BCBC In The News
Business in Vancouver: Trans Mountain decision threatens to spook investors
But Greg D’Avignon, CEO of the Business Council of BC, said the courts’ involvement in the process has been a flashpoint for frustration for businesses and investors.
“It’s unfair to ask businesses to enter into a process and to invest capital and time and their reputation, knowing full well that today that process is unclear. You don’t know how much it’s going to cost, how long it’s going to take or whether or not when you follow the rules you’ll actually get a decision,” D’Avignon said.
“We’re seeing, in real time, capital decide not to place itself in Canada and British Columbia, and go elsewhere because there’s more clarity and more certainty [in other jurisdictions].”