Terrible. Both for BC and Canada.  Billions of dollars have already left Canada, this is on top of that.  Economy may look OK today based on heavy deficit spending and a modest recovery in oil price, but watch what happens in 5-10 years with Canadian governments pushing out all foreign investment (as well as domestic investment) in our resource sector.  Not good for our country in the next decade I'm afraid.  This is a political response BTW - market conditions are tough, but the cost of getting a project approved in Canada is becoming the last straw.  This exodus will continue over the coming years unless we get a federal government with some teeth to act in the best interest of Canada (not just a "referee" as Trudeau put it shortly after election).  You can't sustain an economy on government led "infrastructure spending" while hoping for a commodity recovery in a commodity sector the government is actively killing off. Diversify? Not by raising corporate taxes and killing small busns