A new collaboration launched Tuesday will give investors, business leaders, policymakers and consumers the opportunity to better understand the health of British Columbia’s economy at any given time.
The BCBC Economic Dashboard, developed in collaboration between the Business Council of British Columbia (BCBC) and KPMG LLP, places data from eight sources in context, allowing users to examine the province’s current economic climate.
“Our goal at the outset was to create a tool of value to a broad audience, people who don’t necessarily spend much time tracking economic data as well as analysts and others who work with economic information on a daily basis,” said Ken Peacock, senior vice-president and chief economist at the BCBC, in a news release.
The dashboard was designed to provide insight into B.C.’s economy during – and as it emerges from – the pandemic.
Users can currently explore statistics and trends on COVID-19, B.C.’s economy, the labour market, consumer behaviour, exports and construction activity. Insights are based on data from Statistics Canada, the Bank of Canada, the federal government, Google Mobility, OpenTable, Geotab, OpenCovid.ca and Covid19Tracker.ca.
Over time, the site will be expanded to include real-time digital metrics, and additional information on B.C.’s labour market, on transportation trends, export activity and more, says BCBC president and CEO Greg D’Avignon.