Jun 17 2016

Globe and Mail: To stay competitive, Canada must throw open the banking window

Around the world, we see countries that are introducing more flexibility to the hours during which inter-bank payments can be made. Canada’s reputation as a desirable jurisdiction for international commerce could be compromised if we do not give our financial institutions the tools to match the service that can be found in other countries.

Apr 26 2016

Standard and Poor’s affirms B.C.’s AAA-stable credit rating

Standard and Poor’s has affirmed British Columbia’s AAA credit rating and stable outlook, praising the Province’s strong economy, budgetary and fiscal performance, Finance Minister Michael de Jong announced today.

Apr 19 2016

Video: A discussion on doing business in China

On October 27th a panel of experts made up of Stewart Beck, president and CEO of the Asia Pacific Foundation, Colin Hansen, president and CEO of AdvantageBC, and Ananth Krishnan, national head of business development, global trade and receivables finance for HSBC Bank Canada, joined fellow business leaders and entrepreneurs at the 2015 BCBusiness Doing Business in China Breakfast event, presented in partnership with HSBC.

Mar 29 2016

Canada Ranks 2nd Among 10 countries for Cost Competitiveness: KPMG Report

Accounting giant KPMG says Canada has proven to be second most competitive market in a comparison test of 10 leading industrial countries. In its report, KPMG says Canada lags only behind Mexico when it comes to how little businesses have to pay for labour, facilities, transportation and taxes.

Jan 22 2016

B.C. enters world’s third-largest capital market with Panda bond issue

The Province of British Columbia, Canada, issued its first Panda bond in China’s domestic bond market Jan. 21, 2016, officially accessing one of the world’s largest capital markets and strengthening relations with a key partner in the Asia-Pacific region.

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Did you know?

  • BC has some of the lowest corporate taxes in North America.
  • British Columbia is one of the top two designated financial centres in Canada.
  • The IBA Program includes a personal income tax incentive for international employees.
  • Vancouver is among the top-10 wealth management centres in the world.
  • BC has a lower tax rate than Hong Kong and Singapore.