Finance Minister Suggests Budget Deficits on Way for BC After Surplus

Finance Minister Suggests Budget Deficits on Way for BC After Surplus
British Columbia Finance Minister Katrine Conroy and school principal Vicki Ives serve up a hot lunch for students at Ruth King Elementary during a photo-op ahead of the budget while in Langford, B.C., Feb. 27, 2023. The Canadian Press/Chad Hipolito
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British Columbia Finance Minister Katrine Conroy is suggesting budget deficits are in the province’s future as she prepares to present the government’s financial blueprint Tuesday.

Premier David Eby’s government has been spending what was projected as an almost $6-billion surplus from last year’s budget on pressing issues like disaster mitigation, addiction treatment and cost-of-living supports.