Oh really? For whom is it a sound strategy? Let us look at some numbers.
|Source: Stats Canada CANSIM table 281-0049|
Over the last four years, BC ranked 7th in job growth, by percentage. More alarmingly, average weekly wages in this province have been declining steadily. In 2012, BC ranked fifth.
|Source: BC Stats, December 2012 release|
When NDP Premier Glen Clark left office, BC ranked second behind Ontario in average weekly wage. Under the Liberals, the province slipped to fifth position but the rate of change in weekly wages has been tenth of the ten provinces, between 2001 and 2011.
|Source: Stats Canada CANSIM table 281-0027|
I believe the Liberal economic plan is working exactly as designed. Their big business sponsors want this province to become a low wage economy, excepting, of course, senior bureaucrats and business leaders. That is the objective and the plan is working.