Saturday, December 27, 2025
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

Garneau welcomes ceasefire in Gaza, Israel

Garneau welcomes ceasefire in Gaza, Israel
Garneau says Canada is calling on Israelis and Palestinians for a renewed commitment to peace and is standing ready to support efforts toward a two-state solution.

Garneau welcomes ceasefire in Gaza, Israel

Racism common for 70% of Black Canadians: survey

Racism common for 70% of Black Canadians: survey
Researchers at York University released early findings Friday from a national survey examining how Black Canadians experience race and racism across social spheres.

Racism common for 70% of Black Canadians: survey

Body found after fire in ditch in Surrey, B.C.

Body found after fire in ditch in Surrey, B.C.
Investigators say the case is not related to the ongoing gang conflict in Metro Vancouver. They say the public is not at risk.    

Body found after fire in ditch in Surrey, B.C.

B.C. port raises alarm over U.S. cruise law

B.C. port raises alarm over U.S. cruise law
Canada supports U.S. actions requiring that 98 per cent of crew and 95 per cent of passengers be vaccinated. Transport Canada will also reassess measures as the pandemic evolves and review all requests, including technical stops, in consultation with provincial and local health authorities, the statement added.

B.C. port raises alarm over U.S. cruise law

Helicopter Crash at Langley Airport

Helicopter Crash at Langley Airport
The pilot and passenger were able to walk away from the helicopter and are not seriously injured.      

Helicopter Crash at Langley Airport

Shootdown of Flight 752 was terrorist act: court

Shootdown of Flight 752 was terrorist act: court
An Ontario court has ruled that the Iranian military's downing of a passenger jet early last year was an intentional act of terrorism, paving the way for relatives of those killed to seek compensation from the country.

Shootdown of Flight 752 was terrorist act: court