B.C. Budget 2023: No $6B Surplus this year, finance minister hints

Original Story posted by The Canadian Press

Finance Minister Katrine Conroy says the 2023 B.C. budget won’t be “quite as rosy” with deficits looming in the future. Conroy says the prospect of a multibillion-dollar surplus similar to last year’s budget is not in the forecast.She says that almost $6-billion surplus was an anomaly that allowed the NDP government to announce numerous spending initiatives on health, affordability, infrastructure and housing.her new budget will invest in health care, public safety and communities.Pretty big signal tomorrow BC will table a fiscal plan in the red.

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.

Finance minister suggests budget deficits on way for B.C. after surplus; budget details today“We’re thinking that we’ll probably have some deficits in the coming years.' Duh even this alleged surplus is suspect. Some funny accounting going on in government Has the overall debt been paid down like Alberta? Are we surprised?
Source: timescolonist - 🏆 15. / 75 Read more »

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 »