Friday, December 26, 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

Canadian military-goods exports dropped in 2020

Canadian military-goods exports dropped in 2020
Canada's annual report on exports of military equipment says in 2020 it sold approximately $1.966 billion in controlled military goods to international buyers compared to $3.757 billion in 2019.

Canadian military-goods exports dropped in 2020

Residential school survivor breaking silence

Residential school survivor breaking silence
The Kamloops Indian Residential School was Canada's largest such facility operated by the Roman Catholic Church between 1890 and 1969 before the federal government took it over as a day school until 1978, when it was closed.

Residential school survivor breaking silence

B.C. lays out plan for 'modernizing' forest sector

B.C. lays out plan for 'modernizing' forest sector
A new paper lays out far-ranging "policy intentions," including diversifying the ownership of forest tenures, or harvesting rights, and establishing a framework for compensation in the event those rights are lost.    

B.C. lays out plan for 'modernizing' forest sector

B.C.'s overdose deaths nearly double since 2016

B.C.'s overdose deaths nearly double since 2016
The service says 176 people died because of toxic illicit drugs in April, a 43 per cent increase from the same month last year, which means almost six British Columbians died of overdose every day.

B.C.'s overdose deaths nearly double since 2016

184 COVID19 cases for Tuesday

184 COVID19 cases for Tuesday
There are currently 2,800 active cases of COVID-19 in the province. Of the active cases, 254 individuals are currently hospitalized, 80 of whom are in ICU.

184 COVID19 cases for Tuesday

Kamloops discovery evidence of genocide: experts

Kamloops discovery evidence of genocide: experts
Ryerson University law professor Pamela Palmater says the United Nations' convention on the prevention and punishment of the crime of genocide applies to Canada's actions.    

Kamloops discovery evidence of genocide: experts