The Province has launched a new economic strategy called Look West, aimed at speeding up major projects, expanding skills training, and strengthening key industries across British Columbia over the next decade.
The plan lays out a 10-year vision, with a goal of securing 200 billion dollars in private-sector investment, while reducing reliance on U.S. trade and boosting B.C.’s role in national economic growth and defence projects.
Premier David Eby says the strategy is designed to position British Columbia as, in his words, an economic powerhouse for the country, supporting communities and creating good-paying jobs.
The plan also responds to challenges brought on by recent U.S. tariffs and includes work already underway to modernize provincial permitting processes.
Target industries identified in the plan include critical minerals, aerospace, marine industries, energy, agriculture and food processing, life sciences, and emerging technologies like artificial intelligence and quantum computing.
Several early investments tied to the strategy have already been announced, including more than 10 million dollars in targeted manufacturing funding and 33 million dollars toward Canada’s Immuno-Engineering and Biomanufacturing Hub at UBC.
To learn more, visit Government of British Columbia.
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