Economic Development and Official Languages Minister Melanie Joly responds to a question in the House of Commons Monday November 23, 2020 in Ottawa. THE CANADIAN PRESS/Adrian Wyld

Economic Development and Official Languages Minister Melanie Joly responds to a question in the House of Commons Monday November 23, 2020 in Ottawa. THE CANADIAN PRESS/Adrian Wyld

Federal minister touts need for new B.C. economic development agency

Last December’s federal economic update promised a stimulus package of about $100 billion this year

The federal economic development minister says business leaders in British Columbia want to work with a new development agency aiming to help them endure the COVID-19 pandemic and plan for the future.

Melanie Joly said she’s heard from entrepreneurs and business owners across B.C. about the support for a home-based economic development agency, including during an online forum Friday with the Greater Vancouver Board of Trade.

Joly said the promised B.C.-based agency will provide targeted economic support and relief in the form of loans, subsidies and advice about federal programs.

“People want to be able to have access to levers to survive the economic crisis and the pandemic, but at the same time people want to talk about the future and want to be optimistic as the vaccinations roll out,” she said in a phone interview.

Joly said she’s heard in panel discussions with business leaders that they’re concerned about the distance between Ottawa and B.C. as entrepreneurs argue for an agency that is closer to home.

“There’s a feeling of disconnection towards the federal government,” she said. “That has created sometimes frustration on the part of people in B.C. We need to increase our impact, our footprint. We need to make sure that people trust the fact that the federal government is there for them.”

Joly, who is also the minister responsible for Western Economic Diversification Canada, said B.C. entrepreneurs have told her the province’s economy was growing before the COVID-19 pandemic and they need help now to get them through.

Last December’s federal economic update promised a stimulus package of about $100 billion this year, she said, adding the budget for the new B.C. agency has not been set and there’s no date yet for an opening date.

“I always have a sense of urgency in life,” Joly said after her meeting with the Greater Vancouver Board of Trade. “I’m a very impatient person, so the team and I are working extremely hard to make sure we can launch this new B.C. agency but we need to make sure we do things right.”

Dirk Meissner, The Canadian Press

Like us on Facebook and follow us on Twitter.

Want to support local journalism? Make a donation here.

Business

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Excerpts from a conversation between Bria Fisher and the fake truLOCAL job. Fisher had signed a job agreement and was prepared to start work for what she thought was truLOCAL before she learned it was a scam. (Contributed)
Harrison woman warning others after losing $3,000 in job scam

Bria Fisher was hired by what she thought was a Canadian company, only to be out thousands

A nurse prepares to vaccinate healthcare workers at a COVID-19 drive-thru immunization site in Coquitlam in this image supplied to the media by Fraser Health on March 8, 2021. (Fraser Health)
OPINION: 97-year-old Chilliwack man gets his COVID vaccination appointment

Call centre inundated with 1.7 million calls while there are just 50,000 folks over 90 in B.C.

Once again Fraser East is among the health service delivery areas with the highest rate of COVID-19 transmission in the province. (Datawrapper)
Fraser East sees third highest rate of COVID-19 cases in B.C.

The region is seeing a sustained increase in new COVID-19 cases

Once a star player with the University of the Fraser Valley women’s basketball team, Kayli Sartori is moving into a new role coaching the next generation of Cascades. (UFV photo)
Chilliwack’s Kayli Sartori goes from court to coach with UFV basketball Cascades

Sartori is taking a new path as part of the U-Sports female basketball apprentice coaching program

(The Canadian Press)
‘Worse than Sept. 11, SARS and financial crisis combined’: Tourism industry in crisis

Travel services saw the biggest drop in active businesses with 31 per cent fewer firms operating

Rising accident rates and payout costs have contributed to billion-dollar deficits at ICBC. (Comox Valley Record)
B.C. appealing decision keeping ICBC injury cases in court

David Eby vows to ‘clip wings’ of personal injury lawyers

(Black Press Media files)
Hosts charged, attendees facing COVID fines after Vancouver police bust party at condo

Police had previously received 10 complains about that condo

Minister of Families, Children and Social Development Ahmed Hussen takes part in an update on the COVID pandemic during a press conference in Ottawa on Tuesday, Oct. 27, 2020. A joint federal and B.C. government housing program announced today aims to help people living in up to 25,000 vulnerable households pay their rent. THE CANADIAN PRESS/Sean Kilpatrick
Federal, B.C. governments announce $517-million rent aid program to help vulnerable

Benefits for those not eligible for B.C.’s Rental Assistance Program or Shelter Aid for Elderly Renters

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

(BC SPCA)
Is it safe to give your dog some peanut butter? Not always, BC SPCA warns

Some commercial peanut butter ingredients can be harmful to dogs

Health Minister Adrian Dix, front, B.C. Premier John Horgan and provincial health officer Dr. Bonnie Henry arrive for a news conference about the provincial response to the coronavirus, in Vancouver, B.C., Friday, March 6, 2020. Pandemic emergency measures have been in place for almost a year. THE CANADIAN PRESS/Darryl Dyck
B.C. officials plead for patience as 1.7 million COVID-19 calls flood in

Vaccine registration for 90-plus seniors opened Monday

A West Kootenay man died in an avalanche on March 4 while snowmobiling near Mount Payne, which is indicted by the red flag. Illustration: Google Maps
B.C. father of 3 dead after avalanche in West Kootenay

The man was snowmobiling with a group when incident occurred March 4

Most Read