Happy BC Day 2015

The first Monday of August is known as British Columbia Day, BC Day or B.C. Day, in the province of British Columbia. It is a statutory holiday and gives Canadians in the province the chance to celebrate their achievements or relax with friends and family members.

What do people do?

In British Columbia many people use the long weekend to make short trips out of town and into one of the areas of beautiful scenery in this province. Some go camping, while others walk, hike or plan canoe trips. As the first Monday in August falls in the middle of the summer season, many people incorporate BC Day into their summer vacation or a plan it as part of a longer trip. In urban areas, particularly in Vancouver, various celebrations are organized. These include firework displays, parades and cultural festivals. Events are held to mark the achievements of people from Canada’s west coast in the areas of sport, technology, cuisine and Canadian-Japanese culture.

Public life

BC Day is a statutory holiday in British Columbia and many people have a day off work. Post offices and many businesses and organizations, such as libraries, are closed. A few stores may be open depending on the local custom. Public transport services may be reduced or may not run at all. Schools are closed as the first Monday in August falls in the middle of the summer holiday period.


Indigenous peoples have inhabited British Columbia, as described in their oral traditions. There are claims by the English to have explored the region in the 16th century, but it was the Majorcan-born Spanish navigator Juan José Pérez Hernández who did the first documented travel 1774. In 1778 English explorer James Cook reached Nootka Sound and set foot on British Columbian soil. There were several gold finds in British Columbia in the 1850s. The British colonial office responded to this situation by establishing British Columbia’s mainland as a crown colony in 1858, naming it the Colony of British Columbia. In 1871 British Columbia became the sixth province of the Dominion of Canada.

The British Columbia Day Act was first introduced to the Legislative Assembly in 1974. The aim of the Bill was to create a statutory holiday on the first Monday in August to recognize the pioneers in the province and the act gained royal assent in 1996.


There are a number of symbols of British Columbia. These include the Steller’s Jay (a bird), the Pacific Dogwood (a flower), jade (a mineral), the Western Red Cedar (a tree) and the provincial tartan, which contains colors to represent many aspects of the province. Two important symbols of British Columbia are the flag and the coat of arms. The top part of the flag consists of a union flag with a crown in the center. These represent the colonial links with the country and monarch of the United Kingdom. The lower part of the flag consists of a setting sun on a background of blue and white waves. These represent the geographical location of the province on the west coast of Canada between the Rocky Mountains and the Pacific Ocean. These elements also appear in the coat of arms.

Reopening the Immigrant Investor Venture Capital Pilot Program

Reopening the Immigrant Investor Venture Capital Pilot Program

An innovative investor program that will bring economic benefits to Canada

May 23, 2015 — Ottawa —The Government of Canada continues to test demand for the Immigrant Investor Venture Capital (IIVC) Pilot Program—a program which will ensure that immigrants who come to Canada deliver meaningful benefits to our economy and society. The program is reopening from May 25 to December 30, 2015.

The IIVC Pilot Program targets high investments and immigrants with skills and abilities, with the objective of stimulating Canada’s economy and promoting growth. The investments made through this pilot will be used to fund innovative Canadian start-ups with high growth potential.

Interested candidates are strongly encouraged to schedule a language test and to get their foreign educational credentials assessed by a designated organization, if required, as soon as possible to ensure that they are able to submit their application before the program closes.

Quick facts

  • Citizenship and Immigration Canada will process the first 60 complete applications received (including complete applications received in previous intake periods).Up to an additional 60 applications will also be placed on a waiting list.
  • Under this pilot program, immigrant investors will be required to make a $2 million non-guaranteed investment in a new IIVC Fund for a period of approximately 15 years, be proficient in English or French, have post-secondary education and have proven business or investment experience.
  • The IIVC Fund will be managed by BDC Capital, the investment arm of the Business Development Bank of Canada, and by participating fund managers.
  • The immigrant investor’s investments will be used to fund innovative Canadian start-ups with high growth potential across Canada.
  • The IIVC Fund will work the same as a typical venture capital investment. Immigrant investors could receive proceeds over time, or at the end of the investment term. Proceeds will depend on the fund’s performance and will be based on its gains or losses and the net of expenses and fees incurred to manage it.


“The Immigrant Investor Venture Capital Pilot Program will greatly benefit the Canadian economy by attracting immigrant investors with strong business skills. Keeping program standards high will ensure that Canadians continue to benefit from our immigration programs. The IIVC Pilot Program accomplishes this, and we warmly welcome anyone who wants to apply.”

Chris Alexander, Canada’s Citizenship and Immigration Minister

Reopening the Immigrant Investor Venture Capital Pilot Program