Liberals say B.C. jobs plans working, but others disagree
The Canadian Press
Posted: Sep 12, 2012 7:10 AM PT
Last Updated: Sep 12, 2012 9:27 PM PT
B.C.'s Finance Minister Mike de Jong says the Liberal government's year-old jobs plan is doing what it was supposed to do — create jobs and attract investment — but some economists and the NDP disagree.
The most-recent Statistics Canada jobs numbers posted show a growth of 51,700 jobs between August 2011 and August 2012 in B.C., which puts the province in first for job growth in Canada, De Jong said Tuesday.
De Jong credited the plan with keeping the provincial economy stable despite worldwide economic uncertainty and said it provides a road map to help guide the economic development of the province.
B.C.'s new Finance Minister Mike de Jong says his government's jobs plan is working. (CBC)"Just as we all know that governments can stand in the way of private sector growth and job creation, so too can governments assist, through the creation of a competitive tax environment, prudent fiscal management and reduction of red tape," he said in a statement.
De Jong said B.C. economic growth last year measure at 2.9 per cent, third in Canada.
Investment for major B.C. projects, including federal shipbuilding contracts and mining development, is estimated at $80 billion, an increase of $11.7 billion since June 2011. Investment in the LNG projects is projected at $48 billing from 2013 to 2022, he said.
Economists disagree
But while de Jong was highlighting B.C.'s job numbers and investment opportunities, some economists were not as robust as de Jong in their assessments of B.C.'s economic prospects.
Central 1 Credit Union economist Bryan Yu said B.C.'s job-creation numbers rebounded in August after a decline in July, but overall the provincial economy appears to be slowing down due to declines in the U.S., Europe and China.
He said jobs numbers are up this year, but they were down last year.
"We have seen employment growth, but at the same time, though, remember, that we did come off a year in which employment growth was quite weak," Yu said. "In 2011 there was less than one per cent growth in employment."
The employment growth number so far this year is about 1.9 per cent, with most of the jobs being created in the January to April period, he said.
RBC, meanwhile, said an $8-billion federal shipbuilding contract and a $3.3-billion modernization at Rio Tinto's smelter in Kitimat will stimulate job and economic growth next year, but sluggish trade performance could also work against that trend.
RBC forecasts B.C. economic growth to dip to 2.3 per cent this year from 2.9 per cent in 2011. RBC forecasts B.C. economic growth to increase to 2.7 per cent in 2013.
Job numbers backdated, says NDP
Opposition New Democrat finance critic Bruce Ralston said the Liberals appear to using backdated jobs numbers to boost their jobs plan.
He said Clark introduced the jobs plan in September 2011, but the government is quoting jobs numbers starting in August 2011, a month when almost 27,000 jobs were created.
Ralston said he's also concerned some companies can't find enough skilled workers in B.C. to work on projects.
"I don't think it's made a difference in the job market in B.C., but what it has pointed to is some of the real policy weaknesses the Liberals have generated in their time in office, and that is on the training, apprenticeship and advanced education files."
Premier promised jobs
The Jobs Plan was Premier Christy Clark's first major policy initiative after being elected B.C. Liberal Party Leader and premier in February 2011. It was rolled out last September when she travelled to Prince Rupert.
Premier Christy Clark announced last year $25 billion is to be spent over the next eight years on road, rail and port expansions in B.C. (CBC)"Defending and creating jobs is the primary mission of my government," Clark said last year. "It will be my primary mission until I finish this job as premier."
Clark said her three-pillar jobs plan would involve working with employers and communities to enable job creation, strengthening infrastructure to get goods to markets and expanding markets for B.C. products and services, particularly in Asia.
The plan also involved developing liquefied-natural-gas export opportunities in northern B.C., attracting more international students to post-secondary institutions and helping to open eight new mines by 2015 and upgrading and expanding nine others.
Share Tools
Latest British Columbia News Headlines
- Nanaimo Facebook group takes aim at thieves
- Residents fed up with petty crime in Nanaimo have turned to social media to try to prevents theft. more »
- Bid to re-open Langley Speedway
- A Metro Vancouver committee is considering a proposal to re-open the Langley Speedway that closed almost three decades ago. more »
- Petition looks to rename Victoria Day
- A group that includes some prominent Canadian actors, writers and politicians is calling on Prime Minister Stephen Harper to change the name of Victoria Day. more »
- NDP wants RCMP inquiry into $90K payment to Duffy
- The NDP has asked the RCMP to launch an investigation into the $90,000 payment from the prime minister's former top aide, Nigel Wright, to Senator Mike Duffy in relation to the Senate expense scandal. more »
Must Watch
Top News Headlines
- Unknown remains found on Dellen Millard's farm
- Police searching the farm of Dellen Millard, the 27-year-old charged with first-degree murder after the remains of Ancaster, Ont., man Tim Bosma were discovered, have found other remains on the property, but it's unclear if they are human or animal. more »
- Canadian on EI shut out amid foreign worker influx
- A jobless Canadian IT professional who is collecting employment insurance is upset because he now suspects several recent jobs he applied for went to temporary foreign workers. more »
- Can the Senate fire a senator?
- An expert on parliamentary rules says the Senate has the power to turf a senator from the chamber, as long as a majority approves the expulsion, and as long as there is cause. more »
- Nahlah Ayed: Vote-wary Iranians mull Ahmadinejad's successor
- Iranians go to the polls in less than four weeks to choose a new president. The reform movement is still smarting from its bitter defeat four years ago, but the jockeying for power is no less intense, Nahlah Ayed reports. more »
- Canadian on EI shut out amid foreign worker influx
- Vancouver man attacked, killed in Costa Rica
- Prince Andrew in Victoria for Highland Games
- East Vancouver residents in 'guerrilla gardening' campaign
- Thief robs, injures woman in wheelchair
- Jeep driver apologizes after stunt kills Edmonton woman
- Public raising funds to buy alleged Rob Ford crack video
- Rob Ford should resign if allegations true, councillors say
- Holmes Hydro can proceed without environmental assessment

