BC Election Budget Boosts Family Benefits as Deficit Soars to $7.9B

BC Election Budget Boosts Family Benefits as Deficit Soars to $7.9B
B.C. Finance Minister Katrine Conroy tables the budget in the legislative assembly at the legislature in Victoria on Feb. 22, 2024. The Canadian Press/Chad Hipolito
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Families and small business operators in British Columbia are expected to benefit in an election-year budget that boosts spending, but forecasts a growing deficit of more than $7.9 billion and economic growth of less than one per cent.

The budget also pledges to introduce a home flipping tax to deter real estate speculators and a commitment to provide one cycle of free invitro fertilization to anyone who wants to start a family, Finance Minister Katrine Conroy said Thursday.