Close X
Thursday, September 19, 2024
ADVT 
National

No cuts to people or services, but B.C. budget deficit to rise, finance minister says

Darpan News Desk The Canadian Press, 21 Feb, 2024 02:47 PM
  • No cuts to people or services, but B.C. budget deficit to rise, finance minister says

British Columbia Finance Minister Katrine Conroy says the budget she tables on Thursday will protect services and won't  raise taxes for ordinary residents, but she also forecasts an increased deficit because "it's the right thing to do." 

The minister says the time is not right for the NDP government to bring cuts when most people are facing rising costs for housing, food and other daily staples.

She says the budget will address health care, middle-class housing, a clean economy and incentives for small business.

Conroy says she couldn't pinpoint the size of the deficit, which was projected to reach $5.6 billion late last year, but the budget's long-term outlook forecasts deficit declines.

The government's budget comes less than nine months before a provincial election in the province. 

Conroy, who describes herself as a frugal person, says she will be breaking with tradition for the second year in a row by not wearing a new pair of shoes when she delivers the budget.

 

MORE National ARTICLES

When the sun goes down, a swarm of rats emerges in downtown Vancouver

When the sun goes down, a swarm of rats emerges in downtown Vancouver
When the sun goes down, the rats of Vancouver's Burrard Skytrain Station emerge, in a scurrying blur of fur and whipping tails. Dozens of them, large and small, scamper around a park in front of the downtown station, running up and down the stairs among the legs of commuters and a wary reporter. Some appear to be feasting on birdseed scattered on the ground.

When the sun goes down, a swarm of rats emerges in downtown Vancouver

PM hints at tougher penalties for car thieves as feds seek ideas at national summit

PM hints at tougher penalties for car thieves as feds seek ideas at national summit
The Liberal government will consider tougher criminal penalties for people who steal vehicles, Prime Minister Justin Trudeau said Thursday as he kicked off a daylong summit aimed at confronting the scourge of auto theft.

PM hints at tougher penalties for car thieves as feds seek ideas at national summit

Former RCMP intelligence official sentenced to 14 years for breaking secrets law

Former RCMP intelligence official sentenced to 14 years for breaking secrets law
A former RCMP intelligence official has been sentenced to 14 years in prison for breaching Canada's secrets law in what the judge called a case without precedent. Ontario Superior Court Justice Robert Maranger handed the sentence Wednesday to Cameron Jay Ortis, who was found guilty in November of violating the Security of Information Act.  

Former RCMP intelligence official sentenced to 14 years for breaking secrets law

Sex offender missing from halfway house

Sex offender missing from halfway house
Vancouver police say  a man considered a high risk and violent sex offender is missing after he failed to check in to his halfway house yesterday. They say 36-year-old Johnny Walkus is wanted Canada-wide.

Sex offender missing from halfway house

Liberals' proposed AI law too vague

Liberals' proposed AI law too vague
Representatives from Big Tech companies say a Liberal government bill that would begin regulating some artificial intelligence systems is too vague.  Amazon and Microsoft executives told MPs at a House of Commons industry committee meeting Wednesday that Bill C-27 doesn't differentiate enough between high- and low-risk AI systems.

Liberals' proposed AI law too vague

Liberals devote $28M to beef up fight against stolen car exports on eve of summit

Liberals devote $28M to beef up fight against stolen car exports on eve of summit
The federal government is earmarking $28 million in new money to help fight the export of stolen vehicles. The Liberal government said Wednesday the money will give the Canada Border Services Agency more capacity to detect and search containers with pilfered autos.

Liberals devote $28M to beef up fight against stolen car exports on eve of summit