Bryan Yu

Energy, mining boost B.C.’s goods exports

B.C. export momentum improved in March. Seasonally adjusted goods exports rose 12% from February to the highest level in a year, driven by a doubling of metal and non-metallic mineral sales, and a...

B.C.’s economic engine still humming along

Another week, another solid showing for B.C.’s economy. Average weekly earnings in B.C. edged higher from January by 0.1%, holding steady near $958 in February, according to Statistics Canada’s...

Rail bottlenecks stall manufacturing sales

The dollar volume of B.C.’s retail sales was up 0.4% in February to $7.13 billion compared with January. While the gain, which was consistent with a countrywide increase, was the first since...

Real estate squeezed by tighter mortgage rules

While national home sales inched higher, B.C.’s Multiple Listings Service (MLS) sales posted another significant decline in March as proposed tax hikes on real estate introduced in the provincial...

B.C. employment hits first-quarter speed bump

Extending a recent hiring lull, B.C. employment fell by 0.2% (down 3,900 persons) from February in March, albeit with a rebound in full-time job growth. While the headline drop was insignificant,...

Canadian small-business outlook cools in March

Small-business optimism wavered in March following three successive months of improvement, according to the latest Canadian Federation of Independent Business (CFIB) Business Barometer reading. The...

B.C.’s retail sales retreated in January

B.C.’s retail sales cycle looks to have peaked during the fourth quarter as January sales continued to moderate. Seasonally adjusted sales fell 1% to $7.11 billion, lagging behind a mild 0.3%...

B.C. employment flat in February

Employment and unemployment rates were largely unchanged in B.C.’s labour market during February, extending a recent stall. Seasonally adjusted employment slipped 3,400 persons in February from...

Goods sector fuels B.C. wage growth

Wage-earning momentum picked up in December, adding to a firming trend over the past year. Average weekly earnings in B.C. rose 0.6% from November to a seasonally adjusted $956.91, with...

B.C. retail sales strong despite December slip

Robust retail demand continued in December despite a second straight decline in sales. The dollar volume of sales in B.C. fell 0.6% to $7.2 billion (seasonally adjusted) but rose 10.6% on a...