Payroll costs across the provincial government sector are poised to increase sharply.
The province's net debt increased in 2021/22 by $2.6 billion to reach $55.8 billion.
Future immigration into B.C. may not match pre-COVID levels.
Over the next three years, net debt is expected to grow almost 25 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.
The B.C. government wants to raise the province’s minimum wage from $11.35 to $15.20 by 2021.
Overall, the NDP added $4.4 billion in new spending over three years.