Close X
Tuesday, November 5, 2024
ADVT 
National

B.C., Federal Governments Launch Initiative To Lure Asian Companies To Vancouver

The Canadian Press, 13 Feb, 2015 01:03 PM
    VANCOUVER — British Columbia is partnering with the federal government and the Business Council of B.C. on a project to lure Asian companies to Vancouver.
     
    Industry Minister James Moore has announced the creation of HQ Vancouver, a $6.5-million initiative to coax Asian corporations to move their North American head offices to the city.
     
    Moore says HQ Vancouver is meant to leverage B.C.'s strategic location and competitive tax rates to attract expanding Asian companies to invest in the province.
     
    B.C.'s Trade Minister Teresa Wat says Asian investment is critical to growing the province's economy, and head offices generate several benefits including job creation.
     
    Yuen Pao Woo, former head of the Asia Pacific Foundation, has been appointed president of HQ Vancouver and will lead a team focused on the day-to-day objectives of the project.
     
    Ottawa has promised to invest over $1.9 million over the next three years, while B.C. is expected to provide $3.3 million and the business council says its funding will be $1.2 million.

    MORE National ARTICLES

    Four Arrested After Five People Shot In Toronto: Police

    Four Arrested After Five People Shot In Toronto: Police
    TORONTO — Four people have been arrested in a shooting in northwest Toronto that sent five people to hospital, one with life-threatening injuries, police said Thursday.

    Four Arrested After Five People Shot In Toronto: Police

    Police Seek Graffiti Tagger After More Than 100 Incidents At Sun Peaks Ski Resort

    Police Seek Graffiti Tagger After More Than 100 Incidents At Sun Peaks Ski Resort
    Kamloops Rural RCMP Staff Sgt. Doug Aird says the suspect has been spray painting signs, posts and electrical boxes throughout the area.

    Police Seek Graffiti Tagger After More Than 100 Incidents At Sun Peaks Ski Resort

    B.C. Theatre Owners Tie Up Fifty Shades Showing Because Of 18A Rating

    B.C. Theatre Owners Tie Up Fifty Shades Showing Because Of 18A Rating
    SECHELT, B.C. — Owners of a small-town theatre on British Columbia's Sunshine Coast have thrown a kink into the plans of movie goers bent on seeing Fifty Shades of Grey. 

    B.C. Theatre Owners Tie Up Fifty Shades Showing Because Of 18A Rating

    Medical Professionals Try To Answer Burning Questions On Doctor-assisted Death

    Medical Professionals Try To Answer Burning Questions On Doctor-assisted Death
    TORONTO — In the wake of the Supreme Court of Canada's historic ruling that struck down the ban on physician-assisted death, health professionals are grappling with a host of thorny ethical and practical issues raised by the decision.

    Medical Professionals Try To Answer Burning Questions On Doctor-assisted Death

    Scientists Say Second Orca Calf Born To Endangered J Pod In Less Than Two Months

    Scientists Say Second Orca Calf Born To Endangered J Pod In Less Than Two Months
    VANCOUVER — Scientists say another baby has been born to an endangered pod of killer whales off British Columbia's coast — the second new addition in less than two months.

    Scientists Say Second Orca Calf Born To Endangered J Pod In Less Than Two Months

    Marathon Runner Steve Fonyo Stabbed In Possible Home Invasion In Surrey

    Marathon Runner Steve Fonyo Stabbed In Possible Home Invasion In Surrey
    SURREY, B.C. — Steve Fonyo, who carried on the legacy of Terry Fox and raised millions for cancer research, is reportedly in hospital with serious injuries after a possible home invasion near Vancouver.

    Marathon Runner Steve Fonyo Stabbed In Possible Home Invasion In Surrey

    PrevNext