Month: February 2021

Last summer I got out of Vancouver and toured northern BC. While the trip was mostly for pleasure, my inner economist could not resist some industrial tourism and visits to resource towns and major industrial sites that are the heart and soul of BC’s resource economy. Forestry dominates near Prince George, fishing at Prince Rupert,… View Article

The residents of Fort Nelson know better than most rural British Columbians about the harsh economic realities of resource dependency. It is now 13 years since the forest industry ditched the community in dramatic fashion when Canfor Corp. ceased all its local operations in the region and closed its plywood and oriented strand board (OSB)… View Article

Recently, two Ontario-based Real Estate Investment Trusts (REITs) purchased 15 Vancouver apartment buildings for $292 million from Hollyburn Properties. Tenants in those buildings, totaling 614 units, now face a massively elevated risk of being evicted by absentee landlords so that higher rents can be charged to new tenants.  Tenants should be concerned because of a… View Article

As British Columbians are discovering everywhere, one of the greatest and most pressing challenges posed by climate change is drought. Consider just three examples. On Vancouver Island, pulp and paper producer Catalyst Paper pumped massive amounts of water from Cowichan Lake into the Cowichan River in 2019 to boost the river’s water levels. It was… View Article