From February 2020 to June 2023, total employment in B.C. increased by 111,500 jobs—including 104,400 in the government sector.
The province's debt-to-GDP ratio will climb to a projected 22.5 per cent in 2025.
The provincial budget forecasts a large increase in debt over the next few years relative to the size of the economy.
Debt as a share of the provincial economy could reach up to 19.8 per cent this year.
The government raised the top personal income tax rate from 16.8 per cent to 20.5 per cent.