Given the slow rate of economic growth and high levels of uncertainty in the United States, British Columbians should be concerned about the economic implications of President Barack Obamas recent re-election.
Despite the fact that B.C. exports have diversified with exports to the Pacific Rim now equal those to the U.S., the U.S. remains a critically important market for B.C. A stronger American economy will no doubt lead to a robust recovery of B.C. exports to the U.S., which have declined more than 35% since 2005.