Monthly archive for July 2020

Surrey’s Top 25 under 25 Award Winners have been selected by the Surrey Board of Trade.Winners will be celebrated at a digital reception celebrating the recipients of the 10th Annual Surrey’s Top 25 Under 25 Awards, an event that celebrates the incredible initiatives of Surrey’s youth 25 years old or younger. The 25 winners

Today, the Conference Board of Canada (CBoC) released its report, A Rising Tide: The Economic Impact of B.C.’s liquefied Natural Gas Industry.“Without much needed investment in infrastructure projects, our economy will not be able to recover to its fullest potential,” said Anita Huberman, CEO, Surrey Board of Trade. “Efficient and effective investment into natural resource

A staggered, proactive return plan for reopening indoor sport facilities is needed in Surrey. The plan is being substantially delayed, in contrast to other BC municipalities and other provinces, especially considering the fact that in BC all provincial requirements regarding facility operations resumption were developed in May and implemented by sport organizations accordingly.“Indoor sport

The City of Surrey approved a 2020 budget that substantially increased the property taxes paid by all Class 4 major industrial businesses.“Surrey has the greatest number of manufacturers in BC,” said Anita Huberman, CEO, Surrey Board of Trade, “but these insurmountable tax increases on top of pre-COVID-19 and during COVID-19 induced economic slowdown has

Today, Canada’s Minister of Finance Bill Morneau announced the government’s proposed legislative changes to the Canada Emergency Wage Subsidy (CEWS) as part of a bill that will be debated next week when the House of Commons sits. Some details:1. The CEWS will be extended until December 19;2. Will include employers with a revenue decline of less

BC Minister of Labour Harry Bains presented legislative change to the Workers Compensation Act – Bill 23 – in Legislature today detailing many changes to benefit businesses and their workforce.“The Surrey Board of Trade is one of 9 entities on the Premier’s COVID-19 Economic Recovery Task Force,” said Anita Huberman, CEO of the Surrey

Today, BC’s Minister of Finance Carole James provided a Provincial Government deficit snapshot. This operating deficit is estimated to be $12.524 billion CAD as a result of reduced revenues due to the economic shut down and stimulus spending via the BC Temporary Rental Supplement (BC-TRS) Program, BC Emergency Benefit for Workers, Child Care for Essential

A national coalition of businesses, unions, professional organizations, including the Surrey Board of Trade, and Indigenous advocacy organizations has joined together to draw up a blueprint for Canada's economic recovery as the country emerges from the COVID-19 crisis. The Task Force for Real Jobs, Real Recovery includes 23 member organizations from the energy, manufacturing, transportation, forestry, construction

For June 2020 Labour Force StatisticsThe Surrey Board of Trade, in conjunction with Human Capital Strategies, as part of our role to inform businesses and policy-makers and track economic recovery from the pandemic, release the July 2020 edition of the 'Surrey Business Leadership Perspective on the BC Labour Force Survey.Data from Statistics Canada's Monthly Labour Market Survey has

Today, Canada’s Finance Minister Bill Morneau provided the federal fiscal snapshot. It was forecasted that the deficit is estimated at $343.2 billion as a result of reduced revenues due to the economic shut down and additional, unexpected stimulus spending to support residents and businesses. This snapshot is based on a private sector forecast and alternative