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BC Government's Credit Card Charges for 2016-17

There's nothing quite like poring through 87,527 credit card charges to the B.C. government's plastic in 2016/17. Charges that can often be on top of a company's billings to existing government accounts. For instance, last year, Sensus Communications billed the government $79,286, while various ministries put an additional ...

Fraser Institute says uncertainty threatens B.C. investment and economic prosperity

The tenuous nature of the recent election in British Columbia has increased political and policy uncertainty to the highest levels since 2009, which could drive away business investment and slow the economy, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank....

Taxes top out as largest Canadian household expense

Despite high housing costs across the country, the average Canadian family spent more on taxes in 2016 than housing, food and clothing combined, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “Many Canadians may think housing is their biggest household...

One of the region's largest employers gets sold to multi-national company

An offer is on the table to sell one of the region's largest private companies and employers later in the fall as Pacific Insight's board of directors and officers have agreed to sell to a multi-national corporation. On Aug. 1 Pacific Insight Electronics Corp. entered into a definitive agreement with Methode Electronics Inc....

Lower interest rates, rising incomes more than doubles amount Canadians borrow for a home

Canadians have been able to qualify for much larger mortgages over the past two decades because of declining interest rates and rising incomes, and that has more than likely translated into higher home prices, finds a new study by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “Increased...

Sale of Teck's interest in Waneta dam to BC Hydro announced

The sale of Teck's  two-thirds share of the Waneta dam to BC Hydro is now subject to "a number of conditions" according to press releases dated August 1, 2017.  Those conditions include review and approval by the BC Utilities Commission, and assuming that it goes forward, the sale is not likely to be completed before early ...

ALL Nature Conservancy of Canada (NCC) lands in BC closed to recreational access

In response to the extreme fire situation in British Columbia, the Nature Conservancy of Canada (NCC) is suspending public recreational access to all its lands in the province. This is a precautionary measure in order to minimize the chance of human-caused wildfires in any more of the province, and to contribute to public...

CBT's wage subsidy makes it easier to hire a student

If your business or organization could benefit from hiring a student during the school year, Columbia Basin Trust’s School Works program may be able to help you afford it. Applications for the popular first-come, first-served program open August 10, 2017. “Each year, Basin employers hire hundreds of students with help from ...

Opinion: If Saskatchewan Can Build a Geothermal Plant, Why Can't BC?

By Carol Linnett.  This article is from DeSmog Canada. While news of Saskatchewan’s plan for a small geothermal power plant was met with excitement by renewable energy advocates,  experts say British Columbia is far better situated to capitalize on the technology yet has failed to do so. “It should be a little bit of a shock...

Tax Freedom Day — when Canadians start working for themselves

Canadian families celebrate Tax Freedom Day on June 9 this year, according to the Fraser Institute’s annual calculations. Tax Freedom Day measures the total yearly tax burden imposed on Canadian families by federal, provincial and municipal governments. If you had to pay all your taxes up front, you’d give government every ...

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