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

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“We’re thinking that we’ll probably have some deficits in the coming years.'

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.

 

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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

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