The province's net debt increased in 2021/22 by $2.6 billion to reach $55.8 billion.
bc government spending
Debt as a share of the provincial economy could reach up to 19.8 per cent this year.
The provincial budget projected that net debt would grow to $48.9 billion in 2020/21.
CIBC predicts the province's unemployment rate will rise to 9.7 per cent.
After just one full year in power, it seems British Columbians may be seeing history repeat itself with a return to the big spending NDP government of the 1990s.
Government workers in B.C. are absent from their jobs for personal reasons 49 per cent more often than private-sector workers.
Premier John Horgan’s NDP government campaigned on balanced budgets.