B.C. businesses exposed to China’s sputtering economy

News Snapshot:

Exports from the province to its second-largest trade partner likely to decline as Western countries decouple from China B.C. and Canada managed to escape a recession that had been predicted for 2023, but what lies ahead appears to be continued sluggish growth at best in 2024. “Canada’s right on the edge of recession right now, and most forecasters I look at are expecting a further weaking of the economy this year,” said Jock Finlayson, chief economist for the Independent Contractors and Business Association (ICBA). “The American economy may, I think, escape a recession, although it will slow.” For B.C., weaker...