Economy

Northeast B.C. unemployment rate falls as employment rate rises

Northeast British Columbia’s labour market is showing signs of improvement, with unemployment falling and a larger share of residents employed compared with the same time last year.

B.C. loses more than 20,000 jobs in September as unemployment rate stays steady

British Columbia lost more than 20,000 jobs in September, sparking a political clash over the province’s economic direction.

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.
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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.

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