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

Comments are closed

Just Posted

Aldergrove moms orchestrate class photo for Kindergaten grads after COVID-19 school shutdown

Five year olds at Parkside Elementary got one final reunion to wrap up their school year cut short

Police arsenal deployed in Langley to avoid potentially violent situation

Mounties arrest armed Vancouver man after Tasering him on Willoughby side street

Langley Blaze back on the field but only for practices

New camera system allows families and colleges to watch ball players

This year’s Canada Day parade in Aldergrove unlike any before due to COVID-19

Families lined six kilometres of local streets in socially distant groups for the Wednesday procession

LETTER: Anxious to know when Township will re-open pools

Critical of the municipality for not yet re-opening the indoor swimming facilities or sharing plans

Lower Mainland teacher facing child pornography charges

Elazar Reshef, 52, has worked in the Delta School District

Missing Fraser Valley woman has not been in contact with family for several months

The RCMP are asking for the public’s help in locating 35-year-old Chantelle Chenier of Chilliwack

Rescuers halt Coquihalla River search due to darkness, after reports of person in river

No information to indicate a child is involved, RCMP state, after this information surfaced on social media

Man who rammed gate near Trudeau residence with truck faces multiple charges

The man, who police have not yet officially identified, will be charged with multiple offences

All community COVID-19 outbreaks declared over in B.C.

Abbotsford manufacturer cleared by Dr. Bonnie Henry

Kelowna RCMP commander calls for more nurses during wellness checks after complaint

Southeast District Commander wants to increase Police and Crisis Team program

‘Tarantula moth’ spotted in broad daylight on Vancouver Island

Polyphemus moths are one of the largest insects in B.C.

B.C. First Nations vow to keep fighting after Trans Mountain pipeline appeal denied

Squamish Nation, Tsleil-Waututh Nation and Coldwater Indian Band made the application

Most Read