Sunday, December 28, 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

PM wants ceasefire in Israeli-Palestinian conflict

PM wants ceasefire in Israeli-Palestinian conflict
He says the violence needs to stop and Canada will work with the international community to de-escalate the situation "so that there is no more loss of civilian life."

PM wants ceasefire in Israeli-Palestinian conflict

Second dose choice likely for AstraZeneca: Tam

Second dose choice likely for AstraZeneca: Tam
Tam's comments Tuesday come hours after a small Spanish study on mixing and matching vaccines reported that giving a Pfizer-BioNTech for the second dose after AstraZeneca is safe and produced a stronger immune response than a second dose of AstraZeneca.

Second dose choice likely for AstraZeneca: Tam

Ng to U.S.: Canada a key part of recovery effort

Ng to U.S.: Canada a key part of recovery effort
Mary Ng is taking part in the inaugural meetings of the Free Trade Commission, which oversees the implementation of the U.S.-Mexico-Canada Agreement.

Ng to U.S.: Canada a key part of recovery effort

Vancouver mayor says sorry for city's role in turning away South Asians in 1914

Vancouver mayor says sorry for city's role in turning away South Asians in 1914
Mayor Kennedy Stewart says discrimination by the city had "cruel effects" on the Sikhs, Hindus and Muslims aboard the Komagata Maru, which arrived in Burrard Inlet on May 23, 1914.

Vancouver mayor says sorry for city's role in turning away South Asians in 1914

Film producer Avi Lewis to seek NDP nod in B.C.

Film producer Avi Lewis to seek NDP nod in B.C.
The party's candidate for the next federal election will be selected at a virtual nomination meeting on Saturday and so far Lewis is the only person to have announced their candidacy.

Film producer Avi Lewis to seek NDP nod in B.C.

Canadians can get U.S. COVID vax and no quarantine

Canadians can get U.S. COVID vax and no quarantine
Quarantine regulations passed by the federal government contain an exemption for essential medical services obtained abroad. A coronavirus shot, the agency says, falls under that definition.

Canadians can get U.S. COVID vax and no quarantine