B.C. Business Matters:
Guest Author: The Future of Decision Making
How important is it for businesses to make better decisions?
Which Countries Gain the Most by Employing "Golden Age" Workers?
As populations age, countries will have to rely more heavily on productivity growth and increased labour force participation from underrepresented groups to maintain living standards and provide tax revenues to pay for public services.
B.C. Manufacturing Sector Expanding…But Faces Headwinds
Manufacturing is an important and sometimes underemphasized part of the British Columbia economy.
So Far, So Good...But Proceed with Caution: An Update on B.C.'s Fiscal Picture
Last month, B.C. Finance Minister Carole James wrapped up the NDP’s first full financial year and provided an update on the government’s books through the first quarter of 2018-2019. Here’s what you should know.
Guest Author: Breaking the cycle of poverty through education, partnership:
How the federal government’s new poverty reduction strategy calls upon British Columbians to act
Providing youth with quality education is critical to the federal poverty reduction strategy.
Global Electric Renewables
The data is clear: transitioning to a less carbon-intensive global energy system is necessary if the world is to have any prospect of addressing climate change. The process is underway, and although renewables still make up a relatively small percentage of total global energy production and consumption, their contribution is growing.
Hot Jobs: B.C.’s Labour Market Outlook to 2028
For those interested in the hottest job trends, the provincial government’s new Labour Market Outlook is worth a look
A ‘Boost’ Up the Income Ladder: The Role of Income-Based Tax Credits
Addressing income inequality is an important challenge for policymakers and communities. Establishing a consumption floor below which no person falls is a policy goal in many jurisdictions.
Reflections on the Canadian House Price Boom
It is hard to imagine that Canadian house prices will continue to rise significantly faster than overall inflation and incomes. An extended period of weaker real Canadian house prices seems probable.
For the past decade or so, amid readily available credit and ultra-low interest rates, Canadians have been piling up debt.
Policy Directions to Foster Strong and Inclusive Economic Growth
Last year, Canada’s economic performance and prospects received a fresh look from researchers at the Organization for Economic Cooperation and Development (OECD).
Firms in B.C. and Central Canada Report Widespread Capacity Pressures
The Bank of Canada’s Summer Business Outlook Survey provides some interesting insights into the extent of capacity pressures faced by companies across the country
B.C. Employment by Industry -- The Long View
Following up on our recent blog looking at long-term employment growth by occupation, we now examine which industries have contributed to B.C. employment growth over time.
B.C. Employment Growth by Occupation -- The Long View
How has the labour market in British Columbia changed over the past thirty years? How has technology reshaped it? What occupations have shown the most and the least employment growth?
How will Digitalization Affect the Labour Market?
The challenge facing policy-makers – in British Columbia, Canada and globally – is how to maximise the productivity gains of technological progress through digitalization, while taking steps to mitigate its intrinsically-skewed distribution of benefits.
Toward Higher Costs and Less Competition in Public Sector Procurement
The provincial government is establishing a new framework for developing and sourcing labour to build public-sector infrastructure projects. We see at least two big problems with the government's plan.
Where Does the Money Come From? The B.C. Government’s Top Revenue Sources
Where exactly does the province get the vast sums required to pay for the services and programs it provides or supports?
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.
Show Me the Money! Earnings by Field of Study and Education Level
As students contemplate their field of study - one consideration might be potential future earnings.
Cruising Along: International Tourism on the Rise in B.C.
Last year was a memorable one for international tourism in the province, and the first quarter of 2018 is looking even better. There were 7.9 million international traveller entries to B.C. in 2017, an increase of 3.5% over 2016. Since 2010, the number of international visitors is up 25%. Tourism is a vital economic engine for the province, with the main tourism-related industries accounting for 12% of all jobs.