Cash supports to combat inflation on their way to 85% in B.C. this week: Finance ministry

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The income supports to combat an inflationary year were announced by the B.C. government in November

The provincial government says 85 per cent of people in B.C. will automatically get part or all of the B.C. Affordability Credit through the Canada Revenue Agency this week. About half will get the full credit.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

“The winter season often brings extra expenses for people and, with the rising costs we’re seeing around the world, it can add stress to already stretched household budgets,” said Finance Minister Katrine Conroy in a statement on Thursday as the credits were being handed out.Article content B.C. Premier David Eby has pledged to continue helping lower and moderate income British Columbians with the aid of a $5.7-billion budget surplus heading into 2023 — and more money is on the way.

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BogusBucks

Inflation? What inflation!!!

I'm no Economic genius but won't cash payments just fuel more inflation?

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