Finance minister suggests budget deficits on way for B.C. after surplus

  • 📰 CTVNewsVI
  • ⏱ Reading Time:
  • 33 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 17%
  • Publisher: 68%

Australia News News

Australia Australia Latest News,Australia Australia Headlines

B.C. Finance Minister Katrine Conroy is suggesting budget deficits are in the province's future as she prepares to present the government's financial blueprint Tuesday.

Premier David Eby's government has been spending what was projected as an almost $6-billion surplus from last year's budget on pressing issues like disaster mitigation, addiction treatment and cost-of-living supports.

Conroy made her comments today at an elementary school where she served meat loaf, salad and desserts to students in grades 1 and 5 as part of a government-funded meal program. She says her budget will continue to support programs that help families, with a focus on health care, public safety and housing.

Conroy, who represents a Kootenay-area riding, says the budget will not forget rural B.C., although she didn't elaborate. While the tradition for finance ministers is to buy a new pair of shoes to wear when presenting the budget, Conroy says she's a frugal person and has decided to polish an old pair of shoes to wear instead.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 28. in AU
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Anyone with grey matter can see that. We are already in a recession and the depression is incoming.

Australia Australia Latest News, Australia Australia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

B.C.'s finance minister hints at deficit for Budget 2023B.C.'s finance minister hinted the budget to be released on Feb. 28 for the 2023 fiscal year will be a deficit. Hints at a deficit budget of $98,000,000,000 ? Hell, even our great great great grandchildren will be paying off this debt.
Source: CHEK_News - 🏆 59. / 55 Read more »

Rogers-Shaw takeover: Expert says industry minister likely mulling optics of approval - BNN BloombergPolitical optics is likely a factor Canada’s industry minister is considering as he mulls whether to approve Rogers Communications Inc.’s $20-billion acquisition of Shaw Communications Inc., according to an expert in business mergers. Approve it already. Reward the risk takers. Want better prices? Allow American and worldwide competition.
Source: BNNBloomberg - 🏆 83. / 50 Read more »