comparemela.com

Page 6 - மைக் பெர்னியர் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

B C projects $9 7-billion deficit in 2021 budget

Dirk Meissner, The Canadian Press The British Columbia government plans to spend $8.7 billion over three years on infrastructure as well as on supports for families and businesses to help build the economic recovery from Covid-19. Finance Minister Selina Robinson said Tuesday the deficit for the 2021-22 budget is projected to be $9.7 billion, lower than the $13.6-billion forecast last December, due to higher-than-expected revenues and lower government spending. The budget forecasts three consecutive years of billion-dollar deficits with the provincial debt hitting almost $103 billion and the prospect of a return to balanced books in seven to nine years’ time, Robinson said at a news conference.

B C budget lacks innovative drive, vision during uncertain times, say experts

Where we thought there was greater opportunity is the budget could have laid out more of a long-term economic vision, and I m not clear that this budget does that, Anderson said Wednesday in an interview. Finance Minister Selina Robinson said Tuesday her budget sets out to spend $8.7 billion over three years on infrastructure and supports for families and businesses to build economic recovery from COVID-19. She forecast a $9.7-billion deficit and the total provincial debt is expected to increase to almost $103 billion from $87.4 billion in the last budget. Robinson said the budget forecasts three consecutive multibillion-dollar deficits and estimates it will take between seven and nine years for the province to return to balanced budgets.

B C budget forecasts three years of billion-dollar deficits

Dirk Meissner The British Columbia government plans to spend $8.7 billion over three years on infrastructure as well as on supports for families and businesses to help build the economic recovery from Covid-19. Finance Minister Selina Robinson said Tuesday the deficit for the 2021-22 budget is projected to be $9.7 billion, lower than the $13.6-billion forecast last December, due to higher-than-expected revenues and lower government spending. The budget forecasts three consecutive years of billion-dollar deficits with the provincial debt hitting almost $103 billion and the prospect of a return to balanced books in seven to nine years’ time, Robinson said at a news conference.

Critics say Provincial Budget Has Some Needed Investments But Lacks Vision

Critics say Provincial Budget Has Some Needed Investments But Lacks Vision SHARE ON: The BC Green Party says the provincial budget makes some important investments but lacks the ambition to set the province on the road to a stronger future. Party Leader Sonia Furstenau, the MLA for Cowichan Valley, is happy to see “much-needed investments” in areas such as health care and support for people and business during COVID. However, Furstenau says she was looking for a more ambitious agenda. “This is the time to recognize the pivotal moment we are in when we can pair our recovery from COVID-19 with a transformative plan that ensures a green and just future for B.C.”

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.