BC Economy at Risk: Trump's Tariffs May Cut 124,000 Jobs and $69 Billion in Losses

2025-01-16
BC Economy at Risk: Trump's Tariffs May Cut 124,000 Jobs and $69 Billion in Losses
The Globe and Mail

The finance ministry warns that Trump's tariffs could have a devastating impact on BC's economy, potentially cutting 124,000 jobs and costing the province $69 billion. In response, Premier is considering blocking the overland transport of US goods through BC to Alaska, a move that could escalate trade tensions. The province is exploring options to mitigate the effects of the tariffs, including diversifying trade relationships and supporting local businesses. With the future of international trade uncertain, BC is bracing for potential economic fallout, including job losses and revenue declines, amid the ongoing trade war and economic uncertainty.

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