Canada’s federal government is responsible for many policies that matter for BC’s business community, including taxation, immigration, innovation programs and employment insurance. The Council provides regular recommendations to the federal government to ensure that the nation’s top decision makers consider BC’s unique economic priorities.
Finlayson Op-Ed: Canada continuing to lose ground in global competitiveness (Business in Vancouver)
In 2018, the penny dropped on Canada’s diminished attractiveness for new business investment.
The past year saw a chorus of voices across the business community urging governments to recognize Canada’s faltering competitiveness, amid near-record capital outflows, sagging domestic equity markets and punishing price discounts for the country’s No. 1 export product: Western Canadian oil.
SUBMISSION: Port modernization review
The Business Council's comments on the Government of Canada's Port Modernization Review
The sad tale of Canadian exports
The hard reality is that, apart from oil and bits and pieces of agri-food, Canada has been losing market share, both globally and within North America, across almost the entire spectrum of traded goods, including virtually all manufactured products as well as high technology, minerals/metals, and pulp and paper, among many others.
BCBC statement on Federal Fall Economic Statement 2018
Some positive steps…but more action is needed to bolster Canada’s faltering competitiveness
Statement from BCBC regarding Federal Court of Appeal ruling
The Business Council of British Columbia has released the following statement from President and Chief Executive Officer, Greg D’Avignon regarding this week’s ruling by the Federal Court of Appeal
Finlayson Op-Ed: Time for a reality check about Canada’s exports (Troy Media & Black Press)
Industrial transitions don’t happen overnight. Nor do politicians generally have a decisive role in that evolution.
An Update on Government Finances
With the national economy having reached potential, now is not a propitious time for governments to be running fiscal deficits. Yet, collectively, they are doing just that.
SUBMISSION: Bill C-69 Impact Assessment Act and related discussion papers
The Business Council has significant concerns with Bill C-69 and with some parts of the related discussion papers.
SUBMISSION: Bill C-68, An Act to amend the Fisheries Act
Business Council of British Columbia submission on the Government of Canada's proposed updates to the Fisheries Act.
Op-Ed: Trade deal good for B.C. and province's forestry industry (Vancouver Sun)
For over 250 years, British Columbia’s entrepreneurs, skilled workers and communities have contributed to a growing and successful forestry industry. B.C.’s renewable timberland resource has generated economic wealth and improved our collective prosperity for generations, while setting the global benchmark for sustainable forestry practices. Only one per cent of B.C. forest land is harvested annually, with three trees planted for each one that is harvested. Today, the sector is also playing a significant role in reconciliation with Indigenous communities.
We often associate forestry with B.C.’s rural communities, supporting jobs, local businesses, and community facilities. That is entirely true, but it is also one of B.C.’s largest urban employers. People in the Lower Mainland pursue forestry-related careers within an array of small and large businesses working in professional services, transportation, equipment manufacturing and technology among others. Rural and urban, B.C. forestry is a vital contributor to our prosperity.
Finlayson & Peacock Op-Ed: New age of activist governments driving up cost of doing business (Business in Vancouver)
Welcome to a new era of activist government.
In the last two years, both the federal and provincial governments have outlined more ambitious policy agendas. Each has ramped up spending on social services and income support programs, laying the foundations for a larger public sector. The drumbeat of regulatory change has become deafening as governments initiate multiple policy reviews and move to reshape environmental assessment and permitting rules, energy regulations and standards, the legal frameworks governing employment and labour relations, minimum wages, housing market policies, apprenticeships and much else besides.
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.
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.
BCBC Reaction to #Budget2018
Budget 2018 Supports Innovation and Gender Equity, But is Silent on Attracting Job-Enabling Investment
SUBMISSION: Clean Fuel Standard Regulatory Framework
Business Council comments on the proposed Clean Fuel Standard Regulatory Framework released by Environment and Climate Change Canada in December 2017.
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:
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.
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.
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.
Finlayson Op-Ed: Cloud of NAFTA uncertainty looms over B.C. horizon (Business in Vancouver)
The coming year promises to be an eventful one for the B.C. business community. While our economy continues to grow at a decent pace, business leaders need to brace themselves for the bumpy road that lies ahead.
Perhaps the biggest unknown concerns the North American Free Trade Agreement (NAFTA) – and what happens in Canada’s relationship with our principal ally and trading partner, now under the erratic stewardship of President Donald Trump.