GOOD TIMES THROUGH 2011!!!

"Led by our booming housing sector, the Okanagan's economy will shine through at least 2011" said Craig Wright, Royal Bank's chief economist.
"The housing market is stronger here than in many other parts of the country and the labour market is tight. That may cause some concern for employers, but it means that consumer confidence is strong and will continue to grow."
As a lifestyle destination, the Okanagan goes through a lot of real estate bought by wealthy baby boomers who are snapping up retirment, second, vacation and investment homes in the valley.
Wright estimates B.C.'s economic growth will come in at 3.1% this year and about 2.9% in 2008.
"After 2011, the growth will slow" he said. "There will still be good growth and high levels of construction, but just not as high as during this health cylcle".
Mr. Wright's expects the Canadian dollar to settle around US 98 cents by the end of 2008.