Construction workers in underground portion of commercial-residential building

Construction workers in underground portion of commercial-residential building

Things that are going well in B.C.

There's a building boom in the southwest, employment is improving and B.C. is forecast to lead Canada in economic growth

In the early days of this new year, readers have advised me to do several things. I’ll go with one that seems relatively painless, embracing the “sunny ways” of our new federal government and seeking optimism in these fragile times.

For starters, we have a building boom going on in the southwest. Here in Victoria, cranes dot the skyline as new residential-commercial projects emerge from bedrock, and hardhats are mostly on construction workers, scratched and backwards, rather than shiny and forward on politicians.

Shipyards are busy, with Royal Canadian Navy work and cruise ship refits to reduce their emissions, plus work on ferries, tugboats and barges.

Most of the activity is private investment, much of it in a hot housing market. Surrey has just recorded its second-highest total for building permits in history, a value of $1.46 billion nearly matching the pre-recession peak of 2007.

Thousands of provincial employees get a small raise in February, based on stronger than forecast economic growth in 2014. It works out to $300 a year for a medical technologist and $346 for a teacher.

Health care costs are rising less dramatically. That should ease the crisis atmosphere at provincial and federal health ministers’ negotiations over the funding formula, taking place this week in Vancouver.

Health Minister Terry Lake announced last week that the province is increasing funding for a promising program in cancer research, using genetic analysis to improve targeting for drugs to treat the hundreds of different cancers diagnosed in B.C. patients each year.

The B.C. Cancer Agency’s new director, Dr. Malcolm Moore, oncologist Dr. Janessa Laskin and Dr. Marco Marra, director of the agency’s Genome Science Centre, described a world-leading centre of research that is reaching out to specialists and their patients across the province and attracting international funding and talent for ground-breaking research.

Outside the urban regions, where retail sales and real estate mainly drive the economy, sunny ways are harder to find. The mining and natural gas sectors are in the grip of a slump in commodity prices, with more temporary mine closures expected.

The forest industry is being helped by the low Canadian dollar and a steady recovery in the U.S. economy, and tourism is expected to have another strong year as Americans take advantage of a discount on visits to B.C.

Central 1 Credit Union broke down the regional employment numbers for B.C. in 2015, and found job growth in every region except the Cariboo. Province-wide employment grew 1.2 per cent last year, ahead of the national rate. That may not sound like much, but compared to Alberta’s oil-dependent economy, it’s pretty good.

Construction of a new dam on the Peace River is expected to ramp up this year, bringing workers home from Alberta, and the federal government is planning to fast-track its promised infrastructure spending to create work across the country.

Energy and Mines Minister Bill Bennett was in Toronto last week to ring the opening bell at the stock exchange with B.C. mining industry representatives.

Not much sun on mining stocks these days, but Bennett’s sales pitch to an investor luncheon included reference to two more mines under construction in northwest B.C., the province’s Pacific Rim trade advantage, and revenue sharing with First Nations that is attracting attention of other provinces.

The Conference Board of Canada has forecast that B.C.’s economy will “lead the country by a wide margin over the near term,” with unemployment declining in 2016.

We’re at the mercy of global forces, but things could be a whole lot worse.

Tom Fletcher is B.C. legislature reporter and columnist for Black Press. Email: tfletcher@blackpress.ca Twitter: @tomfletcherbc

 

Just Posted

Lincoln Mckoen. (YouTube)
Anglican bishop of the central Interior resigns over sexual misconduct allegations

Lincoln Mckoen was elected as a bishop of the Territory of the People region last year

FILE – Perry Bellegarde, National Chief of the Assembly of First Nations, takes part in an event on Parliament Hill in Ottawa on Tuesday, July 7, 2020. THE CANADIAN PRESS/Sean Kilpatrick
Indigenous Peoples Day must be a ‘call to action’, says Assembly of First Nations chief

Discovery of children at Kamloops residential school site must lead to change, Perry Bellegarde says

A tent housing a mobile vaccination clinic. (Interior Health/Contributed)
Over 5K jabbed at Interior Health mobile COVID-19 vaccine clinics

The clinics have made stops in more than 40 communities since launching last week

Provincial Health Officer Dr. Bonnie Henry talks about B.C.’s plan to restart the province during a press conference at Legislature in Victoria, Tuesday, May 25, 2021. THE CANADIAN PRESS/Chad Hipolito
Interior Health COVID-19 cases falling slower than the rest of B.C.

More than a third of provincial cases announced Thursday came from the Interior

A tent housing a mobile vaccination clinic. (Interior Health/Contributed)
Second dose vaccinations accelerating throughout region: Interior Health

To date, more than 675,000 doses have been administered throughout the region

The border crossing into the United States is seen during the COVID-19 pandemic in Lacolle, Que. on February 12, 2021. THE CANADIAN PRESS/Paul Chiasson
VIDEO: Border quarantine to soon lift for fully vaccinated Canadians

Eligible travellers must still take multiple COVID-19 tests

Golden Ears Mountains, captured in May 2021. (Black Press Media files)
2nd year of day passes required for entry into 5 provincial parks launches in B.C.

Pilot program seeks to protect the environment by addressing visitor surges amid the COVID-19 pandemic

The former Kamloops Indian Residential School on the Tk’emlups te Secwépemc reserve. (Allen Douglas/Kamloops This Week)
Tk’emlups preparing for archaeological work at B.C. residential school site where remains found

The 215 graves are, to the band’s knowledge, undocumented deaths for which it is still collecting records

Fans watch the warm-up before Game 6 between the Toronto Maple Leafs and the Montreal Canadiens in NHL playoff hockey action Saturday, May 29, 2021 in Montreal. Quebec’s easing of COVID-19 restrictions will allow 2,500 fans to attend the game for the first time in fourteen months. THE CANADIAN PRESS/Ryan Remiorz
Two-thirds of Canadians say governments shouldn’t lift all COVID-19 restrictions

Poll reports Canadians who gained pandemic weight say they have gained 16 pounds on average

Paul Bernardo is shown in this courtroom sketch during Ontario court proceedings via video link in Napanee, Ont., on October 5, 2018. Teen killer and serial rapist Paul Bernardo is set for a parole hearing today. The designated dangerous offender, has been eligible for full parole for more than three years. Bernardo’s horrific crimes in the 1980s and early 1990s include for kidnapping, torturing and killing Kristen French and Leslie Mahaffy near St. Catharines, Ont. THE CANADIAN PRESS/Greg Banning
Killer rapist Paul Bernardo faces parole hearing today; victim families opposed

Designated dangerous offender has been eligible for full parole for more than three years.

People look over the damage after a tornado touched down in Mascouche, Que., north of Montreal, Monday, June 21, 2021. Dozens of homes were damaged and one death has been confirmed. THE CANADIAN PRESS/Ryan Remiorz
One dead and extensive damage as tornado hits Mascouche, Que., north of Montreal

Damage reported in several parts of the city, and emergency teams dispatched to sectors hardest hit

Chilliwack secondary school’s principal is apologizing after a quote equating graduation with the end of slavery in the U.S. was included in the 2020-2021 yearbook. (Screenshot from submitted SnapChat)
B.C. student’s yearbook quote equates grad to end of slavery; principal cites editing error

Black former student ‘disgusted’ as CSS principal apologizes for what is called an editing error

Skeena MLA Ellis Ross. (Photo by Peter Versteege)
BC Liberal leadership candidate condemns ‘senseless violence’ of Okanagan church fires

Skeena MLA Ellis Ross says reconciliation isn’t about revenge for past tragedies

A coroner’s inquest will be taking place at the Capitol Theatre in Port Alberni for the next week. (ELENA RARDON / ALBERNI VALLEY NEWS)
Teen B.C. mom who died following police custody recalled as ‘friend to many’

Police sent Jocelyn George to hospital after intoxication had gone ‘beyond the realm’ of normal detox

Most Read