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BC’s Economy is Looking Up

April 22, 2010
On April the 12th the government of British Columbia released a report revealing a number of interesting economic indicators. Overall the economic climate seems to be improving, below a list with some positive economic indicators can be found:
– Major construction project in B.C. hold strong
– Building permits on the rise
– 2010 first quarter housing starts doubles 2009 figure
– B.C. forecast to lead Canada in new home starts
– Conference board forecasts B.C. to lead Canada in growth in 2010
– B.C. to lead nation in job creation
– Vancouver’s economic growth expected to lead Canadian cities
– Consumer confidence in B.C. up yet again
– Business confidence remains strong
– Vancouver a top city for international competitiveness
– B.C. continues to record strong population growth
– B.C.’s housing sales continue positive rebound
– B.C. remains a box office leader in film and TV production
– China grants Canada approved destination status
Source: BC Government Website, 2010
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