Outlook 2020bc

Traditionally, we haven’t put much thought into the value of exporting our services. Instead, we’ve focused on exporting our natural resources and the products made from them. However, the tradable services sector comprises a broad and exciting range of economic activities that provide major opportunities for BC and its principle urban regions. Service exports can be of very high value and could help to diversify the BC export base—both in terms of the mix of products and services we export and the diversity of markets into which we sell.

These services could be very valuable to our 2020 economy and its export base if we acknowledge their potential and develop suitable provincial and regional policies to foster their growth and long-term viability. In addition, service exports are environmentally sustainable and can be organized with a minimal ecological footprint.

The discussion in this paper has sought to raise awareness about tradable services, their diversity, and the opportunities that exist for BC to trade them nationally and internationally. We are already highly successful in selling many of these services across Canada and globally. Now we need to broaden the range of the services we sell, while also developing better data sources so we can measure our progress in seizing these opportunities.

Michael A. Goldberg is an emeritus professor and former dean of the Sauder School of Business at UBC. Kerri Brkich is the manager of Public Affairs for the ICABC.

Looking at the today’s imperative economical conditions it is obvious on the employer’s part to hire and retain every valuable and qualified employee and balance the turnover and return on investment. However to retain their business goals what time demands is the effective steps to hire people legally authorized to work in United States. A survey conducted by the Department of Homeland Security revealed that there are almost 7.2 million unauthorized workers employed only in America and certain steps need to be taken to lower this number. I-9 Employment verification process is the most accredited and strongly recommended procedure by the government to all the major especially mid cap and large business organizations within the country immediately after any hiring is processed.

In short, I-9 Employment Verification is a process or a voluntary program made available to all the employers operating within the boundaries of United States to know the legal eligibility and achieved certification of the hire employee. However, it is always against the US laws to hire an employee knowingly or unknowingly not licensed or authorized to work in United States and here are strict criminal and civil penalties prescribed for violating the I-9 verification laws.

For persons interested to achieve their authorized working status in United States you need to fill the I-9 Employment Verification form distributed at US department of Homeland Security and US citizenship and Immigration Services. Every employer trying to hire new candidate or an employee need to have a at least one I-9 Employment Verification form per employee and the employee needs to submit some original documents and correct documents to fill out the specified form. Please stay advised that I-9 Employment Verification form is a federal document to ensure the employer is hiring the individuals authorized legally to work in United States.

The law suggests that not only new hires but also current employees must comply with the restrictions stated under the I-9 Employment Verification laws and the same is true for every individual working in United States after November 6, 1986. The employer should keep the completed form secured for at least three years since the employees hiring and one year after termination. In addition, employer need not has to indulge any activities of submitting the completed form along with documents to any government agencies. In fact, whenever the authorized officials from the Department of Homeland Security, Department of Labor and the office of Special Counsel for the Immigration Related Unfair Employment Practices demands them for verification.

Tradable services represent an extremely diverse group of economic sectors. The following list features 10 groups of services that are either currently or
potentially tradable:[3]

• Education – ESL, primary, secondary, post-secondary (undergraduate and graduate degrees, professional diplomas, and training-trade certification);
• Health – consulting and selling health services and related biomedical technology innovations;
• F.I.R.E. (finance, insurance, and real estate);
• Architectural and engineering services, including mining, pulp and materials movement, and port development engineering;
• Information and communications technology (ICT) and new media;
• Producer services, including business consulting, marketing, management, accounting, and legal;
• Maritime services;
• Transportation and logistics;
• Government services; and
• Cultural industries.

Between 1997 and 2007, BC’s services sector grew by 37.9%, compared to a slower growth rate of 32.8% for the goods sector. The service areas that saw the most rapid growth rates were: wholesale trade (67.8%); retail trade (53%); information and cultural industries (69.1%); and professional, scientific, and technical services (50.6%).

Employment projections suggest that the importance of service industries to BC’s economy will continue to increase, and that they will account for the bulk of net job growth going forward, as indicated in the following chart:

Source: Canadian Occupational Projection System (COPS), Employment Outlook for British Columbia COPS BC Unique Scenario for 2005 to 2015 (Victoria, BC and Ottawa, ON: BC Stats and Statistics Canada), February 2007, page 5.