Close X
Wednesday, December 4, 2024
ADVT 
National

B.C. Government Boasts Balance At Start Of 12-week Legislative Session

The Canadian Press, 09 Feb, 2015 12:28 PM
    VICTORIA — British Columbia politicians return to the legislature Tuesday for a 12-week session highlighted by a budget that is the "envy" of all other Canadian provinces, said Finance Minister Mike de Jong.
     
    But the Opposition NDP is predicting a budget that will pinch away funds from the taxpayer through hikes in premiums and fees.
     
    De Jong, who's also the Liberal government's house leader, said the budget he'll present on Feb. 17 includes a surplus higher than the $444 million he forecasted last fall, but the extra cash still doesn't bring huge opportunities for spending. 
     
    While other Canadian governments are grappling just to cover costs, de Jong said the B.C. government intends to devote some of the surplus to paying down debt incurred during the global economic downturn dating back to 2008.
     
    "Fiscally, we are virtually the envy of every other province," said de Jong.
     
    During the downturn, B.C. ran four consecutive deficit budgets. The provincial debt is now at about $61 billion.
     
    De Jong said B.C. is likely the only province in the Canada tabling a balanced budget this year, an accomplishment he attributed to economic diversity and spending discipline.
     
    "The difficulty in achieving balance and a surplus is revealed in the fact virtually no one else is able to do it," he said. "At the same time that doesn't leave us a lot of room to provide additional tax relief."
     
    New Democrat House Leader Mike Farnworth said the Opposition will comb through the budget to find what it suspects will be increases in fees and premiums.
     
    "Apart from the budget bills, we don't seem to get a sense of any real direction from the government right now," he said.
     
    Lt.-Gov. Judith Guichon will read the speech from the throne on Tuesday outlining the government agenda for the spring sitting.
     
    De Jong said the government will introduce up to 20 pieces of legislation that will remove impediments to growth, modernize statutes and add to the liquefied natural gas legislation adopted last fall.
     
    The government's LNG legislation set an income tax structure and environmental standards for the industry, which the government is banking on providing massive economic revenues, but has yet to see one of the 18 prospective proposals to build LNG export facilities reach start phase.
     
    De Jong also suggested there may be some funding to address the controversial social-services clawbacks that have drawn protests from single-parent families and those who receive disability payments.
     
    The government routinely deducts support payments from monthly assistance cheques, which the NDP and other groups have said takes away funds from those who most need the funds. 
     
    Farnworth said de Jong's hints about the social-service claw backs are long overdue.
     
    "We've been going at the government now for the last two years on how unfair this is," he said. "Would like to think that after two years of being hammered on this they would do something," he said.

    MORE National ARTICLES

    Four Arrested After Five People Shot In Toronto: Police

    Four Arrested After Five People Shot In Toronto: Police
    TORONTO — Four people have been arrested in a shooting in northwest Toronto that sent five people to hospital, one with life-threatening injuries, police said Thursday.

    Four Arrested After Five People Shot In Toronto: Police

    Tasty Award: Chef At Edmonton's Westin Hotel Wins Gold At Culinary Championships

    Tasty Award: Chef At Edmonton's Westin Hotel Wins Gold At Culinary Championships
    KELOWNA, B.C. — An Edmonton chef has come up tops in taste at the Canadian Culinary Championships. Ryan O'Flynn from the city's Westin Hotel was awarded the gold medal at the cooking event in Kelowna, B.C., on the weekend.

    Tasty Award: Chef At Edmonton's Westin Hotel Wins Gold At Culinary Championships

    Fahmy Family Urges Harper To Intervene

    Fahmy Family Urges Harper To Intervene
    TORONTO - The family of a Canadian journalist languishing in an Egyptian prison launched an online campaign Monday, urging Prime Minister Stephen Harper to intervene in the case of Mohamed Fahmy.

    Fahmy Family Urges Harper To Intervene

    Ontario Deputy Premier 'Convinced' Corruption Allegations False

    Ontario Deputy Premier 'Convinced' Corruption Allegations False
    TORONTO - Ontario's deputy premier says she is "absolutely convinced" the Liberals did nothing criminal leading up to a recent byelection — but she also says she hasn't listened to audio recordings central to the allegations.

    Ontario Deputy Premier 'Convinced' Corruption Allegations False

    Pay Cut For New Brunswick Premier, Cabinet

    FREDERICTON - New Brunswick Premier Brian Gallant said he and members of his cabinet will have their ministerial salaries reduced by 15 and 10 per cent respectively until the province's books are balanced.

    Pay Cut For New Brunswick Premier, Cabinet

    Wanted Woman Arrested By Transit Police In Surrey After Showing Expired Fare

    Wanted Woman Arrested By Transit Police In Surrey After Showing Expired Fare

    SURREY, B.C. — A woman who was wanted for breaching parole conditions has been arrested...

    Wanted Woman Arrested By Transit Police In Surrey After Showing Expired Fare

    PrevNext