A new report ahead of next week91裸聊视频檚 B.C. budget is forecasting slower economic growth for the province this year.
The Business Council of British Columbia says 91裸聊视频渓acklustre91裸聊视频� growth globally, high interest rates and weak private-sector job and investment numbers all add up to 91裸聊视频渁 drag on prosperity91裸聊视频� in 2024.
The report says while large capital projects in the province 91裸聊视频渇uelled strong gains91裸聊视频� in per-capita GDP, B.C.91裸聊视频檚 economy grew by just 0.9 per cent in 2023 and is forecast to grow only 0.7 per cent in 2024.
The group91裸聊视频檚 report says job growth in B.C. reached 1.5 per cent in 2023, with private-sector employment falling 0.2 per cent, or about 6,000 jobs.
Group senior vice-president and chief economist Ken Peacock says in a statement the combined picture is 91裸聊视频渃oncerning,91裸聊视频� with the winding-down of capital projects such as LNG Canada and the Site C dam creating further economic challenges for B.C.
The government is slated to unveil its new budget next Thursday, and both Premier David Eby and Leader of the Opposition Kevin Falcon are scheduled to discuss policy in media briefings later today.
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