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How to create good jobs in BC

Nov 20, 2014
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Five years have passed after the end of the Great Recession but both BC and Canada as a whole are very far away from a meaningful recovery in the labour market. Headline unemployment rates are not terrible (6.1% in BC and 6.8% in Canada) but fewer people are looking for work and part-time positions are… View Article

How the Pie is Sliced in BC

Nov 19, 2014
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It’s an interesting finding, and perhaps the start of a good trend: the share of income going to Canada’s top 1% has declined (Statscan release here, Globe story here). One great thing Statscan has done in recent years is to make its data freely available, so I went to dig deeper on national, BC and… View Article

Time for a Different Approach

Nov 8, 2014
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It may be the heat here in Baja, and certainly the tequila could be taking its toll on clear, or at least correct thinking, but it seems to me that there is a better policy answer to Kinder Morgan than outright rejection of its pipeline and terminal expansion proposal, and a far better policy approach… View Article

A BC framework for LNG, part two: the LNG income tax

Oct 21, 2014
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Well, we saw this coming but it’s still sobering to see it in black and white. The BC government’s decision to cut its proposed LNG Income Tax in half (from 7% to 3.5%) is simply a cave in to industry. It’s massive giveaway of a public resource to global corporations by a desperate government who put… View Article

A BC framework for LNG, part one: the carbon benchmark

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The BC government’s proposed carbon pollution benchmarks for LNG plants leave much to be desired. The package is an impressive display of cognitive dissonance: thanks to BC’s inconvenient law, the 2007 Greenhouse Gas Reduction Targets Act, along with its carbon tax, the BC government has cultivated a reputation for being a climate action leader; there’s even… View Article

Let’s Not Go There Again

Oct 17, 2014
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You would think that the fiasco of the government forcing BC Hydro in recent years to buy run-of-river and other IPP supply that it didn’t need, resulting in losses of hundreds of millions of dollars per year, would have put that unfortunate policy on the back burner for a long time. Not so. Clean Energy… View Article

Density, condos and housing affordability

Oct 16, 2014
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How is it that we have seen a non-stop construction boom in Vancouver over the past decade-plus and yet we still have huge homelessness and affordable housing problems? In the Figure, based on data from the BC Economic Accounts, it’s pretty clear that as a society we spend a lot building new housing. It varies cyclically but over the… View Article