British Columbia’s economy grew 3.9 per cent last year, putting in its strongest performance since 1993, when it expanded 4.1 per cent. The economic growth was largely driven by domestic demand for goods and services, which rose 3.
British Columbia’s economy grew 3.9 per cent last year, putting in its strongest performance since 1993, when it expanded 4.1 per cent. The economic growth was largely driven by domestic demand for goods and services, which rose 3.7 per cent in 2000. Consumers (+3.5 per cent) increased their spending substantially. Government spending on goods and services rose 2.6 per cent, but investment in fixed capital declined (-7.3 per cent), largely because less money (-18 per cent) was spent on non-residential structures. Federal, provincial and local government purchases of machinery and equipment were up 26 per cent, in real terms, from 1999.
— Statistics Canada
