The province forecasts huge deficits in each of the next four fiscal years.
british columbia finances
February 22, 2024
8:27AM
In 2022/23, the latest year of complete data, inflation-adjusted spending reached a record high of $14,275 per person.
February 21, 2024
1:00AM
February 20, 2024
8:36AM
This fiscal year the province's debt interest costs with reach $3.3 billion.
February 6, 2024
9:30AM
The province is on track to add more debt than it did during the 2008/09 recession and pandemic.
December 13, 2023
9:30AM
By 2025/26, the province will spend an estimated $4.1 billion on debt interest—an increase of 53 per cent over three years.
August 28, 2023
4:30AM
The province's net debt will reach a projected $97.2 billion in 2024/25.
March 14, 2023
1:30PM
The province's annual debt interest payments will increase by 45 per cent between 2022 and 2025.