18.2 C
Fort St. John
Wednesday, October 17, 2018
Tel: 250-787-7100
Email: contact@energeticcity.ca
9924 101 ave Fort St. John, B.C.
Advertisement
Advertisement
Advertisement

B.C. economy still strong despite market turmoil

Despite the economic turmoil in the U.S. and across North American markets, B.C. still has a positive outlook.

That’s the message from B.C. Minister of Jobs, Innovation and Tourism.

Speaking in Issues and Answers, Wednesday, Pat Bell says the B.C. economy is far less dependent than it used to be on the American economy.

Bell says that although the U.S. is still an important trading partner, in three years, exports to the U.S. have dropped from 70 per cent of the province’s total exports to less than 50 per cent.

[asset|aid=3617|format=mp3player|formatter=asset_bonus|title=fbfa854062c92c0efefe19c9933dcdd1-Pat Bell-1_2_Pub.mp3]

Bell did concede that if the U.S. slips back into a recession, it will negatively impact Canada, B.C. and the northeast. However, he says that the Province has been stepping up its exports to Asian markets, in particular, and suggests there will be major benefits if the pipeline to the port at Kitimat is built.

There are also indications B.C.’s economy has been growing and Bell says he believes the province is even leading in Canada in job growth.

 

Advertisement
Advertisement

STORIES YOU MIGHT LIKE

Advertisement

Advertisement

Advertisement

Local Events

Doc Walker to play the Lido Theatre

HYPNOTIST: RAY ANDERSON

Jokes N Tokes Comedy Tour

Advertisement

Advertisement

Must Read

Kinder Morgan CEO says there’s a ‘seller’s market’ for remaining Canadian...

CALGARY, A.B. - There's a ``seller's market'' for attractive assets like those held by its Canadian subsidiary, the CEO of Kinder Morgan Inc. said...
Advertisement