Developed as an aid to long-range planning at British Columbia Institute of Technology (BCIT), this third "Outlook" report presents information, analyses, and makes projections regarding conditions and trends likely to affect the college in the coming years. The report's six sections, which deal with important aspects of organizational life in British Columbia, focus on demography, the economy, the labor force, public policy, excellence in education, and the postsecondary educational system. Each of these sections identifies salient trends, comments on projections, and draws conclusions illustrating implications for BCIT planning. Highlighted conclusions included: (1) projections of a long-term decline in the conventional source population for full-time postsecondary education; (2) a medium-term economic outlook characterized by low inflation, high real interest rates, high unemployment, and slow growth; (3) low career placement levels for BCIT graduates in comparison to previous years; (4) the need to change the educational focus to one of lifelong learning to provide for the acquisition and upgrading of skills in response to technological advances; (5) a documented decline in the educational performance of elementary and secondary school students attributed to a lack of qualified teachers and inadequate instructional materials; and (6) a need for postsecondary institutions in British Columbia to seek new sources of funding as national and provincial policies of financial austerity continue. (HB)