Higher oil and gas exports are helping to drive growth projected for B.C.’s GDP even amid global trade uncertainty.
That’s according to a Deloitte LLP economic outlook released Wednesday that says the province’s economy is expected to grow by one per cent in 2025 — the sixth-highest growth rate among Canadian provinces.
At the same time, the recent cancellation of energy and resource projects across B.C. could put future growth projections at risk, according to additional, province-specific insights Deloitte sent to BIV.
Such projects include Pacific Future Energy Corp.’s Kitimat oil refinery, a proposed $10-billion facility capable of processing 200,000 to one million barrels of bitumen a day. It was cancelled in
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