BCBC In The News
Jim Prentice: Expanding export markets a 'defining opportunity' for Canada (Vancouver Sun)
The time has come when Canada must diversify beyond its traditional U.S. energy export markets and seek new ones, specifically those in the Asia Pacific. British Columbia is the gateway to those new and expanding markets and the alignment between Asian demand and Canadian supply makes 2012 B.C.’s moment.
Vancouver Sun: Natural gas: Managing our bounty
A projected trillion-dollar economy emerging around British Columbia’s natural gas sector is too important to be left to chance, according to a wide array of observers who say it’s time for an in-depth conversation on the province’s emerging role in the global energy economy.
Globe and Mail: BC Liberals declare natural gas a clean energy source
The B.C. Liberal government is deeming natural gas a “clean” source of energy to clear the way for the development of a liquefied natural gas extraction project in northern British Columbia, reversing a key environmental policy of the Gordon Campbell era.
Vancouver Sun: Large Chinese bank debuts in Canada
One of China's largest banks, the Agricultural Bank of China, is opening its first Canadian office in Vancouver as part of a drive to increase China-North America trade.
Globe and Mail: Universities and colleges wait to see where axe will fall in BC
This summer, the woman whose audits exposed high spending at BC Ferries, BC Hydro and the Vancouver School Board is turning her sights on British Columbia's post-secondary institutions.
Vancouver Sun: Stakeholders wary of slippery slope that comes with changes to Fisheries Act
A seasonal stream flowed through Larri Woodrow's one hectare hobby farm in the north Langley neighbourhood of Walnut Grove. Although the property, purchased in 1970, was outside the agricultural land reserve, Woodrow personally favoured the area remaining rural. But that's not what happened.
North Shore News: West Van business tax rates criticized
A West Vancouver commercial property owner says businesses in West Vancouver are paying more than their fair share of the district's tax burden. William Evans, owner of a multi-unit building in the 1800 block of Marine Drive, has written a letter to council, pointing out that his property tax notice this year came to about $38,231 on a building assessed at just under $3 million. Evans compared his tax bill to six randomly selected residential properties that are similarly valued.
The Province: Homeowners pay for councils' inability to budget
Are we paying too much property tax in Metro Vancouver? Well, a new report confirms that municipal spending in the region in recent years has been way out of line with what's reasonable . . . or what's occurring in the real work world.
Vancouver Sun: BC will hold its own: experts
British Columbia is well-positioned to weather a growing global economic storm, some experts in the province suggested on Friday. Falling oil prices, a trend toward higher unemployment in the U.S., economic woes in Europe and a relative fall-off in Chinese economic growth had global observers feeling pessimistic at the end of this week.
Vancouver Sun: BC expected to weather latest economic storms
British Columbia is well positioned to weather a growing global economic storm, some experts in B.C. suggested on Friday. Falling oil prices, a trend toward higher unemployment in the United States, ongoing economic woes in Europe, and a relative fall-off in Chinese economic growth had global observers feeling pessimistic at the end of this week.
Vancouver Sun: Civic politicians need to hear "no more" (Don Cayo)
The cost of municipal government is going up and it will keep going up until taxpayers send a clear message that they have had enough. Another report this week confirms that municipal governments in Metro Vancouver have increased spending in the past decade significantly faster than would be justified by population growth or inflation.
News 1130: Civic spending in Metro Vancouver jumps 80 per cent in 10 years
New research suggest municipal spending in Metro Vancouver has gone up 80 per cent in the first decade of the new millennium. The BC Business Council is behind the study and feels duplication of services is one of the drivers of this problem.
Vancouver Sun: West Fraser Timber CEO becomes chair of BC Business Council
Hank Ketcham, chairman and CEO of West Fraser Timber, has been named the new chair of the Business Council of British Columbia. "I am honoured to have been appointed chair of the Business Council," Ketcham told the council's annual general meeting, according to a news release.
Times Colonist: Lumber exec new business council chair
The Business Council of British Columbia, a group of 250 major companies who account for a quarter of all jobs in the province, has appointed Hank Ketcham, chief executive of West Fraser Timber, as the council's new chairman for a two-year term.
Business in Vancouver: Few business gains forecast in return-to-PST bill
A few administrative gains for business in B.C.’s return-to-PST legislation won’t offset the damage to B.C.’s economy that will result from losing the HST. That’s how B.C. business experts are viewing the province’s Bill 54, which is set to return the province to the PST on April 1, 2013.