BCBusiness

January 2024 – A Storm Is Coming

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.

Issue link: http://digital.canadawide.com/i/1512670

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C e n t r e, l e f t : J e n n y W i n s l o w ; C e n t r e, 3 r d f r o m l e f t : P e k o ; C e n t r e b o t t o m : i S t o c k / H a m z a Tu r k k o l; R i g h t : Ky o k o F i e r r o 5 BC BU S I N E S S .C A J A N U A R Y 2 0 24 CONTENTS "Even if the Bank of Canada doesn't raise rates again, higher rates will still have significant implications for the economy,"–p.22 22 Economic Outlook 2024 Our panel of expert economic prog- nosticators doesn't have great news for the year ahead. With economic growth starting to slow, unemployment on the rise and inflation sticking around, get ready for a perfect storm. Or, at the very least, long periods of rain BY MICHAEL MCCULLOUGH 33 Youth Entrepreneurs of the Year Awards From a smart bra startup to a privacy- first browser extension, the companies created by the B.C. winners of the League of Innovators' YEY awards are worth celebrating BY NATHAN CADDELL, ALYSSA HIROSE AND RUSHMILA RAHMAN C H A T T E R 8 EDITOR'S DESK The Big Smoke brings some fireworks T H E I N B O X 11 TRADE We take a look at how two very different European countries— Iceland and Lithuania — are courting investment with B.C. and Canada 12 GO FIGURE With the Vancouver International Boat Show taking place this month, we go on the lookout for stats around sailing 14 THE CONVERSATION Rogers CEO Tony Staffieri digs into the company's B.C. expansion and how it's handling the historic merger with Shaw 17 SMALL TOWN SUCCESS The story of how Tofino Kombucha went from humble roots to province-wide recognition 18 LAND VALUES We get the scoop on what it's like to drag a real estate development through a messy municipal paper trail 20 INTO THE FUTURE Renowned author Dan Pontefract talks about his new book and why we haven't yet mastered work-life balance Q U A L I T Y T I M E 51 WEEKEND WARRIOR Interior designer Kelly Deck embraces the Om through daily meditation 52 SOCIAL CUES How a B.C. brewery is using social media to expand its reach 53 PACK LUNCH Heading back to the office? We asked Superbaba chef Abdallah El Chami for an easy-to-prepare meal 54 CARRY ON The latest travel tips and tricks, plus advice from Vancouver PR guru Laura Serena 55 TRAVEL The Ultimate Maui Neighbourhood Guide helps you figure out where to stay on the rebuilding island 58 INVENTORY We flip through the latest cookbooks from some of B.C.'s best chefs 60 FILM Mario, Nike and BlackBerry all make appearances in our first annual Business Movie Oscars 62 WORST DAY ON THE JOB Lomi co-founder Brad Pedersen recounts the day his toy business almost went under V O L U M E 5 2 N U M B E R 1 33 22 F E A T U R E S

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