The BCREA Nowcast estimate for provincial economic growth, measured as year-over-year growth in real GDP, indicated a 1.4 per cent increase in November. By comparison, the Canadian economy saw a year-over-year growth of just 0.6 per cent in November. Our preliminary estimate for December suggests year-over-year growth remained at 1.4 per cent for BC, compared to 0.5 per cent for Canada. For all of 2025, BC's real GDP growth is tracking at 1.5 per cent.
On a regional level, employment growth in the natural resources sector continues to drag down the growth estimates for the Northern and Kootenay regions while the rest of the province is seeing stable growth with some notable upticks in the Thompson-Okanagan and Vancouver Island economies.
To view the full interactive BCREA Nowcast, click her
