On the day U.S. tariffs on Canada took effect, the B.C. government tabled its 2025 budget, pledging to fight back against the tariffs. The province enters a trade war with a budget featuring a contingency fund, spending cuts, and a nearly $11 billion deficit.
The province’s 2025 budget comes during “the most consequential time in B.C. in generations,” Finance Minister Brenda Bailey said in her March 4 budget speech, adding that her government recognizes the importance of balancing the budget in the long term, “but never at the expense of the services people rely on every day.”
