Abstract
British Columbia is found at the far east of Canada and is the sixth Canadian province. The natural endowments of this country, the strategic positioning and the technological and infrastructural advancements made by the British Columbia have enhanced economic and social growth. Over the last 50 years, the British Columbia region has changed significantly in terms of ethics and age distribution due to good governance, economic and political policies.
British Columbia has shown respect for people’s fundamental rights and freedom through good governance. International and local trade has grown since the Second World War and massive infrastructural developments such as road networks, railways and ports have been set up. Globalization has enlightened the people to understand fundamental rights thus requiring the government to manage the country in an ethical way. To facilitate ethics and ensure that people in the society enjoy the benefits brought about by payment of taxes, the province has an accountability system where citizens can enquire about certain issues regarding taxes. British Columbia is an international trading destination as exemplified by hosting of the 2010 Olympic Winter Games. As such, the country has adopted international ethical standards and there is continued need to develop ethical standards and codes that are applicable to all companies in the world. The country has opened her boarders (by eliminating barriers to trade such as tariffs) to the world with the aim of getting better goods and services for its citizens. This is a key element in globalization.
The country has shown how well public funds are taken care of by having well established infrastructures. Modern transport and communication systems have facilitated access to the country and cost of doing business has reduced. Both public and private participation in the infrastructural growth has boosted efficiency of the systems. The country has a “Human Rights Code” in its constitution which makes people feel that they are ethically treated. A human rights tribunal has been set to enhance human rights and administer equality and justice. British Columbia has well developed financial sector with private and government participation. The banks are stable enough to sustain the economy; microfinance institutions are giving support to small-scale traders while insurance companies are stable enough and can handle big losses without going under. Reinvestment insurance companies are also available to help in furthering stability. The country is innovative in terms of technology in addition to imported technology. Cost of production has therefore reduced and businesses are able to produce quality and low priced goods. Technological improvements are still ongoing to enhance these benefits.
Health insurance policies and well managed hospitals, schools and provision of free basic education as well as loans for higher education has improved welfare of the people. The country has people of different origin with people of British origin influencing the way things are done to a great extent. Political parties have been established in pursuit of democracy with the civil society being well empowered to monitor the government. There are systems for settling electoral disputes and there is freedom of choice and association. Finally, British Columbia has structures such as the ministry of forestry which ensures that the environment is well managed. The country is also a signatory to international protocols such as Kyoto Protocol to ensure there is reduced environmental pollution.
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