Brazil, Russia, India, and China together form the BRIC group of developing economies and are experiencing growth much greater than both the G7 and world as a whole. All four countries have significant ties to Canadian business and through the process of this project we will look at how our economic landscape is affected by their growth. The focus of this project will be on the manufacturing sector and how the rising cost of labour in the BRIC will affect Canadian producers and manufacturers. The research performed notes the increased cost of labour has reduced the benefits for Canadian companies to offshore their manufacturing requirements and goes on to demonstrate that this cost will exceed that of onshore manufacturing by 2025. Recommendations are made for the producers, manufacturers, and Canadian governments to both mitigate this risk and take advantage of the BRIC's growing economies. Primarily, these recommendations are focused on the onshoring of manufacturing. --P. ii.
The approval of myPG part 1 by the City of Prince George Council is a catalyst for change with respect to a number of City actions, including capital budgeting. The availability of social, environmental and economic goals specific to the community provides an opportunity to align capital decision framework with a revised information structure which separates community from municipal service goals. The separation of community and municipal service goals creates the need for goals specific to the City at an organizational level. I have collaborated with the myPG implementation team to develop four preliminary municipal service goals that leverage existing objective data specific to the City. The revised information structure also provides the opportunity to integrate the core focus areas identified in City Council's three year strategic plan into the capital budget decision framework. Review of the existing capital budget decision framework identified other opportunities to improve the structure and scoring systems. Consolidating the score recording document with the goal document improves the framework structure by increasing the connection between each goal and the score assigned by the user. This reduces the likelihood that the user will assign an arbitrary value to a goal category. A Likert scale was used to improve the previous pass/fail scoring system by allowing the user to communicate the magnitude a project will contribute towards each goal. Unlike community goals and Council's core focus areas municipal service goals did not exist and were developed for the purpose of this paper. Accordingly, I tested the impact of these goals by evaluating the types of projects selected by each goal category when I ranked the 2011 capital project list for each goal category independently. The results show that the newly created municipal service goals selected less new asset projects than community and strategic goals. Since new asset projects create long term maintenance and renewal liabilities, the addit
