The recent move by Kinder Morgan on the Trans Mountain pipeline was a massive blow to Canada’s investment attractiveness.
Business investment (excluding residential structures) is down nearly 20 per cent since the third quarter of 2014.
Without adequate access to pipelines—the cheaper and safer mode of transportation—there has been a shift to more crude-by-rail.
Lower Mainland residents could change the way all British Columbians elect their democratic representatives
Currently, next fall’s referendum requires only 50 per cent-plus one of the popular vote.
The new EHT will apply to businesses with annual payrolls of more than $500,000.
From 2014 to 2016, non-residential business investment in B.C. declined 19 per cent after accounting for inflation.
Tuesdays BC budget, which Finance Minister Michael de Jong called boring, balanced, should have set out an ambitious agenda for the next four years.
While Premier Christy Clark aims to create an environment where growth and investment can flourish, little has been achieved since last years electoral victory. If Premier Clark is to help British Columbians obtain the desired prosperity and jobs, her top economic priority should be to make BC the most investment-friendly jurisdiction in Canada.
Heres whats needed.
When Christy Clark recently asserted British Columbia didnt need the federal government and also said we don't need Alberta, the B.C. premier demonstrated why Canadas founding fathers were concerned about provincial politicians: when they think in isolation, such premiers harm the interests of all Canadians.
The context of Clarks election-time remark was how BC could become an energy superpower if more natural gas was developed and delivered through pipelines, as opposed to allowing oil pipelines to crisscross British Columbia more than they already do.