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

British Columbia’s financial status will not be as rosy as it has been over the past year, says Finance Minister Katrine Conroy, who will table the New Democrat government’s budget today.

Conroy said the budget will include investments in health care, public safety and communities. She said the government intends to continue spending the remaining surplus it has until the end of the fiscal year on March 31, with any leftover money going to help pay down the provincial debt. Premier David Eby said recently budgets are about choices, and the government’s budget will reflect priorities that help people.

Since taking office, Eby has introduced initiatives amounting to $2 billion in affordability measures, $1 billion towards municipal infrastructure projects and $500 million toward protecting rental housing. The B.C. Greens called on the government to spend $1 billion on provincial Transit to improve public transit service across the province.

Deficit No wonder with BC housing spending tens of millions. Flushing it all down the drain

Oh no! The money helicopter drops are in danger.

Are we surprised?

Has the overall debt been paid down like Alberta?

Duh even this alleged surplus is suspect. Some funny accounting going on in government

Business Business Latest News, Business Business 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 »

Finance minister suggests budget deficits on way for B.C. after surplusBritish Columbia 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. Anyone with grey matter can see that. We are already in a recession and the depression is incoming.
Source: CTVNewsVI - 🏆 28. / 68 Read more »

Finance minister suggests budget deficits on way for B.C. after surplusKatrine Conroy says her budget will continue to support programs that help families, with a focus on health care, public safety and housing
Source: globeandmail - 🏆 5. / 92 Read more »

Finance minister guarantees tomorrow’s provincial budget won’t forget rural B.C. - Terrace StandardKatrine Conroy also signaled that B.C. will ‘probably’ have deficits in the future
Source: TerraceStandard - 🏆 24. / 68 Read more »

B.C. budget deficits to come after healthy surplus: Finance Minister Katrine Conroy‘This is a bit of an anomaly, this year’s surplus, and we will be announcing the direction we are moving in,’ says Katrine Conroy. That seems like mismanagement - especially after the increased health care dollars from the federal govt. deficits at these interest rates... Brilliant!
Source: VancouverSun - 🏆 49. / 61 Read more »