Close X
Saturday, December 28, 2024
ADVT 
National

New B.C. finance minister inherits big surplus

Darpan News Desk The Canadian Press, 08 Dec, 2022 05:59 PM
  • New B.C. finance minister inherits big surplus

VICTORIA - Katrine Conroy says she asked to keep her old job as British Columbia's forests minister because there was unfinished business, but Premier David Eby had other plans and put her in charge of managing the province's finances.

The veteran New Democrat, who was first elected in 2005, said she was surprised she was appointed finance minister in Eby's new cabinet.

Conroy inherits a budget with a projected surplus of $5.7 billion this year, but the good times are not expected to last, with private and government forecasters saying B.C.'s economic growth will dip to less than one per cent next year.

"There's stuff to do," Conroy said Thursday in an interview. "There's big challenges. Actually, I 'm quite honoured he asked me to take on this portfolio."

Eby described his new cabinet as a blend of experienced politicians and energetic newcomers who will focus on big issues facing the province.

The new finance minister will bring a rural perspective to her portfolio, in contrast to the urban-centred views of Eby and other cabinet ministers from larger communities, the premier said on Wednesday.

He noted Conroy lives on a ranch and has been known to participate in family hunting trips.

Conroy said she and her cabinet colleagues will deliberate on how best to address the surplus and the challenges ahead.

"I'm a very collaborative person and I'm going to ensure we're going to carry on doing the things we need to do," Conroy said. "People want us to ensure we're carrying on doing that work around making sure we've got housing for British Columbians and that things are affordable."

Eby's mandate letter for Conroy sets out several priorities, including possibly strengthening the Speculation and Vacancy Tax, working to deliver the renters’ rebate to help bring down costs for renters and providing cost-of-living supports to people in response to global inflation and economic uncertainty.

The NDP government introduced the Speculation and Vacancy Tax in 2018 to discourage housing speculation and vacant homes. The tax also targeted foreign owners and satellite families who have Canadian citizenship but earn their incomes outside Canada.

The government promised a $400 renters' rebate during the 2017 election campaign but has yet to implement the pledge.

Conroy said she agrees with Eby's description of her approach to work and life as a person who is "rural tough."

"It's the truth, I'm from rural B.C. and some of my colleagues are from urban B.C. and we need all voices at the table. We definitely need to hear rural voices at the table. That's what I bring."

Conroy, who has four children and nine grandchildren, lives on a ranch at Pass Creek located just outside of Castlegar in southeast B.C.

Her late husband, Ed Conroy, also served as the area's New Democrat MLA.

Conroy has had a varied career outside of politics, including being one of the province's first female power engineers, a person who supervises, operates and maintains machinery and boilers.

She was also an early childhood educator, director of a multi-service non-profit agency, a college instructor and a small businesswoman.

MORE National ARTICLES

Darpan's 10 with Surrey Mayor Brenda Locke

Darpan's 10 with Surrey Mayor Brenda Locke
Surrey’s South Asian community is an integral part of the fabric of Surrey and I invite all to be a part of this pivotal moment in time. Great things are set for this city and every Surrey resident can play a role in shaping our city.  As we go forward, there will be a City Council that is transparent, accountable, and ethical to serve all our residents.

Darpan's 10 with Surrey Mayor Brenda Locke

WATCH: Emerging South Asian Community in Canada

WATCH: Emerging South Asian Community in Canada
1 in 5 people coming to Canada were born in India, the data shows, making it the top country of birth for recent arrivals. The growing South Asian diaspora is a player in the Canadian economy and if you are wanting to tap into the South Asian market find out all the platforms that Darpan Magazine offers.

WATCH: Emerging South Asian Community in Canada

2 women forcibly confined in a van, one of them assaulted & robbed of her money

2 women forcibly confined in a van, one of them assaulted & robbed of her money
It was determined early in the investigation that all of the occupants knew each other. Police took immediate action to locate the other remaining victim who was in the U-Haul van and allegedly being forcibly confined by a male and female suspect.

2 women forcibly confined in a van, one of them assaulted & robbed of her money

Surrey massage therapist charged with sexual assault

Surrey massage therapist charged with sexual assault
On November 25, 2022, 50-year-old, Gudbjartur Bodhi Haraldsson, who goes by Bodhi was arrested and charged with one count of sexual assault. Anyone with information is asked to contact the Surrey RCMP. 

Surrey massage therapist charged with sexual assault

VPD seek to identify 2 women who smashed the front window of a downtown retailer

VPD seek to identify 2 women who smashed the front window of a downtown retailer
The suspects were captured on store surveillance cameras loitering at the entrance of City Lux Boutique, near Howe and Nelson streets on December 6 just after 4:30 a.m. One of the suspects used an object to shatter the glass on the window next to the front door. Both women then fled the area.

VPD seek to identify 2 women who smashed the front window of a downtown retailer

Five B.C. kids died from flu in November

Five B.C. kids died from flu in November
Before the COVID-19 pandemic, an average five to six kids died per flu season across Canada, data from a national surveillance network administered by the Canadian Paediatric Association known as IMPACT shows.  

Five B.C. kids died from flu in November

PrevNext