SBOT Calls for Lifting Uranium and Thorium Moratorium to Align with BC’s Clean Energy Expansion Economic Competitiveness & TradeInnovation & IndustryWorkforce, Community & Inclusive Growth February 7, 2025 The Surrey Board of Trade (SBOT) is calling on the Provincial Government to lift its moratorium on uranium and thorium exploration, aligning with BC’s latest push to expand renewable energy infrastructure. “The BC Government’s commitment to accelerating renewable energy projects is a step in the right direction,” said Jasroop Gosal, Interim Spokesperson and Policy &…
Surrey Board of Trade Cautiously Optimistic as Tariffs Paused for 30 Days – Urgent Plan Still Needed to Support Businesses Economic Competitiveness & TradeGeneralInnovation & IndustryWorkforce, Community & Inclusive Growth February 3, 2025 The Surrey Board of Trade is cautiously optimistic that US President Trump has decided to pause the implementation of 25% tariffs across the board and 10% tariffs on energy. While this does provide some reprieve, we still need to stand ready if and when tariffs are implemented. Canada has committed to implementing a $1.3 billion…
Surrey Board of Trade Statement on U.S. Tariffs Economic Competitiveness & TradeGeneralInnovation & IndustryWorkforce, Community & Inclusive Growth February 1, 2025 The Surrey Board of Trade is deeply disappointed in the United States’ announcement that 25% tariffs on Canadian imports and 10% tariff on energy will take effect on Tuesday, February 4. The President has decided to not only tarnish the historic and deeply interconnected relationship that Canada and the United States have had, but to…
Annual Surrey Road Survey Signals Urgency for Comprehensive, Sustainable Transit and Transportation Investments Transportation January 30, 2025 The Surrey Board of Trade released the results of its annual Surrey Roads Survey today. “We need planning and action that anticipates needs and that results in infrastructure construction well in advance of increased demand, not long after the capacity is exceeded,” said Jasroop Gosal, Interim Spokesperson and Policy & Research Manager of the Surrey…
Surrey Board of Trade Applauds Long-Term Public Transit Investment for TransLink Transportation January 28, 2025 The Surrey Board of Trade applauds the Federal Government’s commitment to public transit through the Canada Public Transit Fund (CPTF), which will provide TransLink with up to $663.7 million over ten years, from 2026 to 2036. This funding aims to support the development of sustainable, inclusive, and accessible transit systems across Metro Vancouver. “The allocation…
SBOT Launches Tariff Impact Survey in Response to Trump’s Inauguration and Announces Cross-Border Delegation Plans General January 20, 2025 The Surrey Board of Trade is closely monitoring the implications of Donald Trump’s inauguration as US President, particularly in light of renewed rhetoric around protectionist policies and tariffs. Recognizing the potential challenges this could pose to Surrey’s economy, BC’s industries, and Canada’s broader trade relationships, the SBOT is launching a follow-up survey to gather critical…
SBOT Deeply Concerned by BC’s Economic Assessment of US Tariff Threat Economic Competitiveness & TradeGeneralInnovation & IndustryWorkforce, Community & Inclusive Growth January 16, 2025 The Surrey Board of Trade (SBOT) is deeply concerned about the potential economic consequences of a US-imposed 25% tariff on all Canadian imports. The preliminary assessment by the BC Ministry of Finance outlines alarming projections, including a cumulative $69 billion loss in economic activity, significant declines in corporate profits, and over 124,000 job losses by…
SBOT Supports South Campbell Heights Local Area Plan to Address Industrial Land Shortage and Drive Regional Growth Economic Competitiveness & TradeGeneralInnovation & IndustryWorkforce, Community & Inclusive Growth January 13, 2025 Surrey, BC – The Surrey Board of Trade (SBOT), representing over 3,000 businesses, strongly supports the City of Surrey’s South Campbell Heights Local Area Plan and the associated Zoning By-law Amendment. The plan is critical for addressing the industrial land shortage that has constrained business growth and investment in Surrey and across the Metro Vancouver…
Surrey Board of Trade Responds to Prime Minister Justin Trudeau’s Decision to Step Down General January 6, 2025 The Surrey Board of Trade is acknowledging the news that Prime Minister Justin Trudeau has announced his decision to step down as Leader of the Liberal Party of Canada and Prime Minister of Canada, once a successor is selected. “We respect the decision made by Prime Minister Trudeau and appreciate his service to our country,”…
Surrey Board of Trade Provides Report on Federal Housing Initiatives Survey Results Economic Competitiveness & TradeGeneral December 18, 2024 The Surrey Board of Trade has released its Federal Housing Initiatives Survey Results report providing comments in response to the consultation on confronting the financialization of housing. Following the Federal Government’s recent announcements of new actions designed to lower the cost of housing, SBOT sought to ensure that the business community’s perspective is considered in…
