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- B.C. economy to contract at least 7%: BCBC/
By Hayley Woodin/ Business in Vancouver
The Business Council of British Columbia is projecting an economic contraction of between 7-12% this year
What happened: The Business Council of British Columbia (BCBC) is projecting the provincial economy will contract by at least 7% this year as COVID-19 pushes the world into a recession. Why it matters: An “optimistic” contraction of around 7% creates a “deep economic hole” BCBC says most provincial and federal government measures fall short of filling.…
Source:: B.C. economy to contract at least 7%: BCBC
March 27, 2020
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