April 26, 2024

Flaherty briefs provincial ministers on economy

A sobering look at the world economy today from federal Finance Minister Jim Flaherty, who briefed his provincial counterparts on his discussions at the recent G20 Summit. BC Finance Minister Kevin Falcon says the news is not good. "He's confirming what I've been saying publically for quite some time now and that is that the world economy is … [Read more...]

Positive forecast for BC economy

Unemployment will drop, retail sales will rise and British Columbia's overall economic growth is expected to climb to 3.4 per cent.Those are predictions in the Conference Board of Canada's latest quarterly report. The board's Marie-Christine Bernard says BC's growth stems from the ongoing recovery of the U-S economy. "What we're seeing for 2013 is … [Read more...]

Grey Cup pumps $118M into economy

The Lions may have been sipping from the Grey Cup, but local businesses were taking gulps out of the golden chalice in November. The B.C. Lions and Tourism Vancouver announced Tuesday that the 99th Grey Cup at BC Place last year generated “in excess” of $ 118 million in economic impact. The Canadian Football League championship game and weeklong … [Read more...]

Dix talks economy, education, transparency at NDP convention

B.C. NDP leader Adrian Dix discussed the economy, sustainability and inequality at the party’s 50th anniversary convention. Dix says British Columbians can expect the NDP to be straightforward, and modest about the programs they engage in. He says, over the next 18 months, “I’m gonna do what I’ve been doing—holding the … [Read more...]

Taseko says New Prosperity would boost economy

VANCOUVER - Taseko Mines Ltd. (TSX:TKO) estimates its proposed New Prosperity gold and copper mine in British Columbia would generate $ 9.8 billion in revenue for the federal and B.C. governments over 20 years. … [Read more...]

Put economy over politics, business leaders urge

There’s no room for single-issue politicians with the world on the brink of financial collapse, the B.C. Chamber of Commerce says. As municipal leaders from across the province meet for their annual convention in Vancouver this week, B.C.’s captains of industry have asked politicians to make the economy their top priority. “The global economy is … [Read more...]