Business Environment in British Columbia

The Economist Intelligence Unit forecasts that Canada will be one of the best countries in the world to do business in through 2009. It is open to foreign trade and capital, has high quality infrastructure and easy access to North American markets.

British Columbia has one of the best business environments in Canada:

• Strong economic growth, including a Gross Domestic Product (GDP) is more than $199 billion;
• One of Canada's most competitive tax rates;
• More than 20,000 new businesses incorporate each year;
• Triple-A credit ratings from both Standard and Poor's and Moody's Investors Service.

Our business costs are some of the lowest in the world, according to the KPMG Competitive Alternatives Survey, 2008.

(Costs are in US$ (000s) and assumes a 10-year 100% provincial corporate income tax abatement in Vancouver, B.C.)