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September, 2016 | Northern BC Business
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Ottawa green lights natural gas pipeline in B.C.

Ottawa is moving ahead with a liquefied natural gas pipeline that could provide Alberta’s oil and gas industry with some hope to turn around the plunging economy. The LNG project will result in 19M tonnes of liquefied natural gas exported to lucrative markets in Asia every year. Click here to read in new tab

Press Release: New Regional Effort Aims to Establish Cascadia Innovation Corridor

Seattle and Vancouver, the two cities at the heart of the new initiative, share a number of complementary strengths. These include a high quality of life, diverse communities, skilled and well-educated workforces, and strong economic and social ties to Asia. And yet, according to a new Boston Consulting Group (BCG) study released at the conference, the level of connectedness between the two cities remains remarkably low for two cities so close together. While only 120 […]

OECD cuts Canada’s economic growth forecast as global economy slows

In its September outlook, the agency downgraded its 2016 global GDP growth forecast to 2.9 per cent from the 3 per cent it predicted in June and following a 3.1-per-cent average economic expansion worldwide in 2015. It said average worldwide GDP growth of less than 4 per cent challenges governments’ capacity to make good on commitments to society in areas such as public pensions. (Toronto Star) Click here to read in new tab

B.C.’s economic buffer in the energy downturn: real estate

“The Canadian Real Estate Association estimates that every MLS home transaction in B.C. leads to $62,000 in extra expenditures. Those who derive their incomes from the real estate and home-building industries are also likely to keep their wallets open when times are good. ” (Business in Vancouver) Click here to read in new tab

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