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British Columbia Economic Outlook 2018-19: Hot Economy To Cool, But By How Much?

The Conference Board of Canada, November 28, 2018 at 02:00 PM EST
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No region has been being spared from the uncertainty shaping the Canadian economy in the second half of 2018, not even the provincial recent powerhouse British Columbia. Although British Columbia is expected to have one of the best performing provincial economies, growth is far off the pace set in recent years. More than half of the recent increase in economic growth was related to the housing sector, so it is not surprising that the slowdown comes as the Lower Mainland’s housing market is cooling. B.C. continues to benefit from a strong services sector and a lower-than-expected impact of U.S. tariffs. In this webinar, get the information and analysis that you need to make organizational decisions from the leading provincial forecast team.

Webinar Highlights

During this 60-minute webinar, Pedro Antunes and Marie Christine Bernard will highlight the factors in the Conference Board’s provincial outlook that are set to shape the B.C. economy and how they will impact business, governments and individuals, including:

  • Correction coming in housing demand – As federal and provincial governments continue to rein in the housing market, starts are expected to drop sharply in 2019.
  • Tariffs not biting, yet — Softwood lumber duties imposed by the Trump Administration have not been as damaging as originally expected because of strong U.S. demand and high prices.
  • Potential chill on business investment – The Trans Mountain Pipeline Expansion debate has raised concerns in some circles about the investment climate in B.C.

About Pedro

Photo of Pedro AntunesAs the Conference Board’s Executive Director, Economic Outlook and Analysis and Deputy Chief Economist, Pedro Antunes is responsible for managing a team of economists in producing the Conference Board's medium and long-term economic forecasts along with other economic indicators and reports. Pedro is a spokesperson for the Conference Board and does presentations on the forecast to clients and the public and is often cited in the media.

Pedro joined the Conference Board as an economist in 1991 after working with the Canadian Forecasting Group at the Bank of Canada. He has moved progressively into more senior positions since joining the Board. Prior to his current role, he was Director of the Conference Board's National and Provincial forecast team; and was responsible for custom research work and economic analysis.

About Marie Christine

Photo of Marie-Christine BernardMarie-Christine Bernard is Director, Provincial Forecast at The Conference Board of Canada. Marie-Christine is responsible for the medium and long-term Provincial Outlook forecast and publication. She also works on financed research projects and prepares alternative scenarios to the provincial forecast.

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Price: $299.00 (CAD)
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