AAA Credit to continue says major credit rating agency
Standard & Poor’s Rating Services has confirmed the Province’s AAA credit rating will continue after British Columbians voted to bring back the PST plus GST tax system, Finance Minister Kevin Falcon announced Sunday. Standard & Poor’s noted the Province has the solid revenue and expenditure flexibility necessary to meet its deficit targets and a moderate […]
Province: Action plan in place to return B.C. to 12 per cent PST/GST
The Province will reinstate the combined 12 per cent PST and GST tax system following the referendum decision by British Columbians to extinguish the HST in B.C. An action plan has been established to guide the transition process and help ensure an effective and orderly transition from the HST to the PST plus GST system […]
First new Southeast copper mine since 1998 opens near Princeton
Mining is returning to the Princeton region as the Copper Mountain Mine celebrated its grand opening Friday. The mine brings jobs to the area and benefits the entire province. Having started production in June 2011, Copper Mountain is the third-largest copper mine in Canada and the first major-metals mine to open in British Columbia since […]
Environment takes dramatic decline as an issue of importance to Canadians: report
In just three years, the environment has lost its status as one of the top five issues facing Canadians, with only 49 per cent ranking it as very important. According to Bensimon Byrne’s latest Consumerology Report, concern has fallen significantly since 2008 (down 11 points) and ranks behind issues such as the price of gas, […]
Boundary woodlot licensee wins award
Woodlot licensee George Delisle has received the Minister’s Award of Excellence for Woodlot Management, Boundary-Similkameen MLA John Slater announced today at a presentation on behalf of Forests, Lands and Natural Resource Operations Minister Steve Thomson. Delisle has managed a woodlot near Rock Creek since 1984, and is well known for educating local residents about the […]
Pilot project to attract more working families to B.C.
Family members of most temporary foreign workers in British Columbia will be able to work for any employer in the province, thanks to a pilot project launched today. Temporary foreign workers come to Canada to meet the needs of a specific employer who has been unable to find citizens or permanent residents for the available […]
B.C.’s exports surge 14 per cent in first half of 2011
Led by strong gains to Asia and Europe, British Columbia’s exports for the first half of 2011 are up by nearly 14 per cent compared with first six months of 2010. Figures released by Statistics Canada show that B.C.’s international merchandise exports from January to June were worth $15.9 billion, compared with $14 billion last […]
BC Hydro to cut proposed rate increase in half following government review
A government review panel has painted a picture of a bloated B.C. Hydro Corp. which is overstaffed by up to 1,200 employees. Panel member Cheryl Wenezenki-Yolland, acting deputy minister of advanced education, said Thursday that the Crown corporation is overstaffed in the communications, human resources and engineering departments. The panel responded to Hydro’s proposed rate […]
Why the U.S. debt crisis is just the tip of the melting iceberg
By Boyd Cohen, Triple Pundit I am from the U.S. and have lived in Europe and, most recently, Canada for the 10 years since getting my Ph.D. at the University of Colorado. While I am no economist (my Ph.D. is in business), I believe that the recent U.S. debt crisis and the complete and utter […]
Residents of Midway edge towards their $800,000 goal
There has been $60,000 raised towards the goal of $800,000 needed to pay off an American lender as the village of Midway attempts to save their sawmill, reports The Vancouver Province. Residents of Midway, two hours west of Nelson, came together in January to buy their mill, shut down in 2008 by Fox Forest Products […]
