BC Deficit

• Tough bargaining ahead as B.C. public sector contracts expire amid surging inflation

  There are 184 public sector contracts, covering more than 393,000 workers, up for renewal -- most of them expiring on March 31.

  Economy

  Mar 23, 2022
  
• B.C.’s economy bouncing back from COVID-19 more quickly than expected

  In its first quarterly update of 2021-22, the province has projected a $4.8-billion deficit, or roughly half of what was predicted in Budget 2021.

  Economy

  Sep 13, 2021
  
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• B.C. economy starting to recover as COVID-19 restrictions ease

  Finance Minister Selina Robinson released a financial update on Wednesday showing a lower-than-projected deficit of $5.5 billion.

  Economy

  Jul 28, 2021
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• B.C. to table unprecedented budget amid COVID-19 financial pressures

  The last budget, tabled just as B.C.'s first COVID-19 cases were being diagnosed, forecast three years of modest surpluses, including a surplus of $227 million for 2020-21.

  Economy

  Apr 18, 2021
• B.C.’s 2019-20 budget battered by COVID-19, deficit expected to climb further

  British Columbia's audited financial numbers have revealed the province's worst kept secret, the COVID-19 pandemic has led to massive financial losses.

  Economy

  Aug 31, 2020
• B.C. forecasts $12.5B deficit due to COVID-19 spending, massive drops in tax revenues

  The financial update presented by Finance Minister Carole James on Tuesday is the first look British Columbians have had at the provincial coffers since the start of the COVID-19 pandemic.

  Economy

  Jul 14, 2020