Doerkson Pins Growth Hopes on Getting Forestry ‘Back to Business’ and LNG Opportunity
Interim British Columbia Conservative leader Lorne Doerkson is partly pinning his hopes on the province’s beleaguered forestry sector to carry his election platform’s forecast of 3.2 percent economic growth. Doerkson says the sector is now in peril but has been a “ginormous contributor” to the province’s economy in the past, and the infrastructure is in place to “absolutely get back to business.” The Conservatives’ growth projections exceed both the NDP’s projections for the province and the Bank of Canada’s national forecasts. They say in their platform for Saturday’s election that GDP growth by 2029-2030 will yield $2.6 billion in new revenue that will help bring down the deficit that has reached record levels under the government of NDP Leader David Eby....
Interim BC Conservative leader Lorne Doerkson is projecting 3.2 percent economic growth, largely dependent on revitalizing the province’s struggling forestry sector. This projection surpasses both NDP and Bank of Canada forecasts, with the Conservatives aiming to generate $2.6 billion in new revenue by 2029-2030 to reduce the current deficit. Doerkson believes the necessary infrastructure is in place to restore the forestry sector to its former economic contribution.
- Interim BC Conservative leader Lorne Doerkson is basing his election platform’s economic growth forecast on the forestry sector.
- The Conservatives project 3.2 percent economic growth, exceeding NDP and Bank of Canada forecasts.
- They anticipate GDP growth by 2029-2030 will generate $2.6 billion in new revenue.
- This new revenue is intended to help reduce the deficit under the NDP government.
- Doerkson believes the infrastructure exists to revive the forestry sector.
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