B.C. Business Matters:
Vancouver’s Plan Will Hurt Residents and Local Businesses
Affordability is a key challenge for people residing in the City of Vancouver (COV). Yet, earlier this week, the COV’s Green Buildings Policy for Rezoning came into effect. Once implemented, it is sure to exacerbate this problem, not just for citizens of COV but for the province as a whole as well as for the surrounding municipalities of Metro Vancouver. The policy effectively bans the use of natural gas in new buildings. It also sets the stage for Vancouver to squeeze out natural gas as an energy source for existing buildings and facilities over time.
BC Election Series: Housing Affordability, Supply and Related Tax Policy Issues
Real estate, home prices, rental units and affordability figure prominently in all three party platforms. Each party has developed a substantial narrative around housing/housing affordability, with each platform proposing several housing-related policy measures or new/revised programs.
BC Election Series: MSP Premium Commitments and the potential for 55% Personal Income Tax Rates
All three parties contesting the May 9 election have made significant promises in respect of Medical Services Plan (MSP) premiums.
BC Election Series: Fiscal Planning and the Economic Cycle
Today, we comment on the overall fiscal context and constraints facing the government that will take office following the election, drawing on the 2017 BC budget and our assessment of the economic cycle.
The Investment Conundrum
Business non-residential capital spending has been on a declining trend for three years. The slump is particularly evident in the energy sector, but the weakness has spread well beyond the oil and gas industry.
BC Exports in 2016: Five Points of Interest
BC is a small, open, trade dependent economy. As such, exports play a big role in underpinning prosperity and stimulating growth. When exports rise, BC’s economy generally strengthens. Given the dominant role that natural resources have in BC’s overall export profile, exports are also the backbone of many smaller communities around the province.
Canada's Greenhouse Gas Emissions Projections (2016)
An update on Canada's greenhouse gas emissions has just been released. How do we fare?
BC Jobs Part II: A Visual Summary of BC's 2016 Regional Job Performance
In this second part of this series, we take a deeper dive into the labour market and shed some light on the regional dimensions.
We're Better Off When We're All Better Off
In honour of International Women’s Day, we’d like to highlight a few points that showcase women’s progress and the need to continue with policies that aim to grow talent.
BC Jobs Part I: A Visual Summary of BC's 2016 Job Performance Within Canada
In this first of a two part series of blogs on BC Jobs, we provide an overview of employment growth in 2016 within a comparative national framework.
Global Energy Profile in 2040
Surprise! Not. The 2016 IEA World Energy Outlook shows continued growth in global energy demand, although slowing over time largely because of improved energy efficiency and energy intensity in many countries.
A Tale of Two Economies: Leveraging Regional Immigration Strategies to Enhance Growth
The vast majority of new immigrants in BC choose to live in the already capacity-stretched Lower Mainland area. Most other B.C. towns and almost all rural areas attract comparatively few newcomers.
Five Important Stories Affecting the BC Business Community in 2016
A list of five important stories affecting the BC Business Community in 2016 from the Real Estate boom to the opening of the Microsoft Vancouver development centre.
Tapping into a "Motherload" of Opportunity
Women, particularly in the child-rearing years of 20-49 years, are less active than their male peers in the workforce. This particular group of sub-optimally engaged women exemplify “missed opportunity."
To Pipeline or Not to Pipeline
As a major player in the global energy sector with a large and diverse endowment of natural resources, Canada must find ways to get our energy and other products to market. This is a task we are failing to do.
The Trump Presidency: Three Possible Silver Linings for Canada
For British Columbia and Canada generally, there are economic downsides and upsides from the new political order that’s about to take shape in Washington, D.C.
5 Points of Interest about BC’s Labour Market
The BC job market is very healthy and employment is growing at a robust pace. Statistics Canada’s Labour Force Survey shows that between September and October of this year BC gained another ~15,000 jobs, further underscoring the fact that BC stands out in the federation on most key labour market metrics.
Mapping Metro Vancouver's Corporate Economy, Part Two: Private Companies
In the first part of our blog series, “Mapping Metro Vancouver’s Corporate Economy,” we examined the biggest publicly-traded companies. This blog considers another facet of the corporate sphere: private companies.
Mapping Metro Vancouver’s Corporate Economy
Ranking BC-based businesses by annual revenues is one way to develop a better understanding of the nature and make-up of the province’s business community. In this blog, we probe the “corporate economy” of Metro Vancouver by looking at the top 100 public companies in BC, 94 of which happen to be headquartered in Metro Vancouver.