David Eby says U.S. tariff could hit harder than 2008 recession

The 2008 global financial crisis threw B.C.’s economy into reverse, going from three per cent growth in 2007 to a 2.3 per cent contraction in 2009, according to the province’s annual financial and economic reviews. It was the first contraction in GDP since 1982, with 54,900 jobs lost from 2008 to 2009 as unemployment spiked to 7.6 per cent and retail sales plunged.