Ken Peacock

Balance tops business wish list for B.C. Budget 2019

As the BC NDP government prepares to table its 2019 budget, there is no reason to believe that Finance Minister Carole James is contemplating any major course corrections. The province’s finances...

Diversified industry dynamics to drive B.C.’s 2019 economic engine

As we enter 2019 and consider what lies ahead for the provincial economy, a review of industry dynamics provides comfort as well as a confirmation that the B.C. economy is now growing at a more...

LNG Canada atop list of stories affecting B.C.’s 2018 economy

In an environment of rapid economic and political change, further compounded by activist governments at both the federal and provincial levels, identifying 2018’s most significant stories affecting...

Natural gas lifts B.C. economy as housing’s contribution slows

The B.C. economy grew by a surprisingly robust 3.8% (after inflation) last year. This is surprising because not only does it follow a strong 3.2% expansion in 2016, but it also marks another year...

B.C.’s electoral reform referendum a seriously flawed initiative

There is nothing more fundamental to democracy than free elections and the rules by which our legislative representatives are chosen. Changing this system is a serious undertaking – one that demands...

Growing tax burden hurts B.C. business competitiveness

In many sectors of our economy, the cost of operating a business has risen significantly over the past several years due to provincial government policy decisions. For a typical business, the most...

B.C. job creation stalls, but province’s job vacancy rate still high

After several years of torrid job growth and a steadily falling unemployment rate, B.C.’s labour market looks to have cooled off. In particular, job creation has come to a shuddering halt so far in...

Housing costs put brakes on migration to B.C. from other provinces

Over the second half of last year, a surprising development occurred – the net inflow of people moving to B.C. from other provinces fell sharply. The drop showed up in the third quarter and persisted...

Alarms ringing over B.C.’s lacklustre productivity performance

Productivity is the most critical determinant of any economy’s long-term growth potential. It represents the value of goods and services produced, divided by the number of hours needed to produce...

British Columbia’s labour code: it’s not broke, so don’t fix it

For those old enough to remember, there was a time when the evening news routinely covered major strikes in the province. Labour disputes were common in the 1970s and 1980s. A few decades later,...