CLR Connector B.C. Economic Review and Outlook
All Parts of Construction Supporting Growth
The report also suggests that the steep and rapid fall in interest rates at the outset of the pandemic improved housing affordability and in turn fueled demand – in B.C. and across Canada. Established home resales and prices surged to record highs in 2020.…
B.C. Economic Review and Outlook
According to the latest report by the Business Council of British Columbia, a solid economic rebound is underway in B.C. Real GDP is set to increase by 5.8% in 2021 followed by a still strong 4.8% pace in 2022. The province’s resilient merchandise export…