As population grows, B.C.’s economy down 10,000 jobs over last five months

VICTORIA (November 8, 2019) – BC Liberals are raising concerns as British Columbia has lost almost 10,000 jobs over the past five months, with no jobs plan in sight from John Horgan and his NDP government.

“John Horgan needs to start focusing on building a stronger economy for all of B.C.,” said Jordan Sturdy, BC Liberal Critic for Jobs. “The NDP’s typical over-tax approach to governance is hurting B.C. families, especially those in rural B.C. who have been left to fend for themselves as the forestry crisis continues with no help in sight from this NDP government.”

Today’s concerns raised by the BC Liberals come after the Business Council of British Columbia recently downgraded its economic outlook for the province from a GDP growth of 2 per cent, down to 1.8 per cent in 2019. To make matters worse, the recent court ruling on limiting experts in ICBC injury cases will potentially reduce the NDP’s provincial budget surplus by 400 million in 2020 — further pushing B.C. towards deficit and putting the province’s credit rating at risk.

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