Bracing for the Full Impact: British Columbia’s Three-Year Outlook

False Creek area that runs along the southern edge of downtown Vancouver, British Columbia

Bracing for the Full Impact: British Columbia’s Three-Year Outlook

Provincial
Pages:14 pages13 min read

Author: The Conference Board of Canada

$705.00

This quarterly economic forecast for the province of British Columbia examines the economic outlook for the province, including gross domestic product (GDP), output by industry, and labour market conditions.

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This quarter, we check in on how consumers and investors in British Columbia are dealing with elevated inflation, higher interest rates, and a tight labour market.

How will increased interest rates affect real GDP growth in the province? Do households have any room left in their budgets to support the economy through consumption? We share our forecast for B.C.’s economy, including the consumer price index and wages and salaries.

Read the issue briefing to get our full analysis.

Key findings
British Columbia snapshot
Overview
Consumption
Labour market
Investment
Industry outlook
Government
Trade
Methodology

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