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  #41  
Old 07-12-2010, 03:40 PM
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AEL AEL is offline
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And would you look at this neat article posted by the Government of BC!



Positive Economic Indicators
June 24, 2010
Wages in B.C. compared with Canada
In May 2010, B.C.'s average weekly wage was nearly $829, third highest in Canada. The average weekly wage has risen by almost $181 – or 28 per cent - since 2001, when it was $648.
(BC Stats)

The average hourly wage in B.C. during May 2010 was $22.97 - more than 2.8 times the minimum wage, and a 28 per cent increase compared with 2001's average of $17.98. For B.C. youth under 25, the average hourly wage was $13.17 – third highest in Canada.
(Statistics Canada)

A British Columbian who earns the average weekly wage of $829 makes almost $9,400 per year more today, before taxes, than they would have in 2001, when the average weekly wage was $648.



CURRENT FIGURES
Major construction projects in B.C. at unmatched levels
An unprecedented 896 major construction projects, worth an estimated record of $191 billion, were planned or underway in British Columbia during the first quarter of 2010. The number of proposed projects, 547, is also an all-time high. Since 2001, the number of projects has nearly tripled, and their value has more than quadrupled.
(Ministry of Small Business, Technology and Economic Development, Major Projects Inventory, March 2010 Edition)

Building permits on the rise
According to Statistics Canada, the value of building permits issued in British Columbia during April 2010 was $676 million, a 77 per cent increase compared with April 2009. Residential building permits are up by 91 per cent over last year.
(Statistics Canada, Building Permits, April 2010 Issue)

New housing start growth tops in Canada
The CMHC reports than British Columbia is the Canadian leader when it comes to housing start growth. From January to May 2010, almost 9,400 new housing units broke ground in B.C., an increase of more than 120 per cent compared with the first five months of 2009.
(Canada Housing and Mortgage Corp., May 2010 Preliminary Housing Starts Index)

B.C. forecast to lead Canada in new home starts
In the latest Housing Market Outlook, released in May, the Canada Mortgage and Housing Corp. has forecasted British Columbia to lead the country in new housing starts this year with a 42 per cent increase.
(Canada Mortgage and Housing Corp., Second Quarter 2010 Housing Market Outlook)

Conference Board forecasts B.C. to lead Canada in growth in 2010
In its Spring 2010 Provincial Outlook, the Conference Board of Canada forecasts B.C. will record 3.8 real GDP growth this year, an increase from the previous forecast and tied for first in Canadian growth. In 2011, British Columbia is expected to have the second highest housing start growth just behind Newfoundland and Labrador.
(Conference Board of Canada, Spring 2010 Provincial Outlook)

BMO forecasts GDP growth
B.C. is experiencing a sustainable recovery and, along with Western Canada, is set to outperform the rest of the country this year and next, according to BMO Capital Market’s latest Provincial Monitor. BMO forecasts B.C.’s real gross domestic product will grow by 3.9 per cent in 2010 and 2011, fuelled by strong domestic demand, a “furious rebound” in housing sales, and high commodity prices.
(BMO Capital Markets Provincial Monitor)

British Columbia to lead nation in job creation
In their latest provincial forecasts, the Royal Bank of Canada, CIBC, TD, Scotiabank, and the Desjardins Group are all projecting that British Columbia will lead Canada or be in the top three in job creation in 2010.

Economic recovery spreads to labour force
According to Statistics Canada, B.C. has gained 36,000 jobs so far in 2010 – third highest rate of growth in Canada after Prince Edward Island and Newfoundland & Labrador. The unemployment rate has fallen to 0.8 percentage points to 7.5 per cent for May.
(Statistics Canada, Labour Force Survey: May 2010 Edition)

Help Wanted in British Columbia
In the May edition of its Metropolitan Help-Wanted Index, the Conference Board of Canada reports that all three of British Columbia’s census metropolitan areas (CMA) – Abbotsford, Vancouver and Victoria – have positive near-term employment prospects. More than half of Canada’s 27 CMAs experienced a decline in their May Help-Wanted Index.
(Conference Board of Canada, Metropolitan Help-Wanted Index: May 2010)

Manpower Canada reports positive hiring climates right across B.C.
Manpower Canada’s latest quarterly Employment Outlook Survey has good news for B.C. job seekers. This global employment agency reports positive hiring climates in all five of their B.C. survey areas – Burnaby-Coquitlam, Richmond-Delta, Surrey, Vancouver, and the Victoria region – for the third quarter of 2010.
(Manpower Canada, Manpower Employment Outlook Survey: Third quarter 2010)

Vancouver’s economic growth expected to lead Canadian cities
Vancouver’s economy is set to grow by four per cent in 2010, faster than any other city in the country, according to the Conference Board of Canada’s latest Metropolitan Outlook. The same report has Victoria recording Canada’s fourth highest rate of growth.
(Conference Board of Canada, Metropolitan Outlook Spring 2010)

Retail sales climbing steadily
Seasonally adjusted retail sales in British Columbia during the first quarter of 2010 were worth more than $14.5 billion, up by 9.4 per cent compared with the same time in 2009.
(Statistics Canada: Retail Trade report, March 2010)

Business confidence on the upswing
The Canadian Federation of Independent Business reports the confidence of B.C.’s small and medium business rose again in May, is above the Canadian average, and is 10 points higher that it was a year ago.
(Canadian Federation of Independent Business, May 2010 Business Barometer Index)

Vancouver small business most optimistic
Of small business owners surveyed in three Canadian cities, those in Vancouver are most confident that their businesses’ financial position will improve, according to American Express, which tracks attitudes of Canadian small business. For the first time, the quarterly Small Business Index examined differences among cities and found that 64 per cent of businesses in B.C.’s largest city were optimistic, compared with 40 per cent in Toronto and 61 per cent in Montreal.
(American Express Quarterly Small Business Index)

Financial institutes bullish on B.C.’s economic recovery
Leading Canadian financial institutions – including the Desjardins Group, the Royal Bank of Canada, Toronto Dominion, CIBC, BMO and Scotia Bank – are forecasting B.C. to either lead Canada or be near the top in GDP growth this year.

B.C.’s top credit rating reconfirmed
The Dominion Bond Rating Service, Standard & Poor, and Moody's Investment Service have all reconfirmed B.C.'s strong credit rating. The most recent report from Moody's notes the Province's significant debt reduction efforts of the past few years have put British Columbia in a stronger position to face the economic downturn. DBRS rates B.C. AA(High); Standard & Poor, AAA; and Moody's, AAA.

Prince George and Vancouver earn top marks in KPMG survey
Both Vancouver and Prince George were awarded top spots in KPMG’s 2010 Competitive Alternatives report. Prince George was ranked as having the most competitive business costs of any jurisdiction in KPMG’s 13 city Pacific U.S. Canada survey area. In a comparison of 41 international cities with populations of more than two million people, Vancouver skyrocketed from 21st to fifth overall in business costs and was ranked first for tax competiveness. KPMG cites “continued federal and provincial corporate tax rate cuts and the upcoming change to the Harmonized Sales Tax (HST)” for Vancouver’s ascendency.
(KPMG, Competitive Alternatives 2010)

B.C. continues to record strong population growth
For the second consecutive quarter, British Columbia was Canada’s leader in proportional population growth. From October to December 2009, B.C.’s population grew by nearly 14,300 people, including more than 9,200 immigrants, and now totals 4,494,232.
(Statistics Canada, Quarterly Demographic Estimates: October to December 2009)

B.C.'s housing sales continue positive rebound
The British Columbia Real Estate Association reports there were almost 26,700 residential home sales during the first four months of 2010, a 47 per cent increase over 2009 sales numbers. In 2009 more than 85,000 homes changed hands in British Columbia, a 23 per cent increase over 2008’s sales figures.
(B.C. Real Estate Association, April 2010 MLS Sales Report)

Forest industry ramps up production
Statistics Canada is reporting that lumber production in British Columbia is on the ascendancy. During the first quarter of 2010, lumber production in British Columbia increase by more than 25 per cent compared with 2009 to reach 6.6 million cubic metres. Exports are also up – by 23 per cent over 2009 numbers. (Statistics Canada: Sawmills Service Bulletin, March 2010)

British Columbia remains a box office leader in film and TV production
According to the BC Film Commission, spending on television and film production in British Columbia topped $1.3 billion during 2009, up by more than $100 million over 2008. With 2009’s increase, B.C. remains firmly established as North America’s third largest television and film production centre.
(BC Film Commission: 2009 Production Statistics package)

Shipping tonnage way up
Both the Port of Prince Rupert and Port Metro Vancouver are reporting that shipping volumes so far in 2010 are well above 2009 levels. Over the first four months of this year, 31.4 million tonnes of cargo has passed through Port Metro Vancouver, 19.5 per cent more than 2009. Included in this number was outbound tonnage that was up by 20 per cent. The Prince Rupert Port Authority reports more than 5.2 million tonnes went through their facilities from January to April, an increase of 48 per cent compared with the same time last year.
(Port Metro Vancouver: Cargo Statistics Report, April 2010 and Prince Rupert Port Authority: Monthly Traffic Summary, April 2010)

Vancouver grows in stature as a global financial centre
Thanks to Canada’s strong and stable banking sector, Vancouver’s ranking in the latest City of London’s Global Financial Centres Index rose by six places. Released in March 2010, the new Global Financial Centres Index places Vancouver ahead of jurisdictions such as Dubai, Amsterdam, the British Virgin Islands, Montreal, Seoul and the Cayman Islands.
(City of London, The Global Financial Centres Index 7)

China grants Canada approved destination status
In December 2009, China granted Canada approved destination status, allowing tour operators and travel agents in China to advertise and organize tours in Canada and British Columbia. Approved destination status could increase Chinese tourism to B.C. by 25 per cent annually over the next few years.

Building relationships
From March 2001 to December 2009, close to 10,000 skilled and business immigrants were attracted to British Columbia through the B.C. Provincial Nominee Program. Last fiscal year alone, B.C. attracted 2,658 skilled workers and entrepreneurs – more than 6,200 new immigrants including family members.
(Ministry of Advanced Education and Labour Market Development)
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  #42  
Old 07-12-2010, 03:41 PM
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AEL AEL is offline
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sorry for the long post, i figured if i didnt put it right in front of him he wouldnt bother reading it.
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  #43  
Old 07-12-2010, 04:14 PM
Gravel Rat Gravel Rat is offline
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Quote:
Originally Posted by T_S_S View Post
sorry for the long post, i figured if i didnt put it right in front of him he wouldnt bother reading it.
You can't beleive those stats my uncle is in the business developement he says half of that is a bunch of **** just to make the Liberal gov't look good. The real world stats there are many people un-employeed that are living on their savings and NOT collecting un-employement insurance.

If B.C. gov't would tap into the billion dollar drug trade this province would be okay. There are many in around here that more money herb farming than anything else you can easily make 80-100 grand a year but it is illegal.

If it wasn't for Forestry-Fishing and Mining this province would be nothing.

Take away the overseas money and drug money from Vancouver the city would be flat broke. Vancouver has the largest gang problem in North America billions of dollars of drug money floats around Vancouver.
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  #44  
Old 07-12-2010, 04:29 PM
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bobcat_ron bobcat_ron is offline
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There's an ad in the local Real Estate paper here that shows on a $14 per hour wage, you can buy a $209,000 apartment fully furnished 2 bedroom with the works in Langley with only $10,000 down ($7000 if you are a first time property buyer) and $750+ monthly payments, not bad.
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  #45  
Old 07-12-2010, 06:58 PM
alco alco is offline
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Quote:
Originally Posted by T_S_S View Post
sorry for the long post, i figured if i didnt put it right in front of him he wouldnt bother reading it.
LOL......even if he did read it, it's not going to do any good. He won't believe it and will blame everything on the government anyhow. I hate to say it, but I think he's a little bit right about the government. They have caused a lot of problems and failed to remedy others, but it's not entirely their fault.....certainly not to the extent that he blames on them. I think the first thing they need to do is privatize BC Ferries, what a waste of money that crown corporation is to the taxpayers.
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  #46  
Old 07-12-2010, 07:18 PM
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Ozz Ozz is offline
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Quote:
Originally Posted by bobcat_ron View Post
There's an ad in the local Real Estate paper here that shows on a $14 per hour wage, you can buy a $209,000 apartment fully furnished 2 bedroom with the works in Langley with only $10,000 down ($7000 if you are a first time property buyer) and $750+ monthly payments, not bad.
Wow. And he makes 30 pus an hour.
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  #47  
Old 07-12-2010, 07:49 PM
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AEL AEL is offline
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Quote:
Originally Posted by alco View Post
LOL......even if he did read it, it's not going to do any good. He won't believe it and will blame everything on the government anyhow. I hate to say it, but I think he's a little bit right about the government. They have caused a lot of problems and failed to remedy others, but it's not entirely their fault.....certainly not to the extent that he blames on them. I think the first thing they need to do is privatize BC Ferries, what a waste of money that crown corporation is to the taxpayers.
lol Agreed! I cant believe that they waste tax money on that! From what i hear there employees just sit around eating donuts , and browse LS online all day! Imagine that.
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  #48  
Old 07-12-2010, 08:49 PM
nepatsfan nepatsfan is offline
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Quote:
Originally Posted by Gravel Rat View Post
You can't beleive those stats my uncle is in the business developement he says half of that is a bunch of **** just to make the Liberal gov't look good. The real world stats there are many people un-employeed that are living on their savings and NOT collecting un-employement insurance.

If B.C. gov't would tap into the billion dollar drug trade this province would be okay. There are many in around here that more money herb farming than anything else you can easily make 80-100 grand a year but it is illegal.

If it wasn't for Forestry-Fishing and Mining this province would be nothing.

Take away the overseas money and drug money from Vancouver the city would be flat broke. Vancouver has the largest gang problem in North America billions of dollars of drug money floats around Vancouver.
I get the impression that you are a glass half empty kind of guy
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  #49  
Old 07-12-2010, 08:56 PM
mxridernorth mxridernorth is online now
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GR's posts are like a train wreck. I just can't help myself from reading them. Then, when I do, I realize that I'll never get that ten minutes of my life back.

With the number of stupid posts that's like 170 (posts he actually started) * 10 minutes per thread = 28 hours of my life!!!

I don't even want to do the math about the ones where he just hijacked the thread....
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  #50  
Old 07-12-2010, 09:44 PM
Kepple Services Kepple Services is offline
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Do us all a favor please, take a .45 and eat one.. That would do us all a favor......As well as solve your problem.
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