Economy

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Eby to travel to China this weekend to pitch B.C. energy, goods and tourism

Premier David Eby is heading to China this week on a trade mission aimed at strengthening economic ties as British Columbia looks to diversify its exports beyond the U.S. market.

Federal action plan for forestry sector expected this week, as report warns of looming “existential risk”

The federal government is expected to release a long-awaited action plan for Canada's struggling forest sector within days, a senior official said Thursday.

Why young workers are being squeezed out of B.C.’s labour market

Young people in B.C. are facing one of the toughest job markets in years, with economists and business groups warning that youth unemployment remains stubbornly high despite recent gains.

B.C. small businesses cooling on youth hiring, says CFIB report

B.C. small businesses say rising costs and economic uncertainty are making them reluctant to hire young workers ahead of the summer job season, according to a new report from the Canadian Federation of Independent Business.

B.C. calls for more support as softwood lumber left out of new federal tariff relief

Premier David Eby expressed frustration Monday that the federal government’s latest tariff-relief measures do not include support for the softwood lumber industry.

B.C. expands fast-track list with 17 new priority projects

B.C. is adding 17 major resource and infrastructure projects to its fast-track list as the province looks to speed up development amid global economic uncertainty.
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B.C. welcomes Ottawa’s skilled trades push in spring economic update

B.C.’s finance minister is welcoming new federal investments in skilled trades, as Ottawa rolls out billions in funding aimed at boosting apprenticeships and tackling labour shortages.

B.C. opts into federal temporary foreign worker exemption for rural employers, but rejects higher cap

British Columbia is partially opting into a federal temporary foreign worker (TFW) program aimed at providing relief for rural employers facing labour shortages.

B.C. lost more than 20,000 jobs in February, says StatCan report

British Columbia lost 20,200 jobs in February, a drop of 0.7 per cent, while the province’s unemployment rate held steady at 6.1 per cent, Statistics Canada said.
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