BC Monthly Real GDP Estimate for August 2025 & Preliminary Estimate for September 2025

The BCREA Nowcast estimate for provincial economic growth, measured as year-over-year growth in real GDP, indicated a 1.5 per cent increase in August. By comparison, the Canadian economy saw a year-over-year growth of 0.7 per cent in August. Our preliminary estimate for September suggests a year-over-year growth of 1.7 per cent for BC, compared to 0.5 per cent for Canada. Over the first nine months of 2025, BC's real GDP growth is tracking at 1.6 per cent.

On a regional level, we are observing continued weakness in the Northern economy, primarily due to sluggish employment growth in the natural resources sector. However, the Interior markets of the Thompson-Okanagan and Kootenay regions are showing strong recovery. Growth in the Vancouver Island region remains slow, while the Lower Mainland is growing close to trend.