BCBusiness

February 2020 – First Mover

With a mission to inform, empower, celebrate and advocate for British Columbia's current and aspiring business leaders, BCBusiness go behind the headlines and bring readers face to face with the key issues and people driving business in B.C.

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Talk to Us Now E M A I L bcb@canadawide.com W E B S I T E BCBusiness.ca T W I T T E R @BCBusiness F A C E B O O K BCBusiness I n September, Mustel Group asked 600 B.C. residents how they felt the federal government should deal with escalat- ing political and economic tensions between Canada and China. Three-quarters of respon- dents felt that some form of action is needed, with little difference of opinion between the general population and business owners. "The sentiment reflected in the survey is likely the result of the amount of press this situ- ation has received, starting with the arrest of Huawei executive Meng Wanzhou in December 2018," explains Mustel general manager Josh O'Neill. "Since then, China has taken signifi- cant retaliatory actions, including bans on key Canadian exports. Even though British Colum- bia has strong ties to the Chinese economy, it doesn't come as a surprise to me that many B.C. residents feel that our government should take at least some measures to ensure that Canadian business interests are protected." ■ Poll Positions ( feedback ) FEBRUARY 2020 BCBUSINESS 15 What measures do you think the Canadian government should take to deal with the escalating political and economic tensions between Canada and China? PERCENTAGES DON'T TOTAL 100 BECAUSE SOME RESPONDENTS AGREED WITH MORE THAN ONE SUGGESTION 56% Reduce reliance on China as a trading partner 54% Limit Chinese investment in Canada and Canadian companies 30% Stop or limit the implementation of 5G technology 21% Introduce bans or tariffs on certain Chinese-made goods 13% Nothing. The situation will resolve itself eventually 11.6% Don't know Vancouver #501 – 777 West Broadway 604-872-0222 Coquitlam #250 – 1175 Johnson Street 604-936-8244 www.bcperio.ca

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