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- The big picture is mixed. Several forces are converging to deny B.C. and the rest of the world a smooth COVID recovery. “The economy is improving because the pandemic is ebbing and the economy is reopening,” says David Williams of the Business Council of B.C.
- An economic rebound hides fundamental flaws. As of December, the BCBC forecast the province’s real GDP growth at 5 percent for 2021 and 4 percent this year, versus 4.3 percent for Canada as a whole.
- Inflation looks like it‘s here to stay. Anyone convinced that the current wave of inflation is a passing phase could be disappointed. After the Bank of Canada upgraded its year-average inflation forecast by a full percentage point, Williams says, the Consumer Price Index (CPI) rose 4.7 percent year-over-year in October.
- Interest rates have nowhere to go but up. Uncomfortably high inflation means that businesses should plan for rising interest rates, says Central 1’s Bryan Yu.
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A continuation of B.C.’s 10-year plan to build 114,000 affordable housing units by 2028. It is adding $100 million this year to accelerate the plan that so far has seen 32,000 rental units built or approved. More staff will be added to process applications under its $2 billion Housing Hub program, which provides low-interest loans to developers who...
There’s no new money beyond the base amount of funding for the Ministry of Mental Health and Addictions. However, the government will spend $1.2 billion over the next three years for housing and homelessness supports including the establishment of 20 new sites for the most difficult to house people who suffer from addiction and mental illness.
B.C.’s tourism sector will receive $25 million to continue recovery from the pandemic, with funding for non-profit arts organizations and to support the safe restart of fairs, festivals and events. Communities affected by the deferral of old-growth logging will be eligible under a three-year, $185 million fund for retraining, bridging to retirement...
- Daniel Chai
- Things to do in Summer. Vancouver Dragon Boat Festival 2022. What: The continent’s largest dragon boat festival includes the highly anticipated international dragon boat races on False Creek and free concerts and cultural programming on the 102.7 THE PEAK Main Stage.
- Canada Day Celebrations. Canada Together at Canada Place. What: The Vancouver Fraser Port Authority’s Canada Together at Canada Place is a massive event happening at the outdoor spaces of the landmark and venue, Jack Poole Plaza, and surrounding city streets.
- Cheer on the home teams. BC Lions. What: BC Lions are continuing the CFL season at BC Place this summer. Roar on the home team as they take on Toronto Argonauts on June 25, Hamilton Tiger-Cats on July 21, Saskatchewan Roughriders on August 26, and more.
- Bon Appetit. Fraser Valley Fruit Beer Festival. What: Fruit Beer Fest, taking place on Saturday, August 13 at Swangard Stadium, features live entertainment, a marketplace area with vendors, food trucks, and delicious drinks.
May 23, 2022 · In this Vancouver Travel Guide, we’ll share with you some of the best things to do in Vancouver while also sharing some tips on saving money, how to get around, where to stay, and more. Things to Do in Vancouver. Ride a Ferry. Take a Boat Tour. Rent a Seadoo, Kayak, or Paddleboard. Grouse Mountain.
6 minutes ago · The Site C dam project will next year increase electricity generation in the province by eight per cent, enough to power half a million more homes or 1.7 million electric vehicles per year.
Sep 9, 2021 · Vancouver is on the southwest coast of British Columbia, Canada's most westerly province. It is about a three-hour drive from Seattle, Washington.
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Apr 15, 2024 · Join our team of locals and discover the best things to do in Vancouver: must-sees, must-eats, indoor, outdoor, events + epic insider tips.
