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.
2012 Federal Budget: Fiscal Restraint with New Policy Directions
Reflecting the precarious nature of the economic recovery, Finance Minister Jim Flaherty delivered a budget with few new tax measures, a moderate amount of spending restraint, and a plan to return to fiscal balance over the medium term. From our perspective it is a prudent budget that trims spending sufficiently to balance the books by mid-decade, while not tapping on the fiscal brakes too hard. While the federal workforce will be reduced, overall the level of restraint is such that critics will be hard pressed to claim that it will undermine the economic recovery.
Presentation: KPMG 2012 Budget Breakfast
Presentation on the current economic landcape and key budget themes presented at the KPMG 2012 Federal Budget Breakfastby Jock Finlayson, Executive Vice President and Chief Policy Officer, Business Council of British Columbia
EI Rate Consultation - Are Employers Paying True Insurance Premiums?
Human Capital Law and Policy v1 n3
On August 18, 2011 the Canada Employment Insurance Financing Board (CEIFB) put out a call for consultation as to how the EI rate-setting mechanism could be improved, with submissions due by November 30, 2011. The technical aspects of EI rate-setting may not be top-of-mind for most BC businesses. However, there are aspects of the Employment Insurance program, including rate-setting, that raise significant cost issues for business that should not be ignored.
Immigration Consultation - Employers Need to Respond
Human Capital Law and Policy v1 n2
On August 29, 2011, the Federal Government, under Citizenship, Immigration and Multiculturalism Minister Jason Kenney, launched an online public consultation process seeking stakeholder input related to Canada’s immigration program. The consultation process provides an interesting starting point for a discussion of the policy considerations that underlie immigration to Canada and the nature of our current system. It also provides an impetus for employers and business leaders to take an active role in shaping not only immigration policy, but the successful implementation of the policy.
Temporary Foreign Workers in British Columbia
Policy Perspectives v18 n3
Canada has a long tradition of attracting immigrants to become permanent residents. Immigration built the country and is the foundation for much of the growth in the post WWII era. The context for international migration, however, is changing and being reshaped. The globalization of labour markets, instant access to information from around the world, greater connectivity and reduced transportation costs, and the expansion of trade have all made international migration a possibility for a larger share of the world’s population than in the past. The result is a significant increase in the volume and types of movement between many jurisdictions. While permanent population movements still dominate migration patterns to advanced countries, there are now greater numbers of temporary movements for work and education-related reasons. While Canadian international migration policy remains focused on permanent settlement, the shifting global landscape, an aging domestic workforce, a large number of major projects in the pipeline, the growing need for highly specialized skills, and regional labour disparities all point to a greater role for temporary workers in B.C. in many sectors.
Lessons Learned from the Prosperity Mine Decision:
Enhancing Project Certainty Through a Social Licence Strategy
Environment and Energy Bulletin v3 n1
Since the Federal Cabinet’s decision in November, 2010 to prohibit the proposed Prosperity Mine project from proceeding, questions have arisen about how this outcome came to pass, especially in circumstances where the project was previously approved through the British Columbia environmental assessment process and received strong words of support from the BC Government. One only has to consider the voluminous media coverage of this dilemma to understand the answer and to gain an appreciation of what now appears to be the most critical ingredient for success in any major resource project proposal. The critical ingredient? - “social licence” to develop and operate the project.