The Surrey Board of Trade is cautiously optimistic that US President Trump has decided to pause the implementation of 25% tariffs across the board and 10% tariffs on energy. While this does provide some reprieve, we still need to stand ready if and when tariffs are implemented.Canada has committed to implementing a $1.3 billion…
Categorized Under Transportation
The Surrey Board of Trade is deeply disappointed in the United States’ announcement that 25% tariffs on Canadian imports and 10% tariff on energy will take effect on Tuesday, February 4. The President has decided to not only tarnish the historic and deeply interconnected relationship that Canada and the United States have had, but to…
The Surrey Board of Trade released the results of its annual Surrey Roads Survey today.“We need planning and action that anticipates needs and that results in infrastructure construction well in advance of increased demand, not long after the capacity is exceeded,” said Jasroop Gosal, Interim Spokesperson and Policy & Research Manager of the Surrey …
The Surrey Board of Trade applauds the Federal Government’s commitment to public transit through the Canada Public Transit Fund (CPTF), which will provide TransLink with up to $663.7 million over ten years, from 2026 to 2036. This funding aims to support the development of sustainable, inclusive, and accessible transit systems across Metro Vancouver.“The allocation…
Surrey, BC – The Surrey Board of Trade (SBOT), representing over 3,000 businesses, strongly supports the City of Surrey’s South Campbell Heights Local Area Plan and the associated Zoning By-law Amendment.The plan is critical for addressing the industrial land shortage that has constrained business growth and investment in Surrey and across the Metro Vancouver…
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 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…
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…
Surrey, BC – The Surrey Board of Trade (SBOT) is raising alarms about British Columbia’s 2023 GDP growth being disproportionately driven by government spending, according to the recently released GDP highlights report from the BC Government.“Economic growth anchored on government expenditure is not sustainable in the long term,” said Jasroop Gosal, Interim Spokesperson for…
US President-elect Donald Trump’s proposed 25% tariff on all imports from Canada threatens to disrupt the robust economic relationship between the two countries, with severe implications for Surrey’s business community. Surrey, home to the most manufacturers in BC and a significant number of import-export reliant companies, could see increased costs, reduced competitiveness, and potential job…