HST & How it Helps Businesses & Citizens

HST vital to sustaining economic prosperity in BC
The BC government intends to harmonize the provincial sales tax (PST) with the federal GST, effective July 1, 2010.  This will result in the elimination of the PST and the establishment of a new, single harmonized sales tax (HST) initially set at a rate of 12%.

The business associations listed at [...]

Economy in Yo Yo mode for next year opined by a TEC Advisory Group

Economy will still be in yo yo mode for the next year opinion of a TEC Advisory Group in Vancouver, BC

Xenon Pharmaceuticals CEO Interview on Canada’s Reduced Funding Part 2

Part 2:  Simon Pimstone, President & CEO of Xenon Pharmaceuticals Interview
As a large part of the life sciences group in BC Simon Pimstone met with Liberal leader Michael Ignatieff on life sciences and explained the issues of funding, and you would think that it would fit in with Ignatieff’s desire to build a larger knowledge [...]

Its Important Today To Get Friendlier with Your Banker

The economy has caused a credit crunch for businesses large and small so the one thing that all businesses should do is to get cozier with your banker.  This can take the form of calling more often, visiting, inviting your account manager to your business premises, anything which will provide more real world contact with [...]

Short Updates for 2009-02-14

BC residents hopefully will vote accordingly or else $10 biilion of Green bonds will be tax bill our kids will pay for.
Calgary real estate picking up? 78 units what variety? Worked with developer recently with financing their multi family.
BC Green bonds from NDP are simply a bond, meaning the gov’t has to pay that loan [...]

CEO Hint #2: 5 Things to Improve Your Cash Flow

Cash flow is important anytime, but especially in today’s economic environment of tighter credit.  We know today that the credit crunch has affected the economy and that banks are now able to pick and choose who they extend credit to, how much credit they extend, what conditions they extend it to, and how they can [...]

CEO Hint #1: 5 Things to Conserve Your Cash Flow

Cash flow is one of the most important things to keep an eye on at any time, but especially in difficult economic times.    Think about suppliers to Nortel and the auto industry wanting to get paid earlier than usual and you understand how these suppliers are trying to stay on top of their cash [...]

Canada’s Latest Federal Budget is all about Confidence

This federal budget is all about confidence!  Confidence in the economy springing back next year, confidence in consumers deciding to spend their federal income tax cuts, confidence in the banks loosening the purse strings, confidence in small business owners to keep staff and now have employee layoffs, confidence in the world economies to start importing [...]