Return to all PUBLICATIONS

Provincial Government

BC’s provincial government has a key role to play in shaping the province’s economy. Taxation, access to natural resources, transportation, education and skills development, environmental regulation, labour rules and many other social programs all fall under the provincial government’s jurisdiction. The Council conducts research and analysis on all these topics and regularly contributes to public-policy development at the provincial level.

 

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.

Read Blog Post

SUBMISSION in advance of the 2019 Provincial Budget

The Business Council's submission to the Select Standing Committee on Finance and Government Services in advance of the 2019 Provincial Budget.

View Presentation

Finlayson Op-Ed: B.C. doesn’t have enough workers to meet industries’ demand (Black Press)

For those interested in the hottest job trends, the provincial government’s new Labour Market Outlook is worth a look.

Over the next decade, the government is forecasting a total of 903,000 job openings in B.C. More than 600,000 will result from current workers transitioning into retirement.

Many of these positions can be filled by younger cohorts of workers, but that won’t be enough to produce warm bodies for all of the expected vacancies.

View Op-Ed

Finlayson Op-Ed: 'Clean growth' is a nice idea, but policymakers shouldn't forget what really makes B.C. money (The Province)

Policymakers in Victoria have a lot more work to do if they are interested in strengthening the province’s export economy.

The provincial NDP government has pledged to develop a “clean growth strategy” to position the province for continued prosperity in a world where demand is increasing for products and technologies that reduce the impact of human activity on the environment. With a carbon-free electricity system and an array of local companies in the “clean tech” space, B.C. has some of the ingredients necessary for clean growth. But amid their enthusiasm for developing new industries, policymakers also need to pay close attention to the industries that pay the bills today.

View Op-Ed

Finlayson & Peacock Op-Ed: Growing Tax Burden Hurts B.C. Business Competitiveness (Business in Vancouver)

In many sectors of our economy, the cost of operating a business has risen significantly over the past several years due to provincial government policy decisions. For a typical business, the most visible government-driven cost increases have come via higher (and in some cases new) taxes and fees. Below we briefly discuss the most salient examples.

View Op-Ed

Finlayson Op-Ed: Toward higher costs and less competition in public-sector procurement (Vancouver Sun)

The provincial government is establishing a new framework for developing public-sector infrastructure projects.  Last week, Premier John Horgan and Transportation and Infrastructure Minister Claire Trevena released an umbrella “Community Benefits Agreement” (CBA), intended to achieve several objectives:

View Op-Ed

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.

Read Blog Post

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?

Read Blog Post

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.

Read Blog Post

RELEASE: Professional Reliance Review Report Provides Solutions Looking for a Problem

The Business Council of British Columbia has significant concerns with the recently released Professional Reliance Review Report which has offered a series of recommendations related to the province’s professional reliance model.

View Press Release

RELEASE: BCBC welcomes important step in advancing LNG in B.C.

The Business Council of British Columbia today welcomes news of a Fiscal Framework Agreement between the Province of B.C. and LNG Canada. The completion of this agreement signals an important step towards the realization of a major LNG project in the province and the largest infrastructure project in Canada’s history – a project that promises to generate lasting economic benefits for all British Columbians.

View Press Release

Pros and Cons of the NDP's Housing Plan

In Budget 2018, the NDP government unveiled a 30-point housing plan intended to address concerns about housing affordability. We believe that housing policy should be driven by the needs of the local population but there are problems with the government's overall approach.

Read Blog Post

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.

View Op-Ed

Finlayson & Peacock Op-Ed: Budget’s higher business costs dim B.C. investment prospects

The first full budget unveiled by the BC NDP government offers a mix of higher spending, tax hikes on business and significant commitments to expand child care and address concerns over housing affordability and real estate speculation.

View Op-Ed

BC Budget 2018 - Higher Business Taxes Plus Additional Spending Measures

Many B.C. businesses will be scrambling to adjust to significantly higher payroll costs.

View Publication

BCBC Offers Mixed Reviews on Budget 2018

Today’s budget presented by Finance Minister Carole James introduces a new payroll tax, takes significant steps towards addressing housing affordability, and commits to a significant expansion of child care in the province. However, the Business Council believes there is more work to do to strengthen the foundations of B.C.’s prosperity.

View Press Release

Three Observations on BC's Rising Minimum Wage

How is a higher minimum wage policy likely to play out in the context of BC’s economy and labour market?

Read Blog Post

Finlayson & Peacock: Avoiding a deficit should be a BC NDP coalition budget priority (Business in Vancouver)

Some cautionary advice for Minister Carole James heading into the NDP Government's first full budget.

View Op-Ed

SUBMISSION: MSP Task Force

The Business Council's submission to the MSP Task Force which has been asked to advise on how to make up the forgone revenue from the elimination of Medical Services Plan premiums.

View Presentation

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:

View Press Release