Trade and Investment British Columbia Blog (Tag: foreign)
Welcome to Trade and Invest British Columbia’s blog, where we get up-close and personal with the people, events, organizations and opportunities that are shaping British Columbia's vibrant and diverse economy.
 
Read on to discover how you can build your business by investing in British Columbia and trading with our companies.

BC Export Awards Recognize Innovative British Columbia Companies

December 6, 2018
Several B.C. exporters are being recognized for their exceptional achievements in innovation, job creation and contributions to the B.C. economy. Nine companies received top honours at the 36th Annual BC Export Awards, which honour the success and innovation of export companies in British Columbia.   Since its inception in 1982, the awards program has acknowledged the work of over 300 companies, reflecting the growth and diversity of British Columbia’s economy over the past 30 years. Extending across many industries, the awards recognize achievements in nine different categories and celebrate the contributions export... continue reading
Posted by Noor Subeh
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Smart Cities Make British Columbians’ Lives Better

November 29, 2018
Smart cities are urban areas that collect information from citizens and devices to create efficiencies and improve sustainability in traffic, waste management, hospitals and other community services. In the small town of Fujisawa, Japan, all of its houses are equipped with solar panels and fuel generators. This gives the town the ability to function off the grid for up to three days. Closer to home, the city of Vancouver uses a technology known as “The Dashboard” to organize the data from the thousands of emails and calls the city receives to better prioritize which issues need immediate attention. Being able to use d... continue reading
Posted by Vivian Lui
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B.C. Pet Product Companies Attend K-Pet Fair

November 23, 2018
Animal companionship is highly valued for both urban and rural lifestyles, where pets are commonly seen as family members. In Asia, the rapidly growing middle class is leading an incredible growth in the pet industry. This presents an export opportunity for British Columbia companies that specialize in premium pet products. The Canadian federal government, in partnership with British Columbia and Alberta, is organizing a Canadian pavilion at the K-Pet Fair (Nov. 23-25, 2018), the largest pet food and product industry exhibition in South Korea. The British Columbia trade and investment representative office in Seoul will support ... continue reading
Posted by Vivian Lui
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Government Aiming to Increase British Columbia Food Exports

November 21, 2018
British Columbia exported a record-breaking $3.9 billion worth of agrifood and seafood products to 157 markets in 2017. Canada and British Columbia governments are now helping food producers and processors increase exports to other parts of Canada and around the globe through the $5-million B.C. Agrifood and Seafood Market Development Program.   The B.C. Agrifood and Seafood Market Development Program provides federal and provincial government cost-shared funding support for B.C.’s agriculture, food and seafood sectors to undertake domestic and international export market development projects and activities. The prog... continue reading
Posted by Noor Subeh
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Discover the World of FinTech at the Singapore FinTech Festival

October 31, 2018
Trade and Invest BC and four B.C. companies will be attending the Singapore FinTech Festival, the largest financial technology event in the world. It is organized by the Monetary Authority of Singapore in partnership with the Association of Banks in Singapore. It runs from November 12 to 16, 2018, and is expected to attract over 30,000 participants, decision makers and investors, with over 300 exhibiting companies from approximately 100 countries. This key industry event promotes discussions on emerging themes in the sector, such as artificial intelligence and cybersecurity in finance, and showcases the latest financial services ... continue reading
Posted by Vivian Lui
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The Okanagan Grows as Tech Sector Hub

October 25, 2018
The Okanagan technology sector has been growing over the past few years and a recent study puts the extent of this growth into perspective. A new study commissioned by Accelerate Okanagan in conjunction with the Central Okanagan Economic Development Commission (COEDC) shows that the Okanagan region's technology sector is booming. The Okanagan tech sector has witnessed a year-over-year economic growth of 15% since 2013 and is now estimated to contribute $1.67 billion to the region's economy.   This is Accelerate Okanagan’s third survey to gauge economic impact, highlight growth and celebrate success since 201... continue reading
Posted by Noor Subeh
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Prince Rupert Port Expansion Sustaining its Strong Growth as North American Gateway

October 19, 2018
Located on British Columbia's beautiful Pacific North Coast and at the mouth of the majestic Skeena River, Prince Rupert is Canada’s Northern Gateway for Asia-North American trade. Prince Rupert is a transportation hub for Northern B.C., which is easily accessible by air (two-hour flight from Vancouver), ferry (B.C. Ferry or Alaska Marine Highway Ferry), rail (from Prince George) and highway 16. Framed and protected by coastal mountains and islands, Prince Rupert has the world’s second deepest, natural, ice-free harbour and is North America’s closest port to Asia. Shippers have discovered that Port of Prin... continue reading
Posted by Noor Subeh
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B.C. Seafood Companies Increasing Exports to China and South Korea

October 12, 2018
British Columbia’s high quality seafood products are in demand globally. In 2017, B.C. exported $3.9 billion worth of agrifood and seafood products outside of Canada. This industry produces over $14 billion in annual revenues and directly employs thousands of people in B.C. The province is rapidly increasing exports to growing markets such as China, South Korea and Southeast Asia. With a strong reputation for quality products and a strategic geographic location on the west coast of Canada, B.C. seafood producers are in a position to continue expanding exports in a growing global market. South Korea is a developing opportun... continue reading
Posted by Vivian Lui
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Indigenous Businesses in B.C.

September 28, 2018
Today, there are approximately 200,000 Indigenous people in British Columbia representing 198 distinct First Nations as well as Métis and Inuit groups, each with their own unique traditions and history. Many Indigenous communities have developed a broad range of business interests including in tourism, mining, agrifoods and forestry, and contribute to the growth of these sectors and of the province’s economy.  A great example of mining exploration companies working with First Nations is the BC Regional Mining Alliance (BC RMA).  This is a northwest regional partnership among the Tahltan Central Government, the Ni... continue reading
Posted by Vivian Lui
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B.C. Cherries Making their Way to Japan

September 19, 2018
Working closely with B.C.’s cherry growers, the federal government has secured access for fresh B.C. cherries to the Japanese market. According to industry experts B.C. cherry exports to Japan could be worth up to $8 million annually. The increased access to the Japanese market will advance competitiveness and create new opportunities for the fresh cherry sector, as well as drive economic growth and create more job opportunities in British Columbia. In 2017, Japan imported over $62.7 million of fresh cherries from around the world. This agreement will help Canada to reach the target of $75 billion in annual agrifood exports... continue reading
Posted by Noor Subeh
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