Bryan Yu

B.C. among top provinces for job growth

Canada’s labour market posted a mammoth job gain in March as second-wave reopenings lifted rehiring. Nationally, employment surged by 303,000 persons (or 1.6%), marking the largest single gain since...

Payroll employment counts dip by 0.1%

B.C. non-farm payroll counts softened slightly in January to contrast with a deeper national contraction. Payroll employment came in at nearly 2.23 million persons, marking a dip of 0.1% (1,700...

B.C. small-business optimism inches up

Business confidence at B.C.’s small and medium-sized firms surged in March, according to the Canadian Federation of Independent Business (CFIB). The monthly confidence index jumped 4.5 points to...

B.C. retail spending continues to rise after December setback

B.C. retail spending rebounded 4.4% in January after a December dip to $8.36 billion, marking its eighth increase in nine months.  Year-over-year sales rose to 15%. In contrast, national sales fell...

B.C. employment picture keeps getting rosier

B.C.’s labour market further improved in February as employment bounced to a level just shy of pre-pandemic levels and the unemployment rate plunged. Total employment rose 1% (26,600 persons) to a...

Demand heats hot Metro housing market

The head-spinning housing boom in the Lower Mainland continued unabated through February as homebuyers continued to scoop up properties at a record pace, undeterred by rapid price growth. Multiple...

Vaccines boost B.C. business confidence

The ongoing rollout of vaccines and easing of the pandemic second wave lifted business confidence in B.C. The latest Business Barometer readings from the Canadian Federation of Independent Business...

Construction spending continues to cool in B.C.

December building investment data highlighted the drag of construction on B.C.’s real economy in 2020. The combination of soft demand for pre-sale condominiums in recent years and fewer projects in...

B.C. defies second-wave layoff surge

Canadian employment took a beating to kick off 2021 as COVID-19’s second wave and further economic restrictions in Ontario and Quebec led to a surge in layoffs. Nationally, employment plunged 1.2%...

B.C. building permits hold steady

December provincial building permits matched values reached in November, contributing to a modest upward trend to end the year. Permits reached $1.464 billion, which was flat from the previous month...