Close X
Wednesday, November 27, 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

Maintenance problems led to fatal B.C. crash: TSB

Maintenance problems led to fatal B.C. crash: TSB
The lone pilot, who was also the owner of E & B Helicopters Ltd., died when the chopper slammed into a building and burst into flames. No one was hurt on the ground.   

Maintenance problems led to fatal B.C. crash: TSB

Hundreds of permanent residents apply to military

Hundreds of permanent residents apply to military
Chief of the defence staff Gen. Wayne Eyre officially opened the military’s doors to all permanent residents in October, in direct response to an unprecedented personnel crisis that has left the Armed Forces scrambling for new recruits. Defence Minister Anita Anand publicly announced the measure, which went into effect on Oct. 18, on Monday.  

Hundreds of permanent residents apply to military

Liberals introduce bill to strengthen child care

Liberals introduce bill to strengthen child care
The Liberal government brought in a national child-care plan that would cut daycare fees by an average of 50 per cent by the end of this year — and down to an average of $10 per day by 2026.

Liberals introduce bill to strengthen child care

One dead, one arrested in Surrey stabbing

One dead, one arrested in Surrey stabbing
When officers arrived, they found a woman with life-threatening injuries. She was rushed to hospital, where she died of her injuries. Police found and arrested one suspect.

One dead, one arrested in Surrey stabbing

Chen exits B.C. cabinet, citing trauma recovery

Chen exits B.C. cabinet, citing trauma recovery
Chen says in a statement released by the office of Premier David Eby on Tuesday that she asked him not to consider her in his cabinet shuffle, while she focuses on herself and her son and takes "time and space to heal."

Chen exits B.C. cabinet, citing trauma recovery

Former Kelowna Mayor, Colin Basran, charged with sexual assault: BC Prosecution Service

Former Kelowna Mayor, Colin Basran, charged with sexual assault: BC Prosecution Service
The police investigation was conducted by the Kelowna RCMP and reviewed by the Nelson Police Department, the statement says. Basran is set to make his first appearance related to the charge in Kelowna provincial court on Jan. 24.

Former Kelowna Mayor, Colin Basran, charged with sexual assault: BC Prosecution Service