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HomeNewsBC enjoys largest 2015 GDP growth in Canada at 3.0%

BC enjoys largest 2015 GDP growth in Canada at 3.0%

BC’s GDP rose 3.0% in 2015 which outpaced Canada’s 0.9% mark according to Stats Canada.

Guillaume Dube with the Industry Accounts Division says last year’s jump was a continuation of a very solid 2014.

“This was following a growth of 2.9% from 2014 which was mostly coming from the service producing industries which grew 3.8%, however, goods-producing ones such as mining only went up 0.5%.”

One sector is partly responsible for last year’s rise according to Dube. “BC saw growth in the retail trade market which went up 6.3% it’s been really strong in previous year’s and should stay that way in the future.”

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Ontario and Manitoba enjoyed similar increases last at 2.5 and 2.3 percent respectively.

The largest GDP decline took place in Alberta at -4.0%

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