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British Columbia Fiscal Snapshot: Spring 2017

The Conference Board of Canada, 14 pages, May 3, 2017
Briefing by ,
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This “fiscal snapshot” looks at the state of British Columbia’s economy and its government’s fiscal challenges, and provides a short- and medium-term outlook for the province.

Document Highlights

  • The cooling down of the red-hot housing sector will cause the economy to slow down over the next two years.
  • Revenue growth will soften due to weaker economic growth and tax cuts that were announced in Budget 2017.
  • If tough spending targets can be met, B.C. will continue to run surpluses through fiscal year 2019–20.

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