British Columbia Fiscal Snapshot: Spring 2017
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.
- 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.