{"id":352149,"date":"2025-12-18T00:03:12","date_gmt":"2025-12-18T00:03:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/352149\/"},"modified":"2025-12-18T00:03:12","modified_gmt":"2025-12-18T00:03:12","slug":"b-c-premier-paints-rosy-picture-for-economy-heading-in-to-2026","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/352149\/","title":{"rendered":"B.C. premier paints rosy picture for economy heading in to 2026"},"content":{"rendered":"<p>B.C.\u2019s premier says companies and investors are gaining confidence in major project proponents in the province, despite some economic uncertainty that remains.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/12\/1765485674_689_70c8fc80.png\" alt=\"\" style=\"position:absolute;width:1px;height:1px\" referrerpolicy=\"no-referrer-when-downgrade\"\/><\/p>\n<p>\u201cI mean, 2025 was a really difficult year for a lot of British Columbians and it didn\u2019t have to be,\u201d Premier David Eby said at a press conference on Wednesday.<\/p>\n<p>\u201cThe year started for me with, in many ways, with some tweets on Truth Social, and it ended with the actual impact of those tweets on British Columbians, especially in the forest sector.\u201d<\/p>\n<p>However, Eby is optimistic heading into 2026.<\/p>\n<p>\u201cB.C. is indeed positioned to be the economic engine of our country\u2019s economy going forward,\u201d he said.<\/p>\n<p>The recent merger between Canadian natural resources company Teck Resources Ltd. and Britain\u2019s Anglo American PLC means the majority of the $4.5 billion investment will be spent in B.C., Eby said on Wednesday.<\/p>\n<p>Story continues below advertisement<\/p>\n<p>Their head office will be in the Lower Mainland and Eby says he expects that investment to be spent at the Teck smelter in Trail, the Highland Valley Copper Mine near Kamloops and Galore Creek in northwest B.C.<\/p>\n<p>\t\t\t\t\t<img decoding=\"async\" width=\"170\" height=\"225\" loading=\"lazy\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/12\/1765813388_386_national.jpg\" alt=\"For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.\"\/><\/p>\n<p>\t\t\t\t\tGet breaking National news<\/p>\n<p>For news impacting Canada and around the world, sign up for breaking news alerts delivered directly to you when they happen.<\/p>\n<p>\u201cThis four-and-a-half-billion-dollar commitment over five years means thousands of jobs in construction and servicing these mines, but also for suppliers in the Fraser Valley, in the Lower Mainland and office jobs and knock-on benefits right across the province,\u201d Eby said.<\/p>\n<p>In addition, Eby said Artemis Gold, a mine north of Prince George, announced this week that they will be expanding in B.C. and investing $1 billion.<\/p>\n<p>\n\t\t\tMore on Politics<br \/>\n\t\t\tMore videos\n\t\t<\/p>\n<p>\u201cIt means 1,200 permanent jobs, 2,000 construction jobs and comes on the heels of the Highland Valley Copper expansion announcement, which itself was 2,000 construction jobs and 1,200 permanent jobs, a multi-billion dollar investment by Teck,\u201d Eby said.<\/p>\n<p>Last month, Eby <a href=\"https:\/\/globalnews.ca\/news\/11529786\/look-west-bc-government-plan-us-tariffs\/\" target=\"_blank\" rel=\"noopener nofollow\">shared a new 10-year economic strategy<\/a> that embraces speeding up the building of major projects.<\/p>\n<p>\n\t\tTrending Now\n\t<\/p>\n<p>\t\t\t<a href=\"https:\/\/globalnews.ca\/news\/11580848\/trump-travel-ban-more-countries-palestinian-authority\/\" class=\"c-posts__inner\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-posts__thumbnail\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/12\/1766016191_790_3f77117524ded5edda1687cc8b2710b13a0b89d7c4252b81805497eee60b9b30_548c3d.jpg\" loading=\"lazy\" width=\"336\" height=\"224\" alt=\"\"\/><\/p>\n<p>\n\t\t\t\t\tTrump expands U.S. travel ban and restrictions to 20 more countries\n\t\t\t<\/p>\n<p>\t\t\t<\/a><\/p>\n<p>\t\t\t<a href=\"https:\/\/globalnews.ca\/news\/11581609\/mark-carney-year-end-interview-floor-crossings\/\" class=\"c-posts__inner\" rel=\"nofollow noopener\" target=\"_blank\"><\/p>\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-posts__thumbnail\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/12\/Carney-floor-crossing.jpg\" loading=\"lazy\" width=\"336\" height=\"224\" alt=\"\"\/><\/p>\n<p>\n\t\t\t\t\t\u2018They came to us,\u2019 Carney says on Conservative MPs crossing the floor\n\t\t\t<\/p>\n<p>\t\t\t<\/a><\/p>\n<p>The plan, called \u2018<a href=\"https:\/\/www2.gov.bc.ca\/gov\/content\/employment-business\/look-west-strategy\" target=\"_blank\" rel=\"noopener nofollow\">Look West<\/a>\u2018, aims to face the challenges brought on by the U.S. tariffs, according to the government, and strengthen the economy while speeding up and diversifying key sectors.<\/p>\n<p>The plan states that by 2032, B.C. will have three new natural gas projects, four new or expanded mines in operation and eight new renewable energy projects operational.<\/p>\n<p>Story continues below advertisement<\/p>\n<p>\t\t\t\t\t\t<img decoding=\"async\" class=\"c-video__image\" alt=\"Click to play video: 'B.C. announces \u2018Look West\u2019 plan'\" width=\"640\" height=\"360\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/12\/web_6P_PROVINCIAL_ECONOMIC__OM01LHSS.jpg\" loading=\"lazy\"   data-\/><\/p>\n<p>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t1:59<br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\tB.C. announces \u2018Look West\u2019 plan\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/p>\n<p>The federal government also announced <a href=\"https:\/\/globalnews.ca\/news\/11524927\/2-bc-projects-mark-carney-list-major-projects-fast-track-approval\/\" target=\"_blank\" rel=\"noopener nofollow\">earlier this year that it plans to fast-track four major B.C. projects<\/a>, including phase two of LNG Canada and the <a href=\"https:\/\/globalnews.ca\/news\/11431183\/bc-green-lights-controversial-lng-megaproject-north-coast\/\" target=\"_blank\" rel=\"noopener nofollow\">Ksi Lisims LNG<\/a> export terminal.<\/p>\n<p>\n\t\t&amp;copy 2025 Global News, a division of Corus Entertainment Inc.\t<\/p>\n","protected":false},"excerpt":{"rendered":"B.C.\u2019s premier says companies and investors are gaining confidence in major project proponents in the province, despite some&hellip;\n","protected":false},"author":2,"featured_media":352150,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[152801,49,48,46,44,714],"class_list":{"0":"post-352149","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-canada","8":"tag-bc-major-projects","9":"tag-ca","10":"tag-canada","11":"tag-economy","12":"tag-news","13":"tag-politics"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/352149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=352149"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/352149\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/352150"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=352149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=352149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=352149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}