BC Monthly Real GDP Estimate for October 2025 & Preliminary Estimate for November 2025

The BCREA Nowcast estimate for provincial economic growth, measured as year-over-year growth in real GDP, indicated a 1.4 per cent increase in October. By comparison, the Canadian economy saw a year-over-year growth of 0.4 per cent in October. Our preliminary estimate for November suggests a year-over-year growth of 1.7 per cent for BC, compared to 0.7 per cent for Canada. Over the first 11 months of 2025, BC's real GDP growth is tracking at 1.6 per cent. 

On a regional level, the Northern economy continues to trend in recession territory due to the effects of tariffs on the forestry sector and overall slowing of trade with the United States. Growth has more or less steadied in other regions of the province and has even firmed up in the Thompson Okanagan and Vancouver Island regions.