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Honorable Pat Bell, MLA for Prince George-Mackenzie and Minister of Jobs, Tourism and Innovation. Pat will be speaking about JOBS STRATEGY as a whole for the North and across the province. With projected shortages in labour for many industries forecast for the next decade, businesses will be required to create, explore and develop innovative strategies. This will be a timely discussion and important to businesses in the North. Pat was appointed Minister of Jobs, Tourism and Innovation on March 14, 2011. He was re-elected for a third term as MLA for Prince George-Mackenzie in 2009. Pat also chairs the Small Business Roundtable and the Cabinet Committee on Jobs and Economic Growth. Prior to becoming an MLA Pat served on the Board of Directors for Tourism Prince George. He has worked in the hospitality business his entire life, both at the corporate level and as a small business owner. He has also owned a trucking company and co-owned a logging company. Pat has previously served as Minister of Forests, Mines and Lands, Minister of Forests and Range, Minister Responsible for the Integrated Land Management Bureau, Minister of Agriculture and Land as well as Minister of State for Mining
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“Protecting and creating jobs is about getting our overall economic and fiscal fundamentals
right.
It’s about taking decisive actions that remove barriers to investment and which support
export opportunities in new, powerful markets”
Premier Christy Clark
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APPROACH
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1. Expanding markets for BC products and services, particularly in Asia
2. Strengthening infrastructure to get our goods and services to market
3. Working with communities and employers to enable jobs creation
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3 KEY PILLARS
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4. Skills and training programs that lead the way to the jobs of tomorrow
5. Prudent and fiscally responsible approach
6. Leveraging BC’s strengths in key sectors
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UNDERPINNING THE 3 KEY PILLARS
• Canada’s Pacific Gateway • Abundance of energy and natural
resources• Multilingual and multicultural society• Safe harbour for investment • Competitive tax rates• Globally sound banking system • Open trade and regulatory reform• Highly skilled and educated workforce• Leadership in emerging technologies • Clean and green reputation• Superior quality of life
BUILD ON BC’s UNIQUE ADVANTAGES
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“any strategy to strengthen the BC economy has to focus on traded industries...”
- Outlook 2020: Shaping BC’s Economic Future (BC Business Council)
BC’s EW TARGET MARKET
Shares of global middle class consumption, 2000-2050
HISTORIC OPPORTUNITY: SHIFTING CONSUMPTION
Today 2020 2050
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The BC Jobs Plan seeks to defend and create jobs by accelerating opportunities in sectors where:
The projects are driving new investment in BC
BC has a competitive advantage
Every community in BC, big or small can identify ways that the projects support their local economy
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FOCUS ON KEY SECTORS
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LESSONS FROM CHINA
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Focus on Chinese market resulted in 10-fold increase in the value of
lumber exportsto China since 2003
10,000 direct jobs created forBC families
KEY SECTORS DRIVING EXPORT GROWTH
INFRASTRUCTURESECTORS
• Technology, Clean Tech and Green Economy • Tourism
• International Education
• Transportation: Ports, Marine and Aerospace
KNOWLEDGE BASEDSECTORS
• Forestry• Mining • Natural Gas • Agri-Foods
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NATURAL RESOURCESECTORS
BC JOBS PLAN – KEY ANNOUNCEMENTS
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ENHANCED INVESTMENT ATTRACTION Major Investments Office
BC Jobs and Investment Board
Aboriginal Business and Investment Council
BC JOBS PLAN – KEY ANNOUNCEMENTS
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OPENING MARKETS Doubling BC’s international presence in
key and expanding markets New promotional campaign Hosting program for
potential investors Aggressively seek
reduction or elimination of protectionist measures in other jurisdictions
BC JOBS PLAN – KEY ANNOUNCEMENTS
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SKILLS OF TOMORROW
Regional workforce tables
Trades training conference in 2011
$6m per year to support industry sector partnerships
Apprenticeship Training Tax Creditextension
More entrepreneurs and skilled workers through the Skilled Worker Program and Provincial Nominee Program
BC JOBS PLAN – KEY ANNOUNCEMENTS
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NATURAL RESOURCE DEVELOPMENT
$24 million to streamline natural resource development approvals and permits
BC JOBS PLAN – SECTOR FOCUS
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FORESTRY Wood Innovation Centre Ongoing expansion of markets in Asia
OPPORTUNITIES: Lumber exports to China Wood exports to Japan for post
earthquake reconstruction Increased pulp exports to Asia Bioenergy (pellet) sales to Europe and Asia Targeted marketing of wood as green building product and
expanded use in non-residential construction
BC JOBS PLAN – SECTOR FOCUS
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MINING 8 new mines and the expansion of another 9 mines
currently operating in BC by 2015
OPPORTUNITIES: Demand from Asia Increased foreign
investment Global standard for
environmental responsibility
Northwest Transmission Line
BC JOBS PLAN – SECTOR FOCUS
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NATURAL GAS Plan to grow LNG industry in BC
1) improve permitting and decision making processes2) skills and training development 3) investment attraction 4) international marketing
OPPORTUNITIES: LNG exports to Asia Increase domestic demand –
transportation infrastructure and fleets that utilize LNG
LNG conversion facilities
BC JOBS PLAN – SECTOR FOCUS
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AGRI-FOODS Open new domestic markets for BC wines Report on opportunities for innovation in greenhouse heating
OPPORTUNITIES: Sales of safe and secure BC products to Asia - beef, pork,
blueberries, cherries, salmon, seafood
BC JOBS PLAN – SECTOR FOCUS
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TECHNOLOGY $3m increase to Small Business
Venture Capital Tax Credit Climate change leader – work with clean
energy companies to develop the sector Leverage investment in Genome BC and
Michael Smith Foundation Expedite immigration process for researchers and scientists R&D investments and venture capital will be focused on key sectors
and on commercialization
OPPORTUNITIES: Demand in Asia Export of BC technology developed based on our strengths (clean
energy, green buildings, environmental protection, e-health, ICT, digital)
BC JOBS PLAN – SECTOR FOCUS
TOURISM Explore new opportunities for First Nations cultural tourism, agri-
tourism and adventure tourism Make BC the #1 ski destination in North America
OPPORTUNITIES China – approved destination
status Emerging middle class in India Canadian and US travellers Attracting conventions and
marquee events to BC
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BC JOBS PLAN – SECTOR FOCUS INTERNATIONAL EDUCATION International education council International marketing strategy Strengthen BC’s Education Quality Assurance Work with communities to welcome international students Send more BC students abroad to study
OPPORTUNITIES “Social gateway” to Asia Showcase K-12 and post
secondary institutions with capacity to host increased numbers of international students
Expand R&D partnerships – e.g. MITACS 19
BC JOBS PLAN – KEY ANNOUNCEMENTS
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PORTS, MARINE AND AEROSPACE $15m contribution to $90m Road Rail Utility Corridor Project $50m to improve the corridor that connects Deltaport to Canada’s rail
transportation network $5m in improvements to ensure commercial carriers and travellers can
make efficient border-route planning decisions Access to federal aerospace research and procurement funds Assess feasibility of Foreign Trade Zones
OPPORTUNITIES Ongoing strengthening of Asia Pacific Gateway
BC JOBS PLAN – TARGETS ON THE PATH TO SUCCESS
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• Top 2 in GDP and new jobs growth in Canada by 2015• Increase number of international students by 50% over next 4
years • 8 new mines and 9 upgrades and expansions to existing mines• At least one LNG pipeline and terminal in operation at Kitimat
by 2015 and three in operation by 2020 • In 2012, 80% reduction in mining permit backlog and 50%
backlog reduction in water and land permitting
• Deltaport and Ridley Island terminal upgrades completed and operational by 2014
• Border technology and information systems in place by March 2012
BC JOBS PLAN – TARGETS ON THE PATH TO SUCCESS
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• YVR to attract one new international carrier per year for next 2 years
• 10 new non-treaty agreements in place with BC First Nations by 2015
• Small Business Venture Capital Program tax credit enhanced by 2012
• Business tax competitiveness review to inform Budget 2012
• Commitment to zero net regulatory gain through 2015
• Regulatory Reporting Act enacted in2012
• Report on the greenhouse industry released by end of 2011
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The BC Jobs Plan is a partnership between government, industry, and communities 1. Where are the best opportunities to create jobs ?
2. What are the barriers to creating jobs in your communities ?
3. What is the best way for government to engage with businesses and communities to set and reach the goals of the Jobs Plan ?
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OPEN GOVERNMENT
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I look forward to working with you
www.bcjobsplan.ca
Pat Bell Minister of Jobs, Tourism and Innovation
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