48
B C B U S I N E S S . C A
J A N U A R Y/ F E B R U A R Y
2 0 2 5
WHAT'S IN
STORE FOR
Do you feel better off than
you did at this time last year?
If the answer is "no," you're not alone. The final
numbers aren't in yet, but most estimates put British
Columbia's real
GDP growth for 2024 at around 0.6 or
0.7 percent. Now consider that this GDP pie had to be
shared out among a population that grew 2.5 to 3 per-
cent, and you realize that the average person's income
has actually been shrinking.
K O O L T U O
C I M O N O C E
We'll be turning
the switch on
megaprojects
and enjoying a
break on interest
rates, but there
are a few looming
issues that British
Columbians can
no longer ignore
by Michael McCullough