Growth Persists Despite Mounting Pressures
British Columbia’s economy is set to grow by 1.5 per cent in 2026 and 1.9 per cent in 2027 before strengthening to 2.0 per cent each year from 2028 to 2030. However, the ripple effect from various demographic and economic challenges will dampen growth over the forecast period.
What impact will B.C.’s unprecedented negative population growth—a result of reduced federal immigration targets—have on housing and labour markets in the near term? How will business investment and government spending respond to combat these forces? With its high exposure to U.S. tariffs, what is in store for the forestry sector, and what other opportunities exist to shore up export trade?
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