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

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Katrine Conroy says the 2023 B.C. budget she'll release today won't be 'quite as rosy' with deficits looming in the future.

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.

 

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