Ep. 513: British Columbia’s Lacklustre Prosperity (w/ David Williams, Business Council of BC)
Guest: David Williams, Business Council of BC
According to the 2024 British Columbia Prosperity Index, “BC places 11th out of 21 peer jurisdictions for overall prosperity.”
The study was developed with the Centre for the Study of Living Standards, which compares BC’s performance on a range of economic, business, social and environmental indicators.
David Williams says, “There is no medal for 11th place and for good reason. This matters for young families and people aspiring to build a future in this province. Prosperity is crucial.” The report is filled with disheartening numbers about BC’s place on the Prosperity Index.
The Index reports that British Columbia is “11th of 21 jurisdictions in Business Well-Being, 15th in Economic Well-Being, 7th in Societal Well-Being, 12th in Labour Productivity, 13th in Innovation Ranking, 13th in Income Inequality and 18th for Housing Affordability.”
We invited David Williams, the Vice President of Policy at the Business Council of British Columbia, to join us for a Conversation That Matters about the factors that are driving down prosperity in BC and what we can do to reverse this trend.