Home Government of BC 43rd Parliament of BC Premier Eby says Bank of Canada interest rate decisions have hurt the...

Premier Eby says Bank of Canada interest rate decisions have hurt the BC economy

"The economy has been badly hurt by the decisions of the central bank" ~ Premier David Eby, Dec 9, 2024.

premier david eby
Premier David Eby, Dec 9, 2024 in Vancouver.
CANADA-USA NEWS & ANALYSIS

Thursday December 12, 2024 | VICTORIA, BC

by Mary P Brooke | Island Social Trends


The BC economy has led Canada across all provinces for GDP growth, said Premier David Eby on Monday December 9.

“The economy has been badly hurt by the decisions of the central bank in Ottawa, to raise interest rates. That hurts British Columbians more than it hurts other people in other provinces,” said Eby during a media session in Vancouver about wind-power electrical generation projects.

premier david eby
Premier David Eby, Dec 9, 2024.

“And despite that, we still grew the fastest in Canada,” he added.

“I’m going to push hard to make sure we’ve got a federal partner that recognizes that British Columbia taxpayers pay out dollars to support people across Canada through equalization payments,” said Eby.

Eby said that the federal government needs to support BC “in kind”, the way other provinces are getting support payments from the federal government.

ist main, bc hydro
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