Here is a quick look at British Columbia. British Columbia is faced with a few issues including wild fires and change in government.

1. BRITISH COLUMBIA –
ANALYSIS – JULY 2017
BY: PAUL YOUNG, CPA, CGA
DATE: JULY 26, 2017

2. PAUL YOUNG - BIO
• CPA, CGA (1996)
• Financial Solutions (FOPM/FPM)
• SME – Risk Management
• SME – Close, Consolidate and
Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Advance Technology and
Market Entry
• SME – Supply Chain Management
• SME – Business Strategy and
Restructuring
Contact information:
Paul_Young_CGA@Hotmail.com

3. AGENDA
• GDP
• Employment
• Economic Forecast
• Softwood lumber

4. GDP / BRITISH COLUMBIA
• http://www2.gov.bc.ca/gov/content/data/statistics/economy/bc-
economic-accounts-gdp

5. GDP GROWTH RATES BY PROVINCE
• http://www.statcan.gc.ca/daily-quotidien/170501/t001a-eng.htm

6. EMPLOYMENT / BC
• http://www.statcan.gc.ca/tables-tableaux/sum-som/l01/cst01/lfss01c-eng.htm or http://globalnews.ca/news/3582823/canadas-provinces-and-metropolitan-areas-ranked-by-job-
creation/

7. ECONOMIC FORECAST
Source – RBC Economics

8. SOFTWOOD LUMBER
• Source – British Columbia Government or http://globalnews.ca/news/3619563/b-c-wildfires-
softwood-lumber-us-home-prices/
The wildfires that are burning up
British Columbia may well be
fueling homebuyer frustration south
of the border, by exacerbating a
shortage of lumber in the U.S. that’s
helping push home prices there to
unprecedented highs.
As the fires multiplied across B.C.,
several lumber mills had to
temporarily halt operations,
worsening a pre-existing lumber
supply shortfall in the U.S.
Globe and Mail –
July 25, 2017

9. WILD FIRES
• http://business.financialpost.com/commodities/fires-hit-canada-lumber-mills-get-close-to-kinder-
pipeline-1/wcm/150a2a22-2ade-450e-a482-b14fa7a643fa

10. BRITISH COLUMBIA /MOVIE PRODUCTION
Source - http://schoolcreative.com/b-c-film-tv-production-up-45-in-2016-
sets-new-record/

11. BC CARBON TAX NOT REVENUE NEUTRAL
• https://www.fraserinstitute.org/blogs/bc-budget-acknowledges-the-carbon-tax-was-not-revenue-neutral

12. BC BUDGET
Source - https://news.gov.bc.ca/releases/2017FIN0021-001265

13. NDP AND GREEN PARTY COALITION
• Source - http://www.timescolonist.com/news/local/impact-of-new-ndp-government-on-businesses-workers-
unclear-1.21231436

14. SUMMARY
• Softwood Lumber – no agreement
• New NDP government that plans to shelve natural resource
projects like Kinder Morgan
• NDP plans to introduce $10 day for daycare -
https://www.theglobeandmail.com/news/british-
columbia/bcs-new-ndp-government-takespower-as-horgan-
appointscabinet/article35724661/
• Housing costs continue impact household budget