Affordability

The opportunity for change in a post covid-19 economy

Today the Vancouver Sun published an opinion piece that I recently wrote.

Undoubtedly, the COVID-19 pandemic has introduced uncertainty into all echelons of daily life. But uncertainty need not inspire fear. Uncertainty is the precursor to innovation and innovation is the precursor to change. We are offered two choices today. To fear uncertainty and to fear change, or to see this generational challenge as a generational opportunity.

Below I reproduce the text of the opinion piece. The original is available on the Vancouver Sun website.


Text of Article


It’s been just over two months since BC declared a state of emergency in response to the COVID-19 pandemic and only a few days since relaxed restrictions were introduced in stage 2 of our provincial response. Yet judging from the myriad communications my office receives, British Columbians are still very nervous about the future.

While various commentators are suggesting we are heading into a “new normal” for business and, more generally, society as a whole, it’s far from clear what that “new normal’ looks like. Therein lies an incredible opportunity for the creation of long-term socially, environmentally and fiscally resilient and sustainable policies for British Columbia. For right now “uncertainty” seems to be the only thing “normal” in our daily lives.

Every challenge, whether it be global climate change, poverty reduction, the opioid crisis, the changing nature of work or even the COVID-19 pandemic, presents us with an opportunity for creativity & innovation; in other words, an opportunity to do things differently moving forward. For often the single biggest impediment to change is fear of the uncertainty that it will bring.  Many entrench and defend themselves in the comfort of the status quo.

Jurisdictions that emerge from the COVID-19 pandemic stronger than before the deadly virus took hold will be those that adapt and respond in a timely fashion. Standing by and waiting for the holy grail of a vaccine or herd immunity, which may or may not ever occur, is simply not an option.

We are incredibly fortunate to live in British Columbia. Our provincial response to the pandemic to-date has been nothing short of exceptional. We’ve had calm, collected, evidence-based leadership by provincial Health Officer Bonnie Henry and Health Minister Adrian Dix. And most individuals and business have responded quickly to their requests, suggestions and orders.

As a direct consequence, British Columbia is now in a position to capitalize on the opportunities for change that the COVID-19 pandemic has created. But this will require an ongoing commitment to focus on the sage advice offered in a number of reports that were recently presented to the province.

On January 30, B.C.’s Food Security Task Force report was publicly released. “The Future of B.C.’s Food Systems” issued four recommendations designed to situate BC on an innovation pathway to capitalize on our strategic advantages in this sector. The report notes that the Netherlands ranks 131st in the world in terms of land area but is the world’s second largest exporter of agricultural goods. This is only possible because of the country’s focus on high value products, investments in innovation ecosystems, support for supply chain development, and strong land use policies. That’s what we should be doing in BC.

On May 11th the Emerging Economy Task Force final report was publicly released with 25 recommendations to assist British Columbia capitalize on global trends and technological advancements in the years ahead. That same day the final report from BC’s inaugural Innovation Commissioner, Dr. Alan Winter, was also publicly released. Dr. Winter provided five recommendations to government to encourage and assist the transformation of our economy to one that is resilient, based on our strategic strengths, and ready to lead in the 21st century.

And we will soon learn more from three distinguished scholars who are putting the finishing touches on their report exploring the role that basic income might play in reducing poverty and preparing for the emerging economy. A sneak peak of what we might expect from them appeared in an article entitled “Considerations for Basic Income as a COVID-19 Response” that was published Thursday by the University of Calgary’s School of Public Policy.

A common theme in all these reports emerges. In light of the threat of pandemics, growing income inequality, and climate change, as well as the changing nature of work, modern economies need to quickly prepare. What has worked in the past will not work in the future.

As British Columbia emerges from the COVID-19 pandemic over the next year or so, we must learn from our mistakes and capitalize on opportunities that have arisen. The global shortage of protective medical equipment highlighted the importance of shoring up local supply chains and ensuring we have diversified manufacturing capacity locally. The complete chaos unfolding in the United States and Brazil as COVID-19 runs rampant there also underpins the importance of evidence-based decision-making in policy formulation.

British Columbia must also rethink its approach to the resource sector. Globalization has meant that we’ll never compete with jurisdictions that don’t internalize the social and environmental costs of resource extraction unless we are smarter, more efficient, cleaner and innovative in our extraction methodologies, and focus on value-added products for export. Sadly, our approach in recent years has been to literally give away our raw natural resources with little focus on the long-term effect this will have on the well-being and sustainability of rural BC.

British Columbia has three strategic advantages that set it aside from other jurisdictions around the world. 1) British Columbia is one of the most beautiful places anywhere to live. As such, we can attract to BC and retain the best and brightest worldwide because of the quality of life and the stable democracy that we can offer. 2) We have one of the best K-12 and postsecondary education systems in the world. They produce a highly skilled and educated workforce ready to meet the challenges of the 21st century. 3) We have boundless renewable resources in the form of clean energy, wood, water and agricultural land. And we have an economic plan embodied in CleanBC that recognizes these strategic strengths at its very core.

We should be using our strategic advantage as a destination of choice to attract industry to BC in highly mobile sectors that have difficulty retaining employees in a competitive marketplace. We should be using our boundless renewable energy resources to attract industry, including the manufacturing sector, that wants to brand itself as sustainable over its entire business cycle, just like Washington and Oregon have done in attracting a large BMW manufacturing facility and Google data centre to their jurisdictions.

We should be setting up seed funding mechanisms to allow the BC-based creative economy sector to leverage venture capital from other jurisdictions to our province. Too often the only leveraging that is done is the shutting down of BC-based offices and opening of offices in the Silicon Valley.

Undoubtedly, the COVID-19 pandemic has introduced uncertainty into all echelons of daily life. But uncertainty need not inspire fear. Uncertainty is the pretext to innovation and innovation is the pretext to change. We are offered two choices today. To fear uncertainty and to fear change, or to see this generational challenge as a generational opportunity. I prefer the latter and I’m excited to continue working with the BC NDP government in our attempts to capitalize on this opportunity.

 

On the gaps that exist in economic supports available to individuals & businesses during the COVID-19 pandemic

Without a doubt, British Columbia has led the way in North America in terms of introducing measures to curb the spread of the COVID-19 virus in our province. We are very fortunate that so many people are following the advice of  Health Minister Adrian Dix and Provincial Health Officer Dr. Bonnie Henry. Thank you to all for staying the course during these difficult times.

Nevertheless, with Canada just over one month into a nationwide lock-down we are beginning to get a better idea of where the gaps are in the existing economic supports and where further relief is needed. Since many of the initial government interventions were broad in scope, needs specific to different industries have been left unaddressed by the existing programs. In BC, a BCC survey found that the current programs were of little use to one third of businesses, with nearly half of businesses with under five employees reporting that they do not find the existing programs to be helpful. Ongoing email exchanges and conversations with British Columbians have also revealed additional gaps in the existing programs. Some of these are highlighted below.

The Tourism Industry is Reeling

Unsurprisingly, sectors dependent on in-person interactions such as the hospitality and tourism industries have been among the hardest hit by the pandemic. For many businesses in the tourism industry, capital expenditures are typically made during the off-season and are offset by revenue generated throughout the summer months. However, the combination of social distancing measures, travel restrictions, and the closure of BC Parks and Natural Reserves has meant that tourism operators have been forced to grapple with hundreds of last-minute cancellations just as their busiest season was about to begin. With many businesses needing to service pre-existing debt loads, the loss of summer revenue has placed them in a precarious position. Exacerbating matters is the fact that many operators have had limited success in negotiations with travel insurance companies around the reimbursement of guests’ travel costs.

Currently, the economic supports introduced by the federal and provincial governments do not adequately address the scale and scope of the challenges that the industry faces, particularly given its seasonality. Assistance offered by the private sector such as deferring loan payments for three months are only stop-gap measures because payments will eventually come due. Additional solutions proposed to address the issues the tourism and hospitality industries are facing have included altering the terms of the existing loan programs to provide longer repayment periods, larger loan guarantees, and determining loan eligibility on a per property basis rather than a per owner basis.

Rent Assistance

One concern common to both individuals and businesses is the ability to pay rent. Even before the current economic crisis began, the high cost of living in urban areas was a pressing issue in federal and provincial politics. Rent prices have been increasing over the last decade and as of November 2019 the average rent in Vancouver was $2,507 per month. In Oak Bay, just under 20% of households fall below the affordability standard, defined as spending 30% or more of income on shelter costs.

Although Ottawa and Victoria have stepped in to provide the Canada Emergency Response Benefit (CERB) and the BC Temporary Rental Supplement Program (BC-TRS) respectively, many individuals have indicated that the existing supports will not be enough to get them through the crisis, particularly given the fact that relief from other recurring expenses such as mortgage payments, property taxes, utility bills, and debt payments are only temporary. If people are unable to make rent payments, hundreds of tenants could be facing eviction when the crisis is over. The impact of missed rental payments would also be acutely felt by landlords, many of whom are reliant upon rental income to make mortgage payments or to support their retirement.

On a commercial level, almost 60 percent of Canadian small businesses have said that they will be unable to pay rent come May 1st. The situation is particularly urgent in the food service industry where three quarters of respondents to a Restaurant Canada survey reported that that rent was a primary source of business debt.

Solutions floated to the issues facing renters and landlords have included increasing the provincial rent supplement, and federal government intervention to support renters by topping up the CERB payment. The recently announced Canada Emergency Rent Assistance program should provide much needed relief to small businesses but will need to be closely monitored to determine if it is ambitious enough. Many small business owners have expressed their reluctance to take on more debt and may require further support in the weeks ahead.

Ongoing Restrictions to the Canada Emergency Wage Subsidy

While making the criteria for the Canada Emergency Wage Subsidy more flexible has helped more businesses qualify for the program, many firms have indicated that they are still slipping through the cracks. Currently, only one third of businesses in BC are confident that they will qualify for wage subsidy, with 28% of businesses reporting that their revenue has not declined enough to meet the eligibility requirements. This issue is particularly pressing for businesses that have experienced revenue declines but are still trying to stay open to provide services to customers. Without additional support many of these businesses will be forced to close and layoff their employees, making an eventual economic recovery all the more difficult.

Unaffordable Childcare Costs

Both the province and the federal government have taken steps to ensure that essential service workers are able to access child-care throughout the pandemic. At the federal level, the CERB has been extended to those forced to care for their children at home and the Canada Child Care Benefit has been increased by $300 per child. In BC, the provincial government has prioritized spaces in child-care centres for essential service workers and has provided access to child-care services for school aged children through schools themselves. Yet despite these measures, essential service employees with children above the age of five are still struggling to find affordable child-care services. In some school districts, schools no longer have the capacity to offer child-care, forcing parents unable to work from home to resort to private options. For many households, the costs of private child-care are too high to remain a viable long-term solution to the lack of in-school supports.

Throughout the pandemic, essential service employees have been deservingly lauded as heroes for their selfless commitment to others. With some of these workers still struggling to find affordable child-care for their children, Ottawa and Victoria need to address the gaps in the existing support network so that workers in essential industries can continue to provide the services that British Columbians count on. If further support does not come soon, essential services workers may be forced to quit their jobs to care for their children at home.

Possible options here could include extending childcare services to out of district students if there are enough spaces available, distributing additional tax credits to families, or making the criteria for the CERB more flexible to cover a portion of the costs of childcare for essential service workers.

Supporting Individuals and Businesses

At the moment, there is a narrow window of opportunity for governments to act to aid struggling sectors and individuals. Many businesses are dangerously close to being forced to permanently close and cannot wait much longer for further assistance. Going forward, the government might focus on ensuring that as many individuals and businesses as possible can access their programs. Given the consequences of not doing enough, I am of the view that it is is better to do too much than to do too little.

 

Why I support and will vote for BC Government Budget 2020

On Thursday this week members of the BC Legislature will vote on the BC NDP’s 2020 budget.

The BC NDP’s 2020 budget continues to build on the positive work done since my colleagues and I first signed the Confidence and Supply Agreement (CASA) in 2017. The Premier and I reiterated our ongoing support for the CASA agreement in letters we exchanged shortly after I left the BC Green Caucus to sit as an independent as their leadership race unfolds.

In my view, Budget 2020 delivers on multiple fronts by making investments which will benefit numerous demographic groups. And rather than becoming mired in politically expedient short-termism, the budget charts a path forward to an economy centered around sustainable development and innovation.

This budget reflects many of our shared priorities. While no budget will please everyone, and all budgets can be criticized for what’s not in them, taken together I am very pleased with what’s in Budget 2020 and look forward to supporting it in the upcoming vote.

Below I expand upon my media release from last week and provide further thoughts and reflections on Budget 2020.

Affordability

Currently, the high cost of living in urban areas in BC is putting the comfortable middle-class lifestyle enjoyed by previous generations out of reach for large segments of the population, and the government is addressing the issue by continuing to introduce measures designed to make life more affordable. The complete removal of MSP premiums should save a family of four $1,800 per year while raising the earnings exemption for those on income and disability should put more money back into the pockets of those who need it most.

I am absolutely thrilled to see the regressive form of taxation embodied in MSP premiums finally eliminated. I’ve been working towards this end since January 2015 when I first announced that the BC Green Party, if elected, would eliminate the MSP premium and replace it with a progressive form of revenue generation mirroring what was done in Ontario. Public support for this was overwhelming as indicated by the tens of thousands of British Columbians who signed petitions or emailed their MLAs, and by the fact that both the BC NDP and the BC Liberals eventually also embedded a promise to eliminate MSP premiums in their 2017 election platforms.

Ongoing funding increases to childcare in BC should help to alleviate an economic stress for young families while benefiting the entire economy through greater female participation in the labour force, families with more disposable income, and the creation of jobs related to early childhood care.

On the housing front, the combination of the speculation tax (which I spent much time working on collaboratively with the Finance Minister to ensure it was razor focused on urban speculation) and the construction of affordable housing should bring unit costs down, but these measures need to be combined with continued conversations with municipalities about ways to increase density to most effectively deal with the housing crisis. Further work is needed to combat underemployment (only 39,300 of the 65,400 jobs created last year were full-time) and to provide support to those dealing with addictions, homelessness, and mental health issues, but in a time of economic uncertainty the government is continuing to devote resources to ensuring that those who require assistance are able to get it.

Education and Youth

For years, BC has been the only province without an up-front, needs-based, post-secondary educational grant. The 2020 budget rectifies this situation by introducing the BC Access Grant. Making the grant up-front is especially important because it gives students immediate financial aid, allowing them to focus on their studies without the added stress of worrying about how they are going to pay tuition or loans. The grant will also be of medium-term economic benefit to the province, helping to address anticipated shortages of healthcare providers and workers equipped with the skills needed to power an economy driven by green energy and intangibles.

The growing number of students requesting access to on campus mental health supports has been well documented and the government has responded with the introduction of a new 24/7 mental health counselling service. This system will help to provide many students with the support they need to navigate the challenges of living away from home for the first time, the pressures induced by social media, and the financial stressors that come with being a student. The new support network is not panacea to the increasing number of young adults who experience mental health challenges, but its creation demonstrates that the government is taking students’ concerns seriously and is working to address them.

Additionally, after years of inadequate funding, the government is continuing to make investments into supplying the teachers, psychologists, and educational assistants needed to maintain our public education system’s status as one of the best in the world. Indeed, a primary driver of long-term economic growth, a well-educated, skilled workforce, can only be produced through investments into our public education system now.

Strong education systems  correlate with positive health outcomes, greater social mobility, and higher levels of civic engagement. However, the mismatch between four-year political timelines and the time it takes to see the benefits of investments into education can create incentives for governments to shirk their responsibilities to adequately fund public education systems. By taking the long view and investing substantial resources into our education system now, the government is continuing to demonstrate that it is committed to sustaining our province’s prosperity.

Capital Projects and Innovation

Government choosing to make record-breaking investments into infrastructure projects while capital is cheap is a prudent choice which will help the province to deal with multiple immediate and looming challenges. Transportation related infrastructure projects such as the Pattullo Bridge replacement, Skytrain expansions, and additional HOV lanes should tackle pressures associated with continued urbanization and help to reduce congestion and pollution while facilitating the smooth flow of goods and services. Hospital overcrowding, another pressing issue in the province, promises to see relief through the construction and renovation of multiple hospitals. Additionally, the construction and renovation of numerous schools will assist areas of the province dealing with demographic pressures, and ongoing seismic upgrading is a much needed investment after years of delayed progress.

Innovative design and the integration of BC engineered wood products and energy/energy conservation systems into these capital projects demonstrates British Columbia’s ongoing leadership in recognizing that the reduction of greenhouse gas emissions can be paired with job creation throughout the province. Although it is true that the province’s debt will increase in order to finance these record-breaking capital projects, our debt to GDP ratio remains at a sustainable level.

I was also pleased to see that  government is providing a roadmap to an economy with sustainability and entrepreneurship as its cornerstones, the importance of which I have emphasized to government in countless hours of discussions and negotiations.

We have the resources to transition to an innovation driven, low-carbon economy but businesses require the certainty that comes with a clear commitment from government to supporting emerging industries in order to feel comfortable investing in them. Although there are some measures which push in the opposite direction that I will continue to oppose, on balance, the province is signaling its commitment to supporting an emerging economy that realizes BC’s comparative advantages.

Measures such as targeted investments into the bioeconomy, the exemption of electric aircrafts and electric aircraft conversions from PST, and the pledge to establish a quantum computing institute all aid burgeoning industries capable of becoming areas of economic strength for the province. Ongoing incentives to purchase electric vehicles and charging stations are simple, smart demand-oriented policies which will continue to electrify transportation. More work is needed to encourage retrofitting and the development of renewable energy sectors which harness BC’s natural resources, but the province is well on its way to transitioning to the economy of tomorrow.

Rural Development

Rural areas of the province continue to be connected to high-speed internet, giving them access to the benefits of the digital economy, and forestry dependent communities will see much needed relief through The Forestry Worker Support Program. We need to continue to transition towards a more sustainable model of forestry which produces high value-added exports but the coastal revitalization initiative, investments into the bioeconomy, and the use of made in BC engineered wood are steps in the right direction.

The only way we’re going to compete in the resource world is not to just dig dirt out of the ground and think, somehow, we’re going to compete with a jurisdiction that doesn’t internalize the social and environmental externalities we value here. The way we do that is to be smarter, more efficient and cleaner. We do that by bringing the technology sector together with the resource sector. We do that by focusing on the value-added. We do that focusing on efficiency, being cleaner and selling those technologies elsewhere, like MineSense, Axine or others. I was pleased to see that the BC NDP government has recognized this in both Budget 2020 and their recent Throne Speech.

I feel that this government is on the right track. It understands where the future of our economy is. It doesn’t lie in simply continuing to dig dirt out of the ground. It never will. It lies in innovation. It lies in the harvesting our resources in innovative ways by bringing the tech sector together with that.

Concluding Remarks

Although the scale of action  may not be as large as some may desire, there is a lot to like in a budget that devotes resources to raising the standard of living for many now while articulating a positive long-term vision for the province. I look forward to supporting the budget on Thursday.

 

 

Responding to the BC NDP 2020 Budget

Today the BC NDP delivered the budget for the next fiscal year. Below I reproduce the media release my office issued in response to it. As you will see from the release (reproduced below), I was pleased with Budget 2020 and I look forward to expanding on these initial remarks when I respond in the legislature hopefully tomorrow.


Media Release


MLA Weaver responds to 2020 Budget
For Immediate Release
February 18, 2020

Victoria, BC — The BC NDP’s 2020 Budget is one that invests in the people of British Columbia and charts a path forward for a sustainable economy that works for everyone.

“I’m delighted to see this government continuing to work towards lowering the cost of living for middle class British Columbians,” said Andrew Weaver, MLA for Oak Bay-Gordon Head. “Actions such as the elimination of MSP premiums which I have long advocated for, the construction of new affordable housing units, the raising of earnings exemptions for those on income and disability assistance, and increased funding for childcare and public education should ensure that the benefits of economic growth in BC are widely shared”.

While the 2020 budget introduces several changes that positively impact the lives of British Columbians now, it is also forward looking, making significant investments into the future of the province and in particular today’s youth. Funding dedicated to increasing the supply of teachers, counsellors, and psychologists contribute to the positive social and cognitive development of our children as they move through school.

The creation of the needs-based, up-front BC Access Grant should equalize post-secondary educational opportunities in the province by allowing students to focus on their studies without worrying about how they are going to pay for their tuition. New 24/7 mental health resources for students at post-secondary institutions should no longer place young adults in a position where they feel like they have to choose between their personal well-being and academic success.

“BC’s 2020 budget also makes necessary infrastructure investments, at a time when access to capital is cheap, to manage a growing population while, at the same time, transitioning the province to a low-carbon economy by linking capital expenditures to Clean BC,” adds Weaver.

The construction of new hospitals, bridges, roads, houses, and schools promise to create numerous good, well-paying jobs in all regions of our province in addition to alleviating strains on public services.

“Innovative design and the integration of BC engineered wood products and energy/energy conservation systems into these capital projects demonstrates British Columbia’s ongoing leadership in recognizing that the reduction of greenhouse gas emissions can be paired with job creation throughout the province,” notes Weaver.

Although the budget does continue to devote resources to projects which I continue to oppose, such as the Site C dam and LNG developments, I am pleased that the government is now demonstrating its commitment to the economy of tomorrow by supporting the emerging bioeconomy, the quantum computing sector, the agri-tech and life sciences. The continued backing of renewable energy projects, ZEVs, and electric aircrafts will make our economic growth largely sustainable.

At its heart, the 2020 budget is one that places people first while embracing the opportunities created by technological and climatic change, ensuring that BC is well positioned to thrive moving forward.

MLA Weaver will monitor the progress and implementation of these budget measures to ensure they benefit the people of British Columbia.

-30-

Media contact
Judy Fainstein
Executive Director
Legislative Office of Andrew Weaver, MLA
+1 250-744-7615 | Judy.Fainstein@leg.bc.ca

 

Responding to the February 2020 Speech from the Throne

Today in the Legislature I rose to provide my response to the BC NDP government’s Speech from the Throne. The throne speech focused largely on identifying the advances that have already been made and pathways forward to build on those advances for the betterment of British Columbia. I spoke in strong support of the throne speech as outlined in the text and video of my response (reproduced below).


Text of My Response


A. Weaver: Thank you to the members of government here who give a little applause as I rise as an independent member to speak in strong support of the throne speech we heard yesterday.

Before I start, I wish to acknowledge and thank government for raising and acknowledging the passing of a number of friends and constituents: Al Martin, a neighbour, a conservationist, a friend, a great British Columbian; Nils Jensen, former Oak Bay mayor, a friend, a great British Columbian; Eli Pasquale, who went to UVic at the same time as me and was in the rival basketball team, as I was in the rival rugby team, who passed away at the young age of 59 — his number 13 has been retired at the University of Victoria — and of course, Paul Fraser, who we all know in this Legislature, who I became very close to over the years. He will be a great loss to all of us and British Columbia in general.

I’d like to start by addressing some of the issues in the throne speech. Now, with respect to the throne speech, it’s quite clear that the throne speech focussed largely on identifying the advances that have already been made and pathways forward to build on those advances for the betterment of British Columbia. Government has, in its throne speech, mentioned that it has already got big money out of politics and strengthened lobbying rules.

As the former leader of the B.C. Green Party, I feel very strongly that these are quite good policies and take great pride in the role that we played in working with government in ensuring that transparency and getting big money out of politics was done early in the term.

I would like to address, before I move on, an issue raised by the member for Kelowna West with respect to closing trade offices. Now, again I’m going to commend government for doing precisely that and doing what virtually every other province in Canada does, which is recognize that you are not a province in isolation of a country and your trade offices should be embedded in national offices to ensure that you capitalize on national opportunity, for which British Columbia has strategic advantage.

The fact that the previous government went rogue alone is quite remarkable. There are still many questions left as to what value was ever achieved from those multi-million-dollar leases for trade offices that were only used for British Columbia. So I commend government for their moves in this regard, and I think many fiscally responsible people will also look at that as a great achievement. It will not affect trade, and if anything, it will expedite the passage of information between provinces and the nation of Canada and enhance trade with our beautiful province.

To health care. I’m very proud of what government has done and the small role we’ve played in some of this — in the issues of MSP, for example. This is one that I personally take great pride in, for it was about five or six years ago that I stood in this Legislature and announced that the B.C. Greens would eliminate MSP as part of our campaign promise.

We feel we deserve a bit of credit for getting both parties — both the B.C. Liberals and the B.C. NDP — to recognize that public support for the elimination of MSP was so strong that really you couldn’t go forward into an election without making that a form of a campaign promise. To see it come to fruition is very, very satisfying, and I thank government for making that happen.

Government has taken the approach, a wise approach in my view, to recognition that, at times now, when capital is cheap, that is the time you use capital to invest in the province. We’re seeing funding of new hospitals and primary care centres. We’re seeing funding of new schools. And I’ll come back to that in a second. This is the time to do it, when the capital is cheap. I think that government deserves a good deal of credit for its ventures down this avenue.

I’m still hoping and still working with government to ensure that they recognize that each and every school and hospital that is built should be viewed through the eyes of innovation, as an opportunity for innovation, to showcase British Columbia technologies, British Columbia–engineered products — we’ve heard that in the throne speech today — as well as British Columbia energy efficiency and British Columbia renewable power.

We’ve got new diagnostic machines and funding for more health care professionals. I can tell you that one of the most important pieces of change that government has done in the last two years in the health care file is opening access to MRIs 24-7.

I personally have benefitted from that, and my wife has benefitted from that as well — many times, in fact. The months and months that people had to wait for diagnostic tools like MRIs was unacceptable, and the steps taken by Minister Dix in this regard truly deserve a lot of credit. We see money going into mental health services. We see money going into funding more professionals, seniors getting direct care.

On the issue of affordability, despite the rhetoric I just heard from the member for Kelowna West, government has done a remarkable job in delivering on the affordable file. We’ve seen a slow tempering of the market, a decrease at the higher end of the market in Vancouver – not a collapse, a tempered decrease, exactly the type of tempered decrease the market can absorb. Much of that artificial speculation that occurred has been tempered. Housing is becoming more affordable, and I look forward to working with government, along the lines as we did with the speculation and vacancy tax, as we move forward to deal with other rental and tenancy issues.

In particular, the speculation tax, which many in this room, including me when it was first introduced, felt was not thought through completely. The final implementation of that, I would argue — and I believe the Minister of Finance would, too, after many hundreds of hours of negotiations back and forth – is working. It’s working so well that there are jurisdictions like Tofino, like West Vancouver, that are asking to be included in such speculation tax to deal with this.

Interjection.

A. Weaver: I am hoping….

Yes, to the member who said “Really?” Yes, really. It’s actually….

There are other issues that I would like to, hopefully, see addressed as we move forward in this session with respect to rental, tenancy act issues. You know, one of the things I would like to explore is the notion — and I will be doing this on my blog shortly to get a sense of public opinion — that there is unfairness in the present system right now.

Let us suppose I live in Ontario, and I have a vacation condo in Victoria, and that vacation condo happens to be in a strata that has a “no rental” clause. Well, guess what? I don’t pay the vacancy tax because there’s a no rental clause in my strata. However, if I was the same person’s neighbour in Ontario and I had a vacation condo in a strata that allowed rentals, I would be subject to the speculation tax unless I rented it.

In my view, what we need to do in this province in a timely fashion is follow the lead of Ontario. In Ontario, they’ve eliminated the ability of strata councils to actually have no rental clauses attached to them. But in doing so, they allowed stratas to enable the banning of limited rentals – i.e., Airbnb or vacation rentals – and at the same time, grant to strata council the powers of eviction – the idea being that if there is an absent landlord, who is actually not looking after the property, council has the powers of eviction.

This, in and of itself, will create a vast amount of units. We don’t need to build more empty units. We can go to Metrotown in Burnaby. There are skyscrapers of empty units, with no rental clauses. What we need is we need units to be used. This, in my view, would be the single most important policy that I hope government will deliver upon in this coming session.

I’m also excited by the words that we saw in the throne speech about ICBC and the reforms that are forthcoming. Now, I recall in September of 2017, very shortly after Minister Eby took the role of Attorney General, he stood and he spoke out and said: “I’m not considering no-fault insurance.” At the time, I issued a press release, and I said: “Why would he do this?” Why would you take off the table ideas before you’ve actually looked at the books? Why would you not look at the model from Manitoba, having some of the lowest rates in the country, where they have a no-fault system?

We have the analogy in Saskatchewan, which is slightly different – and I know members from opposition will at some point raise it – in Saskatchewan it used to be no fault, and why over 90 percent of people in Saskatchewan are still no fault, the reason why is because it was no fault for a long time, and then they were allowed to potentially soon opt out of that, at a later date, and only a very few people did.

I think this approach to no fault is certainly going to be one that will get to the bottom of the books of ICBC. I mean, it’s a file that really has been neglected for some time by members of the opposition. I think they have to be very careful when they speak and try to pass blame on the present government in light of what they left behind. I think, in the words of the Attorney General, “a dumpster fire,” it was described as.

Education. You know, we come back to the economy. Again, I know the B.C. NDP like to be branded by the B.C. Liberals as bad for the economy. But we’ve had already balanced budget after balanced budget, and I’m convinced the next budget will be balanced with the triple-a credit rating being maintained and the strongest economy in the country. People want to live here. They want to come to British Columbia. Why? Because we are the most beautiful place in the world to live. We have a strong stable democracy, and we can offer everything.

Schools. Our school system in British Columbia is one of the top in the world. It ranks in the top five year after year in the international PISA assessments, ahead of the much-touted Finland, ahead of the much-touted Quebec. We are the very best. We have some of the best schools and best teachers in the province, and government now has invested substantively in more services for schools as a direct consequence of having to implement the rulings of the Supreme Court.

That, frankly, wasted a decade and, frankly — I’ve said this publicly — has led to a decade of children, a whole generation of children, not getting the services they needed at the times they needed in their early developmental years. From 2001 to 2017, for those 17 years, a generation of school children had their child psychologists cut, their speech pathologists cut, the in-class help cut, class size increases.

What would you expect as a result of that? Well, what you would expect is that as those children age out into adulthood, you’d start to see troubles in society. And lo and behold, guess what, delayed, down road, we’re dealing with an opioid crisis. We’re dealing with a homeless problem and an out of control….

Interjection.

A. Weaver: It is not a far reach.

Interjection.

A. Weaver: It’s interesting. One of the members opposite, who is a teacher, doesn’t clearly understand the research in education.

Interjection.

A. Weaver: Well, clearly you don’t, because it is very clear that the interventions in early years of child education are absolutely critical to put the children, particularly in their K-to-3 years, on the right paths for success. If you don’t catch it early, you have to pay down the road. That falls squarely on the B.C. Liberal government.

To the First Nations, I was very proud to be part of this collective group. There is no one individual. Collectively, the passing of UNDRIP legislation last year. I’m looking forward to seeing how that moves forward.

We see in the throne speech words about safety and policing. We see about increased diversity and inclusion and how a human rights commission has now been improved. There’s talk in the throne speech about what’s being done in the arts and culture and museums. Transport and rural development were there.

One of the key things that has been done — again, I’m very pleased with this; this is something we’ve been advocating for, for a long time — is the beginning of taking high-speed broadband into rural communities. You want to stimulate the economy of rural communities? It’s not going to happen until you bring broadband in.

The only way we’re going to compete in the resource world is not to just dig dirt out of the ground and think, somehow, we’re going to beat, say, Indonesia, which doesn’t internalize the social and environmental externalities we value here. The way we do that is we’re smarter, more efficient and cleaner. We do that by bringing the technology sector together with the resource sector. We do that by focusing on the value-added. We do that focusing on efficiency, cleaner and selling those technologies elsewhere, like MineSense, Axine or others. I was so very pleased, so very pleased to see that recognized in this throne speech as a direction this government is going.

I feel that this government is on the right track. It understands where the future of our economy is. It doesn’t lie in continuing to dig dirt out of the ground. It never will. It lies in innovation. It lies in the harvesting our resources in innovative ways by bringing the tech sector together with that.

You know, a member opposite lauded the $2.7 billion surplus that the last Liberal government left, and seemed to think that that was a good thing. It’s remarkable that this was actually raised — that this $2.7 billion number was touted as a good thing to have as a surplus — when we have the highest child poverty rates in the country, when we have over a decade with disability and welfare rates not being increased, where we have homelessness getting out of control and we have a $2.7 billion surplus. It’s outrageous fiscal mismanagement at its very, very worst.

The Liberals, who claim to be these managers of fiscal prowess, actually demonstrated fiscal incompetence in their budgeting in that last year. We see that not only in the $2.7 billion surplus, but we see that in the money-laundering issue going on, we see that in the out-of-control speculation in the real estate market, and we see that with what has happened to some of our most vulnerable, as they’ve been on the streets.

So I say that B.C. Liberals, as I said a while back, needed to be put in a time-out for some time. I’m still convinced that that time-out is not over yet. There needs to be a longer time-out until such time as the opposition starts to recognize that you have to govern for the people of this province, not for those who are your funders, not for the elite, not for the 1 percent. If you start governing for the 1 percent, you end up seeing what we see all around us today.

We see very disturbing trends emerging. We see society splitting into two ways. We see the kind of Trump, and we see the anti-Trump. We see these two kinds of polarizing views of society, the Trump far right and the anti-Trump, almost anarchist. This is a very, very dangerous situation that the world is moving towards. It does not help when we polarize this place and continue to suggest that one side is far better than the other. We must, for the betterment of all our society, start to recognize that we are in turbulent times.

When unruly mobs like this feel like they’re not being heard, it doesn’t lead well. We have ample, ample examples in human history about how it ends up. I don’t need to do history lessons here. The way it ends up is when income inequality gets out of control — when, for those who have, compared to those who don’t have, that gap grows more and more — that sows the seeds for discontent. Each and every time in human history where that has happened, revolution has occurred.

We don’t want that to happen in Canada. We’re a nation of peaceful people. We’re a nation built on immigrants. We’re a nation of openness and of multiculturalism, of awareness, of progressive policies.

We must govern for everybody and recognize that there are some in our society who have a bit too much — maybe some of them have earned it hard; some of them have just inherited it — and there are some who have just lost the lottery of life. It’s not like they knew they were going to be born into poverty. They just lost the lottery of life. Others might have been born into and won the lottery of life. That doesn’t mean you’re a better or a worse person.

As legislators, in my view, it behooves us to recognize that we have a duty to ensure that society is stable, that we actually help those who need the help, and that we say, to those who have some more: “You know what? Our society, collectively, is better if you give us a little bit more to help those who don’t, because we know what happens in human history if the elite go off over here and everyone else is down here.”

You might want to ask: “What happened in Russia?” Or you could talk about the French Revolution. You could talk about myriad examples like this around the world. This is not what I want to see British Columbia and Canada become.

Coming down to the direct quote from the speech. I want to read this, because to me…. I was blown away, to be blunt. I was very pleased to see this. Directly from the speech, it says this:

A strong economy cannot be built on a foundation of rampant real estate speculation. It cannot be won in a race to the bottom, with minimum standards and fewer workplace protections. And it cannot be gained through windfall profits earned on the backs of low-wage workers.

Instead, a strong economy comes from good-paying jobs that raise family incomes and everyone’s standard of living. It is built with quality public services as a cornerstone, services that help B.C. grow, attract and keep its skilled workforce.

“A strong economy is rooted in competitiveness, a necessary ingredient for success in today’s global marketplace. And it is in harmony with government’s commitments to fight climate change and achieve meaningful reconciliation with Indigenous peoples.

“These are the values that guide this government’s actions to build a sustainable economy that puts people first. The challenges we face, from worsening weather to global economic headwinds, make this work more urgent than ever.”

I’ll stop there and pause there and say that those words are remarkable. It is essentially saying, in the throne speech, that government gets what the challenges are. Then it moves on to say how it plans to deal with those challenges.

“As this government charts a new course to a low-carbon economy, powered by CleanBC, British Columbians can rest assured that not only will we weather these storms; we will create the conditions for people and industry to thrive.”

“CleanBC is a critical part of this government’s strategy to grow a sustainable economy with good jobs and opportunities for people. It’s been one year since CleanBC was launched, and British Columbians are starting to see that the way to a cleaner, better future is by innovating and working together.”

The change that has happened in one year is remarkable, whether it be as simple as just saying: “Look at how many electric vehicles there are….” Now, you might say: “Oh, electrics vehicles. Whatever.” That’s stimulating the economy. We have B.C. builders of electric vehicles.

We now have Harbour Air seeing the opportunity and seeing British Columbia with the signal that this government has sent, the signal that it sent to the world, that we want to be leaders in clean tech. Harbour Air, the first electric airplane in B.C. This is what you get.

We have Corvus building batteries now for Norwegian ships. We have Portable Electric building diesel generator replacements. Innovation in British Columbia is growing, and the single-biggest seed for that innovation is signals that governments can send saying: “We’re here to support you and nurture you.”

The creation of the innovation commissioner — one of my very dear platforms — has been very, very successful as well. If you track the additional moneys British Columbia is now levering out of Ottawa, we historically have been dreadful — and it falls squarely on the B.C. Liberals — at leveraging the pools of money that exist in Ottawa if you have matching funds here in British Columbia.

One of the first things, in discussions with the innovation commissioner, we talked about was ways to actually lever that. It’s happening now. That bodes well for innovation, and that bodes well for the B.C. economy.

You know, it further says here…. Well, it said in the speech…. It talked about the innovation commissioner as well. Also, it talks about that the government is going to have plastics action plan and climate adaptation plan. It’s pretty clear that the government is taking this issue seriously and that it will work with business to promote B.C. businesses as competitive suppliers of low-carbon products. There’s a lot in those small words.

We know that there are consumers out there who want to buy products that are low carbon. We know there are businesses who want to be viewed as benefit companies, which the legislation that was passed by government…. Well, I guess it was my legislation that we all passed. These small signals actually have much greater influence and emphasis on what actually happens in our economy. We’re seeing that now.

We see that government has a potential here to actually stimulate. It’s mentioned in the throne speech that it plans to do that by saying: “Okay. We as government can’t tell you what to do unless we’re willing to model the leadership we expect in others.” Government is going to start using, where possible, B.C.-based engineered wood products in its construction.

Government could continue to advance this by focusing its procurement process on B.C. innovation in a diversity of areas, and I’m convinced that that will happen as we move ahead.

You know, I don’t want to dwell on LNG, because, to be perfectly blunt, I will believe it when I see it.

I know we’re having fights over the Coastal GasLink pipeline. I know people are touting LNG Canada and the, let’s say, $40 billion investment — which it really isn’t because most of that’s being built in Asia and brought up on tide line and then getting steel tariff exemptions, etc.

However, the market for LNG is in the dumps. It doesn’t make fiscal sense right now, and I still will argue that you might get something at some point, but I wouldn’t be counting your pennies on getting any money from LNG. The deep-well credits, $3.2 billion accrued to be used against future royalties…. I mean, there are no royalties coming from natural gas in our province.

The construction of Site C, of course, means that we the ratepayers, not the ratepayers in Kelowna, mind you, because they’re with Fortis…. We the ratepayers in other parts of B.C. are going to end up paying 15 cents a kilowatt hour for electricity that we sell to LNG Canada for 5 cents and change a kilowatt hour. We know that there is going to be no LNG income tax act, so we know they’re going to get exemptions from carbon tax increases.

This scale of subsidy, in my view, is unacceptable. But even given that, I’ll stand here and say I don’t believe LNG will ever be delivered out of Kitimat, because the market simply will not be there. For these multi-billion-dollar companies, they kick the can — $1 billion here, $10 billion there. That’s the cost of doing business. Let’s see what actually happens down the road.

You know, I’ve been to a number of natural resource forums over the years. I’ve been a strong proponent of mining in this province, but again, mining in this province, as articulated and realized in the throne speech…. We will never compete by just going in with a pickaxe and digging dirt out of the ground. We’ve got to be smarter. We get companies like MineSense doing that. We find ways and means of extracting ore in clean ways that use less energy, that use less water, that actually make us more able to reclaim the land. That could be done so more efficiently.

You can grow an economy by making it bigger, by building more stuff, or you can grow an economy by building the same amount of stuff more efficiently. That is where our success will lie, through efficiencies and cleanliness and exporting the knowledge we have developed here.

I come to B.C. Hydro, which was mentioned, albeit passingly, in the throne speech. There’s still a lot of work that needs to be done in B.C. Hydro. Over the course of this session, I hope to use my question period times to focus on specific examples, in this regard, of the opportunities that are potentially lost, as B.C. Hydro seems to be a little bit of a behemoth that needs to be reined in, in some sense, to ensure that we actually allow competition, allow innovation in the energy sector, and we allow the partnership of small projects, existing projects with users of energy as well.

Forestry — another sector that was mentioned. I’m very pleased to see that the government recently got the settlement on Vancouver Island. That’s good news. Honestly, I think it’s very rich, again…. I mean, I don’t want to dis on the B.C. Liberals. I’m reacting to the comments I heard from the member for Kelowna West, who basically hurled abuse about the forest industry on the B.C. NDP. For heaven’s sake, we lost 30,000-something jobs. We’ve known mills were closing under their watch as well.

This is not a partisan issue. This is an issue that affects all of us. We need to put our collective minds together to think about how best to rejuvenate British Columbia’s forest industry. Is it really the tenure system? Does that really apply in the 21st century? I would suggest not. I would suggest that the tenure-licensing system has been the cause of the death of a lot of our forest industry. What we need to do is move to more of a temporary lease or more of a community-based approach to forest logging.

With that said, taken together, I’m absolutely thrilled to support this throne speech. I feel very pleased that some small part of that has been accomplished through the good work that was done through the collaboration that I have had and I know my former colleagues have had with a number of ministries. In my case, I would like to thank the Minister of Finance, who I held the files for, the Ministry of Attorney General, the Premier of course, the Housing Minister, Health ministers, Energy and Mines, who I’m really excited about looking forward to working with on the innovation file.

We’ve already started communication in that regard. I think this is a great appointment. The former Minister of Energy and Mines is moving to be the minister of innovation. I think that’s exactly what that ministry needs. We’re already met and ready to go.

I thank you for your attention. I look forward to a positive vote on the throne speech.


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