Jock Finlayson Last year, Canada’s economic performance and prospects received a fresh look from researchers at the Organization for Economic Cooperation and Development (OECD), as part of a larger project on “inclusive growth.”  While general living standards have improved appreciably in the last two decades, the report documents shortfalls in a few areas. First, some good news.  Canada’s overall quality of life is high by OECD …


Business Council of British Columbia – Firms in B.C. and Central Canada Report Widespread Capacity Pressures

 August 2, 2018 /  Darryl Schmidt /  BC, Business, News /  No Comments

Firms in B.C. and Central Canada Report Widespread Capacity Pressures By David Williams The Bank of Canada’s Summer Business Outlook Survey provides some interesting regional insights into the extent of capacity pressures faced by companies across the country.[1]  Each quarter, a sample of firms is asked “How would you rate your firm’s current ability to meet an unanticipated increase in demand or sales?” In the summer survey, a record percentage (more than 70%) of firms in British Columbia, Ont …



You Are Viewing Page 1 of 201
Next