Yearly Archives: 2017

/2017

Young People Unprepared for Technological Skills Revolution

Educating young people for jobs requiring technology is not keeping pace with the explosion of skills required. Canada is on the brink of a skills revolution with fully half of jobs requiring new skills and another quarter heavily disrupted by technology according to RBC Economics. But young people aren’t being properly educated to embrace that [...]

By | December 18th, 2017|News & Updates|Comments Off on Young People Unprepared for Technological Skills Revolution

5 Mistakes Every Entrepreneur Should Make

Entrepreneurs always hear about mistakes to avoid but what about the mistakes they should make? The founder of 1-800-Got-Junk says there are 5 entrepreneur mistakes every business owner should make.Brian Scudamore says these mistakes are part of the entrepreneurial journey and should be embraced as the best learning experiences for entrepreneur mistakes. These mistakes include; [...]

By | December 16th, 2017|News & Updates|Comments Off on 5 Mistakes Every Entrepreneur Should Make

Globe and Mail gives B.C. News a Prominent Place

Canada’s national newspaper has re-committed itself to giving B.C. news a prominent place amid the rest of the award winning journalism. That place, in the A section, means the Globe’s commitment to coverage in the West is long standing. Amidst news of the fentanyl crisis, real estate prices, the spreading impact of marijuana legalization and [...]

By | December 11th, 2017|Uncategorized|Comments Off on Globe and Mail gives B.C. News a Prominent Place

Will U.S. Inflation Affect Canada’s Economy?

U.S. inflation caused the economy to grow by 3.3% over the summer – it’s third fastest pace since the third quarter of 2014. The growth rate is slightly exaggerated by inventories of goods yet to be sold, which contributed 0.8 per cent to the third-quarter Gross Domestic Product, GDP, growth which is up from the [...]

By | December 6th, 2017|News & Updates|Comments Off on Will U.S. Inflation Affect Canada’s Economy?

Does Open Banking Benefit Your Business?

Banking is moving to a new ‘uber’ type method that allows bank data to be shared yet still protect consumers personal information against growing cyber-attacks. Major investments are being planned in open banking by 2020. This would grant third parties, such as financial technology startups, access to bank data to develop apps. Open banking would [...]

By | December 4th, 2017|News & Updates|Comments Off on Does Open Banking Benefit Your Business?

What to Do If Your Company Gets Hacked

Your company’s website has just been hacked. What to you do? Despite online security measures, a recent IBM study says 1 in 4 organizations will experience some form of cyber penetration in the next decade. Cyber hacking is expensive and can result in extensive downtime. There’s a growing risk to becoming a victim that businesses [...]

By | November 14th, 2017|News & Updates|Comments Off on What to Do If Your Company Gets Hacked

Beware-Ransomware Virus Passed On

BC Business Broker was recently affected by a ransomware virus passed on from a trusted client. The client had 6 email addresses compromised by this virus. The criminal ransomware organization sent ‘authentic’ looking emails to their database using a valid email address and signature. Emails sent through BC Business Broker and Sunbelt Network were compromised [...]

By | November 9th, 2017|News & Updates|Comments Off on Beware-Ransomware Virus Passed On

Bankers Question Inflation Practices in Global Economy

Monetary planners are questioning whether the age old practice of raising inflation rates to balance out the economy is still working. Central bankers are operating in a baffling new world that is the reverse of what their predecessors dealt with in the 1970s and 1980s. Instead of struggling to bring inflation down or keep it [...]

By | November 7th, 2017|News & Updates|Comments Off on Bankers Question Inflation Practices in Global Economy

Central Bank Wrestles with Inflation Challenge

Congratulations, Jerome Powell. This week you have been handed one of the toughest and most important jobs on the planet. As the new chair of the U.S. Federal Reserve, you will have to pilot the world’s most powerful central bank as it attempts to restore normalcy to a global economy still bearing scars from the [...]

By | November 7th, 2017|News & Updates|Comments Off on Central Bank Wrestles with Inflation Challenge

Canadian family business penalized by tax proposals

Under the new government tax proposal launched July 18, 2017, Canadian families looking to sell the family business to their children will be heavily taxed. Selling to an outsider would allow the normal capital gains tax exemption, but selling to their children would not allow the parent to utilize the existing capital gains tax exemption. [...]

By | October 3rd, 2017|News & Updates|Comments Off on Canadian family business penalized by tax proposals