Performance Planning —
Continued
Goal 2: Increasing economic development throughout British Columbia, particularly in the Heartlands.
Objective 2.1 Facilitate economic growth throughout the province
Strategies:
1. Small business sector strategy — develop and implement a provincial strategy which increases the number of small business employees in the province and the value of small business exports.
2. Inbound investments — facilitate inbound investment into high-growth, high-opportunity sectors.
3. Fast-Track Projects — accelerate permits and approvals for approved capital investment projects through project fast-track.
4. Provincial Tourism and All-Seasons Resorts Strategies — implement strategies to promote British Columbia and achieve increases in tourism revenues.
| Measure |
2002/03 Base |
2003/04 Target |
2004/05 Target |
2005/06 Target |
| Employment in small business sector |
930,000 small business employees |
950,000 employees |
970,000 employees |
999,000 employees |
| Number of small businesses |
338,000 small businesses |
345,000 small businesses |
350,000 small businesses |
360,000 small businesses |
| Total number of inbound investment projects |
3 projects
$17 million/600 jobs
|
4 projects
$20 million/200 jobs
|
6 projects
$30 million/450 jobs
|
6 projects
$30 million/450 jobs
|
| Number of Heartlands capital investment projects accelerated |
None — new measure |
5 projects
540 jobs
|
9 projects
1060 jobs
|
11 projects
1500 jobs
|
| Tourism Revenues |
$9.2 billion in tourism revenues |
$9.2 billion in tourism revenues |
$10 billion in tourism revenues |
$10.4 billion in tourism revenues |
Objective 2.2 Maximize federal/provincial funding for our Heartlands
Strategies:
1. Canada/British Columbia Infrastructure Program — fund infrastructure projects that support economic development in the Heartlands.
2. Western Economic Partnership Agreement — negotiate new funding agreement for Economic Development Initiatives that recognize sectoral regional needs.
3. Funding for Regional Science Councils — fund science and innovation approaches for regional applications.
| Measure |
2002/03 Base |
2003/04 Target |
2004/05 Target |
2005/06 Target |
| Canada/British Columbia Infrastructure Program project funding |
50 per cent of $800 million in program funds committed |
Program funds fully committed by Spring 2004 |
Successfully manage cash flow of $200 million worth of projects |
Successfully manage cash flow of $200 million worth of projects |
| Western Economic Partnership Agreement project funding |
Financial administration of remaining commitments |
New 5 year project in place by Fall of 2003 |
Commit 20 per cent of total program funds on approved projects |
Commit 40 per cent of total program funds on approved projects |
| Regional Science Council funding |
Continue funding seven existing councils |
Continue funding seven existing councils
Formalize a Northwest council by Spring 2004
|
Ongoing |
Ongoing |
Objective 2.3 Advocate on behalf of small business
Strategies:
1. Canada/British Columbia Business Services Society — provide one-stop access to business information and tools for small business startup and expansion.
2. Small business participation in 2010 Winter Olympic Games — ensure small businesses are informed of opportunities leading up to the 2010 Olympic Games.
3. Initiate a smart regulation initiative specific to small businesses — ensure that government policy, legislative and service delivery frameworks support small business success, not impede it.
4. OneStop Business Registration — reduce government red-tape by providing effective and efficient business registration services for three levels of government.
5. Single Business Number — establish a common business identifier which reduces the time and complexity businesses encounter while reporting and remitting payments to three levels of government.
| Measure |
2002/03 Base |
2003/04 Target |
2004/05 Target |
2005/06 Target |
| Number of clients served by Canada/British Columbia Business Services Society |
125,000 transactions |
130,000 transactions |
135,000 transactions |
140,000 transactions |
| Small business participation in Olympic business opportunities |
Work with CBCBSS and the Olympic Secretariat to develop a plan to maximize opportunities for small business |
Work with CBCBSS and the Olympic Secretariat to develop a plan to maximize opportunities for small business |
3,000 businesses registered for updates on 2010 opportunities |
Cumulative total of 5,000 businesses registered for updates on 2010 opportunities |
| Federal, Provincial and local government adoption of the small business smart regulation initiative |
N/A |
Development of the smart business/smart regulation initiative |
Implementation of the smart business/smart regulation initiative in 6 provincial ministries and 20 local governments |
Implementation of the smart business/smart regulation initiative in 12 provincial ministries and 40 local governments |
| Measure |
2002/03 Base |
2003/04 Target |
2004/05 Target |
2005/06 Target |
| Clients served by OneStop Business Services |
10,000 clients services |
15,000 clients served
Successful transition of OneStop Services to Ministry of Finance
|
N/A — transferred to Ministry of Finance |
N/A — transferred to Ministry of Finance |
| Complete Single Business Number project |
No single coordinated business identifier |
Single Business Number project completed and closed-out by March 31, 2004 |
Complete |
Complete |
