B.C. Finance Minister Carole James speaks to economic impact of COVID-19 on the provincial budget, joined by Premier John Horgan and Education Minister Rob Fleming, B.C. legislature, March 17, 2020. (B.C. government)

B.C. Finance Minister Carole James speaks to economic impact of COVID-19 on the provincial budget, joined by Premier John Horgan and Education Minister Rob Fleming, B.C. legislature, March 17, 2020. (B.C. government)

132,000 B.C. jobs lost just the start of COVID-19 impact, finance minister says

Finance Minister Carole James says ‘this isn’t the entire picture’

The latest federal employment figures show 132,000 jobs lost in B.C. in March, but the actual impact of COVID-19 on the economy is much worse than that, Finance Minister Carole James says.

James commented April 9 on the increase to 7.2 per cent unemployment in B.C., which has led the country with the lowest unemployment of any province for the past two years. The results are from only the beginning of the coronavirus pandemic, James said.

“And we know in fact this isn’t the entire picture,” James said. “Of note in the statistics that came out today, is that there are thousands of other British Columbians who are out of work, and would normally be seeking work right now, but they’re hampered in their efforts for various reasons related to the pandemic. Their sector has been shut down. Those people are in addition to the kinds of numbers you’re seeing today.”

James said B.C.’s job losses are similar to what is being seen across the country with COVID-19 restrictions. “We’re seeing a real drop in accommodation and food services, hotels, restaurants,” James said. “We’re seeing a drop in wholesale and retail trade, again no surprise, and a big drop as well in culture and recreation. That would include tourism, movie theatres, sporting events, arts and culture.”

RELATED: 94th Williams Lake Stampede joins line of cancellations

RELATED: Vaccine needed for life to return to normal, Trudeau says

Restaurants Canada described the B.C. impact in a letter to Cariboo North MLA Coralee Oakes, the B.C. Liberal critic for small business. Their survey of B.C.’s 14,500 food services businesses found that four out of five have laid off employees since March 1, and seven out of 10 expect further layoffs if business conditions don’t improve.

“Nearly one out of 10 restaurants have already closed permanently and another 18 per cent will permanently close within a month if current conditions continue,” said Mark von Schellwitz, Restaurants Canada vice president for Western Canada.

Oakes endorsed the small business sector’s call for “immediate rent and commercial lease relief from the province.

“Most of the current support programs offered by government amount to tax deferrals that last until Sept. 30,” Oakes said.


@tomfletcherbc
tfletcher@blackpress.ca

Like us on Facebook and follow us on Twitter.

Coronavirus

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Permission to develop a residential treatment centre providing mental health and addiction recovery is being sought at the Tachick Lake Resort purchased by Carrier Sekani Family Services. (Regional District of Bulkley-Nechako photo)
Treatment centre eyed at former Tachick Lake Resort near Vanderhoof

Carrier Sekani Family Services awaiting adoption of rezoning bylaw

An aerial shot of Cedar Valley Lodge this past August, LNG Canada’s newest accommodation for workers. This is where several employees are isolating after a COVID-19 outbreak was declared last Thursday (Nov. 19). (Photo courtesy of LNG Canada)
41 positive COVID-19 cases associated with the LNG Canada site outbreak

Thirty-four of the 41 cases remain active, according to Northern Health

The North Country Inn and Restaurant in Vanderhoof notified the public Friday morning of a positive, COVID-19 case for one of its workers. (Facebook photo)
North Country Inn and Restaurant employee tests positive for COVID-19

The North Country Inn and Restaurant said the employee had not been in contact with its patrons

Cases have gone up in Northern Health in the past week, as they have all over B.C. (K-J Millar/Black Press Media)
Northern Health reports new highest number of COVID-19 cases in one day

Nineteen cases were reported to Public Health last Tuesday (Nov. 17)

FILE – British Columbia provincial health officer Dr. Bonnie Henry wears a face mask as she views the Murals of Gratitude exhibition in Vancouver, on Friday, July 3, 2020. THE CANADIAN PRESS/Darryl Dyck
Masks now mandatory in all public indoor and retail spaces in B.C.

Many retailers and businesses had voiced their frustration with a lack of mask mandate before

A man wearing a face mask to help curb the spread of COVID-19 walks in downtown Vancouver, B.C., Sunday, Nov. 22, 2020. The use of masks is mandatory in indoor public and retail spaces in the province. THE CANADIAN PRESS/Darryl Dyck
B.C. records deadliest day of pandemic with 13 deaths, 738 new COVID-19 cases

Number of people in hospital is nearing 300, while total cases near 30,000

(File photo)
Alberta woman charged after allegedly hitting boy with watermelon at Okanagan campsite

Police say a disagreement among friends at an Adams Lake campsite turned ugly

Court of Appeal for British Columbia in Vancouver. (File photo: Tom Zytaruk)
B.C. woman loses appeal to have second child by using late husband’s sperm

Assisted Human Reproduction Act prohibits the removal of human reproductive material from a donor without consent

Krista Macinnis displays the homework assignment that her Grade 6 daughter received on Tuesday. (Submitted photo)
B.C. mom angry that students asked to list positive stories about residential schools

Daughter’s Grade 6 class asked to write down 5 positive stories or facts

B.C. projects targeting the restoration of sockeye salmon stocks in the Fraser and Columbia Watersheds will share in $10.9 million of federal funding to protect species at risk. (Kenny Regan photo)
13 projects protecting B.C. aquatic species at risk receive $11 million in federal funding

Salmon and marine mammals expected to benefit from ecosystem-based approach

Join Black Press Media and Do Some Good
Join Black Press Media and Do Some Good

Pay it Forward program supports local businesses in their community giving

Barrels pictured outside Oliver winery, Quinta Ferreira, in May. (Phil McLachlan - Black Press Media)
B.C. Master of Wine reflects on industry’s teetering economic state

Pandemic, for some wine makers, has been a blessing in disguise. For others, not so much.

An employee of the Adventure Hotel was taken to hospital on Nov. 20 after she confronted a customer of Empire Coffee about not wearing a mask. File photo.
Nelson hotel employee suffers heart attack after being assaulted in anti-mask incident

An accountant at the Adventure Hotel is in hospital in Kelowna

Most Read