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

Masks help stop the spread of COVID-19, says Comox Valley doctor

Local sewing community produces masks for seniors in an apartment

Hospital remains safe place for childbirth, say Comox Valley care providers

North Island Hospital has been asked to share its perinatal COVID-19 response plan

B.C. firefighters only responding to most life-threatening calls during COVID-19 pandemic

The directive comes after province spoke with paramedics, fire services, according to top doctor

VIDEO: Fire departments salute health care staff at hospital in Comox Valley

Trucks large and small drove by facility in procession, with siren and flashers on

‘Better days will return’: Queen Elizabeth delivers message amid COVID-19 pandemic

The Queen said crisis reminds her of her first address during World War II in 1940

Comox Valley grocers going extra mile during coronavirus

We have had numerous requests to post a fluid article directing consumers… Continue reading

Emergency aid portal opens Monday, cash could be in bank accounts by end of week: Trudeau

Emergency benefit will provide $2,000 a month for those who have lost their income due to COVID-19

Education, not enforcement: B.C. bylaw officers keeping a watch on physical distancing

A kind word, it turns out, has usually been all people need to hear

Canadian cadets to mark 103rd anniversary of Vimy Ridge April 9 virtually

Idea of Captain Billie Sheridan in Williams Lake, B.C. who wondered what to do in times of COVID-19

B.C. VIEWS: Pandemic shows need for adequate care home staffing

Seniors in B.C. care homes face challenging times

QUIZ: How much do you know about hockey?

Take this test and find out how well you know Canada’s most popular winter sport

Researchers look at humidity as a weapon in the fight against airborne viruses

Regular hand washing, physical distancing and PPE for health care workers remains best line of defense

Most Read