Economy

What are we going to do with the oil and gas industry?

May 7, 2009
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That is the question no one seems willing to entertain in this election campaign. In today’s Vancouver Sun, David Collyer of the Canadian Association of Petroleum Producers makes the case for expanding the industry based on some dubious facts. First there is this gem: The industry has invested almost $30 billion dollars in British Columbia… View Article

BC’s child care crisis IS an election issue

Apr 30, 2009
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The provincial election is off and running, and once again families and communities know that childcare should be a high priority for every candidate in every riding. After eight years of failed policies, ad hoc decisions, and inadequate funding, B.C. childcare is in a crisis. Just ask any young family about their struggle to find… View Article

BC’s economy and the Liberal platform

Apr 29, 2009
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With my oped last week on the NDP platform making me less than popular over at NDP HQ, today the Sun published my take on the Liberals’ platform, thereby guaranteeing that the list of Christmas parties I get invited to dwindles to next to nothing. BC’s Economic Challenges and the Liberal Platform By Marc Lee… View Article

BC’s soaring EI claims

Apr 28, 2009
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Today’s Statistics Canada release features the latest (February 2009) stats on Employment Insurance claims. From February 2008 to February 2009, the number of EI beneficiaries is up 69%. And the number is up 11.6% just between January and February. More evidence that the BC economy is in much worse shape than the major political parties… View Article

Oh, about that recession …

Apr 27, 2009
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BC’s recession started in 2008. That is the upshot of today’s release of Statistics Canada’s Provincial Economic Accounts, which provides the first estimates of BC’s GDP for 2008. Unlike national data, which are provided quarterly and on a timely basis, we have to wait about four months to tally the various provincial beans. These numbers… View Article

The NDP Platform and BC’s Economic Challenges

Apr 20, 2009
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Below is an oped of mine that was done at the request of the Vancouver Sun and that ran in today’s paper. Unfortunately, for reasons that are not entirely clear, the last two paragraphs were cut off, leaving the oped hanging. I put them back in below, and have requested that the online version be… View Article

The devil take the hindmost

Apr 15, 2009
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In an earlier post I talked about the fact that when New Brunswick raised its minimum wage this spring, BC would be tied in last place for the lowest minimum wage in Canada. NB raised its minimum wage today and now BC, with the highest cost of living in Canada, is tied with two provinces… View Article

March unemployment hits women and young

Apr 10, 2009
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There is an interesting side story to the information that came out last week showing a big jump in unemployment in BC. Almost all of the increase was among two groups – women and young people. The overall unemployment rate jumped from 6.7% to 7.4%. The increase for men over the age of 25 was… View Article