Economy

Eby rejects calls to lift U.S. alcohol ban, calls it ‘only leverage’ in trade war

Premier David Eby said Tuesday that B.C. will keep U.S. alcohol off store shelves, saying lifting the ban would weaken Canada's leverage in its trade dispute with the United States.

Food security at risk amid stage 3 water restriction says B.C. Fruit Growers

B.C. fruit growers are lashing out at Greater Vernon Water for what they view as draconian water restrictions for the agricultural sector.

StatCan says B.C. added 7,800 jobs in June

British Columbia added 7,800 jobs in June as the province's unemployment rate fell to 6.5 per cent, according to Statistics Canada's latest labour force survey.

Alberta proposes pipeline through southern B.C. constructed by Trans Mountain and Pembina

Alberta's proposed new oil pipeline would be built along a southern route to the B.C. coast through a partnership with Trans Mountain Corporation and Pembina Pipeline Corporation.

Canada, B.C. reach agreement preserving oil tanker ban if Alberta pipeline proceeds

Canada and British Columbia announced a broad agreement that would preserve the oil tanker moratorium on the north coast and ensure B.C. would see economic benefits if Alberta’s proposed pipeline project goes forward.

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.

Red Chris mine expansion gets the greenlight from B.C.

British Columbia has approved a major expansion of the Red Chris mine, allowing the northwest B.C. operation to shift from open-pit to underground mining.

B.C. added more than 25,000 jobs in May, says StatCan

British Columbia added 25,200 jobs in May, reversing some of the losses recorded earlier this year, according to Statistics Canada.

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.’s minimum wage set to increase on June 1

British Columbia’s general minimum wage will increase to $18.25 per hour on June 1, but advocates said it still falls short of a living wage in much of the province.

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.