- Business Advantage
On October 26, 2017, the British Columbia legislature passed the sections of Bill 2: The Budget Measures Implementation Act which terminated 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.
On Thursday, September 21, 2017, the Canada-European Union Comprehensive Economic and Trade Agreement (CETA) provisionally comes into force.
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.
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.
Vancouver is rapidly climbing the ranks of the world’s financial centres – from 33rd on the Global Financial Centre Index in 2008 to the 17th in 2017.
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.