Extended payment settlement hours will create a more favourable environment for Canadian financial service companies to compete in a changing global marketplace as well as enhance Canada’s position to capture future business opportunities in Asia.

On October 26, 2017, the British Columbia legislature passed the sections of Bill 2: The Budget Measures Implementation Act which canceled the International Business Activity (IBA) Program. While the IBA Program was one of the attractive features of doing international business from British Columbia, it is by no means the only advantage that captured the attention of international executives. AdvantageBC will continue to promote British Columbia as a favourable location for international business.

WATCH THE VIDEO: Ambassador Don Campbell discusses opportunities within CETA for Canadian businesses.

On Thursday, September 21, 2017, the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) provisionally comes into force.

The Province of BC and AdvantageBC have prepared a central source of information, a RMB Toolkit, to assist corporates to learn, prepare and communicate with the industry on this important development.