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

Champagne says he's working phones to court new players for Canadian grocery market

Champagne says he's working phones to court new players for Canadian grocery market
Industry Minister François-Philippe Champagne is once again insisting that he is reaching out to international grocers in the hopes they will open up shop in Canada and spur more competition. Champagne said Tuesday that he'd spoken to one foreign grocer that very morning as part of his efforts to court new players for the Canadian grocery sector  — but he's not naming any names. 

Champagne says he's working phones to court new players for Canadian grocery market

Canada sends $40M for Palestinians in Gaza, as Liberal MP decries UNRWA freeze

Canada sends $40M for Palestinians in Gaza, as Liberal MP decries UNRWA freeze
Canada is sending another $40 million in aid to organizations that are helping people in the Gaza Strip after pausing funding to the UN's relief agency for Palestinians — with one Liberal MP saying it's doubtful other groups will be as effective. The funding top-up, bringing the total commitment to $100 million, comes as Ottawa condemns what it calls "inflammatory rhetoric" from Israeli government officials about the forced displacement of those who live in the besieged territory. 

Canada sends $40M for Palestinians in Gaza, as Liberal MP decries UNRWA freeze

Overnight fire at Surrey strip mall

Overnight fire at Surrey strip mall
Surrey police are investigating a suspicious fire overnight that engulfed several businesses at a strip mall. RCMP say it happened at around midnight at the mall at the intersection of 148th Street and 108th Avenue.

Overnight fire at Surrey strip mall

Punjab man guilty of fatal car crash in Canada deported to India

Punjab man guilty of fatal car crash in Canada deported to India
A 26-year-old man hailing from Punjab has been deported to India less than a year after he was found guilty of a car crash that killed a woman and her elderly mother in the Canadian province of Alberta. Bipinjot Gill, who arrived in Canada in 2016 on a student visa, sped through a red light in Calgary on May 18, 2019, killing Uzma Afzal, 31, and her mother, Bilquees Begum, 65, on the spot.

Punjab man guilty of fatal car crash in Canada deported to India

Indo-Canadian arrested in connection with fatal shooting of teen

Indo-Canadian arrested in connection with fatal shooting of teen
An 18-year-old Indo-Canadian has been taken into custody and an arrest warrant has been issued for a 16-year-old in connection with the shooting death of a fellow Indian-origin teen last month. On December 19, 2023, a local hospital notified Peel Police about 18-year-old Nishan Thind who was admitted with a gunshot wound just before 6 pm.

Indo-Canadian arrested in connection with fatal shooting of teen

CBC head Catherine Tait set to face off with MPs over job cuts, executive bonuses

CBC head Catherine Tait set to face off with MPs over job cuts, executive bonuses
The president of CBC and Radio-Canada is set to testify on Parliament Hill today following the public broadcaster's recent announcement that it would cut 10 per cent of its workforce. Catherine Tait is scheduled to appear before a House of Commons committee this afternoon, where MPs are expected to grill her on the cuts — and whether executives are still receiving bonuses.

CBC head Catherine Tait set to face off with MPs over job cuts, executive bonuses