Unemployment will drop, retail sales will rise and British Columbia’s overall economic growth is expected to climb to 3.4 per cent.
Those are predictions in the Conference Board of Canada’s latest quarterly report.
The board’s Marie-Christine Bernard says BC’s growth stems from the ongoing recovery of the U-S economy.
“What we’re seeing for 2013 is an improvement in the forestry sector and the manufacturing sector.”
The only negative in this latest report is an expected slowdown in the re-sale housing market, which could weaken BC’s real estate industry.
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