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BC Economic Growth

/ 97.3 The Eagle
            Central 1 Credit Union says the province’s economy remains on solid footing but is predicting growth will slow next year. Economic activity will continue to be underpinned by solid consumer spending but growth will be curtailed by lower employment gains and weaker housing activity. Senior Economist Bryan Yu is forecasting economic growth to fall to 2.3 per cent in 2017 from an expected three per cent this year, while the growth in employment will slow to 1.1 per cent after a surge this year.

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