Trends Analysis: Economy (2016)

Trends Analysis: Economy (2016)

Mon, 06/19/2017 - 14:05

The economy of British Columbia is important to Canada, as the province with the fourth highest Gross Domestic Product (Expenditure Based)i.1 Although the Columbia Basin-Boundary has a small population relative to the province, this region contributes greatly to the provincial economy in many ways. Economic indicators can help us better understand the economies of our region and individual communities, providing insight as to what is going well and what is in need of assistance. Such indicators can also help us gauge progress over time, as well as our performance relative to other places. The economy is one factor contributing towards our region’s resilience and well-being.

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