Economy

BC unemployment rate surges to 6.7% (updated)

Mar 13, 2009
The hurt is on. After jumping to 6.1% in January, the ranks of BC’s unemployed swelled by 14,200 in February, pushing the unemployment rate to 6.7%, its highest level in five years. Given that February is the shortest month of the year, one can only imagine how bad things would have gotten had it been… View Article

Following the money in BC communities

Mar 12, 2009
It is one of those publications that few media outlets will report on, and even fewer British Columbians will read, but BC Stats just released the latest version of its Local Area Economic Dependencies, updated based on 2006 census data. This publication basically asks where the income in various BC communities comes from. In many… View Article

Bioenergy – Catching on like a house on fire or set for slow burn?

Mar 11, 2009
As the global economic meltdown and in particular the US housing market collapse continues to savage BC lumber producers, government leaders boldly predict that wood-fired energy – “bioenergy” – will ride to the rescue of a shell-shocked industry and brutalized rural, resource towns dealing with soaring unemployment rates. February’s Speech from the Throne is a… View Article

Pining for some straight talk

Mar 6, 2009
BC Forests Minister Pat Bell grabbed plenty of headlines this week when he said that the threats posed to resource communities by the mountain pine beetle infestation may be overstated. Stories about a rapid deterioration in the quality of trees attacked by the beetles, Bell suggested, are wrong. In fact, the minister said, he expects… View Article