Article

Deloitte forecasts British Columbia's GDP growth at 1.6% for 2026, up from 1.4% in 2025, despite significant challenges in the forestry sector, which faces high tariffs and substantial job losses. Major companies like Interfor and Canfor have reported operational reductions and financial losses, impacting overall economic momentum. The province's growth is supported by federal project approvals, while Canada's national GDP is projected to grow by 1.5% in the same year.