Forecasters Say BC ‘Well-Positioned’ Despite Uncertainty of Tariff Threat: Province

Forecasters Say BC ‘Well-Positioned’ Despite Uncertainty of Tariff Threat: Province
New Finance Minister Brenda Bailey shakes hands with Lt.-Gov. Janet Austin during the swearing-in ceremony at Government House in Victoria, on Nov. 18, 2024. The Canadian Press/Chad Hipolito
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British Columbia’s finance minister says she expects uncertainty and instability over the four years of Donald Trump’s U.S. presidency, but private-sector forecasters have indicated the province is in a good position to meet the challenges of Trump’s promised tariffs on Canadian goods.

Brenda Bailey says in a statement that the Economic Forecast Council for B.C. has indicated the uncertainty of “threats from the south” may make the budget process more challenging than usual.