Bryan Yu

Short-term business confidence in B.C. takes big fall in December

Numbers do not include the direct effects of new COVID restrictions implemented to combat Omicron variant

Resource sectors fuel B.C.’s surge in exports

British Columbia international merchandise trade ricocheted higher in October following recent declines. Exports accelerated with a year-over-year increase of 35.5% compared with a 34.7% gain in...

B.C. job market holds steady in November

B.C.’s labour market remained steady in November as the economy continued to add jobs while remaining relatively tight. Total employment rose by 4,600 persons (or 0.2%) from October. While...

B.C. small-business confidence slips again

B.C. small-business confidence slid further in November, continuing a decline that began in September. According to the latest reading, the 12-month outlook for small and medium-sized enterprises...

B.C. home sales jump in seller’s market

Consistent with the national performance, B.C. home sales increased in October following a normalizing trend through most of the summer. Multiple Listing Service sales surged 8.6% from September to...

Forestry, energy drive export growth

International merchandise trade data for B.C. trade remained stable in September and well above both year-ago and pre-pandemic levels. September exports edged down 3.3% to a seasonally adjusted...

B.C. job market keeps gaining strength

B.C.’s labour market continued to improve through October as the economy added jobs at a steady clip, while the jobless rate continued to fall. Employment rose 0.4% or 10,400 persons during the...

Slide in business confidence continues

Following a positive trend from May through August 2021 that bucked the national trend, small business confidence in B.C. eased in September. According to the latest Canadian Federation of...

B.C.’s consumer spending stays strong

B.C. retail sales rose 1.1% to $8.3 billion after a 0.8% decline in July and marked a 9.6% year-over-year increase. Core retail sales (excluding motor vehicle and gasoline) firmed during the month...