MOJO MISSING: Private sector activity in B.C. broadly weak, says new economic report

Vancouver, Dec. 04, 2025 (GLOBE NEWSWIRE) -- The Business Council of British Columbia (BCBC) has released a new economic report, Searching for the Private Sector's Lost Mojo, providing a snapshot of current conditions and an outlook for the B.C. and Canadian economies. The findings suggest a sobering outlook as the economies' home-grown challenges are now exacerbated by a weaker global growth backdrop. 
According to the report, B.C. is stuck on a path of subdued growth, marked by booming but unsustainable growth in public sector activity contrasted with broad-based sluggishness in private sector activity. Provincial GDP growth is expected to remain below 2 per cent in both 2026 and 2027, compared with a long-term average of about 2.5 per cent. While it may sound small, half a percent ca