B.C. Economy Forecasted To Remain Healthy Through 2020: Credit Union

The Canadian Press, 08 Sep, 2017 05:58 PM

British Columbia's economy has "fired on nearly all cylinders" this year, a financial institution says.

The Central 1 Credit Union is forecasting growth for 2017 at 3.5 per cent and said the province's economic situation will remain healthy through 2020.

Deputy chief economist Bryan Yu said the forestry sector continues to face potential headwinds due to the softwood lumber trade dispute and this summer’s record wildfire season.

He also said tourism, the film industry, technology and business investments will remain steady due to "favourable currency."

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