ContractEconomic Projections • July 3rd, 2008
Contract Type FiledJuly 3rd, 2008The Okanagan Basin Agreement specifies that the comprehensive framework plan for water resource development and management should encompass the 50 year period to 2020. Consequently it was necessary to develop projections of economic activity and population growth for this planning horizon in order that the capability of the water resource to supply future consumptive and non-consumptive water requirements and to assimilate future waste loadings could be assessed. It is worth emphasizing that these projections were undertaken to provide an information base for forecasting demands for the Okanagan water resource and not to develop regional economic plans for the Okanagan basin. Consequently they lack much of the detail that would be required for the latter purpose.