Awards

Today, Canada’s Deputy Prime Minister & Minister of Finance, Chrystia Freeland presented the Federal Fiscal Update. It was forecasted that Canada’s deficit will be $381.6 billion as a best-case-scenario, attributed to reduced revenues due to the economic shut down and additional, unexpected, stimulus spending to support residents and businesses. “The Federal Government is spending $100 billion to…

The Surrey Board of Trade will present local government budget recommendations on November 30 at a public hearing of the City of Surrey Finance Committee. “The Surrey Board of Trade monitors public sector spending to maximize productivity in the economy and encourage growth in the private sector,” said Anita Huberman, CEO, Surrey Board of Trade.…

Today, the US Department of Commerce has reviewed the softwood lumber duties, and the first step to help Surrey businesses that rely on the export of lumber to the US. Positive changes are on the way. Going forward, most BC companies will pay around 9% on shipments to the US, down from the current rate…