Meeting on areas of common interest on economic growth and job creation, British Columbia Premier Christy Clark and Alberta Premier Alison Redford agreed to work together for the benefit of British Columbians and Albertans.

"Both Alberta and British Columbia benefit when we work together to grow the economy and create jobs," said Premier Clark. "As the economic powerhouses of Canada, it's in the national interest for us to succeed."  Continue reading

 Housing starts in British Columbia's urban areas1 were trending at 21,980 units in May compared to 22,093 in April according to Canada Mortgage and Housing Corporation (CMHC). The trend is a six-month moving average of the monthly seasonally adjusted annual rates (SAAR)2 of housing starts.

"The housing starts trend in British Columbia recorded little change in May compared to April. The trend has been stable during the past few months with slightly higher levels of single-detached construction offsetting fewer multiple-family starts," said Carol Frketich, CMHC's Regional Economist for British Columbia. Continue reading

The U.K.’s BG Group Plc has unveiled plans to export the equivalent of one-quarter of Canada’s current daily natural gas production from a British Columbia terminal starting in 2021. The company, whose Canadian office is in Vancouver, has no reserves nearby.

The contradiction of an exporter with no gas has emerged as energy giants BG, Imperial Oil Ltd., Nexen Inc. and Australia’s Woodside Petroleum Ltd. join the growing queue of companies willing to spend billions on liquefied natural gas projects in order to capture higher prices overseas. continue reading