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Globe and Mail: Running on empty: Foreign shipments of fuel to B.C. would ease pain of Alberta cuts to energy exports

[EXCERPT]

Jock Finlayson, economist for the Business Council of British Columbia, said in an e-mail on Tuesday that a spike in gasoline prices would slightly dampen consumer spending and raise operating costs for many businesses, but this would not trigger a sharp economic downturn on its own.

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“There’s always unintended consequences when you have a trade war,” Mr. D’Avignon said of the impact that could be felt in both B.C. and Alberta. “There’s the increased price of goods, everything from produce to clothing over the course of time.”

The GDP impact of higher prices is hard to exactly quantify, Mr. D’Avignon said, and the business council has not done the analysis yet. But Mr. D’Avignon said an array of negative factors could include a decline in the Canadian dollar as foreign investors sidestep Canada because of the political fights and perceived instability. “It just doesn’t make a lot of sense,” Mr. D’Avignon said of the escalating tensions between B.C. and Alberta.

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CTV News: Move to cut energy shipments expected to hit more than B.C. fuel prices

Economic damage will extend far beyond the fuel budgets of B.C. residents if Alberta passes and enacts a bill allowing it to restrict exports of oil, natural gas and refined fuels to the province as part of its ongoing pipeline dispute, observers say.

The Bill 12 legislation and the trade war escalation it might spark would damage Alberta and Canadian businesses and citizens as well as those in British Columbia, warned Greg D'Avignon, CEO of the Business Council of B.C.

“By punishing British Columbia because of the actions of the government of the day - while it might feel good and I completely understand it - it actually has consequences people aren't thinking about for the citizens of Alberta and our country as a whole,” he said Tuesday.

Also published by

Global News

National Observer

The Province

Castanet

and Toronto City News.

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Bloomberg: Oil Cutoff Threatened as Canadian Provinces Battle Over Pipeline

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A halt to energy shipments would have ripple effects across both provinces. Drivers could face gasoline shortages and soaring prices in B.C., while Canada’s second-busiest airport in Vancouver would face higher jet fuel costs. Alberta’s energy producers would also suffer, losing a key market for their crude and refined products.

“The economies of B.C. and Alberta are arguably the most interdependent of any two provinces in Canada," said Ken Peacock, the chief economist at the Business Council of British Columbia, in a report last year.

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CBC: UBC law professor questions Ottawa's jurisdiction on planned pipeline expansion

[EXCERPT]

Not everyone had congratulatory words for Horgan. The head of the B.C Business Council says Horgan's anti-pipeline stance has created "a crisis of confidence," saying investors are giving up on B.C. and heading to other jurisdictions.

Lawsuits before courts

"He [Horgan] has destabilized the ability in B.C. and in Canada for a small business or a large project to invest with any confidence," says Greg D'Avignon, the CEO of the B.C Business Council.

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Debate Report: Trudeau travels to Peru first before tackling issue at home

[Excerpt]

Groups like the B.C. Chamber of Commerce and the Business Council of British Columbia say business confidence is being shaken because of rising tensions on either side of the Rocky Mountains.

“We’re here today because the organizations and individuals in communities and businesses across this country believe we are at a point or crisis of confidence in Canada. A crisis that needs leadership and immediate attention to resolve,” said Greg D’Avignon, the president and CEO of the Business Council of British Columbia when those 70-plus business leaders met to talk about the dispute….without Trudeau, of course. “This is no longer about a pipeline, but a referendum to see if you can rely on government process, regulations and the rule of law with any degree of confidence if you choose to invest, create jobs and prosperity in British Columbia and our country.”

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The Star Vancouver: B.C. politics experts debate if pipeline feud really a ‘constitutional crisis’

[EXCERPT]

“It’s no longer about one project,” Business Council of British Columbia CEO Greg D’Avignon told StarMetro in a phone interview. “It’s about stability, our faith in democracy, the rule of law and confidence in our country.

“After a democratic decision has been made saying, ‘We don’t recognize that democratic decision’ is fundamentally at odds with how we operate as a country … It’s not how our country has worked for 150 years.”

D’Avignon was one of dozens of business leaders who issued a scathing letter Thursday demanding prime minister Justin Trudeau intervene when he meets with Horgan and Alberta premier Rachel Notley on Sunday for emergency talks.

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Business in Vancouver: Chambers to Trudeau: fix Canada’s confidence crisis

[EXCERPT] 

“This is no longer about a pipeline,” said Greg D’Avignon, president of the Business Council of British Columbia. “It’s about stability, our faith in democracy, the rule of law and confidence in our country.”

“It is a moment in time that the global and local investors in the business community are watching and this can have lasting consequences to our reputation and our country if not resolved.”

Also published by the Dawson Creek Mirror.

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CBC: B.C. business leaders announce campaign in support of Trans Mountain pipeline

Representatives of industry associations met in Vancouver on Thursday morning to announce plans for a campaign supporting the completion of the Trans Mountain pipeline expansion project.

The assembled business leaders said they believe that Canada's reputation as a safe place to invest is at risk if Kinder Morgan's plans for the pipeline aren't allowed to proceed.

"We're at a point of crisis of confidence in Canada, a crisis that needs leadership and immediate attention to resolve," Greg D'Avignon, president and CEO of the Business Council of British Columbia, told reporters.

The group have written a letter to Prime Minister Justin Trudeau, B.C. Premier John Horgan and Alberta Premier Rachel Notley, urging them to take action to make sure the pipeline expansion is completed.

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The Daily Hive: Business Council of BC pledges support for Trans Mountain pipeline expansion project

Saying the issue “is no longer about a pipeline project or whether one supports or opposes the legal movement of energy in Canada,” BC business representatives held a conference on Thursday to officially pledge their support of seeing the Trans Mountain Pipeline expansion project completed.

BC’s decision to “prolong a process that rendered a verdict two years ago and move the regulatory finish line by imposing new barriers that would undercut its potential, threatens the credibility of our country’s regulatory and project approvals systems and, by extension, the foundation of our federation,” said Greg D’Avignon, President and CEO of the Business Council of BC (BCBC).

“Provoked by the BC government’s continued position, this is a referendum on whether British Columbia is open to investment and whether a legal enterprise can, with any confidence, invest, build and operate a business within the province and the country,” he added. “The political rhetoric must stop now.”

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Globe and Mail: Trudeau, Notley and Horgan to hold Trans Mountain summit

[EXCERPT]

At a news conference in Vancouver, business leaders and other supporters of Kinder Morgan’s project said they are worried about “confidence in Canada” declining.

The group warned Mr. Trudeau in an open letter sent on Thursday that the Trans Mountain impasse “threatens to provoke a crisis of confidence in Canada’s regulatory processes with far-reaching implications which go well beyond this project.”

Greg D’Avignon, chief executive officer of the Business Council of British Columbia, signed the letter along with dozens of leaders from a wide range of industries and communities.

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Calgary Herald: Crisis, what crisis? Businesses fear fallout as pipeline clock ticks

[EXCERPT]

On the west coast, the same sentiment prevails within the business community, which wants to see a concerted federal push to get Trans Mountain finished.

“This is no longer about a pipeline project, it’s about whether or not you can invest with confidence in any business in B.C. or frankly in Canada,” said Greg D’Avignon, president of the Business Council of British Columbia. 

"This, in my m ind, is a real crisis of leadership for the country."

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Global News: ‘A crisis of confidence’: B.C. businesses want Trudeau to stand firm on Kinder Morgan pipeline

More than 70 business, industry and community groups have signed an open letter to Prime Minister Justin Trudeau asking for the uncertainty around the Trans Mountain pipeline to end.

Groups like the B.C. Chamber of Commerce and the Business Council of British Columbia say business confidence is being shaken because of rising tensions on either side of the Rocky Mountains.

“We’re here today because the organizations and individuals in communities and businesses across this country believe we are at a point or crisis of confidence in Canada. A crisis that needs leadership and immediate attention to resolve,” says Greg D’Avignon, the president and CEO of the Business Council of British Columbia.

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Globe and Mail: Business leaders target B.C. over suspension of 'non-essential' spending on Trans Mountain Pipeline

[EXCERPT]

"There is a real crisis in confidence in B.C. - and in Canada," warned Greg D'Avignon, president and CEO of the Business Council of B.C., in an interview Monday.

"This is a national issue. We can't rely on the regulatory process, the rule of law, with any degree of confidence. I think the federation is at risk and it's corrosive."

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Surrey Now Leader B.C. blasted for Trans Mountain pipeline tactics

The Business Council of B.C. is calling for Prime Minister Justin Trudeau to meet with B.C. Premier John Horgan to resolve the standoff over the Trans Mountain pipeline expansion project.

“This is no longer about a pipeline project or whether one supports or opposes the legal movement of energy in Canada, which all Canadians and our economy rely on,” said Greg D’Avignon, president of the business council.

“Provoked by the B.C. government’s continued position, this is a referendum on whether British Columbia is open to investment and whether a legal enterprise can, with any confidence, build and operate a business within the province and the country.”

Also featured in:

The Comox Valley Record

Columbia Valley Pioneer

Merritt Herald

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Times Colonist: Business groups, Opposition denounce B.C. obstruction amid pipeline delay

[EXCERPT]

Greg D'Avignon, president of the B.C. Business Council, says the provincial government's decision to prolong the process by imposing new barriers threatens the credibility of the country's regulatory and project approval systems.

Also featured in:

National Post

National Observer

The Province

Castanet

Vancouver Courier

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Victoria News: High housing costs can be a policy headache

[EXCERPT]

Ken Peacock, chief economist and vice-president of the Business Council of British Columbia, said speculators are just one part of the problem. He thinks the government tried to slow the rise of home prices, and maybe even level them off, but by using the tax to change public behaviour and raise revenue, the government has placed themselves in “a tricky situation.”

“B.C. is a desirable place to live. [There are] land constraints in the Lower Mainland, steady inflows of immigration, inter-provincial migration. Add that all up, and there’s a fair amount of demand … The fundamental is that there is excess demand over supply in the housing which will drive up prices over time.”

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The Province, Mike Smyth: The taxman cometh and you will pay more starting on April 1

EXCERPT: 

Employer Health Tax: This new payroll tax replaces unpopular Medical Services Plan premiums, which the government is phasing out. But if you think a tax on employers won't hurt employees, think again.

I'm already hearing from blindsided business owners who say thy have no choice but to pass the tax on to their customers in the form of higher prices. The tax cold also trigger layoffs and cancel pay raises, the B.C. Business Council warns.

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Edmonton Journal: Alberta Energy Minister not pleased after B.C. announces rebates, conditions for LNG Projects

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The Business Council of British Columbia said the framework will provide more regulatory certainty and important fiscal incentives for potential investors across industries. 

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Vancouver Sun: B.C. Premier John Horgan offers tax breaks to boost LNG industry

EXCERPT:

B.C. Business Council president Greg D’Avignon said the LNG tax changes could produce a valuable industry for the province.

“This will create new jobs in B.C., strengthen our economy and generate billions of new government revenues over time, while also contributing to the reduction of global carbon emissions,” he said.

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Globe and Mail: B.C. offers rebates, new conditions for LNG projects in province

EXCERPT:

The Business Council of British Columbia said the framework will provide more regulatory certainty and important fiscal incentives for potential investors across industries.

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