Annual Report - Business Council of British Columbia
Transcription
Annual Report - Business Council of British Columbia
Annual Report Where Leaders Meet to Unlock BC’s Full Potential TA B L E O F C O N T E N T S MESSAGE FROM THE CHAIR ��������������������������������������������������������������������������������������������� 1 MESSAGE FROM THE PRESIDENT ������������������������������������������������������������������������������������� 3 2014 YEAR IN REVIEW: POLICY AND ADVOCACY������������������������������������������������������������� 7 POLICY PUBLICATIONS ����������������������������������������������������������������������������������������������������� 14 ADVISORY GROUPS AND COMMITTEES������������������������������������������������������������������������� 15 EVENTS������������������������������������������������������������������������������������������������������������������������������� 16 ANNUAL SPONSORS��������������������������������������������������������������������������������������������������������� 17 MEMBERS ������������������������������������������������������������������������������������������������������������������������� 18 NEW MEMBERS. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23 2014 EXECUTIVE COMMITTEE����������������������������������������������������������������������������������������� 24 2014 BOARD OF GOVERNORS����������������������������������������������������������������������������������������� 25 COUNCIL STAFF����������������������������������������������������������������������������������������������������������������� 28 Business Council of British Columbia 2014 ANNUAL REPORT BUSINESS COUNCIL OF BRITISH COLUMBIA: WHERE LEADERS MEET TO UNLOCK BRITISH COLUMBIA’S FULL POTENTIAL 2014 BC Business Summit opening keynote speakers the Honourable Jean Charest, former Premier of Quebec (right) and Leo de Bever, retired CEO of the Alberta Investment Management Corporation (centre) were joined by Globe and Mail Columnist Gary Mason (left) for a panel discussion. OUR MISSION Policy: We are the preeminent source for exceptional economic and public policy development that creates the environment for investment, growth and a competitive economy Leadership: We are the non-partisan catalyst that convenes our members and all government decision makers to collaboratively address problems and develop and implement policy solutions that grow the economy sustainably Advocates: With informed positions and the credibility of our membership, we are proactive and persistent advocates on the need for a competitive, growing and vibrant economy that attracts investment to meet our full potential Membership: We are funded and informed by an engaged membership of leading companies in every key sector of the economy that are committed to growing the province Business Council of British Columbia 2014 ANNUAL REPORT MESSAGE FROM THE CHAIR On a daily basis, the team of sought after policy and economic experts at the Council produce timely and exceptional public-policy research and commentary on the issues that will enhance BC’s competitiveness and prosperity. The Council has also become the convening place that is the catalyst for the right people to meet at the right time. This work positions the Council to be a vehicle for members, policy experts, elected officials and government decision makers to address problems and form solutions together in a collaborative, non-partisan manner to the benefit of our economy and the business communities we serve. Over 2014, examples of the Council’s leadership and collaborative approach to educate stakeholders and provide solutions that will enhance our economy include initiatives such as HQ Vancouver, BC Connects, Resource Works, Building BC for the 21st Century: A White Paper on Infrastructure Policy and Financing, assisting and convening the creation of a more stable and efficient port trucking environment, supporting education and economic literacy in our classrooms, the BC Business Summit and our work with the Aboriginal Business and Investment Council which was highlighted in The Vancouver Sun. Business Council of British Columbia British Columbia’s economy is diversifying, and so are the challenges being addressed by the Business Council. As I enter my second year as Chair, it becomes apparent that as the economy continues to innovate in new and exciting ways, the Council must continue to provide leadership in addressing the public policy implications and competitiveness challenges these new opportunities will present. As members of the Business Council, each of you and your organizations continue to play a vital role in supporting and directing this work, which contributes to a vibrant, diverse and sustainable economy. Your insights into the priorities and challenges your enterprises face as you look at ways to grow your investments in British Columbia are an essential component of your membership in the Council. If you are looking at new ways to engage, I would encourage you to attend a Roundtable, participate on a committee or offer your comments and expertise to be used in their policy publications or commentaries. Not only will your continued participation enrich the work of the Council, but it will enhance the overall value of your membership as you engage with your peers among the province’s senior business leadership to tackle, in a collaborative manner, these complex public policy matters. Next year, the Business Council will celebrate our 50th year as the preeminent business organization in the province advocating for public policy that supports the conditions to attract investment, and ultimately create economic prosperity for British Columbians. 2014 ANNUAL REPORT 1 This presents an opportunity for the Council to lead a conversation with you, our members and with the general public that will shape the future of our economy. This work will reflect on our collective strengths and competitive advantages while carving a path towards the public policy priorities important to the province’s long term social and economic prosperity. I would like to extend my sincere appreciation to our Executive Committee members and our Board of Governors for their ongoing commitment of time, ideas and resources to the Business Council. Your support is essential to the Council’s ability to make a positive contribution to the business and economic climate in our province. I look forward to continuing to work with all of you as we enter into the Business Council of British Columbia’s 50th Anniversary year. Thank you, Jonathan Whitworth Chair Participants on the 2014 BC Connects Tour to Dawson Creek visit an Encana natural gas fracking site 2 Business Council of British Columbia 2014 ANNUAL REPORT MESSAGE FROM THE PRESIDENT DIVERSITY-CHALLENGEOPPORTUNITY-URGENCY British Columbia by any measure is a diverse jurisdiction that offers advantages and complexities that we must comprehend and act on with greater urgency and clarity if our economy and business community are to achieve their true potential. While the province’s economy is built around the natural resource and energy sectors, it continues to expand and diversify through other sectors including transportation, tourism, Agri-food, manufacturing, technology, life sciences, apparel design, education, professional and financial services, construction and retail. Continuing to diversify, innovate, facilitate trade and attract capital and talent while ensuring a locally educated and productive labour force are keys to British Columbia’s future. These necessities come in the face of significant demographic shifts, currency weakness, energy market disruption, changing values and diminished confidence among our citizens in our processes, transparency and institutions. Against this backdrop, BC businesses and First Nations are collaborating with the result being economic reconciliation and greater inclusion in the economy. However, this work is complex and at times frustrating for all parties while taking place in the face of global competition for capital. Despite this progress there remains an urgent and significant need for more capacity, clarity and financial investment from our governments. Business Council of British Columbia This leadership in fulfilling the Crown’s fiduciary obligations to First Nations, as directed by the courts, is required for our collective goal of better understanding, reconciliation and greater clarity and certainty on the land. Within this complex and rapidly changing environment we will continue to advocate for the need to increase British Columbia’s competitiveness and economic prosperity through effective public policy. How we collectively manage the diverse set of opportunities and perspectives before British Columbia continues to be a significant focus of our work at the Business Council. OUR WORK British Columbia’s diversity is reflected in the range of issues we are engaged in on behalf of our membership. As noted in this Annual Report, we continue to drive informed policy advocacy and research in a myriad of areas that support a more competitive and growing economy and prosperous society. As a policy group, our research and advocacy generated over 55 articles and papers on issues that matter to BC and Canada’s prosperity and business climate. This was supported by our blog and social media activity to better leverage our ideas and provide a broad common fact base that resulted in hundreds of related print, radio and TV stories. Combined, this communications work sparked and informed debate, advancing solutions on issues from water policy, to the growth in Aboriginal business, to trade agreements, charitable giving, tourism, Asia, tax policy, housing, education, demographics, 2014 ANNUAL REPORT 3 technology, immigration. cross-border shopping and • HQ Vancouver, launched in February 2015, is a private-public partnership between the Business Council, the Provincial Government and the Government of Canada. The initiative seeks to leverage Canada’s and British Columbia’s strategic location and assets as the gateway to NAFTA and the Americas for rapidly expanding Asian and South Asian corporations seeking to establish their North American head offices in the Americas. Building on our strengths and broad Asian centric population, Vancouver and BC have the potential, in select industries, to build sector clusters that increase wages, support IP and SME development and enhance trade and capital flows. • The Business Caucus is comprised of over 30 senior business associations from across the economy. The Business Council initiated and provides the secretariat services for this leadership group that meets monthly. The goals are to better coordinate and leverage the voice of business; to understand common interests and collaboratively advance policy and issues; and to be an advocate for greater economic and financial literacy particularly As a convening centre for collaboration that helps to enable economic literacy and support economic growth, the Business Council has also launched several initiatives that are of strategic importance to the province’s economy: • • 4 Resource Works, launched in April 2014, brings British Columbians together for a respectful, fact-based dialogue on responsible resource development in the province and the connected nature of our urban and rural economies. As an initiative spurred out of the BC Agenda for Shared Prosperity (BCASP) project, Resource Works seeks to highlight how natural resources contribute to achieving the common economic and social prosperity goals British Columbians share. In one short year the organization has gained national acclaim as a respected and leading instigator of information, dialogue and awareness building among the broad population and thought leaders alike. BC Connects is another initiative born out of the BCASP project aimed at increasing economic literacy and awareness of the economic activity taking place in communities around British Columbia. The initiative toured over 100 community and thought leaders through Kitimat, Dawson Creek and around Port Metro Vancouver providing them with firsthand exposure to some of our most important sectors, their operations and their employees. Chair of the NEXT Leaders Council, Kim Logan, co-emcees the BC Business Summit 2014 Business Council of British Columbia 2014 ANNUAL REPORT through organizations that can impact the K-12 system. This year the group successfully supported the renewed funding of Junior Achievement. This spring we will conclude an education declaration supporting the need for greater collaboration of business and the education system with the goal of producing students that have a comprehensive understanding of the economy, sector operations and practices, entrepreneurship, and career options and associated skills and education requirements. Lastly, the BCBC calendar of events continues to deliver a diverse set of speakers in both large settings and intimate formats to provoke ideas and opportunities. These events included political leaders both past and present including Premier Christy Clark, Minister James Moore and the Honourable Jean Charest, economists and financial experts such as Don Drummond and Mark Wiseman and local and national business leaders. These platforms provide an opportunity for our members to engage in a diverse set of strategically significant conversations that impact their business and the province’s social and economic prosperity. Our Membership and Our 50th Anniversary The Business Council membership is growing and is the largest it has ever been, with a diverse set of committed members operating in every part of the province and our economy. Your continued support and participation provides the Council with the strength and foundation with which we continue to provide sound and relevant policy recommendations that will advance a competitive economy. From our original 30 members to today’s 261 we are excited to be preparing for our 50th year in 2016. As we anticipate this milestone the Business Council will be engaging our members to inform the question … What constitutes BC’s full potential in 2035 and what will be required to realize that future? Just as the golden spike signified our connection to Canada, opened trade and capital flows, introduced new technology and attracted immigrants and talent required to drive the economy, what fundamentals need to be present over the next 20 years to enable this same opportunity for tomorrow’s prosperity? How should we, as business, better collaborate and utilize our diverse natural, cultural and intellectual assets, while leveraging and reacting to new technology? How will we reconcile values and economic opportunity today and for the next generation? What will British Columbia’s contribution be to the federation? In the coming 18 months - with our members, with government, First Nations and others - BCBC will be asking big questions and advancing new ideas and policies which need to be considered to achieve a prosperous future for business and the people of BC. Business Council of British Columbia 2014 ANNUAL REPORT 5 We look forward to your input into this discussion that will help to shape the future work of the Business Council and contribute to British Columbia’s economic prosperity. On behalf of the team at the Council, we would like to thank our Chair, Jonathan Whitworth for his time, leadership and dedication to the Council. We would also like to express our thanks and appreciation to our Executive Committee members and our Board of Governors for their continued guidance and contributions to the Council. I would also like to thank the team at the Business Council who each day commit themselves to identifying solutions and opportunities that will drive economic prosperity for all British Columbians. This committed group of talented colleagues, through their ongoing dedication and leadership, drives the success of our organization. Herb Eibensteiner, Vice President and Chief Financial Officer and Tiffany Gorder, Administrative Assistant. British Columbia is a beautiful and diverse province poised to leverage future opportunities. With the support of the Business Council membership and through focus and collaboration, we can harness our diverse collection of assets to build a globally competitive province which will continue to provide the economic prosperity that is the foundation for all British Columbians, and one that creates a stronger society and a more successful country. Thank You, Greg D’Avignon President and CEO I would also like to acknowledge the important contributions from our former colleagues, Tom Syer, Vice President Policy and Communications, Premier Clark takes questions at the annual sold out Member Forum with the Premier in September 6 Business Council of British Columbia 2014 ANNUAL REPORT 2014 YEAR IN REVIEW: POLICY AND ADVOCACY Economic and Fiscal Policy Last year the provincial economy grew by 2.6 per cent (after-inflation). While this can be described as an average rate of growth, relative to many other jurisdictions BC enjoyed solid economic growth in 2014, coming in second among the ten provinces. In line with the steep drop in oil prices, the Canadian dollar began a sharp descent over the second half of 2014 and into early 2015, which helped to boost BC’s exports (up by around 7% in 2014). Retail spending also posted a healthy gain, pointing to improved consumer confidence. Somewhat puzzling is the soft labour market that prevailed throughout most of last year and into 2015. Fiscal restraint at both the federal and provincial government levels may have been a factor, but job growth was still weaker than expected in light of reasonably healthy macroeconomic conditions. The Business Council expects a broadly similar economic performance for BC in 2015, followed by a slightly stronger expansion in 2016. BC’s key export-oriented sectors – forestry, energy, mining, manufacturing, tourism, and other tradable services – are all benefitting as the US moves to a firmer growth path, although this is partly offset by slower growth in China and some other emerging economies. Non-residential construction activity should also contribute to overall GDP growth over the next couple of years. In 2014 we also saw the benefits of BC’s diverse economy. Diversity in both trading partners/ foreign markets as well as industrial structure is something we have long maintained is an important characteristic of BC’s increasingly resilient economy. The province has become Business Council of British Columbia less susceptible to the “boom/bust” cycles that were common in the past. A strong policy focus on the full range of economic development opportunities available in BC – not just in natural-resource based sectors – is particularly appropriate at a time when global commodity markets remain sluggish. The Business Council addressed a number of significant economic and fiscal policy files over the course of 2014 and into 2015. We continued to support the provincial government’s return to balanced budgets following an unavoidable move into deficits during and immediately following the 2008-2009 financial crisis. Against a backdrop of a modestly expanding economy, BC stands out within Canada for its careful stewardship of public finances and top-ranked credit rating. The provincial government is committed to running small operating surpluses over the period covered by its fiscal plan as recently updated in the February 2015 budget. Our 2015 pre-budget submission, published last fall, noted that the Business Council remains concerned about the province’s competitive position. We urged the province to explore options to mitigate the impact of returning to the Provincial Sales Tax (PST) in April 2013 - a step that has raised investment, production and tax compliance costs for many industries, including many of BC’s leading export sectors. As an initial step, we proposed broadening the sales tax exemption on business inputs beyond capital equipment used in the manufacturing and resource sectors. In 2015-16, we will be exploring longer-term options for sales tax reform in British Columbia. 2014 ANNUAL REPORT 7 The Business Council has generally been comfortable with the federal government’s fiscal strategy to eliminate the deficit by 2015, provided the economy continues to record at least modest growth in the vicinity of 2%. Slumping oil and gas prices represent a major challenge for Canada, inasmuch as energy accounted for one-quarter of the country’s merchandise exports and for 37% of non-residential capital spending in 2013. If the Canadian economy weakens further, we believe the federal government should stand ready to deploy its unmatched fiscal resources to provide some support to aggregate demand. In 2014 the Business Council published a paper titled: Building BC for the 21st Century: A White Paper on Infrastructure Policy and Financing. Its purpose was to examine the state of infrastructure in the province and explore options to strengthen future infrastructure financing and development. Modern and efficient infrastructure is an essential component of a globally competitive economy and is also essential to maintaining a high quality of life. Our paper contained recommendations organized under five broad themes and emphasized that record low interest rates make this an ideal time to borrow to invest in upgrading and building new infrastructure. Innovative approaches to infrastructure development and financing was the main theme of the Business Council’s 2014 Business Summit in November. The Business Council’s Task Force on Innovation and Productivity met twice in 2014 to help direct work on the elements of a provincial strategy for the 21st century. We expect to complete a ‘white paper’ on innovation and productivity by the end of 2015. 8 Labour, Employment and Human Capital The Business Council remains engaged with labour relations, employment policies, and human capital issues of interest to the membership. We strive to understand and influence government policy and regulatory decisions as they apply to the human resource challenges facing BC employers. Last year, the federal government restricted the number of temporary foreign workers permitted to enter the country. This created difficulties for many businesses, particularly in smaller communities. The restrictions resulted in some organizations turning to the Provincial Nominee Program (PNP) as a different means to source BCBC Chief Economist Ken Peacock speaks with Global BC reporter to discuss infrastrucuture policy and financing Business Council of British Columbia 2014 ANNUAL REPORT non-resident workers (including many at lower skill levels). The PNP program was primarily intended to streamline immigration for higher skilled individuals, and in our view this should be the focus of the program going forward. In 2015 the province announced a modest, staged increase in the minimum wage, along with a commitment to adjust the minimum wage every September in step with the rate of inflation. Indexing the minimum wage to track inflation is something the Business Council has advocated for a decade. Our Employee Relations Committee continues to meet every second month to discuss labour relations and collective bargaining developments, skills training, legal matters, WorkSafeBC policies and decisions, immigration, and other relevant human resource issues. These meetings usually feature a guest speaker and also provide a forum to review current issues. The Business Council’s Collective Bargaining Database and website were updated throughout 2014. This database provides information on collective bargaining outcomes and trends in British Columbia and covers virtually all collective agreements spanning the private and public sectors. The Industrial Relations Bulletin was published bi-monthly over the past year. Populated with data from the Collective Bargaining Database, this publication is the most comprehensive source of information on collective bargaining settlements in BC. We also continued to publish our Human Capital Law and Policy newsletter last year, with articles covering topical issues ranging from developments in employment law to skill shortages and trends in interprovincial migration. Business Council of British Columbia Environment A healthy environment is the foundation for a robust modern economy. British Columbia makes up 10% of Canada’s land mass with enormous contrasts and variations in a topography filled with natural assets that are a significant advantage, if they are managed well. The Business Council advocates for environmental policies, laws and standards that are sciencebased and aligned with the imperative for British Columbia to strengthen its competitiveness and diversify markets. Richard Dunn, Vice President of Encana, discusses their North East BC operations with BC Connects participants Year-over-year the Environment Committee continues to be the most active member grouping within the Business Council. It is a forum to exchange ideas, keep current on issues, and oversee more substantive work on a number of inter-related policy and regulatory initiatives advanced by governments. The Committee meets monthly except for July and August and holds special meetings or workshops, as required, in response to the continuously evolving nature of issues, policy and regulation in this domain. 2014 ANNUAL REPORT 9 To support learning and discussion, staff produce monthly issue updates that scan and summarize a wide range of local, regional, national and global environment-related topics, as well as a review of selected academic papers and think tanks reports. Increasingly, guest speakers participate in the Committee meetings in order to provide first-hand updates on issues – current and emerging. In 2014, five issues of the Business Council’s Environment and Energy Bulletin newsletter were published, covering the following topics: • A Look at Some Environmental Indicators • The LNG Opportunity in BC: Separating Rhetoric from Reality, Part 1 • The LNG Opportunity in BC: Separating Rhetoric from Reality, Part 2 • Compliance and Enforcement • Getting a Handle on the Environmental Goods and Services Industry Active outreach to members, other associations, representatives of environmental nongovernmental groups, and all levels of government continues to be an important part of gathering insight and improving understanding; it also assists developing positions on policy and regulatory changes. In 2014, the first in a series of interactive sessions with several Environmental NGOs was held, aimed at making connections and building greater understanding. A follow up session is planned for 2015. Climate change remains a significant issue for the Business Council and many of our members. Over the past year, the BC government continued to work on refining its climate policies and regulations; in early 2015, it committed to develop a new “Climate Action Plan 2.0” and appointed a Climate Leadership Team to provide advice on updating the province’s greenhouse gas emission reduction targets as well as other fiscal, policy and regulatory measures required to assist BC in meeting its stated goals in this area. The Business Council will be closely involved in this effort as part We also completed formal submissions to the provincial government on: • Administrative Penalties, • Spill Preparedness, and, • Water Pricing Staff represent Business Council interests on government advisory committees, undertake public speaking and presentations at external events, and provide input on initiatives proposed Jock Finlayson moderates a discussion with by government. Canadian economist Don Drummond at the April 2014 Putting BC to Work Forum 10 Business Council of British Columbia 2014 ANNUAL REPORT of a small group of “Special Advisers” appointed to provide input to the Climate Leadership Team. In addition, two Business Council members are directly represented on the Leadership Team. Energy Energy is the “oxygen” of both modern and emerging economies. It is little exaggeration to say that we have built our civilization by harnessing energy. For British Columbia, energy has been a dominant private and public sector issue for generations. Our diverse and abundant energy resources are important inputs to the industrial and commercial sectors and are also a significant driver of economic activity (and exports) in their own right. The main focus of the Business Council’s Energy Committee in 2014 was to seek to shape the fiscal, regulatory and environmental frameworks governing the nascent Liquefied Natural Gas sector in British Columbia. We facilitated and supported the formation, last fall, of the BC LNG Alliance, a non-profit industry association that will act as the voice of the LNG industry. Their mission is to “foster the growth of a safe, environmentally responsible and globally competitive LNG industry.” decision to proceed with the Site C project • International trends in energy production, trade and use • Environmental NGO engagement (jointly with the Environment Committee) The Energy Committee hosted dialogue sessions in 2014 with Ministers and Deputy Ministers responsible for energy policy development as well as other leaders who have insight and perspective on this ever changing landscape. With the price of oil beginning its decline in mid2014, the topic of energy and its intersection with the economy and environment has elevated its profile once again. The Energy Committee will continue to provide a forum for presentations, dialogue and effective energy policy advocacy on behalf of our broad business membership. Other items of interest addressed by the Energy Committee in 2014 included: • Market access for Western Canadian energy resources • Enhancing energy literacy (in collaboration with Resource Works) • Electricity policy and the BC government’s Business Council of British Columbia Energy Economist Peter Tertzakian speaks at the 2014 Business Summit 2014 ANNUAL REPORT 11 First Nations The Aboriginal Affairs Committee continued to work closely with the Ministry of Aboriginal Relations and Reconciliation and other BC natural resource Ministries on issues concerning the delegated consultation framework. More broadly, the Business Council remains committed to collaborating with government and First Nations on ways to improve the economic benefits of new industrial activity for aboriginal people and to facilitate resource and infrastructure development while respecting First Nations’ interests. Last year we conducted the first-ever Business Council member survey on the state of Industry-First Nation relations in BC. The results of the survey pointed to a number of positive trends in business-First Nations engagement, but also highlighted ongoing challenges and issues that require sustained attention in order to support new investment and job creation in land-based industry sectors. The survey is being conducted again in 2015. An important development on the legal front in 2014 was the Supreme Court of Canada’s decision in the William case, involving a number of BC First Nations that had made claims of aboriginal title in the Cariboo. In a landmark ruling, the Court affirmed the existence of aboriginal title over a small portion of the traditional territories of the First Nations plaintiffs and outlined the tests that must be met in connection with the pursuit of title claims by other aboriginal groups. We remain involved with the Aboriginal Investment Business Council (ABIC), which has a mandate to support and stimulate investment and economic development in First Nations communities through activities in areas such as regional engagement, capacity building, and the promotion of successful investment models between Aboriginals and the private sector. Haisla Nation Chief Counselor Ellis Ross thanks Premier Christy Clark for her remarks at the 2014 BC Business Summit 12 Business Council of British Columbia 2014 ANNUAL REPORT P O L I C Y A N D A D V O C A C Y: PRIORITIES FOR 2015 In 2015, the policy team will complete the Business Council “white paper” on innovation and productivity in British Columbia; advance our thinking around business tax policy and tax reform options in the provincial context; undertake additional work on labour market trends and the nature and extent of skill and talent shortfalls in BC; take a closer look at electricity policy, including the implications of rising power costs and the possible need for an updated tenyear electricity plan; offer input to the review of the Canada Transportation Act launched by the federal government last year; continue to provide support for Canada’s participation in the Trans Pacific Partnership negotiations involving the US, Japan and other Pacific Rim nations; and do further work on First Nations engagement and economic development and provincial policy and regulatory requirements touching on First Nations. We will also be active on a number of environmental files in the coming months, notably the provincial government’s Climate Policy 2.0 process; the finalization of regulations under the Water Sustainability Act; policy and practice in respect of cumulative impact assessment; and the work that is currently underway in the province and nationally to develop updated air quality standards. More broadly, we will continue to advocate for regulatory reform and enhanced efficiency in provincial Ministries and agencies responsible for all aspects of natural resource and infrastructure development. 2014 Chair’s Dinner Guest Speaker and author Kishore Mahbubani speaks with Jas Johal on the reemergence of the Asian economies and what it means for Canada Business Council of British Columbia 2014 ANNUAL REPORT 13 P O L I C Y P U B L I C AT I O N S BCBC produces a variety of publications to inform public dialgue and to provide our members with insights into current public policy and economic issues impacting their business in British Columbia. PUBLICATIONS • BC Economy and Job Market to Gain Momentum over 2014-2015 (BC Economic Review and Outlook - January) • Jobs, Income and PostSecondary Education (Human Capital Law and Policy - January) • Federal Budget 2014: Following through - No Suprises Federal Budget Moves to Surplus (Business Alert - February) • BC Budget 2014: Balanced and Uneventful (Business Alert - February) • A Look at Some Environmental Indicators (Environment and Energy Bulletin - March) • BC’s High Technology Exports: A Solid Base to Grow From (Policy Perspectives - March) • Should we “Green” Gross Domestic Product? (Environment and Energy Bulletin - April) • Alberta’s Demand for Workers is Affecting the Labour Market in BC (Human Capital Law and Policy - May) • A Note on Business Tax Competitiveness in BC (Policy Perspectives - June) 14 • • • • • • • • • The LNG Opportunity in BC: Separating Rhetoric from Reality Part I & II (Environment and Energy Bulletin - June, July) Waiting for Better Days (BC Economic Review and Outlook - July) Debate Over the Minimum Wage Heats Up (Human Capital Law and Policy July) BC’s Tourism Industry: Positioned for Growth (Policy Perspectives August) Compliance and Enforcement (Environment and Energy Bulletin September) Pre-Budget Submission to the Province’s Select Standing Committee on Finance (October) ‘Talentism,’ Mobility and Migration: Implications for BC’s Labour Market (Human Capital Law and Policy October) The Underground Economy (Policy Perspectives October) Getting a Handle on the Environmental Goods and Services Industry (Environment and Energy Bulletin - December) • • • Critical Success Factors and Talent Risks for BC (Human Capital Law and Policy December) An Updated Look at BC’s Inventory of Major Capital Projects (Policy Perspectives - December) The members only Industrial Relations Bulletin was produced 6 times in 2014 SPECIAL REPORTS • Mustel Group Poll: City of Vancouver Residents’ Views of Port and Exports (March) • The State of Industry First Nations Relations in BC Part I and Part II - Recommendations (September, October) • Building BC for the 21st Century: A White Paper on Infrastructure Policy and Financing • Second Annual BCBC Study by MNP on Corporate Community Contributions (December) BLOGS AND MEDIA In 2014, the leadership and policy team published over 50 blogs, appeared in over 90 media articles and issued over 30 opinion pieces and news releases. Visit www.bcbc.com Business Council of British Columbia 2014 ANNUAL REPORT ADVISORY GROUPS AND COMMITTEES ABORIGINAL AFFAIRS COMMITTEE The Committee oversees the Business Council’s work on aboriginal policy issues and meets regularly with senior government officials (federal and provincial) responsible for aboriginal affairs to advance certainty, transparency and processes that provide clarity of expectations for all parties with regard to consultation, strength of claim, capacity building and commercial agreements. ENERGY COMMITTEE The Energy Committee leads the Business Council’s work on energy issues, including electricity policy and the development of the upstream oil and gas industry in the province. We are also working with LNG proponents to advance the opportunity to develop an LNG industry in British Columbia. ENVIRONMENT COMMITTEE This Committee guides the Business Council’s work across a wide range of environmental policy and regulatory issues, including all aspects of climate change policy, environmental assessment, facility permitting, contaminated sites, the management of air quality, hazardous waste issues, the development of provincial water sustainability legislation, the federal Species at Risk Act, and associated regulations and the Fisheries Act. It also provides a regular forum for Business Council members to meet with Ministers and senior officials and to exchange views and information on environmental matters of interest to industry. EMPLOYEE RELATIONS COMMITTEE The Committee meets bi-monthly to discuss issues pertinent to the human capital needs of our member organizations. Issues include skills shortages, demographic changes, productivity concerns, health and safety, benefits, pensions, immigration, training and learning, collective bargaining/negotiations, and legislative and regulatory developments. TASK FORCE ON INNOVATION AND PRODUCTIVITY The Task Force on Innovation and Productivity oversees, updates and helps to shape the Business Council’s policy positions with respect to innovation and productivity issues in the British Columbia context. Members interested in participating on the Business Council’s committees or advisory groups should contact Vicki Champ (vicki.champ@bcbc.com) Business Council of British Columbia 2014 ANNUAL REPORT 15 EVENTS The Business Council holds a number of roundtable meetings, member forums, conferences, and other events which allow our members to keep informed about current developments, and stay connected with business leaders and government. 2014 Senior Executive Roundtables • Dr. Penny Ballam, Vancouver City Manager • Hon. Todd Stone, Minister of Transportation and Infrastructure • • • Relations and Reconciliation • International Trade • Hon. Bill Bennett, Minister of Energy and Mines Jacynthe Côté, Chief Executive Officer, Rio Tinto • John Knubley, Federal Deputy Minister of Industry Canada Tom Vincent, Vice President, Public Sector • Employers’ Council Secretariat & Dr. Bruce Kennedy, Executive Director for the College, • • • Mark Wiseman, CEO, Canada Pension Plan Investment Board Simon Kennedy, Federal Deputy Minister of Alcan • Hon. John Rustad, Minister of Aboriginal Honourable Chris Alexander, Minister of Citizenship and Immigration • Dave Collyer, retiring President & CEO and Tim Teachers’ and Public Sector Pension Plans McMillan, incoming President & CEO, Canadian Carol Mason, CAO, Metro Vancouver Regional Association of Petroleum Producers District • Justin Trudeau, Leader, Liberal Party of Canada Bruce Heyman, United States Ambassador to • The Right Honourable Paul Martin Canada • California State Environment Delegation Meeting Hon. Greg Rickford, Federal Minister of Natural Resources 2014 Special Events and Conferences • Post Budget Briefing Member Forum with Hon. • Michael de Jong, Minister of Finance • • Premier of British Columbia Putting BC to Work Member Forum hosted • Public Affairs Panel Member Forum in partnership with CKNW AM 980 featuring • Conference: “BC Business Summit 2014: Canadian Economist Don Drummond Building BC for the 21st Century”, featuring Second Annual Chair’s Dinner featuring Former Premier of Quebec, Jean Charest; Professor Kishore Mahbubani, Dean and Leo de Bever, CEO, Alberta Investment Professor, Public Policy at the Lee Kuan Yew Management Corporation; Peter Tertzakian, School of Public Policy, National University of Chief Energy Economist, Arc Financial Singapore • • Aboriginal Business and Investment Council Annual General Meeting featuring guest – Business Council of British Columbia Joint speaker the Honourable James Moore, Minister Meeting of Industry 16 Member Forum featuring Hon. Christy Clark, • Environmental NGO Engagement Workshop Business Council of British Columbia 2014 ANNUAL REPORT THANK YOU TO OUR SPONSORS The support of our sponsors ensures we deliver meaningful and successful events. • Agricultural Bank of China • Pacifc Northern Gas Ltd. • Air Canada • Pfizer • BCIT • Port Metro Vancouver • BC Marine Terminal Operators Association • Progressive Waste Solutions • BC Maritime Employers Association • PwC • Blackcomb Aviation • RBC • BNSF Railway • Rio Tinto • Canadian Association of Petroleum Producers • Rogers • Canadian Energy Pipeline Association • Seaspan • Chartered Professional Accountants • Spectra Energy • Chevron • Stantec • CIBC • The Research Universities’ Council of British • CN • Coast Capital Savings • Translink • Deloitte • Trans Mountain • Devon • Vancity • Emily Carr University of Art and Design • Vancouver Airport Authority • Encana • West Fraser • Encana and Mitsubishi’s Cutbank Ridge • Woodfibre LNG Columbia Partnership • Fengate Capital Management Ltd. • Fortis BC • Genome British Columbia • HSBC Bank Canada • Innergex • Korn/Ferry International • KPMG LLP • Lawson Lundell LLP • LNG Canada • MEG Energy • Merck • MNP • Mountain Equipment Co-op • Nexen Business Council of British Columbia Andy Smith, President of the BC Maritime Emloyers Association, the 2014 BC Business Summit title sponsor, introduces Premier Christy Clark 2014 ANNUAL REPORT 17 MEMBERS 2014/15 Members 18 Agricultural Bank of China Bombardier Transportation Air Canada Borden Ladner Gervais LLP Alexander Holburn Beaudin & Lang LLP Boyden Alterra Power Corporation Britco Structures AMEC Inc. British Columbia Chamber of Commerce Anthem Properties Group Ltd. British Columbia Ferry Services Inc. Apache Canada Ltd. British Columbia Hotel Association Arc’teryx Equipment Inc. British Columbia Innovation Council Armtec British Columbia Institute of Technology Arrow Transportation Systems British Columbia Maritime Employers Association Ashcroft Terminals British Columbia Salmon Farmers Association Asia Pacific Foundation of Canada British Columbia Technology Industries Association Association for Mineral Exploration British Columbia British Columbia Trucking Association AstraZeneca Canada Inc. British Columbia Marine Terminal Operators Association Ausenco Sandwell Brookfield Asset Management Inc. Avcorp Industries Inc. Bull, Housser & Tupper LLP Avison Young Burlington Northern Santa Fe Railway Bank of Canada Canaccord Genuity Group Inc. BC Canada Canada’s National Brewers BC Greenhouse Growers’ Association Canadian Association of Petroleum Producers BC Human Resources Management Association Canadian Energy Pipeline Association BC Hydro & Power Authority Canadian Forest Products Ltd. BC Roadbuilders & Heavy Construction Association Canadian Fuels Association Belkorp Industries Canadian Imperial Bank of Commerce Bell Canada Canadian National Railway Company Bennett Jones LLP Canadian Natural Resources Limited BFI Canada Canadian Pacific Railway BG Group Canexus Chemicals Canada LP Blackcomb Aviation Canfor Pulp Ltd. Blake, Cassels & Graydon LLP Canpotex Terminals Ltd Business Council of British Columbia 2014 ANNUAL REPORT Canucks Sports & Entertainment Enbridge Northern Gateway Pipelines Inc. Capilano University Encana Corporation Capital Power Corporation EOG Resources Canada Inc. Catalyst Paper Corporation EY LLP Cement Association of Canada Export Development Canada Central 1 Credit Union Fairmont Hotels & Resorts (BC Region) Central Heat Distribution Ltd. Farris, Vaughan, Wills & Murphy LLP Chemistry Industry Association of Canada Fasken Martineau DuMoulin LLP Chevron Canada Limited Ferus Inc. City of Surrey - Economic Development Commission Finning International Inc. Clark Wilson LLP First West Credit Union FortisBC Clean Energy BC Fraser Milner Casgrain LLP Coast Capital Savings Coast Forest Products Association Gateway Casinos Concert Properties Ltd. Conoco Phillips Canada Construction Labour Relations Association of BC Corix Council of Forest Industries Crew Energy Crew Property Ventures Ltd. Crown Corporation Employers’ Association Curis Resources Ltd. Deloitte & Touche LLP Devon Canada Corp Discovery Parks Trust Douglas College Earnscliffe Strategy EDI Environmental Dynamics Inc. Emily Carr University of Art and Design Business Council of British Columbia 2014 ANNUAL REPORT 19 VA N C O U V E R COMMUNIT Y C O L L E G E BC Connects participants meet with Council Members of the Haisla First Nation in Kitimaat Village GE Canada Institute of Chartered Professional Accountants General Fusion Inc. Insurance Corporation of British Columbia Genome British Columbia International Forest Products Geoscience BC InTransit BC GlaxoSmithKline JDS Energy and Mining INc. Global Public Affairs Justice Institute of British Columbia Great Canadian Gaming Corporation Keystone Environmental Ltd. Greater Vancouver Gateway Council Kinder Morgan Canada Inc. Greater Victoria Labour Relations Association Kirmac Collision Harris & Company LLP Korn/Ferry International HD Mining International KPMG LLP Hemmera Kwantlen Polytechnic University Hill+Knowlton Strategies Lafarge Canada Inc. HSBC Bank Canada Langara College Imperial Metals Corporation Lawson Lundell LLP Imperial Oil Limited Ledcor Independent Contractors and Business Association Lehigh Northwest Cement Limited Industrial Alliance Pacific Insurance and Financial Services Inc. Leith Wheeler Investment Management Initiatives Prince George Innergex Renewable Energy Inc. 20 London Drugs Ltd. MacKay CEO Forums Macquarie Capital Markets Canada Ltd. Business Council of British Columbia 2014 ANNUAL REPORT EY Canada Managing Partner and BCBC Executive Committee Member Fiona MacFarlane (left) speaks at the Putting BC to Work forum with moderator Sean Leslie (centre) and fellow panelist Brian Carter, President, Seaspan Shipyards (right). Marine Harvest Canada Pacific Blue Cross Marsh Canada Limited Pacific Newspaper Group Inc. McCarthy Tetrault LLP Pacific Northern Gas Ltd. McMillan LLP Pacific NorthWest LNG Ltd. MEG Energy Partnerships British Columbia Mercer International Inc. Penn West Energy Trust Merck Frosst Canada Ltd. Persis Holdings Ltd. Metro Vancouver Labour Relations Department Petroleum Services Association of Canada Meyers Norris Penny LLP Pfizer Canada Michael Smith Foundation for Health Research Polygon Homes Ltd. Mining Association of British Columbia Port Metro Vancouver Mitacs Inc. Prince Rupert Port Authority Mitsubishi Canada Progress Energy Resources Corp. Molson Coors Canada Provincial Health Services Authority Motion Picture Production Industry Association Public Policy Forum Mountain Equipment Co-op PwC LLP National Public Relations Quicksilver Resources Canada Inc. Nexen Inc. Raymond James Ltd. Northern Development Initiative Trust RBC Royal Bank Business Council of British Columbia 2014 ANNUAL REPORT 21 RELabs Research Inc The Conference Board of Canada Rio Tinto Alcan Inc. The Fraser Institute Rogers Communications Group The Pace Group Rogers Sugar Ltd. The Vancouver Board of Trade Roper Greyell LLP TimberWest Forest Corporation Rothmans Benson & Hedges Inc. Tolko Industries Ltd. Royal Roads University Tourism Vancouver Rx&D Canada’s Research-Based Pharmaceutical Companies TransAlta sanofi-aventis Schneider Electric Solar Seaspan ULC SECOR Consulting Shell Canada Energy Simon Fraser University SNC-Lavalin Inc Spectra Energy Corporation Stantec Consulting Ltd. Steelhead LNG Stern Partners Inc. Stikeman Elliott LLP Suncor Energy Talisman Energy Inc. Taseko Mines Limited TD Bank Financial Group Teck Resources Limited TELUS Corporation Tervita Corporation The Beedie Group The Caldwell Partners International Inc. 22 TransCanada Pipelines Translink Transportation Investment Corporation Turner Lane Develpment Corporation University of British Columbia University of Northern British Columbia University of Victoria Urban Development Institute Valard Construction Vancity Credit Union Vancouver Airport Authority Vancouver Community College Vancouver Economic Development Commission Vancouver Island University Veresen Inc. Weatherhaven Western Stevedoring West Fraser Timber Co. Ltd. Westport Innovations Inc. Westshore Terminals Limited Partnership Woodfibre Natural Gas Limited Business Council of British Columbia 2014 ANNUAL REPORT NEW MEMBERS 2014/2015 Gary Ley Public Affairs Business Council of British Columbia 2014 ANNUAL REPORT 23 EXECUTIVE COMMIT TEE 2014 CHAIR Jonathan Whitworth Chief Executive Officer Seaspan ULC VICE CHAIRS Ian Anderson Eric Harris Robin Silvester President Chair President and Chief Executive Kinder Morgan Canada Harris & Company LLP Officer Josh Blair Mike Kennedy Executive Vice President and (former) Vice President and Marcia Smith Chief Corporate Officer Regional Leader, Vancouver Senior Vice President, TELUS Corporation Stantec Sustainability and External Affairs Paul Cassidy Kim Logan Partner Director, Government Relations Susan Yurkovich McCarthy Tetrault LLP TELUS Corporation Executive Vice-President, Site C Chair, Next Leaders Council BC Hydro & Power Authority Ray Castelli Chief Executive Officer Fiona MacFarlane Weatherhaven Managing Partner, John DeLucchi Managing Partner, BC Region PwC LLP Richard Dunn Vice President, Regulatory and Government Relations Western Canada and Chief Inclusiveness Officer EY LLP Port Metro Vancouver Teck Resources Limited IMMEDIATE PAST CHAIR Hank Ketcham Executive Chairman Richard Prokopanko Westfraser Director, Corporate Affairs and Sustainability Rio Tinto Alcan Inc. Encana Corporation 24 Business Council of British Columbia 2014 ANNUAL REPORT 2014 BOARD OF GOVERNORS Ian Anderson President Kinder Morgan Canada Inc. Reid Carter Managing Partner Brookfield Asset Management Inc. Michael Audain Chairman Polygon Homes Ltd. Paul Cassidy Partner McCarthy Tetrault LLP Phil Barnes Regional Vice President, Pacific Northwest (BC Region), Fairmont Hotels & Resorts and General Manager, Fairmont Pacific Rim Ray Castelli Chief Executive Officer Weatherhaven Mark Betteridge Executive Director and Chief Executive Officer Discovery Parks Trust Don Bird Managing Partner Borden Ladner Gervais LLP Josh Blair Executive Vice President and Chief Corporate Officer TELUS Corporation Doug Bloom President, Spectra Energy Transmission West Spectra Energy Transmission Mark Blucher President and Chief Executive Officer Insurance Corporation of British Columbia Peter Brown Partner Deans Knight Capital Management Ltd. Kathy Butler Managing Director and Head, BC Investment Banking CIBC World Markets Eric Carlson Chief Executive Officer Anthem Properties Group Ltd. Business Council of British Columbia Mike Corrigan President and Chief Executive Officer British Columbia Ferry Services Inc. Don Coulter Chief Executive Officer Coast Capital Savings Greg D’Avignon President and Chief Executive Officer Business Council of British Columbia Alan Davis President Kwantlen University Bob Dawson Director, Western Canada Pfizer Canada Inc. John Delucchi Managing Partner for the BC Region PwC LLP Richard Dunn Vice President, Regulatory and Government Relations Encana Corporation Brian Frank (retired) Chief Executive Officer TimberWest Forest Corporation 2014 ANNUAL REPORT 25 Andy Fraser President Finning Canada Don Krusel President and Chief Executive Officer Prince Rupert Port Authority Rick Gateman President, Coastal GasLink Project TransCanada Pipelines Limited Pierre Lebel Chairman and Director Imperial Metals Corporation Jan Grude President and Chief Executive Officer Pacific Blue Cross Peter Leitch Chair Motion Picture Production Industry Association Arvind Gupta President and Vice Chancellor University of British Columbia Wendy Lisogar-Cocchia Chief Executive Officer Crew Property Ventures Ltd. Eric Harris Chair Harris & Company LLP Kim Logan Director, Government Relations, BC TELUS Corporation Chair, Next Leaders Council Philip Hochstein President Independent Contractors and Businesses Association of BC Fiona MacFarlane Managing Partner, Western Canada and Chief Inclusiveness Officer EY LLP Jonathan Kallner Managing Partner, Greater Vancouver Area KPMG LLP Michael Kennedy (former) Vice President and Regional Leader, BC Stantec Consulting Ltd. Hank Ketcham Executive Chairman West Fraser Timber Co. Kathy Kinloch President British Columbia Institute of Technology Greg Kist (former) President, Pacific Northwest LNG Progress Energy Canada Ltd. 26 Graham MacLachlan Regional President, BC RBC Royal Bank Paulo Maia (former) President and Chief Executive Officer HSBC Bank Canada Valerie Mann Managing Partner Lawson Lundell LLP Kevin McBurney Senior Client Partner Korn/Ferry International Stephen Murphy Senior Vice President, Commercial Banking TD Bank Group Business Council of British Columbia 2014 ANNUAL REPORT Gordon Nelson Vice President & General Manager – BC Rogers Communications Group Andy Smith President and Chief Executive Officer BC Maritime Employers Association Janine North Chief Executive Officer Northern Development Initiative Trust Marcia Smith Senior Vice President, Sustainability and External Affairs Teck Resources Limited Sue Paish President and Chief Executive Officer Lifelabs Andrew Petter President and Vice Chancellor Simon Fraser University Susannah Pierce GM Social Performance & External Engagement Shell Canada Ltd David Podmore Chairman and Chief Executive Officer Concert Properties Ltd. Richard Prokopanko Director, Corporate Affairs and Sustainability Rio Tinto Alcan Inc. Tom Roper Chair Roper Greyell LLP Bob Stanlake (retired) President, Mining and Metals Amec Foster Wheller Inc. Paul Tatay Senior Vice President Industrial Alliance Pacific Insurance and Financial Services Inc. Mark van Rooij Chief Executive Officer Avcorp Industries Inc. Tamara Vrooman Chief Executive Officer Vancity Credit Union John Walker (former) President and Chief Executive Officer FortisBC Jonathan Whitworth Chief Executive Officer Seaspan ULC Jason Scharfe Managing Director Marsh Canada Ltd. Alan Winter President and Chief Executive Officer Genome British Columbia Hao Shi Chief Representative Agricultural Bank of China Robin Silvester President and Chief Executive Officer Port Metro Vancouver Susan Yurkovich Executive Vice President, Site C BC Hydro & Power Authority Duncan Sinclair Managing Partner Deloitte & Touche LLP Business Council of British Columbia 2014 ANNUAL REPORT 27 C O U N C I L S TA F F PRESIDENT AND EXECUTIVE OFFICE POLICY Greg D’Avignon Jock Finlayson President and Chief Executive Officer Executive Vice President and Chief Policy Officer greg.davignon@bcbc.com jock.finlayson@bcbc.com Nikki Roussanidis Ken Peacock Executive Assistant to the President Vice President and Chief Economist nikki.roussanidis@bcbc.com ken.peacock@bcbc.com MEMBERSHIP AND OPERATIONS Cheryl Maitland Muir Denise Mullen Director, Environment and Sustainability denise.mullen@bcbc.com Vice President, Communications Vicki Champ cheryl.muir@bcbc.com Executive Assistant Markian Beley vicki.champ@bcbc.com Controller Valerie Foster markian.beley@bcbc.com HR Research Analyst Tara Zwaan valerie.foster@bcbc.com Manager, Communications and Events tara.zwaan@bcbc.com Jayne Murdock Administrative and Projects Coordinator jayne.murdock@bcbc.com Past and present Business Council staff gathered to celebrate Barbara McNicholl’s retirement in April 2014 28 Business Council of British Columbia 2014 ANNUAL REPORT Annual Report 2014 Prepared June 2015