You will find B次元官网网址楾oday in B.C.B次元官网网址� podcasts on , , , , and podcasts.
Host Peter McCully chats with economist Jock Finlayson, who discusses a range of economic and societal issues affecting British Columbia, providing valuable insights. The former chief policy officer for the Business Council of Canada now serves with the Independent Contractors and Businesses Association.
B次元官网网址楬ousing is just simply unaffordable. Home ownership has moved out of reach for a huge proportion of the population,B次元官网网址� said Finlayson. B次元官网网址淲eB次元官网网址檙e looking at three per cent population growth rates for British Columbia and itB次元官网网址檚 quite extraordinary. Renters are the group I worry about the most. A lot of our frontline workforce, including in the small business world, consists of relatively young British Columbians who are in the workforce doing service jobs, helping keep the economy going.B次元官网网址�
When asked about interest rates, the economist mentioned a potential rise in insolvencies and bankruptcies due to the challenging financial environment, emphasizing interest rates are likely to decline in the coming months, advising people to wait before taking out loans.
The discussion turns to government regulations on short-term vacation rentals and the challenges of balancing policy measures with economic principles.
B次元官网网址淲e are in a housing crisis, especially at the rental end of the markets,B次元官网网址� said Finlayson. B次元官网网址淪o I do have some sympathy with the policymakers feeling the pressure to do something or be seen to do something. These restrictions that have been brought in are not going to solve the problem, frankly.B次元官网网址�
The podcast also explores the complexities of the tax system and the need for a simpler, flatter income tax structure.
The challenges of affordability, supply and demand for electric vehicles are discussed, emphasizing the need for realistic targets in the transition to electrification.
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