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

Interest rate hiked to 3.75% due to inflation: BOC

Interest rate hiked to 3.75% due to inflation: BOC
In Canada, the economy continues to operate in excess demand and labour markets remain tight. The demand for goods and services is still running ahead of the economy’s ability to supply them, putting upward pressure on domestic inflation. 

Interest rate hiked to 3.75% due to inflation: BOC

Record share of Canadians are immigrants

Record share of Canadians are immigrants
Previously, the majority of immigrants to Canada came from Europe, but now most immigrants come from Asia, including the Middle East. One in five people coming to Canada were born in India, the data shows, making it the top country of birth for recent arrivals. 

Record share of Canadians are immigrants

B.C. park reopens after pandemic closure

B.C. park reopens after pandemic closure
Peace Arch Provincial Park, the nine-hectare park that straddles the B.C.-Washington state border south of Vancouver, reopened Monday after being closed more than two years ago amid pandemic-related border closures.

B.C. park reopens after pandemic closure

Feds reject Rogers-Shaw deal, leave door open

Feds reject Rogers-Shaw deal, leave door open
Shaw's ownership of Freedom Mobile has widely been seen as the main obstacle to the deal's approval, and Montreal-based Videotron earlier this year agreed to buy it for $2.85 billion. But Champagne said before he would approve the Videotron deal, he requires additional concessions.  

Feds reject Rogers-Shaw deal, leave door open

Freeland stresses Bank of Canada's independence

Freeland stresses Bank of Canada's independence
The central bank is expected to raise its key interest rate by half or three quarters of a percentage point on Wednesday in an effort to clamp down on decades-high inflation, making it the sixth consecutive rate hike this year.

Freeland stresses Bank of Canada's independence

New information links homicide of Dhindsa brothers to multiple Lower Mainland shootings

New information links homicide of Dhindsa brothers to multiple Lower Mainland shootings
On March 19, 2021, Richmond RCMP officers responded to the 22000-block of Rathburn Drive to assist with a structure fire. The deceased were identified as brothers, Chaten Dhindsa, 25 and Joban Dhindsa, 23, both of Richmond. The injuries sustained by the Dhindsa brothers were consistent with a homicide. 

New information links homicide of Dhindsa brothers to multiple Lower Mainland shootings