2017 State of the Island Economic Summit Series

2017 a milestone year in the history of Seaspan Ferries

October 20, 2017 - 10:56am

When a longstanding company achieves a milestone, it is cause for celebration. When an organization like Seaspan, that has been passionately delivering the best marine transportation solutions up and down the West Coast of Canada since 1886, can proudly say “we made history,” it represents something very special.

2017 will long be remembered as a milestone year in the history of Seaspan Ferries Corporation (SFC).

Truth or Consequences

October 11, 2017 - 1:34pm

In a broiling sea of information, how do people separate what is fake from what is real? In a recent Ipsos poll, data showed that a majority of Canadians (65%) have, at some point, believed a news story that they subsequently discovered was false. The rise of fake news has matched a decline in the public’s trust in media, but also in community organizations, business and government. The Edelman Trust Barometer has seen public confidence in these groups drop to an all-time low.

Addressing Poverty – Building Human Capacity and Economic Prosperity

October 3, 2017 - 12:32pm

The statistics are shocking. The child poverty rate in Canada is 14%, the child poverty rate in BC is 20% and the child poverty rate on Vancouver Island is 21% and in the central Island, nearly 23%. A 2009 study by CPABC found that poverty in BC costs society between $8.1 and $9.2 billion a year—or between 4.1 and 4.7 percent of the provincial economy (as measured by GDP) in costs to the health care and justice systems, and in foregone economic activity.

Record employment growth drives the Island’s greatest job creation rate since 2010

September 13, 2017 - 10:53am

According to CPABC Regional Check-Up, an annual economic report by the Chartered Professional Accountants of British Columbia, population growth, a rise in tourism, and a robust and diversified economy contributed to record employment growth on Vancouver Island in 2016. Unemployment also fell to its lowest level since 2008. New jobs in Victoria represented 67.4 per cent of the 9,200 new jobs created in the Vancouver Island/Coast Development Region. Victoria’s impressive surge in employment propelled the area’s greatest job growth since 2010.

By: VIEA Contributors