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BC’s resource boom winds down as $100B in projects near completion


In 2024, four energy mega-projects totalling $80 billion to $100 billion in private and public sector investment in B.C. were either completed and commissioned or substantially completed.

With the wind-down of construction activity on the Coastal GasLink pipeline, Trans Mountain pipeline expansion, Site C dam and LNG Canada, B.C.’s most significant economic driver—the resource sector—is now poised for deceleration and lower economic growth in the coming years, according to economists and business leaders.

“We don’t have a lot of projects that are currently in play that will take over from LNG Canada and Site C once they’re complete" ...

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