British Columbia -- Budget '99
Ministry of Finance and Corporate Relations
Joy K. MacPhail, Minister

Budget Reports
This electronic version is for informational purposes only.
The printed version remains the official version.

Report H:
SUPPLEMENTARY TABLES

TABLE H1
GENERAL ECONOMIC INDICATORS


Unit or
Base Period
1995 1996 1997 1998

Population and Labour Force:
Population (July 1) thousands 3,784 3,882 3,959 4,010
Net In-migration number 60,413 62,502 45,756 8,900e
Interprovincial number 23,414 17,798 5,554 (19,500e)
International number 36,999 44,704 40,202 28,400e
Labour force thousands 1,935 1,982 2,012 2,043
Labour force participation rate* per cent 65.7 65.5 64.9 64.8
Male per cent 73.0 72.6 71.8 71.1
Female per cent 58.5 58.6 58.2 58.8
Employment thousands 1,762 1,806 1,838 1,860
Male thousands 963 986 1,001 996
Female thousands 799 820 836 864
Full-time thousands 1,413 1,444 1,454 1,460
Part-time thousands 349 362 384 400
Unemployment rate per cent 9.0 8.9 8.7 8.9
Male per cent 9.2 9.0 8.9 9.8
Female per cent 8.6 8.7 8.4 7.9
Main Economic Indicators:
Provincial gross domestic product $ millions 104,786 105,843 109,347 108,300e
Capital investment (new) $ millions 20,403 19,310 20,736 19,015
Retail sales $ millions 31,496 32,071 33,736 33,245
New motor vehicle sales units 148,069 143,696 164,426 147,501
Housing starts dwelling
units
27,057 27,641 29,351 19,931
Building permits $ millions 5,415 6,053 5,544 4,740
Exports $ millions 26,911 25,742 26,771 25,838
Incomes:
Personal income $ millions 90,118 92,288 94,578 95,620e
Labour income $ millions 56,757 58,412 60,607 61,628
Average weekly earnings $ 595 608 614 618
Prices:
Consumer price index, B.C. (urban) 1992=100 107.9 108.9 109.7 110.0
Consumer price index, Vancouver 1992=100 108.4 109.2 109.8 110.4
Consumer price index, Victoria 1992=100 107.7 108.7 109.7 110.0
Industrial product price index, Canada 1992=100 118.1 118.6 119.5 119.4
B.C. export commodity price index ($Cdn.) 1992=100 141.0 138.2 140.8 129.9
Financial Indicators:
Business incorporations number 23,846 22,848 22,958 20,759
Business bankruptcies number 972 946 898 1,026e
Shares traded (Vancouver Stock Exchange) $ millions 6,422 11,986 8,971 3,791
Personal savings deposits at chartered banks $ millions 41,497 42,724 41,846 40,400e
Personal loans outstanding at chartered banks $ millions 11,414 12, 535 13,741 13,230e
Sector Indicators:
Manufacturing shipments $ millions 35,040 33,933 34,671 33,718
Timber scaled thousand
cubic metres
76,472 75,213 68,628 64,967
Lumber production thousand
cubic metres
32,611 32,671 31,562 30,237
Pulp and paper production thousand
tonnes
7,608 7,287 7,096 7,073
Gross value of mineral production $ millions 3,437 3,087 3,132 3,006e
Petroleum and natural gas production $ millions 980 1,258 1,571 1,511e
Electric power generation (net) million
kilowatt
hours
58,006 71,747 66,693 66,766
Farm cash receipts $ millions 1,564 1,673 1,765 1,766
Foreign visitors thousands 6,577 6,907 7,323 7,845
Regional Data:
Housing Starts
Vancouver Units 14,992 14,453 15,950 11,878
Victoria 1,299 1,142 1,311 964
Abbotsford 886 865 871 536
Chilliwack 588 396 621 356
Courtenay 506 517 488 277
Kamloops 663 555 543 380
Kelowna 1,205 1,406 1,741 851
Nanaimo 642 887 821 479
Prince George 292 441 402 273
Campbell River 318 419 336 132
Vernon 432 400 346 333
Duncan 242 383 242 175
Penticton 277 300 223 269
Employment Unemployment Rate (%)
Labour Markets 1997 1998 1997 1998




Greater Vancouver 940,900 960,300 8.5 8.1
Greater Victoria 151,400 150,400 8.1 8.8
Vancouver Island/Coast 325,900 323,400 9.0 9.8
Mainland/Southwest 1,070,600 1,091,500 8.5 8.2
Thompson-Okanagan 209,600 212,100 8.6 8.3
Kootenay 64,300 69,800 9.6 12.1
Cariboo 79,100 80,000 10.3 14.6
North Coast and Nechako 53,300 49,800 9.2 9.8
Northeast 34,900 33,900 4.9 4.0
 
e: estimates.
* Per cent of the working-age population in the labour force.
Sources: Statistics Canada, Bank of Canada, Government of British Columbia, other federal and provincial agencies and industry associations.

 

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