$705.00
British Columbia’s 20-year outlook is weakening due to an increase in its aging population, who will drive a change in consumption patterns. While migration is needed to offset retirements, the high cost of living will be a barrier to growth.
In this issue briefing, we look at British Columbia’s economic outlook to 2045.
What are our projections for real GDP growth over the next 20 years? What will be the impact from an aging population and how much will international migration help the economic picture? Where do we see businesses investing?
Read the issue briefing to get our full analysis.
Key findings
Overview
Demographics
Potential output
Investment
Housing
Consumption
Government
International trade
Industry
Methodology
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