Top Results For: B.C. economy

B.C.’s restaurant industry says it’s in desperate need of help as more and more restaurants are forced to close. Ian Tostenson from the BC Restaurant and Foodservices Association discusses the factors leading many to shut their doors for good.

February is Black History Month and the City of Vancouver is proclaiming it. Nerissa Allen, President and CEO of the Black Business Association of BC, speaks with Jennifer Palma about the importance of the month and economic development for the Black and African diasporic communities in BC.

Statistics Canada is out with its latest Labour Force Survey. Tyler Orton, from Business in Vancouver, breaks down the data and what it means for B.C.’s economy.

There’s growing pushback against B.C’s new short-term rental rules from communities like Parksville, which depend heavily on vacationers to fuel the local economy. Richard Zussman reports.

A wine industry report finds a severe cold snap in January caused catastrophic damage to B.C.’s wine grape crops. Wine Growers BC President and CEO Miles Prodan discusses the economic repercussions.

Speaking in Montreal, Que., on Tuesday, Bank of Canada Gov. Tiff Macklem said that Bank of Canada’s (BOC) monetary policy is limited in its ability to influence the crisis of housing affordability. “We’re going to look at the whole economy,” Macklem said, “But we’re not targeting housing, we’re targeting inflation.”

BC United finance critic Peter Milobar says he’s concerned about a lack of future resource development projects and a “backlog of productivity” in the construction sector. His comments on Mon. Dec. 4, 2023, came as the Economic Forecast Council, forecast a 0.5-per-cent growth in 2024, slightly below the B.C. finance minister’s recent forecast of 0.7...

The province will be formally tabling legislation providing protections for gig economy workers. In the Friday, Nov. 17, 2023, edition of Focus BC, Richard Zussman speaks with Labour Minister Harry Bains about what these protections will mean for consumers. Plus, Vancouver city councillor Christine Boyle discusses her motion calling for more density and affordability in...

It’s being described as a “game changer” in efforts to protect B.C.’s old growth forests. As Paul Johnson reports, conservationists are welcoming a draft plan from the provincial government that would not only consider the economic but also the ecological value of our forests.

There’s a growing backlash from many industries to the B.C. government’s new rules limiting short-term rentals. There are concerns the sudden inavailability of accomodation will end up limiting economic activity. Richard Zussman reports.

B.C.’s birth rate has had a big decline. The number of babies born in 2022 dropped by more than 2,000 compared to the year before. As Cassidy Mosconi reports, the high cost of living may be part of the reason.

A tentative contract reached over the weekend with Hollywood writers could mean a return to the job soon for B.C. film workers. The industry is an enormous driver of the B.C. economy, but as Aaron McArthur reports, another labour dispute still has to be settled before production can fire up again.

A day after National Truth and Reconciliation Day, a B.C. First Nation is looking to advance what’s been dubbed ‘economic reconciliation’, specifically, a proposed Indigenous-led liquified natural gas project. As Neetu Garcha reports, members of the Nisga’a nation hope it unlocks future economic opportunities.

Entertainment events are still trying to bounce back post-pandemic, and some major economic relief for northern B.C. BIV’s Tyler Orton has your business news.

For tens of thousands of families across B.C., this weekend is being spent preparing for the return to class. But this time, more and more people are getting an early economics lesson when it comes to the impact of inflation on their wallet. Grace Ke reports.

The Bank of Canada is holding its benchmark interest rate at 5.0 per cent, a level not seen since April 2001. The central bank’s last hike was in July. Mackenzie Gray explains why the BoC is holding steady for now, what this says about the economy, and why some experts aren’t banking on another hike...

The Bank of Canada is holding its benchmark interest rate at 5.0 per cent, a level not seen since April 2001. The central bank’s last hike was in July. Why the BoC is holding steady for now, what this says about the economy, and why some experts aren’t banking on another hike soon. The E....

The McDougall Creek wildfire in B.C.’s Okanagan has grown to about 12,000 hectares, destroying dozens of houses in West Kelowna. The reprieve allowing some people to return home, the evacuees who can’t believe that their homes are still standing, the growing frustration among some residents, and the push for building code improvements. While some much-needed...

Several communities in British Columbia’s Shuswap region are under threat from a sprawling wildfire that has already destroyed multiple homes. Residents in B.C.’s Interior are doing what they can to help each other, but the fire is shutting down some well-intended aid. While emergency crews in B.C. are making progress fighting the wildfire threatening Kelowna,...

Global News Morning speaks with BC Chamber of Commerce President and CEO Fiona Famulak about the B.C. port strike and the crippling impact on the Canadian economy.