Vancouver Sun: Housing revenues help balance B.C. budget again, but downturn looms

  • August 28, 2018

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“Obviously we’re coming off the boil from the housing real estate boom,” said Jock Finlayson, executive vice-president for the Business Council of B.C.

“That’s clearly an area where the slowdown is very much in evidence in the Lower Mainland, and to some extent in the province, in sales activity. It’s going to pinch the government’s revenues for sure. Some of that I think they factored in their budget in February. The question is whether what’s happening now is a bigger downtown than what was predicted in the budget.”