- Business Advantage
- Tax Advantage
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.
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.
Vancouver is a key hub for the movement of people, goods and financial services between the Asia Pacific and the Americas.
Companies in BC that conduct qualified international business activities can enjoy tax benefits that make BC one of the world’s most competitive locations.
AdvantageBC International Business Centre (formerly the International Financial Centre British Columbia (IFC BC)) is a non-profit society with a mandate to promote international business in British Columbia.
Your business could be eligible for a refund of up to 100% of BC taxes paid on qualifying international business activities through the British Columbia International Business Activity (IBA) Program.
Vancouver is rapidly climbing the ranks of the world’s financial centres – from 33rd on the Global Financial Centre Index in 2008 to the 20th most important financial centre in the world in 2016.
With investment into our ports, airports, rail and road systems, Vancouver is state-of-the-art in the movement of goods through North America – one of the province’s key competitive advantages.
British Columbia’s location on the west coast of North America and Pacific Standard Time (PST) zone advantage makes it possible to do business with Asia, Europe, and North America in the same business day.
Learn more about Canada’s role as an offshore Renminbi (RMB) hub and how we can boost trade with China – Canada’s fastest growing export market.