State of the BC economy, 2004 : State of the British Columbia economy, 2004

STATE OF THE BC ECONOMY 2004 By Marc Lee MAY 2004 State of the BC Economy 2004 By Marc Lee May 2004 ABOUT THE AUTHOR Marc Lee is an economist with the BC office of the Canadian Centre for Policy Alternatives. [...] Any errors and the opinions presented in this report are those of the author, and do not necessarily reflect the views of the Canadian Centre for Policy Alternatives. [...] Tax cuts, deregulation and impacts, however, there is little to suggest that the privatization have been the main tools used in the economic boom promised before the election is on government’s efforts to revive the sagging provincial the horizon. [...] BC has “two economies”: the populous and diversified Figure 1 shows BC’s real GDP per capita—the total Lower Mainland area (plus the provincial capital of size of BC’s economic output per person, after accounting Victoria), and the rest of the province, where resource for population growth and inflation—over the past forty industries still rule, and changes in export markets and years in the form [...] First, the aftermath of the the province and the government’s achievements.