The province forecasts huge deficits in each of the next four fiscal years.
british columbia government
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.
October 18, 2023
1:48PM
From February 2020 to June 2023, total employment in B.C. increased by 111,500 jobs—including 104,400 in the government sector.
August 28, 2023
4:30AM
The province's net debt will reach a projected $97.2 billion in 2024/25.
March 20, 2023
7:00AM
The province's debt-to-GDP ratio will climb to a projected 22.5 per cent in 2025.
February 27, 2023
11:23AM
The province now has the fourth-highest top personal income tax rate in Canada and the United States.
February 27, 2023
6:00AM
An unexpected boost in revenues temporarily forestalled rapid debt growth.