B.C.’s carbon tax is simply the latest of many pollution-discharge fees the province has charged industry for more than 20 years. The fee system was originally touted as a way to reward industrial plant owners who voluntarily cut any taxed pollutants. But plant operators have rarely seen sustained reductions in their tax bills, even after they cut discharges.
That is because the province’s environmental protection costs must be “self-financed” through the pollution-fee system.
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Thanks to a hot resource-based economy, many small and medium-sized businesses in B.C. are seeing record growth in revenue and income. With all of these current opportunities for businesses, the focus has changed for many business owners: instead of working on getting more business, they struggle to manage the increasing volume.
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While the B.C. government is extensively promoting the benefits of its “green” private power agenda, BC Hydro customers – including businesses across the province – should get ready for a major sticker shock in the coming years. The era of cheap, publicly owned hydro is rapidly coming to an end.
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Look to emitters to address climate change.
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Featuring items like Need to Know and Big Ideas, the Business Sense section on BCBusiness Online brings you the best of
our ideas on how to conduct smart business, as well as the best of
your ideas. In Business Sense, we regularly invite you to contribute tips and business ideas, and always welcome your comments and lively discussion.
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An old friend of mine once joked: “What do you call a ‘rez entrepreneur?’” “I don’t know,” I replied, grinning. “Casino manager?”
“No,” he said, laughing. “A drug dealer.”
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B.C.’s bull run is trampling commercial property owners
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This "big idea" is all about getting real to retain and attract employees and customers.
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If someone suggested that you should invest in a business based on the production of spider-silk proteins by transgenic goats, you might feel that they were weaving a bit of a tangled web themselves.
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When industry starts brokering aboriginal deals, who wins?
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