Wednesday, December 24, 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

B.C. funds searches at former residential schools

B.C. funds searches at former residential schools
The British Columbia government says it's providing $12 million to support First Nations with investigative work at former residential school sites.

B.C. funds searches at former residential schools

Suspicious fire scorches church in northwest B.C.

Suspicious fire scorches church in northwest B.C.
New Hazelton RCMP say the fire was reported early Saturday morning on the Gitwangak First Nation and was quickly extinguished with minimal damage and no injuries.

Suspicious fire scorches church in northwest B.C.

Wildfire officials brace as temperatures climb

Wildfire officials brace as temperatures climb
A community in central British Columbia broke Canada's all-time heat record yesterday with a temperature of 46 C and even northerly cities like Edmonton are expected to near the 40 C mark this week.

Wildfire officials brace as temperatures climb

Vaccine mixing generates strong immune response

Vaccine mixing generates strong immune response
The results are similar to those reported earlier this year from small studies in Germany and Spain and will reinforce the decision to mix and match vaccines in much of Canada.

Vaccine mixing generates strong immune response

O'Toole pitches Tories as Canada Day defenders

O'Toole pitches Tories as Canada Day defenders
The Conservative Party of Canada is positioning itself as the defender of Canada Day, as more communities decide to skip celebrations out of respect for First Nations discovering unmarked burial sites at former residential schools.

O'Toole pitches Tories as Canada Day defenders

Canada nearing 50 million vaccines delivered

Canada nearing 50 million vaccines delivered
Canada should have enough COVID-19 vaccine by the end of this week to fully inoculate three-quarters of all Canadians over the age of 12.

Canada nearing 50 million vaccines delivered