BC Chamber highlights “missing business issues” in B.C. election
During the election period, the BC Chamber of Commerce has shone a light on “missing business issues” in election platforms and parties’ talking points.
In a May 2 news release, the BC Chamber identified that B.C.’s staggering infrastructure deficit, shaky near-term jobs outlook and outdated education system had been flying under the radar in the current election campaign.
“These are crucial and large-scale challenges for B.C.,” said John Winter, the BC Chamber’s president and CEO. “British Columbians need to hear clearly how each party’s candidates will address these issues before going to the polls.”
The Issues identified by the BC Chamber:
B.C.’s cash-strapped municipalities don’t have the resources to fund billions of dollars of needed repairs for crumbling roads, aging drinking water systems, and run-down wastewater and stormwater networks across the province. The Federation of Canadian Municipalities has estimated that Canada faces a $171.8 billion municipal infrastructure deficit in these four asset areas; the federal government’s new Building Canada plan won’t come close to covering that. B.C. election candidates have not addressed how the province will work with municipalities and the federal government to meet this challenge.
- Why it matters to B.C. businesses: Municipal infrastructure is crucial to business as it provides for the flow of goods and services throughout the province. Additionally, a lack of funding plan for significant municipal projects poses tax risks to businesses, which ultimately are penalized disproportionately by property tax hikes.
- Why it matters to all British Columbians: Well-functioning infrastructure is critical to British Columbians’ expected standard of living.
B.C. private-sector salaries are not competitive with many Canadian jurisdictions, including Ontario and Alberta. Election talk about skills training and LNG opportunities with a 20-year time horizon, while positive for business, doesn’t address if and how each political party would support the growth of high-paying B.C. jobs now. The BC Chamber calls on B.C.’s political parties to clearly map out how they plan to support B.C. companies and drive the growth of good, high-paying jobs in the near term – for both the resources sector and the services sector.
- Why it matters to B.C. businesses: Supporting businesses’ growth so they can create higher-paying jobs province-wide will build B.C.’s economy and business opportunities.
- Why it matters to all British Columbians: High-paying jobs will improve British Columbians’ standard of living. In addition, greater economic wealth in B.C. will help fund B.C.’s hospitals, schools and social programs.
B.C.’s education system is failing to turn out the skills and attitudes that will make British Columbians successful in the long-term. The problem isn’t about validating the trades as an alternative to university education – an important but separate issue. The core challenge is the need to re-invent B.C.’s education system for the needs and opportunities of a new century, moving away from rote-learning models. The challenge is also to encourage a life-long learning model that teaches British Columbians how – and why – to pursue constant retraining throughout their careers to handle rapidly-changing workplace demands.
- Why it matters to B.C. businesses: There’s a clear disconnect between the skills and attitudes that B.C. schools (secondary through post-secondary) cultivate and what employers need, including gaps in literacy and essential skills. Reforming B.C.’s education system is key to driving economic growth in the province and strengthening B.C.’s role in the global economy.
- Why it matters to all British Columbians: Education is a key means for raising wages and living standards throughout the province.
Winter emphasized that the economy is top-of-mind for voters in this election and called on B.C.’s political parties to clearly state how they plan to address these critical issues.
“For an election that’s supposedly all about the economy, it’s troubling that parties aren’t tackling these crucial topics,” he said.