British Columbia’s finance minister is promising to stay the course in her next budget to be tabled Tuesday in the legislature, while also monitoring potential storm clouds looming over the economy. Finance Minister Carole James releases the provincial public accounts report during a press conference at the press gallery at B.C. Legislature in Victoria, Thursday, July 18, 2019. THE CANADIAN PRESS/Chad Hipolito

No dramatic shifts expected as B.C. government tables new budget today

Finance Minister Carole James has promised to stay the course when she tables the budget in the legislature

The British Columbia government is expected to stick to its focus on affordability as it unveils its next budget today amid increasingly difficult economic conditions.

Since coming to power more than two years ago, the NDP has made controlling costs for families, with a focus on housing in particular, a hallmark of its economic policies.

Finance Minister Carole James has promised to stay the course when she tables the budget in the legislature.

But she also warned in her last fiscal update that economic growth is slowing, making it a more challenging year.

James says balancing the budget means making difficult decisions and the government has also been bogged down by the costly crisis at the Insurance Corp. of B.C.

The public auto insurer has lost $2.5 billion over the past two years and James says she’s frustrated that some of the funds used to stem the losses could have gone toward programs and services.

“I don’t think any finance minister would say building a budget is easy. There are always more priorities than there are resources for,” James said.

The Canadian Press


Like us on Facebook and follow us on Twitter.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

Morning Start: How much do you know about Edgewood’s past?

Here is your Kootenay morning start for Thursday, April 9

City councillors decide not to waive business license fines in Rossland for 2020

Instead, the city will try to issue business license refunds for business struggling financially due to COVID-19

Castlegar wedding shows love conquers all

Brandon Melanson and Kimberly Patricia Melanson were married at Millennium Park last week.

Selkirk College starts COVID-19 emergency fund for students

The college has set aside up to $30,000 in matching funds for donations

New multi-use trail network coming to Red Mountain in Rossland

Kootenay Columbia Trails Society will help to build 5.8 kilometres worth of trails this summer

UPDATE: Canadians awake to extra COVID-19 emergency benefit money, feds clarify changes

The CRA and federal officials are working to clarify the confusion around payments

B.C. asking companies to contribute through online COVID-19 supply hub

New platform to co-ordinate, source, expedite supplies and equipment to support front-line workers

B.C., Alberta health ministers urge public to stay home Easter weekend

Regional politicians, online petition calling for closure of provincial border to non-essential traffic

Controls can keep Canadian COVID-19 deaths under 22,000, health agency says

With poor containment measures, the death toll could be much, much higher, the agency says

People needing addictions services feel ‘abandoned’ during pandemic, B.C.’s ex-top doctor says

Widespread job losses and more homelessness due to physical distancing at shelters have added hurdles

Canada lost 1,011,000 jobs in March, unemployment rate up to 7.8%: StatCan

Unemployment rate hits levels not seen since 2010

COVID-19 world update: 6.6 million U.S. jobless claims; alcohol sales banned in Bangkok

Comprehensive digest of coronavirus news items from around the world

B.C. sorting medical equipment sales, donation offers for COVID-19

Supply hub has call out for masks, gowns, coronavirus swabs

Most Read