According to a new Angus Reid poll, more British Columbians think the province is on the “wrong track” than the right one. And indeed, there’s good reason to be concerned about B.C.’s policy direction.
Since assuming office last year, Premier John Horgan’s government has done little to reassure investors and entrepreneurs that British Columbia is an attractive place to invest. In fact, its policies have signalled the opposite.
Consider the attempt to block the Trans Mountain pipeline expansion project, which had already been approved by a thorough federal review. In the eleventh hour, the Horgan government erected an unexpected roadblock, arguing in court that B.C. has the right to stop the project. The ensuing war of words—and legal action—between Alberta and B.C. has been well-documented. And now the federal government plans to buy the project.
The result? Immense policy uncertainty.
Full story here: https://www.fraserinstitute.org/article/provincial-policies-making-bc-inhospitable-to-investment