The Surrey Board of Trade has released its Federal Housing Initiatives Survey Results report providing comments in response to the consultation on confronting the financialization of housing. Following the Federal Government’s recent announcements of new actions designed to lower the cost of housing, SBOT sought to ensure that the business community’s perspective is considered in…
Monthly archive for December 2024
The Surrey Board of Trade welcomes the measures in the 2024 Fall Economic Statement aimed at spurring innovation and investment. However, concerns remain about Canada’s economic competitiveness and the lack of measures to address the growing federal deficit, which risks long-term economic stability.“Surrey businesses are feeling the pressure of an underperforming economy and a…
The Surrey Board of Trade (SBOT) supports the Federal Government’s actions to end the strike by 55,000 Canada Post workers. Prolonged postal disruptions are hurting Surrey’s businesses, particularly small and medium-sized enterprises, which rely on timely deliveries and payments to stay competitive.“This strike has caused major challenges for Surrey’s businesses and non-profits that rely…
The Surrey Board of Trade’s December 2024 Labour Market Intelligence Report has been released, outlining Surrey’s labour market outlook for November 2024. This month’s report includes a special snapshot on Surrey’s labour force trends from 2011 through 2024.As of November 2024, the growth in employment by broad occupational category in Surrey since November 2023…
The Surrey Board of Trade applauds the Provincial Government’s enhanced tax incentives for British Columbia’s film and TV sector, designed to attract major productions and retain thousands of skilled, high-paying jobs.“These increased incentives solidify BC’s position as a global leader in the creative industries,” said Jasroop Gosal, Interim Spokesperson and Policy & Research Manager…
This year, Black Friday retail spending surged by 29% compared to the previous week and 11% over 2023. Cyber Monday spending followed suit, up 13% week-over-week and 10% year-over-year. These figures reflect a notable recovery from last year’s flat year-over-year performance.“Consumers are clearly taking advantage of major sales events to stretch their dollars further…
The Surrey Board of Trade is calling for urgent government action to address the escalating issue of copper theft, which is causing significant disruptions to telecommunications services, businesses, and public safety across Canada.“Copper theft is more than an economic crime; it is a public safety crisis,” said Jasroop Gosal, Interim Spokesperson for the Surrey…
Health Canada released the findings of the 2024 Canadian Cannabis Survey (CCS), as they reflect significant progress in achieving the public health and safety goals of cannabis legalization. These results underscore the positive outcomes of a regulated cannabis market and support for municipalities embracing legal cannabis retail as part of their economic and social strategies.…
Surrey and White Rock’s business communities gave generously at the Surrey Board of Trade and South Surrey & White Rock Chamber of Commerce’s annual Seasonal Sizzle Business Reception on December 5th. The event raised $10,821 and 702 lbs of food for the Surrey Food Bank, in partnership with The Full Cupboard. Over 500 business people…
Metro Vancouver’s recent decision to review its services and seek cost efficiencies as part of its 2026 budget process represents a critical opportunity to balance affordability and infrastructure needs in one of Canada’s fastest-growing regions. The Surrey Board of Trade (SBOT) welcomes this proactive approach, recognizing its potential to strengthen fiscal responsibility while ensuring that…
