Skip to main content

“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

Business Council of BC launches Economic Dashboard with interactive capacity, providing insights into the health of BC’s economy


Yesterday, the Business Council of British Columbia (BCBC) launched the BCBC Economic Dashboard a new innovative, interactive data visualization tool developed in collaboration with the KPMG in Canada’s Lighthouse team. The Dashboard compiles economic data from a variety of sources to quickly provide insight into economic conditions and important trends in the province.

 

As British Columbians and Canadians continue to face disruption associated with the COVID-19 pandemic and its impact on human and business activity, the BCBC Economic Dashboard is a platform where people can obtain a quick snapshot alongside analytical context on the provincial recovery and explore developments in more detail.

 

The Dashboard, available at www.bcbc.com/dashboard, is populated with data from Statistics Canada and near real-time data from organizations such as Google Mobility, Geo Tab and Covid19Tracker.ca. Several daily updates regularly refresh the Dashboard’s data. Users can drill down and explore metrics in different industries and make performance comparisons across provinces. In time, the Dashboard will be enriched with more data feeds to better inform users.

 

“The BCBC Economic Dashboard is a publicly available platform which will become an invaluable tool for business leaders, public policy makers, and individuals looking for a convenient and reliable data source and common fact base to better understand the impact of the global economy and government policies on our shared economic and social well-being,” said Greg D’Avignon, President and Chief Executive Officer, Business Council of British Columbia.

 

“While the Dashboard is designed to provide insights in the context of the economy’s recovery and eventual waning of COVID-19 impacts, the tool will have lasting value as a resource for up-to-date and accessible data on the health of the B.C. and Canadian economies and citizens.”

 

“In an era where there is no shortage of data, there is tremendous value from collecting, organizing and analyzing the vast amounts of information at hand to derive meaning and insights,” said Walter Pela, Regional Managing Partner for KPMG in the Greater Vancouver Area.

 

“Working alongside BCBC’s economic and policy team, KPMG Lighthouse applied data science, analytics and digital development capabilities to create a centralized and automated repository that provides timely insights at a pivotal time when citizens, business and government are all looking for more visibility on where we are and where we are headed.”

 

“Our goal at the outset was to create a tool of value to a broad audience, people who don’t necessarily spend much time tracking economic data as well as analysts and others who work with economic information on a daily basis,” said Ken Peacock, Senior Vice President and Chief Economist at the Business Council of B.C.

 

“The KPMG Lighthouse team has made economic data accessible and interesting and informative – a Dashboard that is valuable to a broad array of users.”

 

“Over time, the Dashboard will be expanded to incorporate more own-source, real-time digital metrics and more information on the labour market, transportation trends, exporting activity and other information from other partners operating in B.C.,” added D’Avignon.

 

“We encourage users to visit the Dashboard regularly to track emerging trends in our economy.”

 

Economic analysis and insights based on data and information presented in the Dashboard and written by the Business Council of B.C.’s policy and economics team can be found at www.bcbc.com/dashboard.

 

The BCBC Economic Dashboard is the result of a collaboration between BCBC and KPMG, who provided data, analytics and dashboard development support to BCBC’s economic and policy team.

 

 

About the Business Council of British Columbia

Now in its 55th year as the premier business organization in British Columbia, the Business Council of B.C. is a non-partisan organization made up of 250 leading companies, post-secondary institutions and industry associations from across B.C.'s diverse economy. The Council produces exceptional public policy research and advocacy in support of creating a competitive economy for the benefit of all British Columbians.

 

About KPMG

KPMG LLP, a limited liability partnership, is a full-service Audit, Tax and Advisory firm owned and operated by Canadians. For over 150 years, our professionals have provided consulting, accounting, auditing, and tax services to Canadians, inspiring confidence, empowering change, and driving innovation. Guided by our core values of Integrity, Excellence, Courage, Together, For Better, KPMG employs nearly 8,000 people in over 40 locations across Canada, serving private- and public-sector clients. KPMG is consistently ranked one of Canada's top employers and one of the best places to work in the country.

 

The firm is established under the laws of Ontario and is a member of KPMG's global organization of independent member firms affiliated with KPMG International, a private English company limited by guarantee. Each KPMG firm is a legally distinct and separate entity and describes itself as such. For more information, see home.kpmg.ca

 

Comments

Post a Comment

Popular posts from this blog

Nurses Take Job Action After Years of NDP Neglect

Image Credit:  BC Nurses Union BC nurses have reached a breaking point after years of unsafe conditions, rising violence in the workplace and a government that wouldn’t listen. Now they are on the picket line fighting to be heard. Last week, nurses began job action with a 72-hour strike notice, refusing non-essential overtime and stepping back from non-nursing duties. As of Tuesday, they have escalated to picket lines for the first time in decades. This moment was avoidable. It is the result of years of unanswered concerns from the frontline workers who keep our hospitals running. Nurses have been raising the same concerns for years: unsafe staffing levels, rising violence on the job, and a workload no single person should have to carry. None of it is new, and none of it should have taken a strike vote to get the government's attention. "Nurses are exercising their legal right to job action, but it shouldn’t have had to come to this," said Kiel Giddens, MLA for...
Post a Comment
Read more

British Columbians Still Don’t Know Who’s Paying for NDP’s BC Hydro Deal

The NDP is making billion-dollar promises with BC Hydro, but British Columbians still don’t know who will pay the bill. Last week’s memorandum of understanding isn’t what the federal government and the NDP are making it out to be. It’s an admission that the NDP failed to make the long-term investments needed to keep B.C. powered. Now British Columbians have serious questions about the cost and whether BC Hydro ratepayers will end up paying the price. David L. Williams, MLA for Salmon Arm-Shuswap and Shadow Minister for BC Hydro and Electrical Energy Development , said British Columbians deserve clear answers about the full implications of the Canada–British Columbia Cooperative Prosperity Agreement. “British Columbians deserve the full truth,” said Mr. Williams. “This multi-billion-dollar announcement does not answer who pays for cost overruns, who pays for new generation, who carries the risk if industrial customers do not materialize, or whether ratepayers will be forced ...
Post a Comment
Read more

NDP Government Blames Everyone but Themselves

The federal government has announced new measures to support British Columbia's forestry sector, including $65 million in funding for projects across the province. While any support is welcome, it falls far short of the level of assistance other provinces have secured for key industries. Conservative Forests Critic Ward Stamer says the NDP government needs to take responsibility for its mismanagement of B.C.’s forest industry instead of trying to pass on the blame. Despite promising to create more jobs in the forest sector, the NDP government has overseen the loss of thousands of forestry jobs and 21 mill closures which have devastated communities. “If Premier Eby spent more time addressing the regulatory issues impacting the forestry sector than he did complaining about the federal government, we would not be in the position we are now,” said Stamer. “And instead of trying to place the blame for mill closures on Donald Trump, Minister of Forests Ravi Parmar should t...
Post a Comment
Read more

Labels

Show more