Close X
Wednesday, December 4, 2024
ADVT 
National

B.C. deficit lower than forecast at $5.5 billion

Darpan News Desk The Canadian Press, 28 Jul, 2021 12:59 PM
  • B.C. deficit lower than forecast at $5.5 billion

British Columbia's budget deficit has come in almost $3 billion lower than was forecast for the 2020-21 fiscal year.

Finance Minister Selina Robinson says the final numbers show a deficit of $5.46 billion compared to the original forecast of almost $8.2 billion.

She says the strength of B.C.'s economy helped keep the province's finances on stable ground.

Robinson says she expects to lay out a plan in next year's budget that outlines how the province will return to future surpluses.

She says the public accounts show B.C. spent more than $10 billion on COVID-19 response and recovery programs, which included funding for health and shelter as well as economic supports and benefits.

Robinson says the accounts show B.C.'s economy declined by 3.8 per cent, which was less than Canada's national average of 5.3 per cent.

MORE National ARTICLES

Dozens of deaths may be tied to historic Northwest heat wave

Dozens of deaths may be tied to historic Northwest heat wave
In Vancouver, British Columbia, police said they had responded to more than 65 sudden deaths since the heat wave began Friday. Authorities in Washington and Oregon were investigating about a dozen deaths.

Dozens of deaths may be tied to historic Northwest heat wave

B.C. First Nation says remains of 182 found

B.C. First Nation says remains of 182 found
In a news release, the band says the community of aqam began using the technology last year to search a site near Cranbrook that is close to the former St. Eugene's Mission School, which was operated by the Catholic Church from 1912 until the early 1970s.

B.C. First Nation says remains of 182 found

Masks recommended on public transit in Metro Vancouver

Masks recommended on public transit in Metro Vancouver
Customers are encouraged to continue wearing masks on transit as a precautionary measure to protect themselves, fellow customers, and our employees.

Masks recommended on public transit in Metro Vancouver

Health Canada updates AstraZeneca vaccine label

Health Canada updates AstraZeneca vaccine label
Health Canada is updating the label for the Oxford-AstraZeneca and COVISHIELD COVID-19 vaccines to add capillary leak syndrome as a potential side-effect.

Health Canada updates AstraZeneca vaccine label

No winning ticket for Lotto Max jackpot

No winning ticket for Lotto Max jackpot
There was no winning ticket sold for Tuesday's $55 million Lotto Max jackpot. The four Maxmillion prizes of $1 million also went unclaimed.

No winning ticket for Lotto Max jackpot

Ceremony marks residential school demolition

Ceremony marks residential school demolition
Survivors of a residential school in northern British Columbia have given the community strength and courage to keep pushing in a decades-long fight to demolish the building, says the deputy chief of the Daylu Dena Council.

Ceremony marks residential school demolition