Wednesday, December 31, 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

Ontario, Quebec close borders to slow COVID-19

Ontario, Quebec close borders to slow COVID-19
Starting today, travellers from Manitoba and Quebec cannot enter Ontario unless they live or work in the province, are transporting goods, or are travelling for health, compassionate reasons or to exercise an Aboriginal treaty right.

Ontario, Quebec close borders to slow COVID-19

Vancouver mayor warns of COVID crackdown by police

Vancouver mayor warns of COVID crackdown by police
Large groups of mostly maskless people held impromptu gatherings in parks and on beaches Friday and Saturday as the first warm spell of the year created summer-like conditions.

Vancouver mayor warns of COVID crackdown by police

B.C. wildfire prompts evacuation alert

B.C. wildfire prompts evacuation alert
The BC Wildfire Service says the suspected human-caused blaze was fanned by winds after being sparked on Sunday and now covers an estimated one square kilometre.

B.C. wildfire prompts evacuation alert

Vancouver Police investigate fifth homicide of the city

Vancouver Police investigate fifth homicide of the city
Preliminary evidence indicates the shooting was targeted and investigators do not believe there is a specific public safety risk at this time related to this incident.

Vancouver Police investigate fifth homicide of the city

Ontario tightens restrictions, cops get new powers

Ontario tightens restrictions, cops get new powers
The new restrictions do not include mandated paid sick days, which labour groups and public health experts have said would protect vulnerable essential workers and help stop the spread of the virus in workplaces and the community at large.

Ontario tightens restrictions, cops get new powers

1005 COVID19 cases for Friday

1005 COVID19 cases for Friday
There are currently 5,739 cases of COVID-19 that are confirmed variants of concern in our province. Of the total cases, 212 are active and the remaining people have recovered. 

1005 COVID19 cases for Friday