Business Council of British Columbia

Earlier this year, we joined colleagues from across B.C.'s business community to make it clear that the economy needs to be job one. Yesterday, alongside Greater Vancouver Board of Trade, Canadian Federation of Independent Business, BC Chamber of Commerce, Mining Association of BC and ICBA | Independent Contractors and Businesses Association, we had an introductory meeting with MLAs from the official opposition to discuss the importance of a strong economy. We're excited to meet with Diana Gibson, Minister of Jobs, Economic Development and Innovation, next week and look forward to connecting with other elected representatives in the coming weeks.

"Geography has made us neighbors. History has made us friends. Economics has made us partners. And necessity has made us allies." - John F. Kennedy Canada and the United States share one of the strongest partnerships in the world, with important economic ties that benefit both sides of the border. President-Elect Trump’s recent announcement about imposing a 25% tariff on Canadian goods raises concerns not just for Canadians, but for Americans too.   💡 This week’s #BCBizQuiz looks into the numbers behind U.S.-Canada economic ties:

"If you're running a household or a business, you have to mind your spending. You can't just spend more than your income and borrow the difference—sooner or later, that catches up with you." The same principle applies to government spending. David Williams spoke with Global News following the release of our latest report on B.C.'s fiscal spending. #BCEcon #BCPoli

Last week, we shared that the average Taylor Swift concert-goer will spend $1,500 on top of their ticket price!    Impressive, right? But what does this spending really mean for B.C.'s economy?   Laura Jones joined Jas Johal to break it all down and talk about the real impact of the Swift Lift on our province. https://lnkd.in/gP3ZDyTG #ErasTour #BCEcon #SwiftLift

NEW: B.C. faces the largest deficit relative to its economy and the fastest-rising debt levels in Canada, according to a new BCBC report. The good news? Turning things around is possible with disciplined spending and a focus on economic growth. Learn more: https://lnkd.in/gQNgnMJp

Taylor Swift’s record-breaking Eras Tour is wrapping up right here in Canada! 🎤 Businesses across Toronto and Vancouver are preparing for the surge of concertgoers who'll be piling into hotels, restaurants, and shops. The 'Swift Lift' gives a boost to our local economies, but it only lasts a few days. Imagine if we could make that lift last? 🌟 Find out more: https://lnkd.in/gP3ZDyTG #TaylorSwift #TheSwiftLift #BCEcon #ErasTour

“We need a Team Canada approach. Canada must fight hard for an exemption to any new tariffs the U.S. is considering.” With President Trump set to reassume office in January 2025, concerns about tariffs - “his favorite word” - are top of mind for the business community. Laura Jones spoke with Richard Zussman on FocusBC about the impact of the U.S. election on the province. Listen to the full interview: https://lnkd.in/g_Nqwwxk

We’re thrilled to welcome Brock Lalla to our team and we’re excited to be visiting Vancouver, BC from November 12–15, 2024. If any Vancouver-based founders, innovators or entrepreneurs are interested in meeting with Brock to discuss growth and scaling opportunities in Alberta, please connect with him today! Rick Christiaanse, C.Dir | Keith Bradley | Jordan Speakman, MBA | John Richardson #BigBoldAlberta #InvestAlberta

🚢 A few weeks ago, the BCBC team visited Trans Mountain's Burnaby terminals to see their operations and the newly expanded Trans Mountain Pipeline (TMX) firsthand as part of our #BuildingProsperityBC campaign. Seeing the project up close and learning about its impact reminded us just how important major projects like TMX are to B.C.'s economy. So, what did we learn? 🌊 The Trans Mountain pipeline was first built in 1953! 🚚 The expansion has nearly tripled the original pipeline’s capacity. 💰 Building the expanded TMX pipeline added $52.8 billion to B.C.'s economy and created over 67,000 jobs between 2018 and 2023. 📈 Over the next 20 years, TMX is expected to add $9.2 billion to B.C.'s economy, create 36,000 jobs, and contribute $2.8 billion in taxes to support services like healthcare and education. 🤝 Since 2016, Trans Mountain has invested over $6 billion in contracts with Indigenous businesses, creating jobs and supporting local communities. Read more about our visit and Trans Mountain's work: https://lnkd.in/gpuscqEp #EconomicGrowth #Innovation #CommunityImpact #Economy #BritishColumbia

Did you catch Laura Jones on the radio this week? She joined five programs across B.C. to share insights on the province’s affordability concerns and why a Better, Faster, Stronger strategy is essential for economic growth. Listen to more interviews: 📻CKNW 980 with Jas Johal: https://bit.ly/4eaG1b6 📻CBC On The Coast with Gloria Macarenko: https://bit.ly/3C8PmCN 📻CBC Radio West with Brady Strachan: https://bit.ly/40tAwkt