Friday, March 29, 2024
ADVT 
National

B.C. deficit lower than forecast at $5.5 billion

Darpan News Desk The Canadian Press, 28 Jul, 2021 12:59 PM
  • B.C. deficit lower than forecast at $5.5 billion

British Columbia's budget deficit has come in almost $3 billion lower than was forecast for the 2020-21 fiscal year.

Finance Minister Selina Robinson says the final numbers show a deficit of $5.46 billion compared to the original forecast of almost $8.2 billion.

She says the strength of B.C.'s economy helped keep the province's finances on stable ground.

Robinson says she expects to lay out a plan in next year's budget that outlines how the province will return to future surpluses.

She says the public accounts show B.C. spent more than $10 billion on COVID-19 response and recovery programs, which included funding for health and shelter as well as economic supports and benefits.

Robinson says the accounts show B.C.'s economy declined by 3.8 per cent, which was less than Canada's national average of 5.3 per cent.

MORE National ARTICLES

Float plane flips over on take off in Tofino, B.C.

Float plane flips over on take off in Tofino, B.C.
Board spokesperson Alexandre Fournier says the float-equipped Cessna A185F "nosed over in shallow water" during take off from the harbour.

Float plane flips over on take off in Tofino, B.C.

150 COVID19 cases for Tuesday

150 COVID19 cases for Tuesday
80.7% (3,742,081) of eligible people 12 and older in B.C. have received their first dose of COVID-19 vaccine and 62.3% (2,887,730) have received their second dose.    

150 COVID19 cases for Tuesday

Leaving a Legacy: Youth Raising Funds for Senior Care Facility

Leaving a Legacy: Youth Raising Funds for Senior Care Facility
 As the hustle and bustle of life commitments continues to take over the working population, creating senior care facilities is becoming a pressing necessity.

Leaving a Legacy: Youth Raising Funds for Senior Care Facility

One-time payments to seniors over 75 likely to also go to the dead, documents say

One-time payments to seniors over 75 likely to also go to the dead, documents say
It's not unheard of for federal benefits to flow to a person after their death, often as a result of lags in reporting to federal authorities from provinces and territories that are responsible for collecting information about a person's death.

One-time payments to seniors over 75 likely to also go to the dead, documents say

Cdn border workers vote in favour of strike: union

Cdn border workers vote in favour of strike: union
The Public Service Alliance of Canada and its Customs and Immigration Union announced Tuesday its members may strike as soon as Aug. 6, three days before fully vaccinated U.S. citizens will be able to visit Canada without having to quarantine for two weeks.

Cdn border workers vote in favour of strike: union

B.C. kicks off COVID campaign to boost vaccination

B.C. kicks off COVID campaign to boost vaccination
A campaign on Aug. 4 called Walk-in Wednesday will make 20,000 doses available at clinics before a push later in the month and in September to target young people returning to school.

B.C. kicks off COVID campaign to boost vaccination