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BUDGET 97: REPORTS Ministry of Finance and Corporate Relations Province of British Columbia |
Unit or Base Period |
1993 |
1994 |
1995 |
1996 |
|||
Population and Labour Force: | |||||||
Population (July 1) | thousands | 3,575 | 3,671 | 3,763 | 3,855 | ||
Net In-migration | number | 76,359 | 75,548 | 60,895 | 60,600 e | ||
Interprovincial | number | 37,455 | 33,354 | 24,023 | 18,800 e | ||
International | number | 38,904 | 42,104 | 36,872 | 41,800 e | ||
Labour force | thousands | 1,845 | 1,913 | 1,935 | 1,982 | ||
Labour force participation rate * | per cent | 66.3 | 66.7 | 65.7 | 65.5 | ||
Male | per cent | 74.4 | 74.5 | 73.0 | 72.6 | ||
Female | per cent | 58.5 | 59.1 | 58.5 | 58.6 | ||
Employment | thousands | 1,666 | 1,733 | 1,762 | 1,806 | ||
Male | thousands | 920 | 946 | 963 | 986 | ||
Female | thousands | 745 | 787 | 799 | 820 | ||
Full-time | thousands | 1,341 | 1,374 | 1,413 | 1,444 | ||
Part-time | thousands | 325 | 359 | 349 | 362 | ||
Unemployment rate | per cent | 9.7 | 9.4 | 9.0 | 8.9 | ||
Male | per cent | 9.8 | 10.2 | 9.2 | 9.0 | ||
Female | per cent | 9.6 | 8.5 | 8.6 | 8.7 | ||
Main Economic Indicators: | Provincial gross domestic product | $ millions | 91,127 | 98,910 | 103,433 | 104,420 e | |
Capital investment (new) | $ millions | 18,006 | 20,403 | 19,227 | 18,751 | ||
Retail sales | $ millions | 26,348 | 29,032 | 30,855 | 31,280 | ||
New motor vehicle sales | units | 147,786 | 155,966 | 148,069 | 143,739 | ||
Housing starts | dwelling units | 42,807 | 39,408 | 27,057 | 27,641 | ||
Building permits | $ millions | 6,389 | 6,318 | 5,415 | 6,053 | ||
Exports | $ millions | 19,016 | 22,835 | 26,911 | 25,197 | ||
Incomes: | |||||||
Personal income | $ millions | 81,910 | 85,960 | 90,350 | 93,173 e | ||
Labour income | $ millions | 50,996 | 53,732 | 56,620 | 58,696 | ||
Average weekly earnings | $ | 558.18 | 577.15 | 594.01 | 606.82 | ||
Prices: | |||||||
Consumer price index, B.C. (urban) |
1986=100 | 131.6 | 134.2 | 137.3 | 138.5 | ||
Consumer price index, Vancouver |
1986=100 | 132.0 | 134.7 | 138.0 | 139.1 | ||
Consumer price index, Victoria |
1986=100 | 130.2 | 132.8 | 136.1 | 137.4 | ||
Industrial product price index, Canada |
1986=100 | 112.7 | 119.1 | 128.8 | 129.4 | ||
B.C. export commodity price index ($ Cdn.) |
1986=100 | 118.9 | 135.9 | 154.1 | 144.4 | ||
Financial Indicators: | |||||||
Business incorporations | number | 22,955 | 25,774 | 23,846 | 23,237 | ||
Business bankruptcies | number | 830 | 827 | 973 | 948 | ||
Shares traded (Vancouver Stock Exchange) |
$ millions | 6,781 | 5,783 | 6,422 | 11,986 | ||
Personal savings deposits at chartered banks |
$ millions | 36,591 | 38,997 | 41,497 | 43,100 e | ||
Personal loans outstanding at chartered banks |
$ millions | 9,446 | 10,408 | 11,300 | 12,600 e | ||
Sector Indicators: | |||||||
Manufacturing shipments | $ millions | 27,143 | 31,048 | 34,169 | 32,906 | ||
Timber scaled | thousand cubic metres |
79,239 | 75,649 | 76,472 | 75,213 | ||
Lumber production | thousand cubic metres |
33,935 | 33,671 | 32,611 | 32,671 | ||
Pulp and paper production | thousand tonnes |
7,107 | 7,710 | 7,608 | 7,295 | ||
Gross value of mineral production |
$ millions | 2,347 | 2,677 | 3,463 | 3,050 e | ||
Petroleum and natural gas production |
$ millions | 1,048 | 1,227 | 951 | 1,260 e | ||
Electric power generation (net) |
million kilowatt hours |
58,774 | 61,015 | 58,006 | 70,724 | ||
Farm cash receipts | $ millions | 1,433 | 1,516 | 1,527 | 1,588 | ||
Foreign visitors | thousands | 5,477 | 5,999 | 6,577 | 6,907 | ||
Regional Data: | |||||||
Housing Starts | |||||||
Vancouver | 21,307 | 20,473 | 14,992 | 15,453 | |||
Victoria | 2,633 | 2,303 | 1,299 | 1,142 | |||
Chilliwack | 1,468 | 1,187 | 588 | 396 | |||
Kamloops | 1,067 | 1,029 | 663 | 555 | |||
Kelowna | 1,963 | 1,496 | 1,205 | 1,406 | |||
Abbotsford | 2,045 | 1,600 | 886 | 865 | |||
Nanaimo | 1,520 | 996 | 642 | 887 | |||
Prince George | 426 | 370 | 292 | 441 | |||
Campbell River | 416 | 548 | 318 | 419 | |||
Courtenay | 1,471 | 1,309 | 506 | 517 | |||
Duncan | 625 | 495 | 242 | 383 | |||
Penticton | 885 | 552 | 277 | 300 | |||
Vernon | 742 | 656 | 432 | 400 |
Average Employment | Average Unemployment Rate (%) | ||||
Nov. `95 to Jan. `96 |
Nov. `96 to Jan. `97 |
Nov. `95 to Jan. `96 |
Nov. `96 to Jan. `97 |
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Labour Markets | |||||
Greater Vancouver | 907,000 | 930,000 | 8.7 | 8.2 | |
Greater Victoria | 141,000 | 149,000 | 10.2 | 7.7 | |
Vancouver Island/Coast | 296,000 | 317,000 | 11.2 | 9.8 | |
Mainland/Southwest | 1,027,000 | 1,058,000 | 8.8 | 8.2 | |
Thompson-Okanagan | 191,000 | 198,000 | 11.5 | 11.0 | |
Kootenay | 64,000 | 63,000 | 9.5 | 12.3 | |
Cariboo | 79,000 | 81,000 | 7.0 | 7.4 | |
North Coast and Nechako | 48,000 | 52,000 | 8.4 | 8.4 | |
Northeast | 33,000 | 34,000 | 7.3 | 7.5 |
* Per cent of the working-age population in the labour force.
e: Estimate
Sources: Statistics Canada, Bank of Canada, Government of British Columbia, industry associations.
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