The BCREA Nowcast estimate for provincial economic growth, measured as year-over-year growth in real GDP, indicated a 2.3 per cent increase in August 2026, a second consecutive reading above 2 per cent. By comparison, the Canadian economy saw year-over-year growth of 1.5 per cent in August. Our preliminary estimate for September suggests that year-over-year ticked lower to 2.1 per cent in BC, compared with 1.2 per cent in Canada.

At the regional level, the Lower Mainland appears to be rebounding following a sluggish summer while the Island continues to struggle with a weak labour market. Growth in the economies of the Interior and the North is trending in slow but positive territory.

To view the full interactive BCREA Nowcast, click here.
To download the PDF, click here.

For more information, please contact:
Brendon Ogmundson
Chief Economist
Direct: 604.742.2796
Mobile: 604.505.6793
Email: [email protected]