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Economy

Economy

B.C. welcomes Ottawa’s skilled trades push in spring economic update

B.C.’s finance minister is welcoming new federal investments in skilled trades, as Ottawa rolls out billions in funding aimed at boosting apprenticeships and tackling labour shortages.
Economy

StatCan jobs report says B.C. lost 19,000 jobs in March

British Columbia lost 19,000 jobs in March, pushing the province’s unemployment rate up to 6.7 per cent, according to Statistics Canada.
Economy

‘The outlook remains negative’: B.C.’s credit rating downgraded by international agency

Moody’s Ratings has again downgraded British Columbia’s credit rating, citing the province’s growing operating and capital spending, large structural deficits and rising debt.
Economy

B.C. lost more than 20,000 jobs in February, says StatCan report

British Columbia lost 20,200 jobs in February, a drop of 0.7 per cent, while the province’s unemployment rate held steady at 6.1 per cent, Statistics Canada said.
Provincial

Eby warns more public sector cuts ahead as B.C. prepares 2026 budget

Premier David Eby said further public sector cuts are coming as the government prepares to table a 2026 budget he has described as “challenging.”
Provincial

B.C. job gains offset December losses as unemployment dips to 6.1%

British Columbia added 3,500 jobs in January while its unemployment rate declined by 0.2 percentage points to 6.1 per cent, Statistics Canada’s labour force survey shows.
Provincial

B.C. saw net job growth in 2025 despite December losses

British Columbia added 24,100 jobs overall in 2025, despite a loss of 3,300 in December. Statistics Canada's report released Friday shows B.C.’s employment rate in...
Provincial

B.C. outlines new 10-year economic strategy, with an eye to federal defence

British Columbia is laying out a new 10-year plan to get major projects built and bolster the province’s skilled workforce, while playing a bigger role in national defence.
Provincial

B.C. jobs minister says Trump’s film tariff threat too early to call

British Columbia’s Jobs Minister Ravi Kahlon said it’s too early to tell if Donald Trump’s latest tariff threat against the film industry is legitimate. 
Provincial

B.C. economy holding steady despite tariffs, finance minister tells UBCM

B.C. Finance Minister Brenda Bailey said the province's economy has remained steady despite global trade conflicts and rising costs.  
Provincial

B.C. adds 5k jobs in June, led by gains in part-time work

British Columbia added 5,000 jobs in June but saw a dip in full-time employment, according to the latest jobs report from Statistics Canada.