Close X
Sunday, September 22, 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

    Meter Running? Suspect Takes Taxi To Home Invasion; Asks Driver To Wait

    Meter Running? Suspect Takes Taxi To Home Invasion; Asks Driver To Wait
    RED DEER, Alta. — RCMP in central Alberta are looking for a suspect who took a taxi to a home invasion and asked the driver to wait for him.

    Meter Running? Suspect Takes Taxi To Home Invasion; Asks Driver To Wait

    Al Jazeera Reporter Says Release From Egypt Like A 'Rebirth;' No Word On Fahmy

    Al Jazeera Reporter Says Release From Egypt Like A 'Rebirth;' No Word On Fahmy
    CAIRO — Al Jazeera's Australian journalist Peter Greste, speaking a day after his release from prison in Egypt, says his freedom was something of a "rebirth" and that key to his well-being while incarcerated for more than a year was exercising, studying and meditating.

    Al Jazeera Reporter Says Release From Egypt Like A 'Rebirth;' No Word On Fahmy

    A Pause, But Not Panic, In Fort Mcmurray As Oil Prices Languish Below US $50

    A Pause, But Not Panic, In Fort Mcmurray As Oil Prices Languish Below US $50
    FORT MCMURRAY, Alta. — The city at the heart of Canada's oilsands is no ghost town, but things have slowed down a bit in Fort McMurray, Alta.

    A Pause, But Not Panic, In Fort Mcmurray As Oil Prices Languish Below US $50

    Yellow Pages To End Home-delivery Of Print Directories In Some Areas

    Yellow Pages To End Home-delivery Of Print Directories In Some Areas
    MONTREAL — Yellow Pages Ltd. (TSX:Y) will drop home delivery of its paper directories in some areas across Canada.

    Yellow Pages To End Home-delivery Of Print Directories In Some Areas

    Pair Of Duelling Private Member's Bills Stir Debate Over Census

    Pair Of Duelling Private Member's Bills Stir Debate Over Census
    OTTAWA — A pair of duelling bills are putting the debate over the census and the work of Statistics Canada back on the floor of the House of Commons.

    Pair Of Duelling Private Member's Bills Stir Debate Over Census

    Northwest Territoriesopens Land For First Oil Exploration Auction Since Devolution

    Northwest Territoriesopens Land For First Oil Exploration Auction Since Devolution
    OTTAWA — The Northwest Territories is holding its first auction for energy exploration licences since that responsibility was delegated to Yellowknife from Ottawa.

    Northwest Territoriesopens Land For First Oil Exploration Auction Since Devolution