Transcription of BRITISH COLUMBIA – LNG will bring B.C. back to the top
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BRITISH COLUMBIA – LNG will bring B.C. back to the top
RBC ECONOMICS | RESEARCH 2 PROVINCIAL OUTLOOK | december 2017 Still plenty to offer There s much to be impressed with when it comes to BRITISH COLUMBIA s econo-my. Growth has been strong averaging annually in the past four years broadly based across economic sectors and resilient in the face of turbulence in the provincial housing market last year. BRITISH Columbians enjoy some of the brightest job prospects in the country and feel confident because of it. We think that we ll be impressed again in 2018, although we re lowering our growth ex-pectations somewhat because a number of headwinds. We expect that rising in-terest rates will cool consumer spending and housing market activity. Economic recovery in Alberta is poised to temper the flow provincial migrants moving to BRITISH COLUMBIA and restrain overall population growth. We forecast GDP growth to moderate from in 2017 to in 2018.
PROVINCIAL OUTLOOK | DECEMBER 2018 2 BRITISH COLUMBIA – LNG will bring B.C. back to the top The “G” in LNG spells growth for a province grappling with a …
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