Close X
Thursday, December 12, 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

    Police Investigate Apparent Murder Of 55-year-old Woman In Vancouver Island Home

    Police Investigate Apparent Murder Of 55-year-old Woman In Vancouver Island Home
    LADYSMITH, B.C. — Police in Ladysmith, B.C., are investigating the apparent murder of a 55-year-old woman.

    Police Investigate Apparent Murder Of 55-year-old Woman In Vancouver Island Home

    Gordie Howe's family mourns younger brother's death days before celebrity dinner

    Gordie Howe's family mourns younger brother's death days before celebrity dinner
    SASKATOON — Gordie Howe's family is grieving after the hockey legend's younger brother died just days before the family will gather in Saskatoon.

    Gordie Howe's family mourns younger brother's death days before celebrity dinner

    Former Arctic priest Eric Dejaeger sentenced to 19 years for sex offences

    Former Arctic priest Eric Dejaeger sentenced to 19 years for sex offences
    IQALUIT, Nunavut — A defrocked Arctic priest was sentenced to 19 years in prison for dozens of horrendous sex offences against Inuit children, while his victims received a plea from the sentencing judge.

    Former Arctic priest Eric Dejaeger sentenced to 19 years for sex offences

    RCMP Warned B.C. Government Budget Cuts Would Hamper Highway Of Tears Probe

    RCMP Warned B.C. Government Budget Cuts Would Hamper Highway Of Tears Probe
    VANCOUVER — The RCMP's highest ranking member in B.C. warned the provincial government last year that cutting its budget would hamper its ability to investigate missing and murdered women along the so-called Highway of Tears.

    RCMP Warned B.C. Government Budget Cuts Would Hamper Highway Of Tears Probe

    TransCanada CEO says EPA's call for further Keystone XL review a delay tactic

    TransCanada CEO says EPA's call for further Keystone XL review a delay tactic
    TORONTO — TransCanada's chief executive says suggestions that the environmental impacts of the Keystone XL pipeline be revisited in light of lower crude prices is merely a tactic to delay the project.

    TransCanada CEO says EPA's call for further Keystone XL review a delay tactic

    Company's Offices Searched As Part Of Investigation Into B.C. Mine Disaster

    Company's Offices Searched As Part Of Investigation Into B.C. Mine Disaster
    VANCOUVER — The B.C. Conservation Service has searched two offices of the company that owns the Mount Polley mine as part of an investigation into a tailings pond spill that gushed millions of cubic metres of wastewater into streams and rivers.

    Company's Offices Searched As Part Of Investigation Into B.C. Mine Disaster