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Economy, Law & Politics

Opinion: Eby government needs to tackle B.C.鈥檚 tax competitiveness problem

Opinion: Eby government needs to tackle B.C.鈥檚 tax competitiveness problem

British Columbia鈥檚 approach to business taxation has long been uncompetitive with other large provinces. Thanks to a poorly designed sales tax, the province has one of the highest effective tax rates on new business investment in Canada.
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The economics of immigration: A boon for B.C. with support in place

The economics of immigration: A boon for B.C. with support in place

Record numbers of newcomers to Canada mean busy support services, accommodation concerns and big questions about the future.
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Provincial governments not jumping to act on tighter alcohol warning guidelines

Provincial governments not jumping to act on tighter alcohol warning guidelines

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Opinion: Prompt payment legislation needed to keep contractors afloat

Opinion: Prompt payment legislation needed to keep contractors afloat

It may come as a shock to other industries, but in the Industrial, commercial, institutional and multi-unit residential construction sector, contractors aren鈥檛 paid upon completion of their work.
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Opinion: Eby blowing surplus on wasteful spending instead of paying down debt

Opinion: Eby blowing surplus on wasteful spending instead of paying down debt

Think of provincial finances like your family budget. Right now, Premier David Eby has a big debt to settle.
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Former Victoria mayor appointed as housing adviser for province

Former Victoria mayor appointed as housing adviser for province

Lisa Helps will help develop the province鈥檚 B.C. Builds program, an initiative to build housing for middle-income families, individuals and seniors.
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Opinion: It鈥檚 time to prepare for the worst to protect against a downturn

Opinion: It鈥檚 time to prepare for the worst to protect against a downturn

Storm clouds are gathering over B.C.鈥檚 construction industry as we enter 2023. For more than a decade, cheap money has helped fuel a booming sector.
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S&P/TSX composite down in late-morning trading, U.S. stock markets mixed

S&P/TSX composite down in late-morning trading, U.S. stock markets mixed

TORONTO 鈥� Canada's main stock index was down in late-morning trading amid losses in the industrial and technology sectors, while U.S. stock markets were mixed. The S&P/TSX composite index was down 25.56 points at 20,574.04.
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Debt spiralling out of control for many B.C. consumers, businesses

Debt spiralling out of control for many B.C. consumers, businesses

British Columbians are struggling with debt. This could be expected, given that inflation hit a 39-year peak of 8.1 per cent last June, interest rates are at 15-year highs and COVID-19-related financial support is long gone.
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Statistics Canada says job vacancies down 2.4 per cent in November

Statistics Canada says job vacancies down 2.4 per cent in November

OTTAWA 鈥� Statistics Canada says the number of job vacancies fell by 2.4 per cent in November to their lowest level since August 2021. The agency says the number of job vacancies across all sectors was down 20,700 at 850,300 for the month.
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