BC Biz Last 7 days

BC tourism still strong
Rob Gibson - Feb 22 - BC Biz

British Columbia continues to be a big draw for tourists and business people from around the world. New numbers from Statistics Canada show a three per cent uptick in visitor arrivals in December 2017 over the same month last year. In total, over 5.7 million overnight visitors came to the province last year – an […]

Pipeline polarizes Canada
Rob Gibson - Feb 22 - BC Biz

A new poll reveals Canadians are virtually split on the current dispute between B.C. and Alberta over pipelines and wine. The Angus Reid Institute survey says 50 per cent of Canadians are in favour of the pipeline and 50 per cent are opposed, nationally. Province by province is slightly different not surprisingly Albertans are gung-ho […]

Wine industry hits back
Chelsea Powrie - Feb 21 - BC Biz

The BC Wine Institute has officially fired back against Alberta’s wine boycott, challenging the constitutionality of the ban. The Alberta Liquor and Gaming Commission received written notice from the institute Wednesday, declaring action against the Feb. 6 ban on all B.C. wine imports to Alberta. Miles Prosdan, president and CEO of the BC Wine Institute, […]

B.C. budget highlights
The Canadian Press - Feb 20 - BC Biz

Highlights of British Columbia’s 2018-19 budget presented Tuesday: Effective Wednesday, a tax on foreign homebuyers increases by $5,000 to $20,000 and expands from Metro Vancouver to include homes in the Victoria-area, the Fraser Valley, the central Okanagan district in the province’s Interior, and the Nanaimo Regional District. A new speculation tax will be introduced in […]

Okanagan Foreign buyers tax
The Canadian Press - Feb 20 - BC Biz

B.C. moved to ease the housing crisis Tuesday with a new tax on property speculators and higher taxes on foreign homebuyers with a budget that plans to create 114,000 affordable housing units over the next decade. Finance Minister Carole James said the tax measures are part of the government’s aim to improve housing affordability in […]

Details on new housing tax
The Canadian Press - Feb 20 - BC Biz

B.C. is raising its foreign buyers tax and expanding it to areas outside of Vancouver, while bringing in a new tax on speculators, as part of a sweeping plan to improve affordability in the province’s overheated housing market. The New Democrat government unveiled a 30-point housing plan in its first full budget on Tuesday that […]

B.C. wine war – so what?
The Canadian Press - Feb 20 - BC Biz

Alberta’s economic development minister is shrugging off a legal challenge filed by British Columbia over Alberta’s ban on wine from that province. On Monday, B.C. announced it is invoking dispute settlement of the wine ban under Canada’s free-trade agreement. The mechanism calls for four months of consultation and, if that doesn’t work, an arbitration panel takes […]

BC budget day is here
The Canadian Press - Feb 20 - BC Biz

It’s budget day in B.C. and New Democrat Finance Minister Carole James says her financial plan will look much different than those put forward by the previous Liberal government. James bucked tradition yesterday, opting to read a children’s book to three- and four-year-olds at a child-care centre instead of buying a new pair of shoes. […]

Wine war trade challenge
Jon Manchester - Feb 19 - BC Biz

B.C. is challenging Alberta’s ban on its wines through the Canadian Free Trade Agreement. Minister of Jobs, Trade and Technology Bruce Ralston announced the move Monday. The challenge will be made through the CFTA dispute settlement process. “B.C.’s wine industry is an important contributor to our economy, creating good jobs and other economic benefits,” Ralston said in a […]

B.C appeals Trans Mountain
The Canadian Press - Feb 19 - BC Biz

British Columbia’s government is appealing a decision that allows Kinder Morgan Canada to bypass local regulations in constructing its Trans Mountain pipeline expansion. The National Energy Board ruled in December that the company is not required to comply with two sections of the City of Burnaby’s bylaws on land and tree clearances. Kinder Morgan had […]