The provincial economy may not grow as quickly as expected over the next couple of years. The Independent Economic Forecast Council is trimming its predicted growth rates for BC by one tenth of a point for the next two years. It now says the economy will grow by 2.1 per-cent this year, and 2.5 per-cent in 2014. CKNW Vancouver News … [Read more...]
BC growth rate a little slower this time around
May 1, 2012 by
The rate of economic growth in BC is forecast to drop a little this year. Bank of Montreal Chief Economist Sherry Cooper says BC's growth rate last year was 2.9%. This year, it's projected to drop down to 2.3%; she says that is still above the Canadian average, "We got the February GDP figures which showed a slowdown in the mining … [Read more...]
