An economic summit in B.K. on Tuesday was the second one since the Liberals came to power and a big boost to confidence in the economy and Canada’s future.
The event marked the opening of the $2.5-billion B.F.J.
Fisher Centre, which has been in the planning stage for about a year, and is expected to generate more than $2 billion in new investment.
“It’s a tremendous honour for me to be here and I want to thank all the members of our team for their leadership,” B.B.J., the party’s governing BC wing, said in a statement.
“The BC Liberals have made it clear that they’re committed to bringing jobs back to our province, building on the success of the BQF program and helping to bring the prosperity of our country back to the people of British Columbia.”
B.J.’s government has pledged $500 million in provincial and federal funding to the Fisher Centre, and the party says it expects the centre will generate more $2 million in new private-sector jobs and $50 million in public sector jobs in the next five years.
The premier said B.L.C.’s economy is booming and “there is no shortage of people out there who want to help build it.”
In its annual economic forecast, the BMO Economic Group said British Columbia’s economy will grow by 1.2 per cent in 2018 and 2.1 per cent next year, based on its forecast for the next three years.
That would be the fastest pace of growth in the province since the Broughton boom of the late 1990s.
The B.N.F.’s economic performance has been slower in recent years and the BN.
S. is in the midst of a budget deficit.
The New Democrats’ economy has been on the upswing, although the party is facing a deficit of $1.6 billion in 2018.
The party has been promising an economic boom in British Columbia, and has pledged a $3-billion stimulus package to help rebuild the economy.
In his speech, Mr. Horgan said the BfJF would be a centrepiece of the province’s economy.
“I want the Fisher Center to be an economic catalyst,” he said.
“This is not just a fish bowl, it’s a fish pond.”
The BfBJF, which is part of the federal government, is an independent agency that provides business services and has been tasked with overseeing the government’s economic recovery.
The federal government is looking to build on the Fisher centre’s success, as the government seeks to build a stronger economy through a new economic strategy, a new government website and new infrastructure.
“We have set out to make sure we have a government that is accountable, that’s transparent, that delivers for Canadians and is able to deliver for the future,” Mr. Trudeau said.
Mr. Bercow also promised a “faster, better and stronger Canada.”
“This government has made clear that we will do everything possible to make our economy stronger, stronger and faster, and to make a country that is stronger for the many, not just the few,” he told reporters.
The new BfjF centre is expected add 2,000 jobs.
B.D. Howe Institute director of public policy and government affairs, David Johnston, said the centre is likely to be “a boon to the economy” and that it will generate an additional $2-million in private sector jobs and about $1-million a year in public-sector job growth.
“There’s going to be a lot of positive buzz about the centre and the fact that there’s a centre in the Bancroft building that has been under construction for a while,” he added.
“They’ve got the same staff as the BBSF.”
Mr. Johnston said the government has a number of other plans in the works, including a new public-transport system, a $5-million new health-care infrastructure and the construction of new pipelines.
The Fisher Centre will also bring new jobs to the BizNex, a regional economic development hub.
Biznex, which was established in 2006, was one of the first regional centres in Canada, said Mr. Thomas.
“BizNEX has been very instrumental in bringing more than 100,000 people to the region from across the province,” he noted.
The mayor of Prince George, George Cottam, welcomed the centre’s arrival, and said he was excited to be working with the government on the project.
“Our economic development team has been working for the last six years on this project, and we are excited to have it come to fruition,” Mr., Cottal said in an interview.
“In the Bismarck area, there are a lot more people that have jobs and opportunities than BizEx.”