Global News: Coronavirus recession: B.C. economy could shrink 7-12%, analyst warns

March 26, 2020
Colin Wong

[EXCERPT]

British Columbia is headed into a potentially nasty recession, according to the latest analysis from the Business Council of B.C.

The organization’s latest 2020 forecast amid the novel coronavirus pandemic suggests the province’s economy could shrink between seven and 12 per cent.

“Both those numbers would be unprecedented, even the lower one, in terms of a decline in economic activity,” council executive vice president Jock Finlayson told CKNW Radio, Tuesday.

Full Article.

Become A BCBC Member

LEARN ABOUT MEMBERSHIP
BACK TO TOP    

ADDRESS

Business Council of British Columbia
1050 West Pender Street, Suite 960
Vancouver BC V6E 3S7

CONTACT INFORMATION

Telephone: 604-684-3384
Media Contact: 604-684-3384
Email: info@bcbc.com

© 2023 Business Council of BC. All rights Reserved.

linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram