BC Becoming Small Business Friendly

With over “98 per cent of businesses in B.C. fall under the government’s definition of a small business (having 50 or fewer employees)” trying to make British Columbia the most small business friendly province could affect the turnout of future businesses. With having 50% of the provinces GDP coming from small busienesses I think it is great that Naomi Yamamoto, the minister of state of small business is trying to help bring down the taxes that small businesses pay. In current days high property tax, and other costs are affecting many companies around the province. These taxes make it hard for individuals to open their business or maintain it. By helping out these businesses, BC in not only allowing individuals to have jobs, but also benefiting the province itself, by increasing the provinces GDP. With this new program, individuals now have better incentives to start their own business, and potentially move their small business into British Columbia, if the business environments are right.

reference:

http://www.theprovince.com/business/smallbusiness/Minister+aims+make+small+business+friendly+Delta/7432519/story.html#axzz2CNFwRgC3

 

Windows 8 a new step in technology

Since the release of the windows new windows 8 and windows 8 rt operating systems, a all new type of computers and tablets have been released.  Jonathan Bickford currently in his blog has noted that the new windows 8 operating system is more for competing with apple tablets and the mobile industry. But with the new tile base system an all new type of computers are being released called ultra book convertibles, a super sleek laptop with touch screen capabilities.

 

With no start menu and having live tiles, the new windows 8 smart meters allows you to use  touch gestures to easily navigate without the use of a traditional mouse. Windows 8 also allows newer desktops come with touch screen screens, reducing the use the mouse and making it more easy for users to navigate.

Jon mentioned that ” previous Windows phones either under-utilized or didn’t use”  single-touch to open apps, but the old windows phone 7 operating system, still had live tiles, and one-touch app opening.  The new windows 8 software brings this type of user interface to laptops and home computers.

Enbridge Northern Gateway Pipeline

The Enbridge Northern Gateway Pipeline a pipeline that is supposed to run from Alberta to Kitimat, BC. With the proposal been out for years, getting it approved has been a hassle.  A blog post on “Pipe Up Against Enbridge” compares the different geography around Kitimat that the one pipelines built in Europe by talking about a post that Enbridge made about the Kitimat port, saying that it is similar to various European Ports.  One of the biggest problems was that the Kitimat port is five times longer than any other of the ports. The author of the blog, Dave Shannon says The chance of an accident is higher in inside waters than on the open ocean. The longer the approach, the greater the risk of an accident.”

I think that the Enbridge Northern Pipeline is something that has a positive affect to British Columbia and even Canada’s economy. It would make jobs for thousands of people . But if something goes wrong it can cause a lot of environmental damage. If the Enbridge pipeline sets up safety closures, and has a proper plan to protect the environment the pipeline should be made. The blog shows a good point on having a long opening than other  locations, but if Enbridge can safely manage though pipelines they can possibly have port their.

Canadian dollar rises, as monthly employment exceeds forecasts

 

The Canadian dollar has recently reached a two-week high, as businesses have added five times more employees than expected. In August 34,300 employees were hired, and just in September these businesses have added 52,100 jobs, which was more than 40,000 jobs than the forecast. The increase in number of jobs dropped the unemployment rate to 7.3%, lower than the American’s 7.8% unemployment rate.

With this news, the Canadian dollar went up 0.5% this week, making $1 loonie buy $1,0219 American dollars, making it reach the highest level in the past few weeks.  Because of these new numbers the Bank of Canada wants to take out stimulus out of the Canadian Market sooner, and may target to increase the interest rate.

Even though the employment in the oil industry increased, the price of oil expects a drop of 2% to $89.90 a barrel, because of a greater  supply than demand. In my option the drop in price of oil will cause less people getting hired in October because  companies may want to slow down production of oil causing  the prices of oil to rise.

 

References: http://www.bloomberg.com/news/2012-10-05/canada-dollar-rallies-as-u-s-canada-jobs-gains-fuel-demand.html

Spam prevention powered by Akismet