The UK has a new Government. So what for BC?

On 4th July, Labour leader Keir Starmer won a landslide election victory in the UK. Today, Prime Minister Starmer set out his Government’s initial legislative agenda. Why will this shift in governing party in the UK – the first in 14 years – matter in BC?

Despite the distance, the UK is one of BC’s most important international partners. The UK is the 2nd-largest source of foreign investment into the Lower Mainland (after the US); a key market and gateway to Europe for BC’s tech and broader service industries; and a top-tier science and research partner. Canada & the UK ensure each other’s security through the closest of alliances and intelligence-sharing partnerships anywhere in the world; we make our mark together on important global issues such as Ukraine; and our health systems are so similar that we constantly learn from each other. Not to mention the hundreds of thousands of Brits and dual nationals who live, work and contribute in BC.

So what to expect?

Firstly, the new UK Government’s focus on growth and stability will be encouraging for businesses with a foothold in both markets. Fiscal rigour and accountability are being strengthened; pledges to remove barriers to investment are already starting to be fulfilled through reform of the planning system; and Prime Minister Starmer’s aim to improve the UK’s trade and investment relationships with Europe should benefit the many BC firms who choose the UK as their gateway to European markets.

Secondly, the new UK Government’s international position aligns very closely with BC’s international instincts. Prime Minister Starmer has already set out the UK’s steadfast support for Ukraine and NATO. He also intends to be ambitious on tackling climate change and in supporting resolutions to conflicts around the world.

Thirdly, many of the new UK Government’s domestic priorities match those in BC. Building a health system fit for the future; unlocking more housing by simplifying regulations; investing in infrastructure, particularly clean energy and transport; driving wealth creation in all parts of the country, not just the metropolitan centres; improving safety on our streets. These are all fruitful areas for exchange of learning and expertise where we can potentially lift each other up.

Finally, it’s worth noting that many in the new UK Cabinet have a strong personal affinity for Canada. Canadian Foreign Minister Joly was the first official visitor received by UK Foreign Secretary Lammy. Our two Prime Ministers spoke on the phone within hours of the election result. One Cabinet Minister was heard to remark that Canada was their “favourite country”. Time will tell how that affinity will convert into specific collaboration – but watch this space.