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Economy

As trusted economists and policy advisors to business and government leaders, the Council relies on sound, evidence-based analysis to inform its policy recommendations. Through diligent tracking of BC’s economic performance, we help identify the opportunities and challenges the province must navigate in order to reach its full potential.

 

Women and Work in BC Series: The Rise of the Older Working Woman

This is the sixth in a series of blogs highlighting the economic imperative of addressing gender equity issues across the full spectrum of market domains and organizational settings. The data are derived from a multi-year research project, which we will publish in April 2018.

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Women and Work in BC Series: Women's Entrepreneurship and Self-Employment

This is the fifth in a series of blogs highlighting the economic imperative of addressing gender equity issues across the full spectrum of market domains and organizational settings. The data are derived from a multi-year research project, which we will publish in April 2018.

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Women and Work in BC Series: The Link Between Education, Child Care, and Missed Opportunity

This is the fourth in a series of blogs highlighting the economic imperative of addressing gender equity issues across the full spectrum of market domains and organizational settings. The data are derived from a multi-year research project, which we will publish in April 2018.

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Release: #IWD2018 Women and Work in BC Blog Series

In honour of International Women’s Day, the Business Council of B.C. (BCBC) is releasing a series of blogs examining the place of British Columbian women in the workplace. The series offers a preview of a BCBC report on women and work in BC over the last four decades, to be released later this spring. 

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Five Little Noted Data Points…From the 2018 Federal Budget

Notes on the demographic crunch, slower growth in federal health transfers, Canada benefitting less from higher world oil prices, weak business investment and Indigenous communities continuing to face persistent socio-economic gaps.

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Federal Budget 2018: More Spending with Little to Address Competitiveness Challenges

In an environment of heightened uncertainty about NAFTA and steep tax cuts south of the border that have made the United States a more attractive place to invest capital, Finance Minister Bill Morneau’s 2018 Budget focuses on expanding social supports, addressing gender issues, improving life for Indigenous Peoples, and dialing up innovation.

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BCBC Reaction to #Budget2018

Budget 2018 Supports Innovation and Gender Equity, But is Silent on Attracting Job-Enabling Investment

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Finlayson & Peacock Op-Ed: Budget’s higher business costs dim B.C. investment prospects

The first full budget unveiled by the BC NDP government offers a mix of higher spending, tax hikes on business and significant commitments to expand child care and address concerns over housing affordability and real estate speculation.

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BC Budget 2018 - Higher Business Taxes Plus Additional Spending Measures

Many B.C. businesses will be scrambling to adjust to significantly higher payroll costs.

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BCBC Offers Mixed Reviews on Budget 2018

Today’s budget presented by Finance Minister Carole James introduces a new payroll tax, takes significant steps towards addressing housing affordability, and commits to a significant expansion of child care in the province. However, the Business Council believes there is more work to do to strengthen the foundations of B.C.’s prosperity.

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Three Observations on BC's Rising Minimum Wage

How is a higher minimum wage policy likely to play out in the context of BC’s economy and labour market?

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Income Inequality in Canada: Another Kick at the Can

Recent years have seen an outpouring of analysis, commentary and advocacy on economic inequality from academics, policy geeks and social activists. Some days it almost seems as if the issue has been studied to death. But then along comes a new piece of work that sheds fresh light on the topic.

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Buoyant Job Market in Metro Vancouver

Metro Vancouver's job market has been firing on all cylinders. In the last two years, the number of people employed in the area has jumped by more than 100,000.

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SUBMISSION: MSP Task Force

The Business Council's submission to the MSP Task Force which has been asked to advise on how to make up the forgone revenue from the elimination of Medical Services Plan premiums.

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Statement from BCBC on Increasing Risks to BC's Investment Climate

In response to the Provincial Government’s announcement that it intends to restrict the movement of diluted bitumen through the province, Greg D’Avignon, President and Chief Executive Officer of the Business Council of British Columbia, has released the following statement:

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BC's Expansion Set to Continue Through 2019

Amid an improving external backdrop, BC’s economic expansion remains on a healthy course with little on the horizon to suggest this will change over the next couple of years.

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Presentation: Competitive Landscape of BC's Natural Resource Sectors

Check out Jock Finlayson's presentation to the 2018 BC Natural Resources Forum on the economic contributions of resources to BC's economy - and the risks to the sectors' competitiveness.

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Finlayson & Peacock Op Ed: U.S. tax reforms set to remake competitive landscape for Canada (Business in Vancouver)

As finance ministers across Canada start putting the finishing touches on their 2018 budgets, they are sure to be casting a nervous glance to the south. In late December, the U.S. Congress approved – and President Donald Trump signed – a package of tax reforms and rate reductions that amounts to the biggest overhaul of America’s tax system in four decades. The changes are numerous and complex. For policy-makers and business leaders in Canada, the new reality of U.S. taxation heralds a significant shift in the competitive landscape.

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Three economic predictions for 2018

What does 2018 have in store on the economic front? We offer these three predictions.

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BCBC in 2017: Advancing Ideas and Actions....

In the final days of 2017, we’ve taken a moment to review the 119 publications, submissions to government, opinion editorials and blogs produced by the team at the Business Council of British Columbia. In addition to highlighting our major works, we’ve put together a compilation which revisits the most popular pieces and provides an overview of the range of issues that have garnered attention this year. 

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