Sunday, January 18, 2026
ADVT 
National

B.C. budget deficit forecast to hit $13.6 billion

Darpan News Desk The Canadian Press, 17 Dec, 2020 06:15 PM
  • B.C. budget deficit forecast to hit $13.6 billion

British Columbia's deficit forecast has grown and the budget shortfall is now expected to hit $13.6 billion in this fiscal year.

The government predicted in September that the province would end the year with a $12.8 billion deficit.

In February, the government projected a budget surplus of $227 million for 2020-21 but that was before the impact of the COVID-19 pandemic.

The Ministry of Finance predicts B.C.'s economy will decline by 6.2 per cent this year, but growth is expected to rebound to three per cent next year.

Finance Minister Selina Robinson said the economy might not perform at pre-pandemic levels until late 2022 or early 2023.

“We’ve been through a year like no other,” Robinson told a news conference on Thursday.

“The path forward remains uncertain.”

Robinson said the government will table its budget on April 20 after legislation was passed on Wednesday night allowing the government to delay its introduction from the traditional date in February.

Documents released by the Finance Ministry show that more than $10 billion has been spent by B.C. on measures related to COVID-19 including almost $2 billion in pandemic relief funds.

Legislation is expected to pass on Thursday that allows for payments of $1,000 to eligible families and $500 to individuals.

Premier John Horgan promised to the pandemic recovery funding during October's election.

MORE National ARTICLES

WATCH: Canadian Prime Minister Justin Trudeau welcoming new immigrants to Canada despite COVID19

WATCH: Canadian Prime Minister Justin Trudeau welcoming new immigrants to Canada despite COVID19
WATCH: Prime Minister Justin Trudeau is not wanting to scale back on immigration even with closed borders, and record unemployment due to Covid19. Dr Bonnie Henry confirms BC has its first case of COVID19 linked syndrome in children.

WATCH: Canadian Prime Minister Justin Trudeau welcoming new immigrants to Canada despite COVID19

Vancouver Police investigates stabbing in Strathcona Park

Vancouver Police investigates stabbing in Strathcona Park
The victim is believed to have been stabbed inside a tent in the park around midnight. At 8 a.m. this morning, a woman found the victim on the corner of Raymur Avenue and Venables Street wrapped in a towel soaked in blood.

Vancouver Police investigates stabbing in Strathcona Park

Belarus opposition leader thanks Canada: minister

Belarus opposition leader thanks Canada: minister
Champagne met with Sviatlana Tsikhanouskaya in the Lithuanian capital of Vilnius, where she fled following an August presidential election that Canada and its allies have called fraudulent.

Belarus opposition leader thanks Canada: minister

Time ticking on vote-by-mail ballots in B.C.

Time ticking on vote-by-mail ballots in B.C.
Saturday is the deadline recommended by Elections BC because the ballots must be received no later than 8 p.m. on election day, Oct. 24.

Time ticking on vote-by-mail ballots in B.C.

Corey Hurren case put over to November

Corey Hurren case put over to November
Corey Hurren made a brief, virtual court appearance on Friday morning to learn he would have another hearing on Nov. 6.

Corey Hurren case put over to November

Top court sides with women in RCMP pension dispute

Top court sides with women in RCMP pension dispute
In a 6-3 decision Friday, the high court accepted the arguments of three mothers who worked reduced hours on the national police force in order to devote time to their children.

Top court sides with women in RCMP pension dispute