BC's annual rate of economic growth increased to 8th place in Canada
(2002) from 10th in 2001. Meanwhile, the province maintained 3rd place
for the level of after-tax personal income, the Board's core standard
of living target, while placing 7th on the employment rate (ages 15-64)
in 2002, down from 6th place in 2001. The province continues to perform
well on overall outcome measures of environment and health. BC placed
1st in Canada on the Progress Board's environmental quality index (1999-2003),
and 1st for life expectancy at birth (2000), the Board's core health outcome
target. Meanwhile, BC placed 9th in Canada during 2001 for the incidence
of low income, unchanged from 2000.
"The Progress Board continues to believe BC should place 1st or
2nd in Canada on all six core targets by 2010", noted David Black,
BC Progress Board Chair and President of Victoria-based Black Publishing
Ltd. "While our environment and health outcome performance is strong,
British Columbia has some distance to go to achieve the Board's 2010 economic
leadership benchmarks".
BC has tended to perform poorly on business investment and non-energy
exports for most of the past decade, a pattern that continued in 2002.
"Improving business investment levels and export performance is absolutely
key to achieving better levels of economic growth", Black noted,
adding, "fallout from the softwood lumber dispute and a slow North
American economy affected BC's overall 2002 final results".
The report contains supplemental information measuring BC's performance
relative to the 30 member nations of the Organization for Economic Cooperation
and Development (OECD). "An interesting finding is that BC's rank
for average annual economic growth between 1982 and 2001 was 29th out
of 31 jurisdictions, suggesting that BC's long-term stagnant economic
performance during the last two decades is not limited to comparisons
with key competitors in North America", said Tim McEwan, the Progress
Board's Executive Director. "BC's recent economic challenges are
a long time in the making; it will take time to turn things around",
he added.
BC is showing positive overall trends in innovation and education performance.
Despite placing 9th for its inter-provincial high school graduation rate
(2001), the province boasts 4th ranked overall performance out of 31 jurisdictions
on the 2000 OECD Program for International Student Assessment which tests
15 year olds on reading, math and science literacy. BC has the 2nd highest
percentage of population (aged 25-54) with a university credential in
Canada (2002), and the 3rd highest number of registered apprenticeship
completions (2001) per 1,000 population. "These results demonstrate
BC is achieving education excellence, though our high school graduation
rate needs further improvement and our post-secondary institutions confront
serious challenges providing access for many qualified students",
David Black noted.
Provincial performance on research and development (R&D) spending
relative to GDP has increased to 5th place in Canada (2000) from 7th rank
in the first Progress Board report two years ago. "BC continues to
lag central Canada, US pacific coast states, and two thirds of OECD jurisdictions
on R&D spending, but the solid track record of our universities at
patent creation and commercialization of technology, coupled with BC's
2nd place standing for Internet use and its 1st place for broadband connectivity
in Canada (2002) suggests BC has a solid innovation track record and tremendous
potential for knowledge-based growth and job creation", Black added.
BC continues to perform well relative to other provinces on overall environmental
outcomes, ranking 1st in Canada on the Progress Board's environmental
quality index which averages inter-provincial performance on urban air
quality, greenhouse gas emissions, wastewater treatment, and protected
areas. "Despite ongoing inter-provincial data gaps, BC continues
to earn top marks overall where comparisons can be drawn", Tim McEwan
stated.
BC performs very well relative to other provinces, US states, and OECD
jurisdictions on health outcomes. In addition to BC's 1st place position
on life expectancy at birth (2000), the province has the lowest cancer
and cardiovascular mortality rates (1999) and the fewest smokers in Canada
(2002). For the incidence of low birth weight infants, an internationally
recognized indicator of overall health and social condition, BC placed
5th (2000) among the provinces, 1st relative to key US and Canadian competitors,
and 5th relative to 31 OECD jurisdictions. "Our benchmarking shows
BC is steadily improving life expectancy and mortality rates due to cancer
and cardiovascular disease", McEwan noted.
Despite a 23.1% percent improvement between 1993 and 2002, BC's personal
and property crime rate (2002) is the worst in Canada and second worst
among North American jurisdictions. "While BC has certainly improved,
further efforts are needed to reduce property crime which accounts for
84% of overall reported crime", David Black noted.
This year's report also includes expanded Regional benchmarking. BC's
regions continue to under-perform the Greater Vancouver area on most measures
of economy, innovation and education, while environment, health and society
results are more even. "The key to enhancing prospects in BC's regions
and urban centers is to recognize they are mutually dependent, to focus
on improving export performance, and to build on local strengths",
Black added.
Black also commented on report findings that gaps between the Aboriginal
and general population are narrowing on indicators of employment, earned
income, education, and health. "Continuing efforts to close remaining
gaps is critical to improving the overall social condition of Aboriginal
communities, is essential for building First Nations capacity, and is
vital for economic development efforts in the Interior and Northern reaches
of the province", Black concluded.
Further results from this year's two-volume report -- along with past
BC Progress Board publications and other information -- is available at
www.bcprogressboard.com
The Progress Board also invites public feedback via its website or by
e-mail at: ideas@bcprogressboard.com
The BC Progress Board, established by Premier Gordon Campbell in July
2001, is an independent Panel of 18 senior business and academic leaders.
The Board's mandate is to competitively benchmark BC's progress and advise
on ways to improve provincial performance.
| Contact: |
Tim McEwan
Executive Director
BC Progress Board
(604) 775-1664
|