British Columbia is expected to be the fastest growing provincial economy in Canada in 2018—continuing a five year stretch of exceptional growth. But a slowdown in performance underway this year, and it will continue in 2019 and beyond.
Across British Columbia, a host of projects—some of them energy-related, are maintaining momentum this year. Labour markets are essentially at full employment. But, with consumer spending growth expected to weaken and the trade sector in uncertain waters due to U.S. protectionist threats, the outlook will become more muted.
Nanaimo has enjoyed solid economic growth since 2015, and employment growth has averaged more than one per cent annually since 2009. But as the slowdown takes shape in across the province, Nanaimo will have to adapt as well.
How does this change in the underlying economic fundamentals affect your organization?
Get the most detailed and up-to-date analysis of the economic outlook for Nanaimo, Vancouver Island and British Columbia, all set within a national and international context, at the third Western Business Outlook 2018: Nanaimo.
In addition to the Conference Board’s economic analysis, a panel of business, community and academic leaders will discuss the importance of attracting and retaining businesses and talented individuals to Nanaimo and the Mid-Island.
We’d like to thank our generous sponsors for their contribution to this event.
The details of this event are subject to change. Please revisit this page periodically for updated information.