Close X
Monday, December 2, 2024
ADVT 
National

B.C. finance minister to table her first budget

Darpan News Desk The Canadian Press, 28 Feb, 2023 10:44 AM
  • B.C. finance minister to table her first budget

VICTORIA - British Columbia Finance Minister Katrine Conroy says the provincial budget she'll release today 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.

At a pre-budget news conference at a Victoria-area elementary school, Conroy suggested her new budget will invest in health care, public safety and communities.

Premier David Eby says budgets are about choices and the latest budget will reflect priorities that help people.

Eby says B.C.'s economy is one of the strongest in Canada and the government intends to continue to invest in areas that help people.

MORE National ARTICLES

VPD identifies 10 most wanted from Breakout Festival riot

VPD identifies 10 most wanted from Breakout Festival riot
Vandals caused more than $300,000 damage to the PNE on September 18, after the last-minute cancellation of a headline act at the Breakout Festival. Dozens of concert-goers destroyed food kiosks, overturned tables, climbed light fixtures, and sparked fights throughout the PNE grounds and surrounding neighbourhoods.

VPD identifies 10 most wanted from Breakout Festival riot

Report says Canada exploiting Indian students for 'cheap labour'

Report says Canada exploiting Indian students for 'cheap labour'
According to the report, PM Justin Trudeau's government introduced the permit extension move to over 5,00,000 international students already in Canada to potentially work more hours, and stay for 18 months after graduation to seek employment. However, after more than a year, some of these permanent-resident hopefuls have been left without status to work or remain in the country.

Report says Canada exploiting Indian students for 'cheap labour'

Macklem to appear before Senate banking committee

Macklem to appear before Senate banking committee
The Bank of Canada hiked its key interest rate by half a percentage point on Wednesday and signalled interest rates would have to rise further to clamp down on decades-high inflation. Canada’s annual inflation rate was 6.9 per cent in September but has been steadily declining since reaching its highest rate this year of 8.1 per cent in June.

Macklem to appear before Senate banking committee

Feds want 500K immigrants per year by 2025

Feds want 500K immigrants per year by 2025
Canadian industries are facing a significant labour shortage, with about 1 million job vacancies across the country. The new plan puts an emphasis on increasing the number immigrants who will be admitted based on their work skills or experience over the next three years.  

Feds want 500K immigrants per year by 2025

Santa isn't coming to Vancouver, parade cancelled

Santa isn't coming to Vancouver, parade cancelled
The society says it's putting the parade on hiatus again "with a great deal of regret", after the event was cancelled in 2020 and 2021 because of pandemic precautions. The event traditionally features performances from bands and dance troupes, as well as an appearance by Santa and his helpers.

Santa isn't coming to Vancouver, parade cancelled

Weekend rain gives B.C. only modest drought relief

Weekend rain gives B.C. only modest drought relief
The storm prompted high streamflow advisories for waterways across Vancouver Island and the central and south coasts, but the River Forecast Centre expected levels to peak by late Monday, while another powerful rainstorm could arrive by the end of the week.

Weekend rain gives B.C. only modest drought relief