This annual 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.
Provincial Outlook Long-Term Economic Forecast for British Columbia 2014
Provincial Outlook Long-Term Economic Forecast for British Columbia 2014
Provincial Economic Analysis
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- Changing demographics have a substantial impact on B.C.’s long-term forecast.
- B.C. will have the slowest population growth of any of the four Western provinces.
- The share of the population 65 and over will reach 25.8 per cent by 2035.
- The forestry sector will suffer from the pine beetle epidemic.
- Construction of LNG facilities will provide a long-term economic boost.
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