down to 35%, compared to 46.8% in 2012. Similarly, those who identified attracting high-calibre
employees as a major challenge jumped nearly 8 ppt (from 27.5% to 35.2%) between 2012 and
2013. Finally, it is interesting to note that the cost of housing was viewed as a major challenge
to business success in BC by more respondents (40.3%) than any other issue.
Figure 3: Top six issues ranked as major or moderate challenges to
business success in BC
84%
Percentage of
respondents who
viewed the issue
as a major or
moderate challenge
for business
82%
80%
78%
76%
74%
72%
70%
68%
66%
64%
Global
Attracting and
economic retaining high-calibre
climate
employees/
skilled labour
Housing
prices
Ability to
raise capital
BC
economic
climate
Canadian
economic
climate
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20
CPABC in Focus • Nov/Dec 2013
On policy making
When asked to rate the Canadian government’s ability to create a successful business
and investment climate, the percentage of
respondents who described it as “good” fell
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